ELEMENTS Linked to the MLCX Biofuels Index (Exchange Series) - Total Return
FUE
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- United States of America
- IPO Date
- Jan 2, 2009
- CIK
- 0000352960
- Similar Companies
- Business
- Swedish Export Credit Corporation (SEK) issues ELEMENTS Linked to the MLCX Biofuels Index (Exchange Series) - Total Return (FUE), an exchange-traded note (ETN) that provides investors with exposure to the performance of the ICE BofAML Commodity index eXtra Biofuels Exchange Series - Total Return, comprising futures contracts on biofuels sector commodities such as ethanol, biodiesel and related feedstocks; the ETN tracks the total return of this index, adjusted for fees, without direct investment in the underlying commodities. SEK, a state-owned Swedish policy company founded in 1978 and headquartered in Stockholm, Sweden, specializes in export credit financing, guarantees and structured solutions for Swedish exporters and their international customers across industries including energy, infrastructure and commodities; it operates globally with a lending portfolio exceeding SEK 272 billion, primarily in Europe, North America and Asia. The FUE ETN, launched on February 5, 2008, and listed on NYSE Arca, matured on February 13, 2023, marking a significant operational change as SEK ceased issuance of new shares for this and other ELEMENTS ETNs pending regulatory filings, with remaining outstanding notes redeemable based on the index factor at maturity. In recent years, SEK has focused on strategic expansions including new business areas for Customer Relations and Sustainability in 2025, alongside signing EUR 0.8 billion loan facilities such as with National Grid Electricity Transmission plc and achieving new credit commitments of SEK 57 billion in the first half of 2025, reflecting strengthened emphasis on sustainable finance amid biofuels market growth.