CMCI Livestock TR
UBS E-TRACS CMCI Livestock Total Return is designed to track the performance of the UBS Bloomberg CMCI Livestock Index Total Return, less investor fees. The CMCI Livestock TR measures the collateralized returns from a basket of futures contracts representing the livestock sector. The commodity futures contracts are diversified across two constant maturities of three months and six months.
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Product profile
Product Name |
E-TRACS CMCI Livestock Total Return |
Underlying Product |
UBS Bloomberg CMCI Livestock Total Return |
Issuer |
UBS AG |
Ticker Symbol |
UBC |
CUSIP |
902641828 |
Primary Exchange |
NYSE Arca |
Initial Trade Date |
April 01, 2008 |
Maturity Date |
April 05, 2038 |
Yearly Fee (%) |
0.65% |
Market data
Closing Price |
27.12 |
Volume |
180 |
Net Change |
0.00 |
20 Day Volume Average |
2,969.00 |
% Change |
0.00 |
Shares Outstanding |
435,000 |
High (52 week) |
29.30 |
Market Cap |
11,787,330.00 |
Low (52 week) |
25.71 |
Daily Indicative Value |
26.84 |
Updated on: August 19, 2008 |
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Returns
Total Return |
Annualized Return |
Annual Volatility |
Sharpe Ratio |
|
CMCI Livestock Total Return |
70.56% |
5.22% |
12.94% |
0.14% |
S&P GSCI Livestock Total Return |
-16.70% |
-1.73% |
14.26% |
-0.36% |
DJAIG Livestock Total Return |
-24.51% |
-2.65% |
15.12% |
-0.40% |
Pro forma and historical results for the period from January 5, 1998 through June 30, 2008.
Source: UBS Investment Bank, publicly available data. Historical information presented is as of June 30, 2008 and 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 different significantly from historical performance, either positively or negatively.
UBS Bloomberg CMCI Livestock TR - Index Composition
Live Cattle |
57.13% |
Lean Hogs |
42.87% |
Total |
100.00% |
Updated on: June 30, 2008 | |
Source: UBS Investment Bank, CMCI Advisory Committee.
Sector weightings
Source: UBS Investment Bank, CMCI Advisory Committee.
Index comparisons
Source: UBS Investment Bank, CMCI Advisory Committee.
The graph below illustrates the performance of the Index from January 5, 1998 through June 30, 2008 in comparison with two traditional commodities indices: the S&P Goldman Sachs Commodity Index (GSCI®) Livestock Index Total Return and Dow Jones-AIG Livestock Total Return Sub-IndexSM. The data for the CMCI Agriculture Total Return for the periods prior to January 2007 is derived by using the Index's calculation methodology with historical prices.
Maturity weights
Source: UBS Investment Bank, CMCI Advisory Committee.
Weights across maturities are determined based on the relative liquidity of the underlying futures contracts.
