WisdomTree Silver 1x Daily Short (SSIL.L) LSE

1.56

+0.029(+1.89%)

Updated at May 14 08:00AM

Currency In USD

WisdomTree Silver 1x Daily Short

Address

3rd Floor, 44 Esplanade

St Helier, JE4 9WG

Jersey

Phone

44-20-7448-4330

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

February 22, 2008

Key Executives

N/A

Description

WisdomTree Silver 1x Daily Short is a fully collateralised Exchange Traded Commodity (ETC) designed to provide investors with a short exposure to Silver . The ETC provides a total return comprised of -1 times the daily performance of the Bloomberg Silver Sub Excess Return Index (BCOMSI), plus the interest revenue adjusted to reflect fees and costs associated with the product. For example, if the Bloomberg Silver Sub Excess Return Index rises by 1% over a day, then the ETC will fall by 1%, excluding fees. However if the Bloomberg Silver Sub Excess Return Index falls by 1% over a day, then the ETC will rise by 1%, excluding fees.