Swiss firm UBS has launched two exchange-traded notes, Index Universe reports. The Etracs ISE SSD Index ETN offers single-exposure and the Etracs Monthly 2xLeveraged ISE SSD Index ETN double-exposure.

The ETNs are focused on solid-state computer disk drives, on the lines of the exposure scheme in the First Trust ISE Cloud Computing ETF. The both ETNs are benchmarked against the ISE Solid State Drive Index.

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