Listed May 03, 2017
The VelocityShares 1x Long VSTOXX Futures ETNs are linked to the VSTOXX Short-Term Futures Investable Index. The Long Investable Index replicates the performance of a long position in [constant-maturity one-month forward, one-month implied volatilities on the underlying EURO STOXX 50 Index] taking into account the bid-ask spread in the roll procedure, which will reduce the value of the Long Securities.
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UBS AG is a Swiss bank and the parent company of the UBS AG Group. It is 100% owned by UBS Group AG, which is the holding company of the UBS Group. UBS Group operates as a group with five business divisions (Wealth Management, Wealth Management Americas, Personal & Corporate Banking, Asset Management and the Investment Bank) and a Corporate Center.