Fund Description |
The iPath Silver ETNs (the "ETNs") are designed to provide exposure to the Barclays Silver 3 Month Index Total Return (the "Index"). The objective of the Index is to provide exposure to a rolling position in futures contracts on silver that will become the first liquid nearby futures contracts three months in the future in accordance with a specified schedule. The futures contracts underlying the Index are currently traded on COMEX. The Index is calculated on a total return basis and is intended to reflect (1) the performance of a rolling position in such specified silver futures contracts and (2) the return that corresponds to the weekly announced interest rate for specified 3-month U.S. Treasury bills. |
Fund Profile |
Fund Name |
iPath Silver ETN |
Fund Exchange Ticker |
SBUG |
Fund Sponsor |
Barclays iPath |
Fund ISIN |
US06747D7003 |
Net Expense Ratio |
0.00 % |
Fund Inception Date |
8 October 2019 |
Fund Legal Structure |
ETN |
Exchange |
NYSE Arca |
Listing Country Code |
US |
Fund Investment Objective |
ETF Type Specific |
Commodities & Metals - Gold / Metals |
Asset Class |
Commodities & Metals |
Index Linked |
Passive |
Index Name |
Barclays Silver 3 Month Index Total Return |
Index Provider |
Barclays |
Currency Hedged |
No |
Inverse / Leveraged |
Not Applicable |
Developed / Emerging |
Funds Combining Developed & Emerging Exposure |
Commodity Types |
Gold / Metals |
Key Statistics |
Return As of Date |
11 August 2022 |
Asset Under Management |
12.30 Million (USD) |
1 Month Total Return |
2.40 % |
Year To Date Return |
-13.19 % |
1 Year Total Return |
-15.84 % |
3 Year Annualized Total Return |
|
NAV |
27.9615 |
Share Outstanding |
439,900 |