SLVO
SLVO
About UBS ETRACS Silver Shares Covered Call ETN
SLVO is neither the choice for those looking for exposure to physical silver nor does it provide pure exposure to silver futures. SLVO is structured as an ETN so it promises to track silver (and options on silver), not to hold it. Furthermore, its index has a notional short call position against the notional long position in the physically backed silver ETF, SLV. The calls are set to about 106%...
About UBS ETRACS Silver Shares Covered Call ETN
SLVO is neither the choice for those looking for exposure to physical silver nor does it provide pure exposure to silver futures. SLVO is structured as an ETN so it promises to track silver (and options on silver), not to hold it. Furthermore, its index has a notional short call position against the notional long position in the physically backed silver ETF, SLV. The calls are set to about 106%...
HOLDINGS (Top 20)
This ETF does not hold any stocks listed on the NYSE or NASDAQ exchanges.
Holdings (Top 20)
This ETF does not hold any stocks listed on the NYSE or NASDAQ exchanges.