VelocityShares Daily Long VIX Short-Term ETN

VelocityShares Daily Long VIX Short-Term ETN is an exchange traded note launched by Credit Suisse AG, Nassau Branch. The note seeks to track the daily performance of the S&P 500 VIX Short-Term Futures Index ER. The index represents the public equity markets of the United States. It comprises of long positions in short-term futures contracts on the CBOE Volatility Index. The index represents the stocks of companies operating across diversified sectors. It comprises of the volatile stocks of large-cap companies. The ETN will mature on December 4, 2030. VelocityShares Daily Long VIX Short-Term ETN was formed on November 29, 2010 and is domiciled in Switzerland.