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Article: UBS Announces New Commodity ETN linked to the Dow Jones UBS Commodity Index.
- Article from:
- Investment Weekly News
- Article date:
- November 14, 2009
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UBS Investment Bank announced that it has expanded its UBS E-TRACS Exchange Traded Notes (ETNs) platform by adding a new ETN linked to the Dow Jones-UBS Commodity Index. The new note called UBS E-TRACS Dow Jones-UBS Commodity Index Total Return (DJ-UBSCI TR) began trading today on NYSE Arca under the ticker symbol, DJCI.
The DJ-UBSCI TR is UBS's first ETN linked to the Dow-Jones UBS Commodity Index, which UBS purchased from AIG in May 2009. The DJ-UBSCI TR measures collateralized returns from a diversified basket of 19 commodity futures contracts from sectors spanning energy, precious metals, industrial metals, grains and livestock.
"This new note linked ...