ETRACS 2x Leveraged MSCI US Quality Factor TR ETN

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
01/31/2023 | 07:00 pm
USD 25.16

Current Spot Price USD 25.12
01/31/2023 | 04:10 pm

Index Profile

Underlying Index	MSCI USA Sector Neutral Quality GR USD Index
Ticker symbol	M2USSNQ

About the index

The MSCI USA Sector Neutral Quality GR USD Index aims to capture the performance of large- and mid-cap U.S. equities among the existing constituent securities of the MSCI USA Index that exhibit stronger quality characteristics relative to their peers within the same sector. The parent benchmark MSCI USA Index is designed to measure the performance of the large and mid-cap segments of the U.S. equity market. The Index is a total return index calculated by MSCI and reinvests regular cash distributions across the Index. The Index was publicly disseminated starting from December 14, 2014 and has no live performance history prior to that date.

Index Historical Returns

Name	1 Month	3 Months	6 Months	1 Year	3 Years
MSCI USA Sector Neutral Quality GR USD Index	--	--	--	--	--

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.

Index Historical Returns are calculated on the basis of intraday index levels or closing index levels where relevant.

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 prospectus, along with the applicable prospectus supplement, 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 prospectus supplement for each ETRACS may be viewed by clicking on the ticker symbol of each ETRACS identified above. You may also view any of 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

Important legal and regulatory information:

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