Question 1

Who is the provider of UBS ETC 2x Long Linked to the UBS Bloomberg CMCI Gold Index?

Accepted Answer

UBS ETC 2x Long Linked to the UBS Bloomberg CMCI Gold Index is offered by UBS, a leading player in the field of passive investments.

Question 2

What is the ISIN of UBS ETC 2x Long Linked to the UBS Bloomberg CMCI Gold Index?

Accepted Answer

The ISIN of UBS ETC 2x Long Linked to the UBS Bloomberg CMCI Gold Index is CH0102709042.

Question 3

What does leveraged daily exposure mean for UBS ETC 2x Long Linked to the UBS Bloomberg CMCI Gold Index?

Accepted Answer

UBS ETC 2x Long Linked to the UBS Bloomberg CMCI Gold Index aims to deliver 2 times the daily return of UBS (long). The leverage resets each trading day, so multi-day returns can differ materially from 2X the underlying's cumulative return.

Question 4

What is volatility decay and how does it affect UBS ETC 2x Long Linked to the UBS Bloomberg CMCI Gold Index?

Accepted Answer

Volatility decay (also called compounding drag) occurs because UBS ETC 2x Long Linked to the UBS Bloomberg CMCI Gold Index rebalances daily. In choppy, sideways markets the cumulative return can significantly trail 2X the underlying's period return — even if the underlying ends flat. The effect intensifies with higher leverage factors and longer holding periods.

Question 5

Is UBS ETC 2x Long Linked to the UBS Bloomberg CMCI Gold Index suitable for long-term buy-and-hold investing?

Accepted Answer

Leveraged ETFs like UBS ETC 2x Long Linked to the UBS Bloomberg CMCI Gold Index are designed for short-term, tactical trading — typically intraday or a few days. Holding them for weeks or months exposes investors to compounding risk and potential tracking deviation. Most issuers explicitly recommend against long-term holding.

Question 6

What is the underlying asset of UBS ETC 2x Long Linked to the UBS Bloomberg CMCI Gold Index?

Accepted Answer

UBS ETC 2x Long Linked to the UBS Bloomberg CMCI Gold Index provides 2X daily long exposure to UBS. When UBS moves +1% in a day, UBS ETC 2x Long Linked to the UBS Bloomberg CMCI Gold Index targets approximately 2% (before fees).

Question 7

What is the Total Expense Ratio (TER) of UBS ETC 2x Long Linked to the UBS Bloomberg CMCI Gold Index?

Accepted Answer

The total expense ratio of UBS ETC 2x Long Linked to the UBS Bloomberg CMCI Gold Index is 0.94%, which means that investors pay 94  per 10,000  in investment capital annually.

Question 8

What additional costs can European investors incur?

Accepted Answer

European investors may incur additional costs for currency exchange and transaction fees.

Question 9

Is UBS ETC 2x Long Linked to the UBS Bloomberg CMCI Gold Index UCITS-compliant?

Accepted Answer

No, UBS ETC 2x Long Linked to the UBS Bloomberg CMCI Gold Index does not comply with the EU UCITS investor protection directives.

Question 10

What index is replicated by UBS ETC 2x Long Linked to the UBS Bloomberg CMCI Gold Index?

Accepted Answer

UBS ETC 2x Long Linked to the UBS Bloomberg CMCI Gold Index tracks the performance of the UBS Bloomberg CMCI Gold USD Index.

Question 11

Where is UBS ETC 2x Long Linked to the UBS Bloomberg CMCI Gold Index domiciled?

Accepted Answer

UBS ETC 2x Long Linked to the UBS Bloomberg CMCI Gold Index is domiciled in CH.

Question 12

When was UBS ETC 2x Long Linked to the UBS Bloomberg CMCI Gold Index launched?

Accepted Answer

The fund was launched on 11/24/2009.

Question 13

In which segment does UBS ETC 2x Long Linked to the UBS Bloomberg CMCI Gold Index primarily invest?

Accepted Answer

The UBS ETC 2x Long Linked to the UBS Bloomberg CMCI Gold Index mainly invests in Gold companies.

Question 14

How can I invest in this ETF?

Accepted Answer

Investments can be made through brokers or financial institutions that provide access to trading ETFs.

Question 15

How is the ETF traded?

Accepted Answer

The ETF is traded on the stock exchange, similar to stocks.

Question 16

Can I hold the ETF in my portfolio?

Accepted Answer

Yes, the ETF can be held in a regular securities account.

Question 17

Is the ETF suitable for short-term or long-term investments?

Accepted Answer

The ETF is suitable for both short-term and long-term investment strategies, depending on the investor's goals.

Question 18

How often is the ETF valued?

Accepted Answer

The ETF is valued on a daily stock exchange basis.

Question 19

Are there dividends for this ETF?

Accepted Answer

Information on dividends should be requested from the provider's website or your broker.

Question 20

What are the risks associated with this ETF?

Accepted Answer

The risks include market fluctuations, currency risks, and the risk associated with smaller companies.

Question 21

How transparent is the ETF regarding its investments?

Accepted Answer

The ETF is obligated to report regularly and transparently on its investments.

Question 22

How can I track the current performance of the ETF?

Accepted Answer

The performance can be viewed on Eulerpool or directly on the provider's website.

Question 23

Where can I find more information about the ETF?

Accepted Answer

Further information can be found on the official website of the provider.

UBS ETC 2x Long Linked to the UBS Bloomberg CMCI Gold Index