FEDL
UBS AG, London Branch
FEDL
53,40
0,04 Bil. AUM
1,0% Expense Ratio
40,43 NAV
UBS AG, London Branch Profile
About UBS AG, London Branch
FEDL provides 2x leveraged exposure to the compounded quarterly performance of an index that invests in large-cap US securities that the issuer believes is best positioned to benefit from the current monetary landscape. The index will use a proprietary methodology to classify the prevailing monetary environment as expansive, restrictive, or indeterminate. The 500 largest NYSE-listed stocks are then scored by several fundamental metrics, based on their potential to benefit from the current environment, where 75 of the best scoring stocks are selected for inclusion. The selected stocks are also weighted using their score with additional factors like liquidity, individual stock, and sector weights. The index is rebalanced when the prevailing monetary environment changes. Note: As a leveraged ETN, DEFL should only be held as a short-term trading tool and carries the credit risk of the issuer.
- Company
- Holdings
- 0
- CUSIP
- 90278V750
UBS AG, London Branch Sectors
Industry | Percentage |
---|