UBS Investment Bank has launched the ETRACS DJ-UBS Commodity Index 2-4-6 Blended Futures ETN (BLND), which the is being touted as the first exchange-traded note linked to the next generation of the DJ-UBS Commodity Index.

The Index is constructed as an equally-weighted basket of the two-month, four-month and six-month forward versions of the Dow Jones-UBS Commodity Index, providing diversification across the commodity price curve of each of the 20 commodities that currently comprise the index.

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