UBS Launches Two New ETNs Linked to the IFED Large-Cap US Equity Index TR
September 20 2021 - 10:04AM
Business Wire
UBS Investment Bank today announced the recent listing of two
new ETNs linked to the IFED Large-Cap US Equity Index TR, which are
specified in the table below.
ETN Ticker
ETN Name
ETN CUSIP
Underlying Index Bloomberg
Ticker
IFED
ETRACS IFED Invest with the Fed TR Index
ETN
90278V768
IFEDLT
FEDL
ETRACS 2x Leveraged IFED Invest with the
Fed TR Index ETN
90278V750
IFEDLT
About the IFED Large-Cap US Equity Index Total Return
The IFED Large-Cap US Equity Index Total Return (the “Index”) is
a composite of large-cap U.S. equities that is designed to maximize
exposure to those equities best positioned to benefit from the
prevailing monetary environment. The Index uses a combination of
Federal Reserve Board (the “Federal Reserve”) policy developments
and twelve stock specific metrics to select and weight stocks via a
transparent and rules-based active strategy. The Index Sponsor has
developed empirical research that presents support for the view
that, if measured properly, there is a significant and consistent
association between the Federal Reserve monetary policy shifts and
subsequent return on equities and other securities. The Index
was first disseminated publicly on June 8, 2020 and has no live
performance history prior to that date.
For more information on the ETNs: IFED: Prospectus Supplement
FEDL: Prospectus Supplement
About ETRACS
ETRACS ETNs are senior unsecured notes issued by UBS AG, are
traded on NYSE Arca, and can be bought and sold through a broker or
financial advisor. An investment in ETRACS ETNs is subject to a
number of risks, including the risk of loss of some or all of the
investor’s principal, and is subject to the creditworthiness of UBS
AG. Investors are not guaranteed any coupon or distribution amount
under the ETNs. We urge you to read the more detailed
explanation of risks described under “Risk Factors” in the
applicable prospectus supplement for the ETRACS ETN.
UBS AG has filed a registration statement (including a
prospectus and supplements thereto) with the Securities and
Exchange Commission, or SEC, for the offerings of securities to
which this communication relates. Before you invest, you should
read the prospectus, along with the applicable prospectus
supplement to understand fully the terms of the securities and
other considerations that are important in making a decision about
investing in the ETRACS ETNs. The applicable offering document for
each ETRACS ETN may be obtained by clicking the Prospectus
Supplement hyperlink above. You may also get these documents
without cost by visiting EDGAR on the SEC website at www.sec.gov.
The securities related to the offerings are not deposit liabilities
and are not insured or guaranteed by the Federal Deposit Insurance
Corporation or any other governmental agency of the United States,
Switzerland or any other jurisdiction.
About UBS
UBS provides financial advice and solutions to wealthy,
institutional and corporate clients worldwide, as well as private
clients in Switzerland. UBS's strategy is centered on our leading
global wealth management business and our premier universal bank in
Switzerland, enhanced by Asset Management and the Investment Bank.
The bank focuses on businesses that have a strong competitive
position in their targeted markets, are capital efficient, and have
an attractive long-term structural growth or profitability
outlook.
UBS is present in all major financial centers worldwide. It has
offices in more than 50 regions and locations, with about 30% of
its employees working in the Americas, 31% in Switzerland, 19% in
the rest of Europe, the Middle East and Africa and 20% in Asia
Pacific. UBS Group AG employs over 68,000 people around the world.
Its shares are listed on the SIX Swiss Exchange and the New York
Stock Exchange (NYSE).
This material is issued by UBS AG and/or any of its subsidiaries
and/or any of its affiliates ("UBS"). Products and services
mentioned in this material may not be available for residents of
certain jurisdictions. Past performance is not necessarily
indicative of future results. Please consult the restrictions
relating to the product or service in question for further
information. Activities with respect to US securities are conducted
through UBS Securities LLC, a US broker/dealer. Member of SIPC
(http://www.sipc.org/).
ETRACS ETNs are sold only in conjunction with the relevant
offering materials. UBS has filed a registration statement
(including a prospectus, as supplemented by the applicable
prospectus supplement, for the offering of the ETRACS ETNs) with
the Securities and Exchange Commission (the “SEC”) for the offering
to which this communication relates. Before you invest, you should
read these documents and any other documents that UBS has filed
with the SEC for more complete information about UBS and the
offering to which this communication relates. You may get these
documents for free by visiting EDGAR on the SEC website at
www.sec.gov. Alternatively, you can request the applicable
prospectus and prospectus supplement by calling toll-free
(+1-877-387 2275). In the US, securities underwriting, trading and
brokerage activities and M&A advisor activities are provided by
UBS Securities LLC, a registered broker/dealer that is a wholly
owned subsidiary of UBS AG, a member of the New York Stock Exchange
and other principal exchanges, and a member of SIPC. UBS Financial
Services Inc. is a registered broker/dealer and affiliate of UBS
Securities LLC.
Economic Index Associates, LLC (“EIA”) outsources the end-of-day
and real-time calculation of its IFEDTM indexes that serve as the
basis for investment products. Third party index calculators that
publish and distribute EIA indexes strive to the best of their
ability to ensure the correctness of the calculations. There is no
obligation for EIA—irrespective of possible obligations to
issuers—to advise third parties, including investors and/or
financial intermediaries, of any errors in any of the indexes that
are calculated on a real-time basis. The publication and
distribution of any IFEDTM indexes that are calculated on a
real-time basis and that serve as the basis for products licensed
by EIA are not intended as a recommendation for capital investment
and does not contain any assurance or opinion of EIA regarding a
possible investment in a financial instrument based on an
Index.
UBS specifically prohibits the redistribution or reproduction of
this material in whole or in part without the prior written
permission of UBS and UBS accepts no liability whatsoever for the
actions of third parties in this respect.
© UBS 2021. The key symbol, UBS and ETRACS are among the
registered and unregistered trademarks of UBS. Other marks may be
trademarks of their respective owners. All rights reserved.
1 Individual investors should instruct their
broker/advisor/custodian to call us or should call together with
their broker/advisor/custodian.
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Media contact Alison Keunen 1-212-713-2296
alison.keunen@ubs.com Institutional Investor contact1
+1-877-387 2275
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