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Barclays Bank PLC Announces No Changes To The Atlantic Trust Select MLP Index

Stocks in this article: ATMP BCS

Barclays Bank PLC announced today that following the close of business on Friday, July 12, 2013, there will be no changes to the constituents in the Atlantic Trust Select MLP Index (the “Index”).

Barclays ETN+ Select MLP Exchange Traded Note (the “ETN”) is linked to the performance of the volume weighted average price (“VWAP”) of the Index. The ETN was listed on the NYSE Arca stock exchange in March 2013 under the ticker symbol ATMP.

In accordance with the Index methodology as described in the prospectus relating to the ETN, the Index is rebalanced quarterly. The 23 constituents of the Index will be rebalanced on a capped, float-adjusted, capitalization-weighted basis across four index business days starting on Friday, July 12, 2013. Constituent additions to and deletions from the Index do not reflect an opinion by Barclays Bank PLC on the investment merits of the respective securities.

The target weights for the top Limited Partnership (“LP”) and General Partnership (“GP”) Index constituents, effective on July 12, 2013, are reported in the table below. For more information regarding how an Index constituent is classified as a LP or a GP, please see the prospectus relating to the ETN.

LIMITED PARTNERSHIPS

             

GENERAL PARTNERSHIPS

                       

Ticker

Company

Target

Weight

Ticker

Company

Target

Weight

EPD Enterprise Products Partners 8.0% ENB Enbridge Inc. 4.0%
ETP Energy Transfer Partners LP 8.0% ETE Energy Transfer Equity LP 4.0%
KMP Kinder Morgan Energy Partners 8.0% KMI Kinder Morgan Inc. 4.0%
PAA Plains All American Pipeline LP 8.0% OKE Oneok Inc. 4.0%
MMP Magellan Midstream Partners 7.7% SE Spectra Energy Corp. 4.0%

 

 

 

TRP

Transcanada Corp.

4.0%

 

 

 

WMB

Williams Cos Inc.

4.0%

 

The Atlantic Trust Select MLP Index is designed to provide exposure to a basket of midstream US and Canadian master limited partnerships, limited liability companies and corporations (collectively, the “Index Constituents”) that trade on major US exchanges, are classified in the GICS ® Energy Sector or GICS ® Gas Utilities Industry according to the Global Industry Classification Standard ® (“GICS”) and meet certain eligibility criteria. The Index Constituents are selected for inclusion in the Index using the Atlantic Trust Select Master Limited Partnership Strategy (the “Strategy”) developed by Stein Roe Investment Counsel Inc. (the “Index Selection Agent”), an affiliated registered investment advisor of Atlantic Trust. The Strategy dynamically selects a basket of up to 100 Index Constituents based on certain eligibility criteria including their long-term credit rating, the portion of their earnings originating from mid-stream operations and their size as measured by free-float market capitalization and average daily trading value. The Index Selection Agent provides the Index Constituents selected by the Strategy to Barclays Bank PLC (the “Index Sponsor”).

About Barclays

Barclays moves, lends, invests and protects money for customers and clients worldwide. With over 300 years of history and expertise in banking, we operate in over 50 countries and employ over 140,000 people. We provide large corporate, government and institutional clients with a full spectrum of solutions to their strategic advisory, financing and risk management needs. Our clients also benefit from access to the breadth of expertise across Barclays. We’re one of the largest financial services providers in the world, and are also engaged in retail banking, credit cards, corporate banking, and wealth and investment management. Barclays offers premier investment banking products and services to its clients through Barclays Bank PLC. For more information, visit www.barclays.com. (Source: Barclays)

About Atlantic Trust

Atlantic Trust is one of the nation's leading private wealth management firms, offering integrated wealth management for high net worth individuals, families, foundations and endowments. The firm considers clients' financial, trust, estate planning and philanthropic needs in developing customized asset allocation and investment management solutions. Experienced professionals deliver a broad range of solutions, including proprietary investment offerings and a robust open architecture platform of traditional and alternative managers. Atlantic Trust operates in 12 full-service locations throughout the U.S. With $20.3 billion in assets under management (as of Dec. 31, 2012), Atlantic Trust is the private wealth management division of Invesco Ltd. (NYSE: IVZ). For more information, visit www.atlantictrust.com. (Source: Atlantic Trust)

About Invesco Ltd.

Invesco Ltd. is a leading independent global investment management firm, dedicated to helping investors worldwide achieve their financial objectives. By delivering the combined power of our distinctive investment management capabilities, Invesco provides a wide range of investment strategies and vehicles to our retail, institutional and high net worth clients around the world. Operating in more than 20 countries, the firm is listed on the New York Stock Exchange under the symbol IVZ. Additional information is available at www.invesco.com. (Source: Atlantic Trust)

Selected Risk Considerations

An investment in any ETNs linked to the Atlantic Trust Select MLP Index (the “ETNs”) involves risks. Selected risks are summarized here, but we urge you to read the more detailed explanation of risks described under “Risk Factors” in the applicable prospectus supplement and pricing supplement.

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