ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN

The index is designed to measure the performance of 100 relatively small capitalization dividend yielding index constituent securities selected from a universe of qualifying U.S. listed equity securities. The Securities are two times leveraged with respect to the index and as a result will benefit from two times any beneficial but will be exposed to two times any adverse compounded monthly performance of the index.