You are using an older browser version. Please use a supported version for the best MSN experience.

ETFS 1x Daily Short Silver ETC

London: SSIL
17.74
+0.08
+0.45%
1/16/2019 2:10 PM GMT
5 Years
  • Open

    17.60

  • Previous Close

    17.66

  • Vol (3-Month Avg.)

    3.69k

  • Day's Range

    17.60-17.60

  • 52 week range

    15.70-19.33

  • Net Assets

    1.86M

  • Yield

    0.00%

  • Category

    Trading – Leveraged/Inverse Commodities

  • Morningstar Risk

    -

Profile

Name of Issuer

ETFS Commodity Securities Ltd

Expenses

-

ETFS 1x Daily Short Silver (SSIL) is designed to enable investors to gain a 'short' 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 short exposure means that the product is designed to reflect minus one times the daily percentage change in the Index level. For example, if the Index was to rise in value by 5% on a particular day, the product is designed to decrease in value by 5% on that day (minus fees and expenses). SSIL 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 are traded on exchange just like shares in a company. The ETC is backed by swaps.

Inception

2/22/2008

AdChoices
image beaconimage beaconimage beacon