ETRACS 2xMonthly Leveraged S&P MLP Index ETN Series B

An intraday "indicative value" is used to measure the intrinsic value of each ETN and is for reference purposes only. Note: The market price (the actual trading price) of ETNs may be different from their indicative value.
Current Indicative Value
12/11/2019 | 11:57 am
USD 23.54

Current Spot Price USD 23.50
12/11/2019 | 12:11 pm

Index Profile

Underlying Index	S&P MLP Index
Ticker symbol	SPMLP
CUSIP	--

About the index

The S&P MLP Index provides investors with exposure to certain partnerships that trade on the NYSE and NASDAQ. The index includes both master limited partnerships (MLPs) and publicly traded limited liability companies (LLCs). The Index was created on Sept 6, 2007 and therefore, has no performance history prior to that date.

Index Historical Returns

Name	1 Month	3 Months	6 Months	1 Year	3 Years
S&P MLP Index	-0.14%	-9.73%	-13.02%	-10.62%	-26.43%

Source: UBS Investment Bank, publicly available data.

Historical information presented is furnished as a matter of information only. Historical performance of the Index is not an indication of future performance. Future performance of the Index may differ significantly from historical performance, either positively or negatively.

*Historical Returns for the ETN are calculated on the basis of intraday indicative value.

Index Historical Returns presented are based on intraday levels.

The ETRACS ETNs are subject to investor fees. As a result, the return on the ETNs will always be lower than the total return on a direct investment in the Index or the Index constituents.

Constituent Weightings

Name	Ticker symbol	% Weight
Other	NA	41.51
Enterprise Products Partners LP	EPD	14.78
Energy Transfer Equity LP	ETE	11.25
Energy Transfer Partners LP	ETP	8.08
Magellan Midstream Partners LP	MMP	6.43
PLAINS ALL AMERICAN PIPELINE LP	PAA	6.19
Williams Partners LP	WPZ	4.54
MarkWest Energy Partners LP	MWE	3.61
Buckeye Partners LP	BPL	3.61

Source: Standard and Poors, June 30, 2015 (Top 8 of 79 components)

Constituent Weightings

Important legal information specific to ETRACS ETNs.

UBS AG has filed a registration statement (including a prospectus and supplements thereto) with the Securities and Exchange Commission, or SEC, for the offerings of securities to which this communication relates. Before you invest, you should read the applicable prospectus, pricing or product supplement, dated as of various dates, and the prospectus dated April 29, 2016 to understand fully the terms of the securities and other considerations that are important in making a decision about investing in the ETRACS. The applicable offering document for each ETRACS may be obtained by clicking on the ticker symbol of each ETRACS identified above or as otherwise indicated. You may also get these documents without cost by visiting EDGAR on the SEC website at www.sec.gov. The securities related to the offerings are not deposit liabilities and are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency of the United States, Switzerland or any other jurisdiction.

Disclaimer Business continuity (pdf)

Important legal and regulatory information:

The products, services, information and/or materials contained within these web pages may not be available for residents of certain jurisdictions. Please consult the sales restrictions relating to the products or services in question for further information. Activities with respect to US securities are conducted through UBS Securities LLC, a US broker dealer. Member of SIPC

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