<p><strong>Alert</strong>:     <a class="text-black ps-2" href="https://graniteshares.com/media/qosfbc5p/grsh-compulsory-redemption-notice-lse-20240927.pdf" tabindex="-1">Early Redemption Event of certain classes of ETP Securities</a></p>

3SMO

3x Short Moderna Securities (MRNA) ETP


Available for trading on Euronext Paris, Borsa Italiana, London Stock Exchange.

3SMO Product Description

GraniteShares 3x Short Moderna Daily ETP Securities is a collateralised, Exchange-Traded Product (ETP). The ETP tracks, excluding fees and other adjustments, the performance of the Solactive Daily Leveraged 3x short Moderna Index that seeks to provide -3 times the daily performance of Moderna shares.

For example, if Moderna rises by 1% over a day, then the ETP will fall by 3%, excluding fees and other adjustments. However, if Moderna falls by 1% over a day, then the ETP will rise by 3%, excluding fees and other adjustments.

GraniteShares -3x Moderna Securities is available in GBP,USD

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Key Facts

Tickers (Trading Currency)
3SMO (USD) / SOL3 (GBP)
ISIN
XS2838543614
Underlying Stock
Moderna (MRNA)
Leverage Factor
-3x
Base Currency
USD
Total Daily Ongoing Cost
0.0181%
Value per ETP Security as of 27 September 2023
$0.61719999
Dividend
Reinvested
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3x Short Moderna Securities (MRNA) ETP OVERVIEW

LISTING AND CODES for 3x Short Moderna Securities (MRNA) ETP

Exchange Trading
Currency
Ticker ISIN SEDOL WKN
Borsa Italiana EUR 3SMO XS2838543614 BSMMN11
London Stock Exchange GBP SOL3 XS2838543614 BSMMN33
London Stock Exchange USD 3SMO XS2838543614 BSMMN22

INDEX & PERFORMANCE of 3x Short Moderna Securities (MRNA) ETP

1 Month 3 Months YTD 1 Year 3 Year Since Inception

COLLATERAL Details of 3x Short Moderna Securities (MRNA) ETP

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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