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UBM- An Industrial Metals ETN

By Mark Kennedy, About.com

Definition:

UBM, the E-TRACS UBS Bloomberg CMCI Industrial Metal ETN tracks the UBS Bloomberg CMCI Industrial Metals Total Return index. The ETN is designed to represent returns from a basket of five major industrial metals futures contracts.

If you'd like to see more related funds, here is a thorough list of precious metals ETNs and ETFs. A List of Gold ETFs

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