UBS ETRACS Fisher-Gartman Risk Off ETN (OFF) - NYSEARCA
OFF is defunct since May 8, 2014. Forced early redemption due to lack of investor interest
OFF Description
"ETRACS Fisher-Gartman Risk Off ETN (the ""Risk Off ETN""; Ticker: OFF) is an exchange-traded note whose effective exposure is long ""risk off"" instruments and short ""risk on"" instruments due to its daily short (inverse) exposure to The Fisher-Gartman Risk Index (the ""Index""), reduced by an investor fee. The value-based target weightings for the long and short positions are 150% and 50%, respectively, and the Index is rebalanced quarterly to return the weightings to these target levels. "
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