UBS ETRACS Monthly 2x Leveraged ISE Cloud Computing TR Index ETN (LSKY) - NYSEARCA
LSKY is defunct since June 5, 2013. Lack of investor interest
LSKY Description
The ETRACS Monthly 2xLeveraged ISE Cloud Computing TR Index ETN (the ""ETN"") provides exposure to the monthly compounded two times leveraged performance of the ISE Cloud Computing™ Total Return Index (the ""Index""), reduced by accrued tracking fees and accrued financing charges (collectively the ""Accrued Fees""). The Index was created as a performance benchmark for companies in the cloud computing technology market, and is a total return index that uses a market capitalization weighted allocation across pure play, non pure play and technology conglomerate categories, as well as an equal weighted allocation methodology for all constituents within each such category. Index constituents are reviewed semi-annually for eligibility and their weights are re-set according to the foregoing target weightings.
See more details on sponsor's website
Sector: Technology
Country: United States
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