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.
Frequently asked questions
What is the UBS ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (MORL) expense ratio?
The UBS ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN funds expense ratio is 0.4%.
What is UBS ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (MORL) current stock price?
As of the latest data, UBS ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN stock price is $0.24, with a previous close of $0.25. UBS ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN lost -$0.01 in the last trading session, representing a -4.4% loss.