VelocityShares 1X Daily Inverse VSTOXX Futures ETN

VelocityShares 1X Daily Inverse VSTOXX Futures ETN is an exchange traded note launched by UBS AG, London Branch. The note seeks to replicate the performance of the VSTOXX Short-Term Futures Inverse Investable Index. The index comprises of public equity markets of the Euro zone. It represents short positions and comprises of derivatives such as futures to represents the stocks of companies operating across diversified sectors. The index comprises of volatile stocks of large-cap companies. The ETN will mature on May 3, 2047. VelocityShares 1X Daily Inverse VSTOXX Futures ETN was formed on May 2, 2017 and is domiciled in Switzerland.