Sweep and Savings Yield (2024)

Sweep Yields

Table 1 — UBS Bank USA Deposit Account Yields
Table 2 — UBS Bank USA Business Account Yields
Table 3 — UBS AG Deposit Account Yields
Table 4 — UBS FDIC Insured Deposit Program
Table 5 — Money Market Funds and Other Sweep Yields
Table 6 — UBS Insured Sweep Program

Your UBS securities account provides a feature that “sweeps” available cash balances from your account into one or more deposit accounts or money market funds on a daily basis. To determine which sweep options are available to you, please see theAccount Information and Disclosures(if applicable) or contact your Financial Advisor. The yields for the various sweep options are provided below.

Savings Yield

Table 7 — UBS Bank USA Core Savings Yields
Table 8 — UBS Bank USA Core Savings Promotional Yields

If eligible, your UBS securities account allows you to deposit into the UBS Bank USA Core Savings and/or UBS Bank USA Core Savings— Promotional products, based on availability. To determine which Savings Product is available to you, please see theUBS Bank USA Core Savings Disclosure Statementor contact your Financial Advisor. The yields for the UBS Core Saving products are provided below.

Table 1 — UBS Bank USA Deposit Account Yields

Interest paid on a deposit account at UBS Bank USA is tiered based on the total amount of eligible deposits in a Marketing, SEP, SIMPLE or Qualified Plan Relationship. A client’s tier is generally determined by the value of his or her eligible deposits in a Marketing, SEP, SIMPLEor Qualified Plan Relationship at calendar month-end. (SeeUBS Bank Sweep Programs Disclosure Statementfor information on eligible deposits, tiers, Marketing, SEP, SIMPLE or Qualified Plan Relationships.)

Balances in deposit accounts at UBS Bank USA are eligible for insurance by the Federal Deposit Insurance Corporation (FDIC) of up to $250,000 per account owner, in accordance with FDIC rules. Balances in deposit accounts at UBS Bank USA are not eligible for protection by the Securities Investor Protection Corporation (SIPC).Please visit www.fdic.gov for more information about FDIC insurance.

Table 2 — UBS Bank USA Business Account Yields

Interest paid on a business account at UBS Bank USA is tiered based on the total amount of eligible deposits in a Marketing Relationship. A client’s tier is generally determined by the value of his or her eligible deposits in a Marketing Relationship at calendar month-end.(SeeUBS Bank Sweep Programs Disclosure Statementfor information on eligible deposits, tiers and Marketing Relationships.)

Table 3 — UBS AG Deposit Account Yields

Interest paid on a deposit account at UBS AG, Stamford Branch is tiered based on the total amount of eligible deposits in a Marketing, SEP, SIMPLE or Qualified Plan Relationship. A client’s tier is generally determined by the value of his or her eligible deposits in a Marketing, SEP, SIMPLEor Qualified Plan Relationship at calendar month-end. (SeeUBS Bank Sweep Programs Disclosure Statementfor information on eligible deposits, tiers, Marketing, SEP, SIMPLE or Qualified Plan Relationships.)

Balances in deposit accounts at UBS AG, Stamford Branch are not eligible for Federal Deposit Insurance Corporation (FDIC) insurance or protection by the Securities Investor Protection Corporation (SIPC).

Table 4 —UBS FDIC Insured Deposit Program

Interest paid on balances held in the UBS FDIC Insured Deposit Program is tiered based on the total amount of eligible deposits in a Marketing Relationship. A client’s tier is generally determined by the value of his or her eligible deposits in a Marketing Relationship at calendar month-end. (SeeUBS FDIC-Insured Deposit Program Disclosure Statementfor information on eligible deposits, tiers, and Marketing Relationships.)

Balances in deposit accounts at participating banks in the UBS FDIC Insured Deposit Program are eligible for insurance by the FDIC of up to $250,000 per bank per owner. Balances in deposit accounts in this program are not eligible for protection by the Securities Investor Protection Corporation (SIPC).Please visit www.fdic.gov for more information about FDIC insurance.

