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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 - that seeks to provide -3 times the daily performance of BAE Systems plc, (BAES).

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.

Underlying Stock: BAE Systems plc.

BAE Systems plc is a multinational defense, aerospace, and security company that provides advanced technology solutions globally. The company operates through several segments: Electronic Systems, Platforms & Services, Air, Maritime, and Cyber & Intelligence. The Electronic Systems segment focuses on electronic warfare, navigation systems, and digital engine controls. The Platforms & Services segment manufactures and upgrades combat vehicles and provides naval ship repair services. The Air segment develops future combat air systems, while the Maritime segment handles submarine and ship build programs. The Cyber & Intelligence segment offers cybersecurity services for national security. BAE Systems is headquartered in the United Kingdom and employs a skilled workforce across more than 40 countries. It plays a significant role in major defense projects, including the production of military aircraft and submarines. The company's U.S. subsidiary, BAE Systems Inc., is a major supplier to the U.S. Department of Defense and operates under a Special Security Agreement to handle sensitive defense programs. BAE Systems has a long history of innovation and continues to invest in technology to support its customers' evolving needs.

3SBA Fact Summary

Tickers (Trading Currency) 3SBA
ISIN
Underlying Stock BAE Systems plc
Leveraged Factor-3x
Base Currency GBP
Value per ETP Security as of --
Total Daily Ongoing Cost-
DividendReinvested
Best ETP Provider

ETP SECURITY OVERVIEW

Base Currency GBP
Listing Date -
Dividend Treatment Reinvested
Exchange Ticker 3SBA
Index Name -

DAILY PERFOMANCE (AS OF -

Value Per ETP Security -
Daily Change -
Daily Return -
AUM -

STRUCTURE

Structure ETP
Replication Method Synthetic
Domicile Ireland

ACCOUNT ELEGIBILITY AND TAX STATUS

ISA Eligible
SIPP Eligible
UK Reporting Status Yes

KEY SERVICE PROVIDERS

Issuer GraniteShares Financial Plc
Issuing and Paying Agent The Bank of New York Mellon, London Branch
Trustee BNY Mellon Corporate Trustee Services Ltd
Swap Provider Natixis
Swap Collateral Custodian The Bank of New York Mellon SA/NV
Auditor Grant Thornton

INDEX DETAILS

Index Name -
Base Trading Currency GBP
Index Provider Solactive
Index Ticker -
Leverage Factor -3x

REGISTERED COUNTRIES

UK
Ireland

PASSPORTED COUNTRIES

Austria
Belgium
Denmark
Finland
France
Germany
Italy
Netherlands
Luxembourg
Norway
Portugal
Spain
Sweden

3SBA Details

Listing & Codes
Exchange Trading Currency Ticker ISIN SEDOL WKN
Performance Details
Data as of Download performance history
All Data on Total Return Basis 1 Month 3 Months YTD 1 Year 3 Years Since Inception
Portfolio
Fund Sector Breakdown
as of -
Sector Allocation Industrials 100.00%
Fund Sector Breakdown are subject to change
Top 10 Fund Exposures
as of -
Underlying Allocation BAE Systems plc 100.00%
Top 10 Fund Exposures are subject to change
Distribution
Fund Yield as of
30-Day SEC Yield N/A Distribution Rate N/A 12 Month Distribution N/A
Distribution Calendar as of
Ex Date Record Date Pay Date $/Share Ordinary Income Short Term Gains Long Term Gains Return of Capital
Distributions are not guaranteed
Collateral Details
Collateral Coverage Ratio 100%
Collateralised Yes
Collateral Custodian The Bank of New York Mellon SA/NV

Collateral Documents

Collateral Factsheet
Collateral Holdings

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.

