UBS E-TRACS CMCI Silver Total Return ETN Stock Quote & Summary Data
(ETF)
*Delayed - data as of May 22, 2013
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Description:The UBS E-TRACS CMCI Silver Total Return ETN seeks investment results, before fees and expenses, that correspond to the UBS Bloomberg CMCI Silver Total Return Index. The Index is a sub-index of the UBS Bloomberg Constant Maturity Commodity Index ("CMCI") and measures the collateralized returns from a basket of silver futures contracts. It is designed to be representative of the entire liquid forward curve of the silver contracts. The Index, which is rebalanced monthly, is comprised of the silver futures contracts included in the CMCI with five target maturities. The overall return on the Index is generated by two components: (i) uncollateralized returns on the silver futures contracts comprising the Index and (ii) a daily fixed-income return, which reflects the interest earned on a hypothetical 91-day Treasury Bill portfolio theoretically deposited as margin for hypothetical positions in the futures contracts comprising the Index.
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