iPath Select MLP ETN
The iPath Select MLP ETN are linked to the performance of the Volume-Weighting Average Price ("VWAP") level of the CIBC Atlas Select MLP Index. The Index is designed to provide exposure to a basket of midstream U.S. and Canadian master limited partnerships, limited liability companies and corporations (collectively, the "Index Constituents") that trade on major U.S. exchanges, are classified in the GICSEnergy Sector or GICS Gas Utilities Industry according to the Global Industry Classification Standard ("GICS") and meet certain eligibility criteria, including long-term credit rating, the portion of cash flow driven by mid-stream operations and size as measured by free-float market capitalization and average daily trading value.
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