Symbols

IFED

ETRACS IFED Invest with the Fed TR Index ETN·NYSE

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Key Stats

Assets Under Management

51.29MUSD

Fund Flows (1Y)

-41.47MUSD

Dividend Yield

Discount/Premium to NAV

0.00%

Shares Outstanding

1.10M

Expense Ratio

0.45%

About ETRACS IFED Invest with the Fed TR Index ETN

Issuer

UBS

Brand

ETRACS

Home Page

https://etracs.ubs.com/product/detail/index/ussymbol/IFED

Inception Date

Sep 14, 2021

Structure

Exchange-Traded Note

Index Tracked

IFED Large-Cap US TR Equity Index

Management Style

Passive

Dividend Treatment

Distribution Tax Treatment

No distributions

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

UBS Asset Management (Americas) LLC

Distributor

IFED tracks a total return index that invests in large-cap US securities that the issuer believes is best positioned to benefit from the current monetary landscape. The index will use a proprietary methodology to classify the prevailing monetary environment as expansive, restrictive, or indeterminate. The 500 largest NYSE-listed stocks are then scored by several fundamental metrics, based on their potential to benefit from the current environment, where 75 of the best scoring stocks are selected for inclusion. The selected stocks are also weighted using their score with additional factors like liquidity, individual stock, and sector weights. The index is rebalanced when the prevailing monetary environment changes. Note: As an ETN, IFDL carries the credit risk of the issuer, UBS