iPath GEMS Index ETN
JEMTF
Other OTC- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 50 Hudson Yards New York NY United States of America 10001
- IPO Date
- Apr 4, 2008
- Similar Companies
- Business
- iPath GEMS Index ETN (JEMTF) is an exchange-traded note issued by Barclays Bank PLC that seeks to track the performance of the Barclays Global Emerging Markets Strategy (GEMS) Index, reflecting the total return of U.S. dollar investments in 15 emerging market currencies. The ETN provides investors exposure to currency returns from emerging markets including Brazil real, Russian ruble, Indian rupee, Indonesian rupiah, Mexican peso, South Korean won, Taiwan dollar, South African rand, Turkey lira, China renminbi, Poland zloty, Israel shekel, Chile peso, Colombia peso and Hungary forint, less the investor fee; it matures on February 4, 2038, or upon early redemption or acceleration, with cash settlement based on the index performance. Launched in 2008 and listed on U.S. OTC markets, the product operates globally with primary trading in the United States and targets institutional and retail investors seeking currency diversification. In June 2024, Barclays announced and exercised its issuer call option to redeem the outstanding iPath GEMS Index ETN in full on June 28, 2024, with valuation on June 21, 2024, following requisite consents obtained via a prior cash tender offer and consent solicitation that amended the indenture to enable full redemption; holders received cash equal to the closing indicative value, and no further holder redemptions were permitted post-announcement. Despite the planned 2024 redemption, the ETN continues to trade on OTC markets as of December 2025 with a recent price around $15.92, total assets previously noted at approximately $8.8 million, and no principal protection as an unsecured senior debt obligation of Barclays Bank PLC headquartered in London, United Kingdom.