What is an exchange traded note (ETN)?
Could you please elaborate on what an exchange traded note, or ETN, is? I'm particularly interested in understanding its unique features and how it differs from other financial instruments like exchange traded funds or stocks. I'd also like to know about the risks associated with investing in ETNs and how they are typically structured. Additionally, I'm curious about the potential benefits of ETNs for investors and any real-world examples of their use. Thank you for your time and expertise in this matter.