Investor Documents
Ex Data Document Type 3SBA- KID EN - EU Regulatory Final Terms(EU) Regulatory 3SBA - KID FI Regulatory 3SBA - KID FR Regulatory 3SBA - KID IT Regulatory 3SBA - KID NL Regulatory 3SBA - KID PL Regulatory 3SBA - KID PT Regulatory 3SBA - KID DA Regulatory 3SBA - KID DE Regulatory 3SBA - KID EN-EU Regulatory 3SBA - KID EN-UK Regulatory 3SBA - KID ES Regulatory Base Prospectus (UK) Regulatory GraniteShares Financial Plc – Annual Interim Dec 2024 Regulatory Index Methodology Regulatory GraniteShares Financial Plc – Annual Accounts June 2024 (pdf) Regulatory Base Prospectus (EU) Regulatory GraniteShares Financial Plc – Annual Interim Dec 2024 (pdf) Regulatory Base Prospectus (UK) Regulatory Base Prospectus (EU) Regulatory GraniteShares Financial Plc – Annual Accounts June 2024 (pdf) Regulatory Index Methodology Regulatory Product List Marketing Factsheet Graniteshares 3X Short BAE Systems Daily ETP It Marketing Factsheet Graniteshares 3X Short BAE Systems Daily ETP Fr Marketing Factsheet Graniteshares 3X Short BAE Systems Daily ETP En Marketing GraniteShares Financial Plc – 2024 UK Reporting Status UK Reporting Fund Status GraniteShares Financial Plc – 2023 UK Reporting Status Archieved GraniteShares Financial Plc – 2022 UK Reporting Status Archieved GraniteShares Financial Plc – 2021 UK Reporting Status Archieved GraniteShares Financial Plc – 2020 UK Reporting Status Archieved GraniteShares Financial Plc – Annual Accounts June 2023 (pdf) Archieved GraniteShares Financial Plc – Annual Accounts June 2023 (xHTML) Archieved GraniteShares Financial plc – Interim Accounts December 2023 (pdf) Archieved GraniteShares Financial plc – Interim Accounts December 2023 (xHTML) Archieved GraniteShares Financial plc - Interim Accounts December 2022 Archieved GraniteShares Financial Plc – Annual Accounts June 2022 (pdf) Archieved GraniteShares Financial Plc – Annual Accounts June 2022 (xHTML) Archieved GraniteShares Financial Plc – Interim Account December 2021 Archieved GraniteShares Financial Plc -Annual Accounts June 2021 Archieved GraniteShares Financial Plc Interim Accounts December 2020 Archieved GraniteShares Financial Plc Annual Accounts June 2020 Archieved GraniteShares Financial Plc Interim Accounts December 2019 Archieved
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Premium/Discount Data & Charts
Latest Premium Discount
Latest Premium Discount
as of June 13, 2025
NAVCONI PriceCONI Premium / (Discount)CONI
Data for the current quarter
as of June 13, 2025
Days at PremiumCONI Days at NAVCONI Days at DiscountCONI
-Year 2024 Days at PremiumCONICONI Days at NAVCONICONI Days at DiscountCONICONI
as of March 31, 2025 Greatest PremiumCONI Greatest DiscountCONI Days Between -0.5% to 0.0%CONI Days Between 0.0% to 0.5%CONI
Historical Premium/Discount Chart
as of March 31, 2025

Chart Description

The amount the Fund is trading above or below the reported NAV expressed as a percentage of the NAV. When the fund's market price is greater than the fund's NAV, it is said to be trading at a "Premium" and the percentage is expressed as a positive number. When the fund's market price is less than the fund's NAV, it is said to be trading at a "Discount" and the percentage is expressed as a negative number.


Premium/Discount Frequency

as of March 31, 2025

Chart Description

The above chart presents information about the difference between the daily market price for shares of the Fund and the Fund’s net asset value (or NAV). The market price is the last price as published by the exchange on which the Fund is listed. It is generally the average of the bid-ask prices at 4:00 PM ET. The NAV is calculated by reference to the closing price of the positions held by the Fund. The vertical axis of the chart shows the premium or discount of the market price as percentage of the NAV. The horizontal axis shows the number of trading days in the period covered by the chart. Each bar in the chart shows the number of trading days in which the Fund traded within the premium/discount range indicated.

Possible Time Discrepancies

The primary explanation is that timing discrepancies can arise between the NAV and the closing price of the Fund. Since shares of the Fund trade on the open market, prices are affected by the constant flow of information received by investors, corporations and financial institutions. Depending on how this changing information affects investor sentiment, shares of the Fund may deviate slightly from the value of the Fund's underlying assets. As a result, shareholders may pay more than NAV when they buy Fund shares and receive less than NAV when they sell those shares, because shares are purchased and sold at current market prices. However, due to the creation and redemption process that is unique to ETFs, market makers are able to minimize these deviations from NAV by taking advantage of arbitrage opportunities.