UBS ETRACS UBS Bloomberg Constant Maturity Commodity Index (CMCI) Total Return ETN

UBS ETRACS UBS Bloomberg Constant Maturity Commodity Index (CMCI) Total Return ETN Series B is a commodity-linked exchange-traded note designed to track a diversified benchmark of commodity futures across multiple sectors and maturities. The note provides exposure to energy, precious metals, industrial metals, agricultural products, and livestock through a rules-based index that uses constant-maturity futures positions rather than a single front-month contract. This structure is intended to reflect broad commodity market performance while reducing concentration in any one contract maturity. The ETN is issued by UBS and is used by market participants seeking a listed instrument that follows a broad commodities basket with a total return profile. It is part of the ETRACS product line and serves as a tradable vehicle for accessing commodity-market exposure in a single security.