Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (24124)	12/26/2015 9:09:39 PM
From: JimisJim	Respond to of 34328

OK, we've discussed a lot of this before, so rather than relay the info, go read the BDCL prospectus yourself at: etracs.ubs.com when you get there, on the righthand side, click on BDCL and it will download and open a PDF file -- the first sentence in that is: "The 2×Leveraged Long Exchange Traded Access Securities (ETRACS) linked to the Wells Fargo® Business Development Company Index (the “Securities”) are *senior unsecured debt securities* issued by UBS AG (UBS) that provide *a monthly compounded two times leveraged long exposure to the performance of the Wells Fargo® Business Development Company Index (the “Index”),* *reduced by the Accrued Fees (as described below)."*