The UYG is long financials, no? IF "Djusfn Swaps" stands for Dow Jones Ultra Short Financials ( see top holdings <a href="http://moneycentral.msn.com/investor/partsub/funds/holdings.asp?ETF=true&Symbol=UYG" target="_blank">http://moneycentral.msn.com/investor/partsub/funds/holdings.asp?ETF=true&Symbol=UYG</a> ),then isn't there embedded insurance in the fund? Just wondering... I could certainly be guessing wrong on the DJusfn Swaps...