UBS E-TRACS UBS Bloomberg CMCI Livestock TR ETN (UBC)

Fund Description

The investment seeks to track the price and performance yield, before fees and expenses, of the UBS Bloomberg CMCI Livestock Total Return index. The fund is designed to be representative of the entire liquid forward curve of each commodity. The index measures the collateralized returns from a basket of livestock future contracts. It is comprised of the two livestock futures contracts included in the CMCI two five different target maturities for each individual commodity.