UBS ETRACS CMCI Total Return ETN

Frequently Asked Questions About UCI

What does UCI invest in?

The investment seeks to track the price and performance yield, before fees and expenses, of the UBS Bloomberg Constant Maturity Commodity index. The fund is designed to be a diversified benchmark for commodities as an asset class. The index is comprised of 28 futures contracts with up to five different maturities for each individual commodity.

What is the expense ratio of UCI?

UBS ETRACS CMCI Total Return ETN (UCI) charges an expense ratio of 0.55%. This is the annual fee deducted from fund assets to cover management and operations.

How big is UCI?

UBS ETRACS CMCI Total Return ETN (UCI) manages $7.6M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is UCI actively managed or an index fund?

UCI is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (UCI's is 0.55%) because there's no security selection cost.

When was UCI launched?

UBS ETRACS CMCI Total Return ETN (UCI) launched in January 2009 and is managed by UBS.

How has UCI performed?

UCI's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.