01/18/2012 – UBS ETRACS Celebrates Launch of Risk ON ETN and Risk OFF ETN
12/16/2011 – MBF Index Holdings, LLC Announces Corporate Action
MBF Index Holdings, LLC announces that Semiconductor HOLDRS Trust (SMH) will be replaced by Select Sector SPDR-Technology (XLK) prior to the open of trading on Tuesday, December 20, 2011 in the Fisher-Gartman Equity Subindex.
11/30/2011 – ETRACS Introduces the Risk On ETN and the Risk Off ETN
Investors now have the ability to implement comprehensive “risk on” and “risk off” trades through the purchase of exchange-traded securities, ONN and OFF, respectively.
The Risk On ETN provides investors with the ability to implement a comprehensive “risk on” trade through the purchase of a single, exchange-traded security, ONN. The Risk On ETN provides long exposure to the daily performance of The Fisher-Gartman Risk Index (the “Index”).
The Risk Off ETN provides investors with the ability to implement a comprehensive “risk off” trade through the purchase of a single, exchange-traded security, OFF. Due to its daily short (inverse) exposure to the Index, the Risk Off ETN provides investors with effective long exposure to “risk off” instruments and short exposure to “risk on” instruments.
11/4/2011 — Today MBF Index Holdings, LLC launched The Fisher-Gartman Risk Index.
The Fisher-Gartman Risk Index consists of a mix of long and short positions in various asset classes whose overall value is expected to rise when the outlook on markets and the broader economy is positive and to decrease when such outlook is negative. The index is comprised of long positions in “risk on” instruments and short positions in “risk off” instruments in the following sectors: energy, agriculture, metals, equities, currencies and domestic and foreign government bonds. The index was developed with a base level of 100 as of September 1, 2006.
11/4/2011 — Today MBF Index Holdings, LLC launched The Fisher-Gartman Equity Subindex.
The Fisher-Gartman Equity Subindex measures the performance of a subset of exchange-traded products (“ETPs”) domiciled in the US and listed on the NYSE Arca or NASDAQ. The index consists of European, Asian, emerging market and US equity ETPs and is intended to be a measure of the global equity market. The index was developed with a base level of 100 as of September 1, 2006.