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GraniteShares

3SRR

GraniteShares 3x Short Rolls-Royce Daily ETP

Product Description

GraniteShares 3x Short Rolls-Royce 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 Rolls-Royce Holdings plc Index that seeks to provide -3 times the daily performance of Rolls-Royce Holdings plc shares.

For example, if Rolls-Royce Holdings plc rises by 1% over a day, then the ETP will falls by 3%, excluding fees and other adjustments. However, if Rolls-Royce Holdings 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
3SRR
Underlying Stock
Rolls-Royce Holdings plc
Leverage Factor
-3x
Base Currency
GBP
Total Daily Ongoing Cost
0.0142%
Value per ETP Security as of 13 August 2020
£3.7750
Dividend
Reinvested

Overview

Exchange Trading
Currency
Ticker ISIN SEDOL WKN
London Stock Exchange GBX 3SRR XS2066850855 BHR47K2
1 Month 3 Months YTD 1 Year 3 Year Since
Inception
3SRR Return 193.30% 262.31% 259.21% - - 320.28%
Benchmark Return 193.96% 264.72% 261.54% - - -

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 3SRR XS2066850855 BHR47K2

1 Month 3 Months YTD 1 Year 3 Year Since
Inception
3SRR Return 193.30% 262.31% 259.21% - - 320.28%
Benchmark Return 193.96% 264.72% 261.54% - - -

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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