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UBS AG London Branch ZC SP ETRACS REDEEM 22/02/2046 USD 25 - Ser B
ByAnsh Chaudhary
The ETF Deathwatch decreased in size in April. Twenty exchange-traded products ("ETPs") were added to the list, and 34 funds were removed. Twenty-five of those funds were removed due to increased health and nine were due to asset managers closing their funds. That so many funds were removed from the Deathwatch in April was no surprise, considering how strong the major U.S. indexes performed for the month.
The funds added to the list in April were a mix of niche products, most of which were actively managed or hedged strategies. Three were