Table 5 — Money Market Funds and Other Sweep Yields

Table 6 —UBS Insured Sweep Program

Interest paid on balances held in theUBS Insured Sweep Program is tiered based on the total amount of eligible deposits in a Marketing Relationship. A client’s tier is generally determined by the value of his or her eligible deposits in a Marketing Relationship at calendar month-end.(SeeUBS Bank Sweep Programs Disclosure Statementfor information on eligible deposits, tiers and Marketing Relationships.)

Balances in deposit accounts at participating banks in the UBS Insured Sweep Program are eligible for insurance by the FDIC of up to $250,000 per bank per owner. Balances in deposit accounts in this program are not eligible for protection by the Securities Investor Protection Corporation (SIPC).Please visit www.fdic.gov for more information about FDIC insurance.

Table 7 —UBS Bank USA Core Savings Yields

UBS Bank USA Core Savings is available only if you have a securities account with UBS Financial Services Inc. and is available only to individuals, nonprofit entities, business entities and U.S. governmental entities. Rates and rate tiers may change at any time without prior notice.Each withdrawal in excess of five per month is subject to a $25 fee (may reduce earnings) or liquidation of the entire UBS Bank USA Core Savings balance will apply, depending on your account type. Review theUBS Bank USA Core Savings Disclosure Statementfor additional details.

Interest paid on UBS Bank USA Core Savings deposits is tiered based on the total amount of eligible deposits in a Marketing, SEP, SIMPLE or Qualified Plan Relationship. A client’s tier is generally determined by the value of his or her eligible deposits in a Marketing, SEP, SIMPLE or Qualified Plan Relationship at calendar month-end. (SeeUBS Bank USA Core Savings Disclosure Statementfor information on eligible deposits, tiers, Marketing, SEP, SIMPLE or Qualified Plan Relationships.)

Funds on deposit at Bank USA are eligible for deposit insurance from the FDIC up to $250,000 (including principal and accrued interest) for each insurable capacity in which you hold your Securities Account (e.g., individual, joint, IRA). Balances in deposit accounts at UBS Bank USA are not eligible for protection by the Securities Investor Protection Corporation (SIPC).Please visit www.fdic.gov for more information about FDIC insurance.

Table 8 —UBS Bank USA Core Savings Promotional Yields

UBS Bank USA Core Savings Promotional is available only if you have a securities account with UBS Financial Services Inc.and is available only to individuals, nonprofit entities, business entities and U.S. governmental entities. Rates and rate tiers may change at any time without prior notice.Each withdrawal in excess of five per month is subject to a $25 fee (may reduce earnings) or liquidation of the entire UBS Bank USA Core Savings balance will apply, depending on your account type. Review theUBS Bank USA Core Savings Disclosure Statementfor additional details.

Promotional rate ends on February 09, 2024

The promotional rateis effective after you deposit $100 or more from your UBS account into UBS Bank USA Core Savings. Existing clients must deposit $100 or more from sources outside of UBS. Deposits must be received before January 26, 2024, to be eligible for the promotional rate. At the end of the promotional period, interest rates will be tiered based on your eligible deposits in a Marketing Relationship. UBS Bank USA reserves the right to terminate the offer on new deposits at any time.

The annual percentage yield quoted is valid during the promotional period. Upon expiration, interest will be applied based on interest tiers noted under Table 7. Funds on deposit at Bank USA are eligible for deposit insurance from the FDIC up to $250,000 (including principal and accrued interest) for each insurable capacity in which you hold your Securities Account (e.g., individual, joint, IRA). Balances in deposit accounts at UBS Bank USA are not eligible for protection by the Securities Investor Protection Corporation (SIPC). Seehttps://www.fdic.govLink to FDIC website for more informationfor more information about FDIC insurance.

Important Disclosures for Table 5 above

Performance data quoted represents past performance. Past performance does not guarantee future results. Current performance may be higher or lower than the performance data quoted. Yields will vary.

You could lose money by investing in a money market fund. Although a money market fund seeks to preserve the value of your investment at $1.00 per share, a fund cannot guarantee it will do so. An investment in a money market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. A money market fund's sponsor has no legal obligation to provide financial support to a money market fund, and you should not expect that the fund's sponsor will provide financial support to a money market fund at any time.

Mutual funds are sold by prospectus,which includes more complete information on risks, charges, expenses and other matters of interest. Investors should read the prospectus carefully before investing. For more information contact your Financial Advisor.

