This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration. Need a new registration confirmation email? Click here
UBS Investment Bank
today announced that the ETRACS team, Dennis Gartman and Mark Fisher will ring the Opening Bell of the NYSE this morning to mark the recent successful launches of the ETRACS Fisher-Gartman Risk On ETN (Ticker: ONN) and the ETRACS Fisher-Gartman Risk Off ETN (Ticker: OFF). The November 30
th, 2011 launch of ONN established an all-time, opening-day trading volume record for a new ETN*, highlighting investors’ interest in this ETN.
“With correlation between asset classes and across geographic regions remaining high, and continued volatility a very real possibility, investors recognize the value in being able to execute comprehensive ‘risk on’ or ‘risk off’ trades quickly and cheaply through these ETNs,” said Christopher Yeagley, Managing Director and US Head of Equity Structured Products.
Source: NYSEAbout ETRACS Risk ETNs
ONN and OFF are linked to the daily long and daily inverse performances, respectively, of The Fisher-Gartman Risk Index. These ETNs provide investors with the ability to implement comprehensive “risk on” and “risk off” trades with the convenience of exchange-traded securities.
For further information about ETRACS ETNs, go to
Exchange Traded Access Securities ETNs (“ETRACS ETNs”) are exchange-traded notes, an innovative class of investment products offering access to markets and strategies that may not be readily available to investors, and offer unique diversification opportunities in a number of different sectors. ETRACS ETNs may offer:
Access to asset classes with historically low correlations to more traditional asset classes
Convenience of an exchange-traded security
Transparent exposure to a published index
ETRACS ETNs are senior unsecured notes issued by UBS AG (“UBS”), 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. We urge you to read the more detailed explanation of risks described under “Risk Factors” in the prospectus supplement for the ETRACS ETN.
There are 41 ETRACS ETNs:
ETRACS ETN Name
Master Limited Partnerships
Alerian MLP Infrastructure
2x Monthly Leveraged Long Alerian MLP Infrastructure
1x Monthly Short Alerian MLP Infrastructure TR*
Alerian Natural Gas MLP
Wells Fargo MLP Index
Business Development Companies
Wells Fargo Business Development Company Index
2x Monthly Leveraged Wells Fargo Business Development Company Index