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GraniteShares

3SBC

GraniteShares 3x Short Barclays Daily ETP

Product Description

GraniteShares 3x Short Barclays 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 Barclays PLC Index that seeks to provide -3 times the daily performance of Barclays PLC shares.

For example, if Barclays PLC rises by 1% over a day, then the ETP will falls by 3%, excluding fees and other adjustments. However, if Barclays 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
3SBC
Underlying Stock
Barclays PLC
Leverage Factor
-3x
Base Currency
GBP
Total Daily Ongoing Cost
0.0082%
Value per ETP Security as of 27 October 2020
£2.0813
Dividend
Reinvested

Overview

Exchange Trading
Currency
Ticker ISIN SEDOL WKN
London Stock Exchange GBX 3SBC XS2066850004 BHR47F7
1 Month 3 Months YTD 1 Year 3 Year Since
Inception
3SBC Return 55.15% 127.68% 151.03% - - 71.61%
Benchmark Return 55.51% 129.21% 152.67% - - -

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 3SBC XS2066850004 BHR47F7

1 Month 3 Months YTD 1 Year 3 Year Since
Inception
3SBC Return 55.15% 127.68% 151.03% - - 71.61%
Benchmark Return 55.51% 129.21% 152.67% - - -

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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