Bringing you live news and features since 2006 

UBS ETRACS launches 2x leveraged S&P MLP Index ETN


UBS Investment Bank has launcehd a new exchange traded note (ETN) on the NYSE Arca – the ETRACS 2xMonthly Leveraged S&P MLP Index ETN (MLPV)

The new ETN is linked to the monthly compounded 2x leveraged performance of the S&P MLP Index and offers Investors:

• Monthly compounded 2x leveraged exposure to the S&P MLP Index, less investor fees.
• Significant income potential in the form of a variable quarterly coupon linked to 2x the cash distributions, if any, on the Index constituents.
• Leverage that is reset monthly, not daily.

“We are pleased to offer investors the opportunity to obtain leveraged exposure to the S&P MLP Index”, says Richard Cea (pictured) of UBS ETRACS. “We believe MLPV can provide meaningful income potential.”

The S&P MLP Index provides investors with exposure to the leading partnerships that trade on the NYSE and NASDAQ. The Index includes both master limited partnerships (MLPs) and publicly traded limited companies (LLCs). 

Latest News

European ETFs raised USD47.8 billion in Q1, a 15 per cent increase compared to the same period in 2023, according..
LSEG Lipper’s March report finds that globally equity ETFs (+EUR113.2 billion) enjoyed the highest estimated net inflows for the month,..
Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..

Related Articles

Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by