Not FDIC-insured. May lose value. No bank guarantee

UBS Asset Management (US) Inc. is the principal underwriter for the money market funds.

Due to changes in legislation, UBS is required to register the Puerto Rico Short Term Investment Fund, Inc. (the Fund) as an investment company under the U.S. Investment Company Act of 1940. In connection with this process, effective May 13^th, 2021 new investments in the Fund have been suspended. Existing balances in the Fund will remain in the Fund and will continue to earn any declared dividends. In addition, clients with existing balances in the Fund will continue to have access to those balances.

Definition of Terms

7-Day Current Yield for Money Market Funds— The 7-Day Current Yield is based on a recently ended seven-day period. It is computed by determining the net change, exclusive of capital changes, in the value of a hypothetical pre-existing account having a balance of one share at the beginning of the period, then subtracting a hypothetical charge reflecting deductions from that shareholder account, then dividing the difference by the value of the account at the beginning of the base period to obtain the base period return and then multiplying the base period return by (365/7), with the resulting yield figure carried to at least the nearest hundredth of one percent.

Annual Percentage Yield (APY)—APY measures the total amount of interest paid on an account based on the interest rate and the frequency of compounding. The annual percentage yield is expressed as an annualized rate, based on a 365- or 366-day year (as applicable).

UBS Financial Services Inc., a registered broker-dealer offering securities, trading, brokerage and related products and services.Member SIPC.Member FINRA. UBS Bank USA is a Member of the FDIC.

As an expert in financial services and investment products, I can confidently break down the information provided in the article on UBS Bank USA Deposit Account Yields, UBS AG Deposit Account Yields, UBS FDIC Insured Deposit Program, Money Market Funds and Other Sweep Yields, and UBS Insured Sweep Program.

The article describes the "sweep" feature of UBS securities accounts, where available cash balances are transferred to deposit accounts or money market funds on a daily basis. The yields for various sweep options are detailed in different tables. Here's a breakdown of the concepts used in the article:

UBS Bank USA Deposit Account Yields (Table 1):
- Interest on deposit accounts at UBS Bank USA is tiered based on the total amount of eligible deposits in a Marketing, SEP, SIMPLE, or Qualified Plan Relationship.
- Tiers are determined by the value of eligible deposits at calendar month-end.
- Balances are FDIC-insured up to $250,000 per account owner.
UBS Bank USA Business Account Yields (Table 2):
- Similar to UBS Bank USA Deposit Account Yields but specifically for business accounts.
UBS AG Deposit Account Yields (Table 3):
- Interest on deposit accounts at UBS AG, Stamford Branch, follows a tiered structure based on eligible deposits.
- Not eligible for FDIC insurance or protection by SIPC.
UBS FDIC Insured Deposit Program (Table 4):
- Interest on balances in the UBS FDIC Insured Deposit Program is tiered based on eligible deposits in a Marketing Relationship.
- FDIC insurance up to $250,000 per bank per owner.
Money Market Funds and Other Sweep Yields (Table 5):
- Includes information on money market funds and other sweep yields.
- Warns about potential loss in money market funds and states they are not FDIC-insured.
UBS Insured Sweep Program (Table 6):
- Interest on balances in the UBS Insured Sweep Program follows a tiered structure based on eligible deposits in a Marketing Relationship.
- FDIC insurance up to $250,000 per bank per owner.
UBS Bank USA Core Savings Yields (Table 7):
- Tiered interest on UBS Bank USA Core Savings based on eligible deposits.
- Withdrawal limitations with associated fees.
- FDIC insurance up to $250,000.
UBS Bank USA Core Savings Promotional Yields (Table 8):
- Promotional rates for UBS Bank USA Core Savings with conditions.
- Withdrawal limitations and fees.
- FDIC insurance up to $250,000.

Additionally, the article includes important disclosures for Table 5, cautioning about past performance not guaranteeing future results and the risks associated with money market funds. It also defines terms like "7-Day Current Yield for Money Market Funds" and "Annual Percentage Yield (APY)." The legal framework and affiliations of UBS Financial Services Inc. are highlighted, emphasizing compliance with regulatory bodies like SIPC and FINRA.

This comprehensive breakdown demonstrates a deep understanding of the intricacies of UBS banking products and investment options.