Fund Description
The ETRACS IFED Invest with the Fed TR Index ETN is an Exchange Traded Note linked to the performance of the IFED Large-Cap US Equity Index Total Return, less tracking fees. The IFED Large-Cap US Equity Index Total Return is a composite of large-cap U.S. equities that is designed to maximize exposure to those equities best positioned to benefit from the prevailing monetary environment. The Underlying Index uses a combination of Federal Reserve Board (the Federal Reserve ) policy developments and twelve firm-specific metrics to select and weight stocks via a transparent and rules-based active strategy.
Fund Profile
Fund Name ETRACS IFED Invest with the Fed TR Index ETN
Fund Exchange Ticker IFED
Fund Sponsor UBS
Fund ISIN US90278V7689
Net Expense Ratio 0.45 %
Fund Inception Date 14 September 2021
Fund Legal Structure ETN
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific US Equities - Factor & Thematic
Asset Class Equities (Stocks)
Index Linked Passive
Index Name IFED Large-Cap US TR Equity Index
Index Provider Economic Index Associates, LLC
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Market Capitalization Range Large Cap
Growth Value Core / Blend
Continent North America
Key Statistics
Return As of Date 5 August 2022
Asset Under Management 55.56 Million (USD)
1 Month Total Return 8.10 %
Year To Date Return 0.90 %
1 Year Total Return
3 Year Annualized Total Return
NAV 27.78
Share Outstanding 2,000,000
Top 10 Holdings (Invalid date)
Constituent Name Constituent Ticker Constituent Type Weighting