Replies to post #41153 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[JohnCM]

Overview

The MicroSectors™ U.S. Big Oil Index Exchange Traded Notes (ETNs) are linked to the
performance of the Solactive MicroSectors™ U.S. Big Oil Index.

Each ETN offers investors
a return based on changes in the level of the Solactive MicroSectors™ U.S. Big Oil Index
on a daily compounded basis, before taking into account fees.

Each ETN has a specified
leverage factor that is reset daily. This fact sheet relates to separate ETN offerings.

Each
issue of the ETNs is linked to one, and only one, ETN below.
Each ETN seeks a return on the underlying index for a single day. The ETNs are not “buy
and hold” investments and should not be expected to provide its respective return of
the underlying index’s cumulative return for periods greater than a day.

What Is the Solactive MicroSectors™ U.S. Big Oil Index

The Solactive MicroSectors™ U.S. Big Oil Index includes the 10 U.S. stocks in the energy sector (specified below) with the largest free-float market capitalization.

The index’s underlying composition is equally weighted across all stocks. While the performance of indices weighted by market capitalization can be dominated
by a few of the largest stocks.

SOLACTIVE MICROSECTORS™ U.S. BIG OIL INDEX COMPONENTS*

*Index rebalanced to equal 10% weights monthly.

10% Marathon
10% Phillips 66
10% Valero
10% Pioneer
10% Hess
10% Exxon Mobil
10% Chevron
10% EOG
10% Occidental
10% ConocoPhillips