ETN profile

UBS ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B (MRRL)

ETN overview

The UBS ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B, maturing on October 16, 2042, is designed to offer returns that correspond to the performance of the Market Vectors Global Mortgage REITs Index. This particular instrument belongs to the broader family of Monthly Pay 2xLeveraged ETRACS. The benchmark index monitors the collective performance of publicly-traded mortgage Real Estate Investment Trusts (REITs) that generate a minimum of 50% of their income from activities related to mortgages. These securities are issued by UBS AG as senior, unsecured debt obligations. Due to its two-times leverage structure relative to the index, the ETN is engineered to double both the upward and downward monthly compounded movements of the underlying index.

WebsiteN/A
CountryUnited States of America
ExchangeAMEX
Trades inUSD

Delisted · last close 4 May 2020

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

Fund facts

Expense ratio
0.40%
Fund assets
293.82M USD (all share classes)
Issuer
UBS
Inception date
Oct 9, 2015

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 Series B (MRRL)

MRRL · AMEX
0.21 USD0.00%
Benchmarks
Fund facts
Expense ratio
0.40%
Fund assets
293.82M USD (all share classes)
Issuer
UBS
Inception date
Oct 9, 2015
ETN overview

The UBS ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B, maturing on October 16, 2042, is designed to offer returns that correspond to the performance of the Market Vectors Global Mortgage REITs Index. This particular instrument belongs to the broader family of Monthly Pay 2xLeveraged ETRACS. The benchmark index monitors the collective performance of publicly-traded mortgage Real Estate Investment Trusts (REITs) that generate a minimum of 50% of their income from activities related to mortgages. These securities are issued by UBS AG as senior, unsecured debt obligations. Due to its two-times leverage structure relative to the index, the ETN is engineered to double both the upward and downward monthly compounded movements of the underlying index.

CountryUnited States of America
Trades inUSD

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

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