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GraniteShares

3SRD

GraniteShares 3x Short Royal Dutch Shell Daily ETP

Product Description

GraniteShares 3x Short Royal Dutch Shell 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 Royal Dutch Shell PLC Index that seeks to provide -3 times the daily performance of Royal Dutch Shell plc shares.

For example, if Royal Dutch Shell plc rises by 1% over a day, then the ETP will fall by 3%, excluding fees and other adjustments. However, if Royal Dutch Shell 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
Tickers (Trading Currency)
3SRD
Underlying Stock
Royal Dutch Shell plc
Leverage Factor
-3x
Base Currency
GBP
Total Daily Ongoing Cost
0.0073%
Value per ETP Security as of 21 October 2021
£0.74216037
Dividend
Reinvested
Granite Shares

OVERVIEW

Exchange Trading
Currency
Ticker ISIN SEDOL WKN
1 Month 3 Months YTD 1 Year 3 Year Since Inception

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

1 Month 3 Months YTD 1 Year 3 Year Since Inception

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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