Nasdaq-100 Engle 10% Index: where innovation meets Nobel award winning research.
The Nasdaq-100 Engle 10% Index (the "Index") is designed to give investors exposure to the Nasdaq-100 Total Return™ Index while leveraging research from Nobel Award winner Robert F. Engle.
The Index targets a volatility of 10% using an intraday volatility control mechanism developed by UBS in partnership with Dr. Engle, seeking to deliver competitive risk-adjusted return.
Index at a glance
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Nasdaq-100 Total Return™ exposure
Exposure to the Nasdaq-100 Total Return™ Index, one of the world's preeminent large-cap growth indexes. -
Forward-looking volatility modeling
Using an innovative volatility control mechanism, that aims to provide stable and competitive participation rates. -
Partnering with Nobel Award winner
Dr. Robert F. Engle was awarded the Nobel Award in Economic Sciences for his groundbreaking work in volatility modeling. UBS worked with Dr. Engle to apply his research in volatility modeling to the Nasdaq-100 Total Return™ Index. -
Intraday reactivity
Intraday volatility forecast mechanism supported by research, aiming to produce a more reactive intraday allocation mechanism that rapidly adapts to changing market conditions.
Key characteristics
| Bloomberg Ticker | UBENGL10 <Index> |
| Return Type | Excess return1 |
| Currency | USD |
| Live Date | October 16, 2024 |
| Index deduction rate2 | 0.50% per year |
| Asset Class | Equity only |
1The equity portion of the Index is net of US Federal Funds Effective Rate in order to remove cost of funding.
2The UBENGL10 Index level is reduced by an additional index deduction rate of 0.50% per annum.
Please refer to the Selected risk considerations for additional information on the Index.