UBS E-TRACS UBS Bloomberg CMCI Energy TR ETN (UBN)

Fund Description

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