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SMHD Stock, UBS AG London Branch FR SP ETRACS REDEEM 06/02/2045 USD 25 Information

Stock Information

Company Name: UBS AG London Branch FR SP ETRACS REDEEM 06/02/2045 USD 25
Stock Symbol: SMHD
Market: NYSE

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About UBS AG London Branch FR SP ETRACS REDEEM 06/02/2045 USD 25

The investment seeks to provides a monthly compounded two times leveraged longexposure to the performance of the index reduced by the accrued fees. The fund is a series of Monthly Pay 2xLeveraged Exchange Traded Access Securities ETRACS linked to the performance of the price return version of the Solactive US Small Cap High Dividend Index. The index is designed to measure the performance of 100 relatively small capitalization dividend yielding index constituent Securities selected from a universe of qualifying U.S. listed stocks. The index is designed to measure the performance of 100 relatively small capitalization, dividend yielding index constituent securities selected from a universe of qualifying U.S. listed equity securities. The Securities are two times leveraged with respect to the index and, as a result, will benefit from two times any beneficial, but will be exposed to two times any adverse, compounded monthly performance of the index.