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UBS Investment Management has launched two ETRACs exchange-traded notes linked to the performance of the UBS Internet IPO Index, which is comprised of 20 social networking, Internet software and Internet services stocks that have gone public within the last three years.

The ETRACs Internet IPO ETN provides exposure to the performance of the index, and the Monthly 2xLeveraged ETRACs Internet IPO ETN provides a monthly compounded two-times leveraged exposure to the performance of the index.

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