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    UBS ETRACS Mthly Py 2xLvg Mortg REIT ETN (MORL)

    -NYSEArca
    21.08 0.33(1.54%) Dec 24, 1:00PM EST
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    UBS ETRACS Mthly Py 2xLvg Mortg REIT ETN


    Details 
    Index Membership:N/A
    Sector:N/A
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    Full Time Employees:N/A

    Business Summary 

    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.