BDCL Stock, UBS AG London Branch FR SP E-TRACS REDEEM 24/05/2041 USD 25 Information

The investment seeks to replicate net of expenses twice the performance of the Wells Fargo Business Development Company Index. The index is a float adjusted capitalizationweighted index that is intended to measure the performance of all Business Development Companies BDC that are listed on the New York Stock Exchange or NASDAQ and satisfy specified market capitalization and other eligibility requirements. The BDC business model is to lend to small and midsized companies at high yield equivalent rates while also at times taking equity stakes in such companies.