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GraniteShares

3SVO

GraniteShares 3x Short Vodafone Daily ETP

Product Description

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

For example, if Vodafone Group Plc rises by 1% over a day, then the ETP will fall by 3%, excluding fees and other adjustments. However, if Vodafone Group 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
3SVO
Underlying Stock
Vodafone Group Plc
Leverage Factor
-3x
Base Currency
GBP
Total Daily Ongoing Cost
0.0090%
Value per ETP Security as of 25 November 2020
£2.95152020
Dividend
Reinvested

Overview

Exchange Trading
Currency
Ticker ISIN SEDOL WKN
London Stock Exchange GBX 3SVO XS2009195640 BJ9JYC0
1 Month 3 Months YTD 1 Year 3 Year Since
Inception
3SVO Return 17.87% 41.55% 44.65% - - -
Benchmark Return 18.14% 42.51% 45.60% - - -

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 3SVO XS2009195640 BJ9JYC0

1 Month 3 Months YTD 1 Year 3 Year Since
Inception
3SVO Return 17.87% 41.55% 44.65% - - -
Benchmark Return 18.14% 42.51% 45.60% - - -

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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