UBS ETRACS - ProShares Daily 3x Long Crude 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
12/11/2019 | 12:27 pm
USD 12.22

Current Spot Price USD 12.28
12/11/2019 | 12:42 pm

Index Profile

Underlying Index	Bloomberg WTI Crude Oil Subindex ER
Ticker symbol	BCOMCL
CUSIP	--

About the index

The Index is an excess return index that comprises 1 to 3 month exchange-traded futures contracts on a single commodity (West Texas Intermediate crude oil) and is a subindex of the Bloomberg Commodity Index (Bloomberg: BCOM) and a member of the Bloomberg Commodity Indices family. The Index is designed to measure the returns that are potentially available through an unleveraged investment in rolling West Texas Intermediate crude oil futures contracts traded on major commodity exchanges. The futures contracts are never taken to delivery, and are instead rolled forward into replacement contract every other month. The performance of the Index is primarily determined by the timing of the roll and the relative price movements of the incoming contract and the outgoing contract. The WTI crude oil futures contracts tracked by the Index roll approximately every other month to the contract that is two months longer in maturity. The Index provides investors with a benchmark for rolling futures contracts in this single commodity. The Index was created in February 2006 and has no performance history prior to that date.

Index Historical Returns

Name	1 Month	3 Months	6 Months	1 Year	3 Years
Bloomberg WTI Crude Oil Subindex ER	2.73%	2.89%	8.98%	9.09%	5.41%

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 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.

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:

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