The ETRACS DJ-UBS Commodity Index Total Return is designed to track the performance of the DJ-UBS Commodity Index Total ReturnSM (the "Index") less investor fees. The Index is designed to provide diversified commodity exposure with weightings based on each underlying commodity's liquidity and economic significance. The Index measures the collateralized returns from a basket of 19 commodity futures contracts representing the energy, precious metals, industrial metals, grains, softs and livestock sectors. In addition, the Index is rebalanced once a year to ensure that no commodity sector may constitute more than 33% of the Index as of the date of such rebalancing.
| Product Name | ETRACS DJ-UBS Commodity Index Total Return |
| Underlying Index | DJ-UBS Commodity Index Total ReturnSM |
| Issuer | UBS AG |
| Ticker Symbol | DJCI |
| CUSIP | 902641 679 |
| Primary Exchange | NYSE Arca |
| Initial Trade Date | October 28, 2009 |
| Initial Settlement Date | October 30, 2009 |
| Maturity Date | October 31, 2039 |
| Fee Amount (%)* | 0.50% per annum accrued on a daily basis |
* As of December 31, 2010. See 'Risk considerations' as well as the 'Important legal information specific to ETRACS ETNs' link below for more information
| Closing Price | 25.06 | Volume | 10,819 |
| Net Change | 0.13 | 20 Day Volume Average | 7,000.25 |
| % Change | 0.01 | Shares Outstanding | 2,698,680 |
| High (52 week) | 31.80 | Market Cap | 67,628,921.51 |
| Low (52 week) | 24.90 | Daily Indicative Value | 25.12 |
| Indicative Intra-Month Leverage Factor | 1.01 | ||
| Updated on: May 15, 2012 | |||
| Total return* | Annualized return* | 3 Month | 1 Year | 5 Years | |
|---|---|---|---|---|---|
| DJ-UBS Total Return | 153.95% | 7.79% | 16.76% | 16.83% | 1.18% |
| S&P GSCI® Total Return | 114.59% | 6.34% | 12.70% | 9.02% | -5.69% |
| Rogers Total Return | 289.64% | 11.57% | 15.99% | 19.01% | 3.37% |
*Since inception
Historical results for the period from July 31, 1998 through December 31, 2010
Source: UBS Investment Bank, publicly available data.
Historical information presented is as of December 31, 2010 and is furnished as a matter of information only. Historical performance of the Index is not an indication of future performance. Future performance of the Index may differ significantly from historical performance, either positively or negatively.
The ETRACS ETNs are subject to investor fees. As a result, the return on the ETNs will always be lower than the total return on a direct investment in the Index or the Index constituents.
| Natural Gas | 11.22% |
| Crude Oil | 14.71% |
| Unleaded Gasoline | 3.50% |
| Heating Oil | 3.58% |
| Live Cattle | 3.36% |
| Lean Hogs | 2.00% |
| Wheat | 4.61% |
| Corn | 6.98% |
| Soybeans | 7.86% |
| Soybean Oil | 2.94% |
| Aluminum | 5.20% |
| Copper | 7.54% |
| Zinc | 2.85% |
| Nickel | 2.25% |
| Gold | 10.45% |
| Silver | 3.29% |
| Sugar | 3.33% |
| Cotton | 2.00% |
| Coffee | 2.36% |
*Actual weightings will vary over the year due to market price fluctuations. Above data taken in December 31, 2010
Source: Dow Jones
Commodity sector target weights
Source: UBS Investment Bank as of January 2010
The graph above illustrates the historical returns of the Index from July 31, 1998 through December 31, 2010 in comparison with three other commodity indices: the UBS Bloomberg Constant Maturity Commodity Index (CMCI) Total Return, the S&P Goldman Sachs Commodity Index (GSCI®) Total Return, and the Rogers International Commodity Index® Total Return.
Historical performance of the Index is not an indication of future performance. Future performance of the Index may differ significantly from historical performance, either positively or negatively.
The ETRACS ETNs are subject to investor fees. As a result, the return on the ETNs will always be lower than the total return on a direct investment in the Index or the Index constituents.
An investment in the ETRACS ETNs involves risks. Selected risks are summarized here, but we urge you to read the more detailed explanation of risks described under "Risk Factors" beginning on page S-11 in the prospectus supplement for the ETRACS ETNs (the "ETRACS Prospectus"). Capitalized terms used below but not defined herein shall have the meanings attributed to them in the ETRACS Prospectus.
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Important legal information specific to ETRACS ETNs Important legal and regulatory information: |
UBS has filed a registration statement (including a prospectus, as supplemented by a prospectus supplement for each offering of the ETRACS ETNs) with the Securities and Exchange Commission (the "SEC") for the offerings to which this communication relates. Before you invest, you should read these documents and any other documents that UBS has filed with the SEC for more complete information about UBS and the offerings to which this communication relates. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, you can request the prospectus and any applicable prospectus supplement by calling toll-free (+1-877-387 2275).
Products and services in this web site may not be available for residents of certain jurisdictions. Please consult the restrictions relating to the product or service in question for further information. Activities with respect to US securities are conducted through UBS Securities LLC, a US broker dealer. Member of SIPC.
For information as to which entity provides the services in each jurisdiction, click here.
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