ETRACS CMCI Total Return ETN Series B

Frequently Asked Questions About UCIB

What does UCIB invest in?

These ETN Series B are senior, unsecured debt obligations issued by UBS. The underlying index aims to serve as a comprehensive and diversified benchmark for the commodities asset class. It is constructed from futures contracts across 27 constituents, covering 24 distinct commodities, with up to five varying maturity dates for each. The overall return profile of the index is derived from two distinct elements: the uncollateralized returns generated by its constituent futures contracts, and a consistent daily fixed-income allocation.

What is the expense ratio of UCIB?

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

How big is UCIB?

ETRACS CMCI Total Return ETN Series B (UCIB) manages $23.9M 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 UCIB actively managed or an index fund?

UCIB's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was UCIB launched?

ETRACS CMCI Total Return ETN Series B (UCIB) launched in October 2015 and is managed by ETRACS.

How has UCIB performed?

UCIB'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.