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UBS E-TRACS Mon 2x Next Gen Internet ETN Message Board

  • smsanj smsanj Aug 10, 2011 3:42 PM Flag

    Any thoughts on this- Potential automatic acceleration??

    Potential automatic acceleration — In the event the indicative value of any series of the ETNs is equal to $5.00 or less on any Trading Day or decreases 60% from the closing indicative value on the previous Monthly Valuation Date, the ETNs will be automatically accelerated and mandatorily redeemed by UBS and you will receive a
    cash payment equal to the Acceleration Amount as determined during the Acceleration Measurement Period. The Acceleration Amount
    you receive on the Acceleration Settlement Date may be significantly less than $5.00 per ETN and may be zero if the level of the Index continues to decrease during trading on one or more Trading Days
    during the Acceleration Measurement Period as measured by the Index Performance Ratio on one or more Trading Days during the Acceleration Measurement Period.

 
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