UBS AG ETRACS Gold Shares Covered Call ETNs due February 2, 2033 (GLDI) NASDAQ
Currency In USD
AD
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AD
Currency In USD
Address
1285 Avenue of the Americas
New York, NY 10019
United States of America (the)
Phone
800-320-1225
Sector
Financial Services
Industry
Asset Management - Leveraged
Employees
N/A
First IPO Date
January 29, 2013
This index aims to replicate the returns of a "covered call" investment strategy applied to the shares of the SPDR Gold Trust (GLD). Its value reflects the price movements of the underlying GLD shares, combined with the theoretical income generated from selling monthly call options on those shares, all while accounting for simulated trading expenses inherent to such a strategy.