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Investment Banking & Investment Services
Financial
ETN
ETRACS 2xLeveraged Long Wells Fargo Business Development Company is an exchange traded note launched by UBS AG, London Branch. The note seeks to track twice the monthly performance of the Wells Fargo Business Development Company Index. The Index represents the public equity markets of the United States. It comprises of long positions and represents the stocks of business development companies. The index represents the stocks of companies across all market capitalizations. The ETN will mature on May 24, 2041. ETRACS 2xLeveraged Long Wells Fargo Business Development Company was formed on May 24, 2011 and is domiciled in Switzerland.
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