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

ETF Report

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

Closing Price
USD44.85

1 Day Change
-0.87|-1.95%

As of 09/12/2016

Last Close44.85
52-Wk Range36.75 - 93.44
Yield %0.00
ISINJE00BYQY6F08
Volume2,700
Discount % %-1.75

Growth Of 10,000 (USD) 30/11/2016

HowHasThisSecurityPerformed
20122013201420152016
Fund----31.59
  • Fund: ETFS 3x Daily Long Silver Exchange Traded Commodity (USD)
  • Category: Trading - Leveraged/Inverse Commodities
  • Benchmark: Not Categorized
Trailing Returns % (USD) 09/12/2016
Fund
YTD42.07
3 Years Annualised-
5 Years Annualised-
10 Years Annualised-
Key Stats
Morningstar® CategoryTrading - Leveraged/Inverse Commodities
ISINJE00BYQY6F08
NAV 09/12/2016USD 44.85
Day Change-1.95%
12 Month Yield0.00%
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
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Benchmarks

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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