ETFS 3x Daily Long Silver ETC (LSE:SI3L) - Overview

ETF Report

ETFS 3x Daily Long Silver Exchange Traded Commodity (USD) SI3L

Closing Price

1 Day Change

As of 20/10/2016

Last Close52.10
52-Wk Range36.75 - 93.44
Yield %-
Discount % %-0.46

Growth Of 10,000 (USD) 30/09/2016

  • Fund: ETFS 3x Daily Long Silver Exchange Traded Commodity (USD)
  • Category: Trading - Leveraged/Inverse Commodities
  • Benchmark: Not Categorized
Trailing Returns % (USD) 20/10/2016
3 Years Annualised-
5 Years Annualised-
10 Years Annualised-
Key Stats
Morningstar® CategoryTrading - Leveraged/Inverse Commodities
NAV 20/10/2016USD 52.10
Day Change-3.45%
12 Month Yield-
Dividend FrequencyAnnually
Net Assets (mil)-
Total Expense Ratio1.03%
Initial Charge-
Exit Charge-
Manager Name-
Inception Date02/11/2015

Morningstar Rating™

Not Rated

Morningstar SRRI

Lower Risk
Higher Risk
  • 1
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  • 3
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar


Fund Benchmark

Bloomberg Silver Sub TR USD

Morningstar® Benchmark

Not Categorized

Investment Objective

ETFS 3x Daily Long Silver (SI3L) is designed to enable investors to gain a three times 'leveraged' exposure to a total return investment in silver futures contracts by tracking the Bloomberg Silver Subindex (the "Index") and providing a collateral yield. A daily leveraged exposure means that the product is designed to reflect 300% of the daily percentage change in the Index level. For example, if the Index was to decrease in value by 5% on a particular day, the product is designed to decrease in value by 15% on that day (minus fees and expenses). SI3L is an exchange traded commodity ("ETC"). It is not a UCITS product. Securities in this ETC are structured as debt securities and not as shares (equity) and can be created and redeemed on demand by authorised participants and traded on exchange just like shares in a company. The ETC is backed by swaps.

Portfolio Profile-

AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at Trafford House, Chester Road, Manchester M32 0RS. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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