ETRACS Crude Oil Shares Covered Call ETNs due April 24, 2037

ETRACS Crude Oil Shares Covered Call ETNs due April 24, 2037 is an exchange traded note launched by UBS AG. The note seeks to track the performance of the Credit Suisse Nasdaq WTI Crude Oil FLOWS 106 Index. The index represents the commodity markets. It represents long positions and comprises of derivatives such as options on the shares of the United States Oil Fund which uses futures contract to invest in light, sweet crude oil. The ETN will mature on April 24, 2037. ETRACS Crude Oil Shares Covered Call ETNs due April 24, 2037 was formed on April 25, 2017 and is domiciled in Switzerland.