Name of ETN: UBS ETRACS Monthly Pay 2x Leveraged Mortgage REIT ETN

Benchmark Index: Market Vectors Global Mortgage REITs Price Index

Ticker Symbol: MORL

Investing Instrument: Exchange Traded Note (ETN)

Focus: U.S. mortgage real estate investment trusts (REITs)

Daily Target: 2x

Leveraged ETN: This ETN is a leveraged ETN which means the ETN attempts to produce daily returns above the benchmark index results based on a multiplier. In the case of this ETN, the multiplier is 2x (200%). This means the ETN is seeking a daily target equal to 200% of the benchmark index.

Related Links:

UBS Website