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UBS Adds ETN Linked To BDC Index

UBS Investment Bank has expanded its E-TRACS Exchange Traded Notes range.

UBS Investment Bank has expanded its E-TRACS Exchange Traded Notes (ETNs) range. The new E-TRACS are linked to the Wells Fargo Business Development Company (BDC) Index.

The index consists of 26 BDCs and is a float adjusted, capitalization-weighted index, which is designed to measure the performance of BDCs that are publicly listed. The E-TRACS commenced trading on NYSE Arca.

Click here for the release from UBS.

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