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GraniteShares

3SBA

GraniteShares 3x Short BAE Systems Daily ETP

Product Description

GraniteShares 3x Short BAE Systems Daily ETP is a collateralised, Exchange-Traded Product (ETP). The ETP tracks, excluding fees and other adjustments, the performance of the Solactive Daily Leveraged 3x Short BAE Systems plc Index that seeks to provide -3 times the daily performance of BAE Systems plc shares.

For example, if BAE Systems plc rises by 1% over a day, then the ETP will fall by 3%, excluding fees and other adjustments. However, if BAE Systems plc falls by 1% over a day, then the ETP will rise by 3%, excluding fees and other adjustments.

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Key Facts

  Fact Sheet
  Fact Sheet
  KID
Ticker
3SBA
Underlying Stock
BAE Systems plc
Leverage Factor
-3x
Base Currency
GBP
Total Daily Ongoing Cost
0.0085%
Value per ETP Security as of 25 November 2020
£2.53159336
Dividend
Reinvested

Overview

Exchange Trading
Currency
Ticker ISIN SEDOL WKN
London Stock Exchange GBX 3SBA XS2066849337 BHR4791
1 Month 3 Months YTD 1 Year 3 Year Since
Inception
3SBA Return 19.54% -10.05% -5.41% - - -4.45%
Benchmark Return 19.82% -9.44% -4.78% - - -

Understanding collateral


Collateralised ETP Securities are backed with collateral, subject to eligibility criteria, to protect investors in event of default. The amount of collateral posted by the Swap Counterparty is held and valued by an independent custodian in a segregated account and is adjusted daily and reflects the collateralised ETPs' change in value and in the outstanding number of securities. The Bank of New York Mellon SA/NV serves as the Swap Collateral Custodian.

Overview

Exchange Trading
Currency
Ticker ISIN SEDOL WKN
London Stock Exchange GBX 3SBA XS2066849337 BHR4791

1 Month 3 Months YTD 1 Year 3 Year Since
Inception
3SBA Return 19.54% -10.05% -5.41% - - -4.45%
Benchmark Return 19.82% -9.44% -4.78% - - -

Understanding collateral


Collateralised ETP Securities are backed with collateral, subject to eligibility criteria, to protect investors in event of default. The amount of collateral posted by the Swap Counterparty is held and valued by an independent custodian in a segregated account and is adjusted daily and reflects the collateralised ETPs' change in value and in the outstanding number of securities. The Bank of New York Mellon SA/NV serves as the Swap Collateral Custodian.

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