ETN profile

UBS ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (MORL)

ETN overview

This financial product is designed to track the returns of the Market Vectors Global Mortgage REITs Index. This underlying index measures the aggregate performance of publicly listed mortgage Real Estate Investment Trusts (REITs) that generate at least 50% of their revenue from activities related to mortgages. These instruments are senior unsecured debt obligations, issued by UBS AG. Investors in these securities receive two times (2x) magnified long exposure to the index's performance, compounded monthly, after the deduction of any accrued fees.

WebsiteN/A
CountryUnited States of America
ExchangeAMEX
Trades inUSD

Delisted · last close 4 May 2020

Current price
0.24 USD0.00%
Last close 4 May 2020
Benchmarks

Fund facts

Expense ratio
0.40%
Fund assets
236.79M USD (all share classes)
Issuer
UBS
Inception date
Oct 16, 2012

Historical returns do not guarantee future returns. This is not investment advice.

Delisted · last close 4 May 2020

UBS ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (MORL)

MORL · AMEX
0.24 USD0.00%
Benchmarks
Fund facts
Expense ratio
0.40%
Fund assets
236.79M USD (all share classes)
Issuer
UBS
Inception date
Oct 16, 2012
ETN overview

This financial product is designed to track the returns of the Market Vectors Global Mortgage REITs Index. This underlying index measures the aggregate performance of publicly listed mortgage Real Estate Investment Trusts (REITs) that generate at least 50% of their revenue from activities related to mortgages. These instruments are senior unsecured debt obligations, issued by UBS AG. Investors in these securities receive two times (2x) magnified long exposure to the index's performance, compounded monthly, after the deduction of any accrued fees.

CountryUnited States of America
Trades inUSD

Historical returns do not guarantee future returns. This is not investment advice.

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