NYSEARCA:MORL
Delisted
UBS ETRACS Mthly Py 2xLvg Mortg REIT ETN ETF Company Profile
$0.239
+0 (+0%)
At Close: Sep 04, 2020
Information
NA
Description
The investment seeks to link to the Market Vectors® Global Mortgage REITs Index. The index tracks the overall performance of publicly-traded mortgage REITs that derive at least 50% of their revenues from mortgage-related activities. The Securities are senior unsecured debt securities issued by UBS AG (UBS). The Securities provide a monthly compounded two times leveraged long exposure to the performance of the Index, reduced by the Accrued Fees.