ETRACS Monthly Pay 2xLeveraged Dow Jones Select Dividend ETN

ETRACS Monthly Pay 2xLeveraged Dow Jones Select Dividend ETN is an exchange traded note launched by UBS AG, London Branch. The note seeks to track twice the monthly performance of the Dow Jones U.S. Select Dividend Index. The Index represents the public equity markets of the United States. It comprises of companies operating across diversified sectors. The Index comprises of dividend paying stocks of companies across all market capitalizations. The ETN will mature on May 22, 2042. ETRACS Monthly Pay 2xLeveraged Dow Jones Select Dividend ETN was formed on May 22, 2012 and is domiciled in Switzerland.