ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN

ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN is an exchange traded note launched by UBS AG, London Branch. The note seeks to track 2x the monthly performance of the Solactive Preferred Stock ETF Index. The index represents the fixed income markets of the United States. It comprises of the derivatives that represent the preferred securities. The ETN will mature on September 18, 2048. ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN was formed on September 25, 2018 and is domiciled in Switzerland.