UBS Investment Bank today declared coupon installments for 5 ETRACS Exchange Traded Notes (the “ETNs”), all exchanged on the NYSE Arca.
- The table above gives a hyperlink to the application outline and enhancements thereto for every one of our ETRACS ETNs, which are recognized by their names. For more data on each ETRACS ETN, see “Rundown of ETNs”.
Current Yield (annualized)” approaches the current Coupon Amount and the two quickly going before Coupon Amounts, increased by four (to annualize such coupons), partitioned by the end Current Indicative Value of the ETN on its present Coupon Valuation Date adjusted to two decimal spots for simplicity of investigation. The Current Yield isn’t demonstrative of future coupon installments, assuming any, on the ETN. You have not ensured any coupon or circulation sum under the ETN.
Note: HDLB, SMHB, and PFFL pay a variable month to month coupon connected to multiple times the money circulations, assuming any, on the separate basic list constituents, fewer retention charges, assuming any. CEFD and MVRL pay a variable month to month coupon connected to 1.5 occasions the money disseminations, assuming any, on the particular hidden list constituents, fewer retention charges, assuming any. Varieties in the measure of month to month disseminations will prompt enormous varieties in the Current Yield as determined previously. Thusly, the Current Yield for each isn’t characteristic of future coupon installments, assuming any, on these ETNs.
ETRACS ETNs are senior unstable notes gave by UBS AG, are exchanged on NYSE Arca, and can be purchased and sold through a dealer or monetary guide. An interest in ETRACS ETNs is dependent upon various dangers, including the danger of loss of a few or the entirety of the financial backer’s head, and is dependent upon the reliability of UBS AG. Financial backers are not ensured any coupon or conveyance sum under the ETNs. We encourage you to peruse the more point by point clarification of dangers portrayed under “Hazard Factors” in the material plan supplement for the ETRACS ETN.
UBS AG has recorded an enrollment articulation (counting a plan and enhancements thereto) with the Securities and Exchange Commission, or SEC, for the contributions of protections to which this correspondence relates. Before you contribute, you should peruse the outline, alongside the material plan supplement to see completely the provisions of the protections and different contemplations that are significant in settling on a choice about putting resources into the ETRACS. The material contribution report for each ETRACS might be acquired by tapping on the name of each ETRACS distinguished previously. You may likewise get these reports without cost by visiting EDGAR on the SEC site at www.sec.gov. The protections identified with the contributions are not stored liabilities and are not safeguarded or ensured by the Federal Deposit Insurance Corporation or some other legislative organization of the United States, Switzerland, or some other locale.
UBS gives monetary guidance and answers for rich, institutional and corporate customers around the world, just as private customers in Switzerland. UBS is the biggest genuinely worldwide abundance supervisor, and the main individual and corporate bank in Switzerland, with a huge scope and differentiated worldwide resource administrator and an engaged venture bank. The bank centers around organizations that have a solid cutthroat situation in their designated markets, are capital proficient and have an alluring long haul primary development or benefit viewpoint.
UBS is available in all major monetary focuses around the world. It has workplaces in excess of 50 locales and areas, with about 30% of its representatives working in the Americas, 30% in Switzerland, 19% in the remainder of Europe, the Middle East, and Africa, and 21% in Asia Pacific. UBS Group AG utilizes in excess of 72,000 individuals all throughout the planet. Its offers are recorded on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).
This material is given by UBS AG and additionally any of its auxiliaries as well as any of its members (“UBS”). Items and administrations referenced in this material may not be accessible for inhabitants of specific purviews. Past execution isn’t really characteristic of future outcomes. If it’s not too much trouble, counsel the limitations identifying with the item or administration being referred to for additional data. Exercises regarding US protections are directed through UBS Securities LLC, a US agent/vendor. An individual from SIPC (http://www.sipc.org/).
ETRACS ETNs are sold uniquely related to the applicable contribution materials. UBS has documented an enlistment proclamation (counting an outline, as enhanced by the appropriate plan supplement, for the contribution of the ETRACS ETNs) with the Securities and Exchange Commission (the “SEC”) for the contribution to which this correspondence relates. Before you contribute, you should peruse these records and whatever other reports that UBS has documented with the SEC for more complete data about UBS and the contribution to which this correspondence relates. You might get these archives for nothing by visiting EDGAR on the SEC site at www.sec.gov. Then again, you can demand the outline and appropriate plan supplement, by calling complementary (+1-877-387 2275). In the US, protections guaranteeing, exchanging and financier exercises and M&A counselor exercises are given by UBS Securities LLC, an enrolled agent/seller that is a completely possessed auxiliary of UBS AG, an individual from the New York Stock Exchange and other chief trades, and an individual from SIPC. UBS Financial Services Inc. is an enlisted intermediary/seller and associate of UBS Securities LLC.
The monetary instrument isn’t supported, advanced, sold, or upheld in some other way by Solactive AG nor does Solactive AG offer any express or certain assurance or confirmation either concerning the consequences of utilizing the Index and additionally Index exchange mark or the Index Price whenever or in some other regard.
The S-Network Composite Closed-End Fund Index is a help characteristic of S-Network Global Indexes, Inc. (“S-Network”) and its utilization is conceded under a permit from S-Network. S-Network doesn’t ensure the exactness and additional fulfillment of the S-Network Composite Closed-End Fund Index or any information included in that, and S-Network will have no responsibility for any blunders, oversights, interferences, or deformities in that. S-Network makes no guarantee, express or inferred, portrayals or guarantees, as to results to be gotten by UBS AG, or some other individual or element from the utilization of the S-Network Composite Closed-End Fund Index or any information included in that. S-Network makes no express or inferred guarantees, portrayals or guarantees, in regards to the innovation, merchantability, reasonableness, non-encroachment, or readiness for a specific reason or use as for the S-Network Composite Closed-End Fund Index or any information included in that. Without restricting any of the previous, on no occasion will S-Network have any risk for any immediate, aberrant, uncommon, coincidental, corrective, important, or different harms (counting lost benefits), regardless of whether told of the chance of such harms.
The ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT (“ETN”) isn’t supported, embraced, sold, or advanced by Market Vectors Index Solutions GmbH (“Licensor”) and Licensor makes no portrayal or guarantee, express or suggested, to the proprietors of the ETN or any individual from people in general with respect to the fitness of putting resources into protections by and large or in the ETN especially or the capacity of the Market Vectors® US Mortgage REITs Index to follow the presentation of the US contract REIT market. The ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT (“ETN”) isn’t supported, embraced, sold, or advanced by Market Vectors Index Solutions GmbH (“Licensor”) and Licensor makes no portrayal or guarantee, express or inferred, to the proprietors of the ETN or any individual from general society with respect to the prudence of putting resources into protections by and large or in the ETN especially or the capacity of the Market Vectors® US Mortgage REITs Index to follow the presentation of the US contract REIT market.
UBS explicitly forbids the rearrangement or generation of this correspondence in entire or to a limited extent without the earlier composed authorization of UBS and UBS acknowledges no obligation at all for the activities of outsiders in this regard.