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UBS ETRACS CMCI Gold Total Return ETN due 4/5/2038
Ticker Symbol: UBG* CUSIP: 902641810 Exchange: NYSEA
* NOTE: This security is no longer trading as of 12/10/2020
Company's Online Profile
BUSINESS: UBS ETRACS CMCI Gold Total Return ETN due 4/5/2038 are senior unsecured debt securities issued by UBS AG who is offering and selling the Medium-Term Notes, Series A of Exchange Traded Access Securities (ETRACS). INVESTMENT OBJECTIVE: The UBS ETRACS CMCI Gold Total Return ETN is designed to track the performance of the UBS Bloomberg CMCI Gold Total Return, less investor fees. INDEX DESCRIPTION: The UBS Bloomberg CMCI Gold Total Return is a sub-index of the UBS Bloomberg Constant Maturity Commodity Index (CMCI) and measures the collateralized returns from a basket of gold futures contracts. It is designed to be representative of the entire liquid forward curve of the gold contracts. The Index, which is rebalanced monthly, is comprised of the gold futures contracts included in the CMCI with five target maturities. The Index is a Total Return Index. The overall return on the Index is generated by two components: (i) uncollateralized returns on the gold futures contracts comprising the Index and (ii) a daily fixed-income return, which reflects the interest earned on a hypothetical 91-day Treasury Bill portfolio theoretically deposited as margin for hypothetical positions in the futures contracts comprising the Index. RETURNS AND MATURITY: The return on the ETRACS ETNs, which may be positive or negative, is directly linked to the performance of the Index, which is based on a variety of market and economic factors, interest rates in the markets and economic, financial, political, regulatory, judicial or other events that affect the markets generally. The Maturity Date is April 5, 2038. On the Maturity Date, the Redemption Date or the Call Settlement Date, as the case may be, you will receive a cash payment per Security in an amount equal to: ($25.00 × Index Performance Ratio) minus the Fee Amount. REDEMPTION AND FEES: You may elect to require UBS to redeem your Securities, in whole or in part, prior to the Maturity Date on any Trading Day commencing on April 28, 2008 through and including the final Redemption Date, subject to a minimum redemption amount of at least 100,000 Securities. If you redeem your Securities, you will receive a cash payment equal to the Redemption Amount, which will be determined on the applicable Valuation Date and paid on the applicable Redemption Date. You must comply with the redemption procedures in order to redeem your Securities. Fee Amount is 0.30% per annum accrued on a daily basis. For Fee calculations and further information on this ETN click on the Link to IPO Prospectus.
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Notes: The entire class of this security was called for redemption, maturity or retirement on December 10, 2020
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IPO - 4/1/2008 -
Link to IPO Prospectus
Previous Name: UBS Bloomberg CMCI Gold Total Return due April 5, 2038
Micro Cap Stock -
Market Value $7.1 Million
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Company's Online Information Links
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| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Foreign Address and Phone Numbers |
| Address: Bahnhofstrasse 45, CH-8098, Zurich, Switzerland |
| Main Phone Number |
+41-44-234-1111 |
| Fax Number |
+41-44-234-3415 |
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Inv Rel Phone Number
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+41-44-234-4100 |
| Address and Phone Numbers |
| U.S. Representative |
USB NY |
| Address: 1285 Avenue of the Americas, New York, NY 10019 |
| Main Phone Number |
212-821-3000 |
| Fax Number |
212-713-1381 |
| Investor Contact
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800-722-7370
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| Toll Free Phone Number |
877-387-7370 |
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