UBS Investment Bank will allow daily, instead of weekly, redemption for holders of five of its UBS E-Tracs that wish to exercise their right of early redemption.
The five E-Tracs are: E-Tracs linked to the Alerian MLP Infrastructure Index due 2 April 2040; E-Tracs linked to Alerian Natural Gas MLP Index due 9 July 2040; 2xMonthly Leveraged Long E-Tracs linked to the Alerian MLP Infrastructure Index due 9 July 2040; 1xMonthly Short E-Tracs linked to the Alerian MLP Infrastructure Total Return Index due 1 October 2040; and E-Tracs linked to the Wells Fargo MLP Index due 29 October 2040.