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Velocityshares 3x Inverse Crude Etn

VelocityShares 3x Inverse Crude ETN (NYSEARCA: DWTI) is an exchange-traded note (ETN) that provides inverse exposure to the daily performance of the S&P GSCI Crude Oil Index ER. The ETN is designed to offer three times the inverse (opposite) return of the index for a single day. It means that if the index decreases by 1%, DWTI is expected to increase by approximately 3%. Conversely, if the index increases by 1%, DWTI is expected to decrease by approximately 3%.

DWTI is a complex financial product and is intended for experienced and knowledgeable investors who understand the risks associated with leveraged and inverse investment strategies. The ETN is subject to the credit risk of the issuing bank, UBS AG.

Key features of VelocityShares 3x Inverse Crude ETN:

* Issuer: UBS AG

* Exchange: NYSE Arca

* Ticker Symbol: DWTI

* Asset Class: Commodity

* Leverage Factor: 3x Inverse

* Underlying Index: S&P GSCI Crude Oil Index ER

* Expense Ratio: 1.35%

It is essential to note that due to the compounding of daily returns, the performance of DWTI over longer periods can deviate significantly from the inverse of the index's return, especially in volatile markets. Leveraged and inverse ETNs are not suitable for long-term investments and can result in substantial losses, even if the index increases over time.

Interested investors should carefully review the prospectus, related documents, and consult with a financial advisor before investing in VelocityShares 3x Inverse Crude ETN or any other complex financial product.