Name of ETN: UBS ETRACS 1X Monthly Short Alerian MLP Infrastructure Total Return ETN
Benchmark Index: Alerian MLP Infrastructure Total Return Index
Ticker Symbol: MLPS
Approximate Number of MLPs: 25
Types of Companies Included: Large and mid-sized oil & gas midstream master limited partnerships (MLPs).
Short ETN: This ETN attempts to produce investment results in the opposite direction of the index. If the Alerian MLP Infrastructure Total Return Index goes up, the ETN is designed to go down. If the Alerian MLP Infrastructure Total Return Index goes down, the ETN is designed to go up.
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