NEXT NOTES Nikkei-TOCOM Leveraged Crude Oil ETN (TYO:2038)

Assets	27.90B
Expense Ratio	n/a
PE Ratio	n/a
Dividend (ttm)	n/a
Dividend Yield	n/a
Ex-Dividend Date	n/a
Payout Frequency	n/a
Payout Ratio	n/a
1-Year Return	-49.52%

Volume	187,907
Open	1,391.00
Previous Close	1,365.00
Day's Range	1,364.00 - 1,392.00
52-Week Low	1,185.00
52-Week High	2,730.00
Beta	n/a
Holdings	n/a
Inception Date	Apr 19, 2013

About 2038

NEXT NOTES Nikkei-TOCOM Leveraged Crude Oil ETN is an exchange traded note launched by Nomura Europe Finance N.V. The note seeks to replicate the performance of the Nikkei-TOCOM Leveraged Crude Oil Index. The index seeks to track the twice the performance of the Nikkei-TOCOM Oil Index. It represents the commodity markets. The index comprises of crude oil. NEXT NOTES Nikkei-TOCOM Leveraged Crude Oil ETN was formed on April 19, 2013 and is domiciled in Japan.

• Asset Class: Commodities
• Category: Crude Oil
• Stock Exchange: Tokyo Stock Exchange
• Ticker Symbol: 2038
• Provider: NEXT NOTES
• Index Tracked: Nikkei-JPX Inverse Crude Oil Index - JPY - Benchmark TR Gross

Performance

2038 had a total return of -49.52% in the past year, including dividends. Since the fund's inception, the average annual return has been -14.94%.