iPath Bloomberg Sugar Subindex Total Return(SM) ETN
SGGFF
Other OTC- -
USD
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- -
Capital Structure
FRC
•
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
- United States of America
- IPO Date
- Jun 25, 2008
- CIK
- 0000312070
- Similar Companies
- Business
- iPath Bloomberg Sugar Subindex Total Return(SM) ETN (SGGFF) is an exchange-traded note (ETN) that provides investors exposure to the performance of the Bloomberg Sugar Subindex Total Return, which tracks futures contracts on sugar without direct investment in the physical commodity; the ETN offers a cash payment at maturity or redemption linked to the index's total return. Issued by Barclays Bank PLC, it comprises a single asset focused on front-month sugar futures contracts within the agricultural commodities segment, targeting investors seeking leveraged or unleveraged volatility exposure in sugar markets; the product features an expense ratio of approximately 0.75% and was designed for extended-term holding until its scheduled maturity. Headquartered in London, United Kingdom, with primary listing on U.S. exchanges such as NYSE Arca (under ticker SGG prior to suspension), the ETN originated in 2011 as part of the iPath Series B under Barclays' commodity-linked structured products lineup. In a significant operational change, trading of the ETN was suspended on June 8, 2023, and it was declared out of business as of June 14, 2023, amid Barclays' broader review and suspension of sales for multiple iPath ETNs due to administrative issues and low assets under management (previously around $32.6 million for this series); no new issuances or redemptions occurred post-suspension, with over-the-counter trading persisting at indicative values around $40. Originally set to mature on January 23, 2048 (or earlier dates like June 24, 2038 in some filings), the ETN's early wind-down reflects Barclays' strategic shift away from certain underperforming commodity ETNs announced in 2022, including temporary halts and subsequent non-resumption for products like SGG.