How do MacroShares investors earn their income distributions?
Net income is calculated from the interest earned on the short-term investments held in the MacroShares trusts, net of trust expenses. Several factors will impact distribution amounts (if any), including interest rate movements and changes to the reference index price. Income is accrued daily based on the underlying value of each trust, with any payments made quarterly. Unlike other exchange-traded products, MacroShares are collateralized by short-term U.S. Treasuries, and the income generated by these securities defrays trust expenses and can produce quarterly distributions payable to you, the investor.
