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ETFS Commodity Securities Limited(SNIK)

Description: ETFS 1x Daily Short Nickel (SNIK) is designed to enable investors to gain a 'short' exposure to a total return investment in nickel futures contracts by tracking the Bloomberg Nickel Subindex (the Index) and providing a collateral yield. A daily short exposure means that the product is designed to reflect minus one times the daily percentage change in the Index level. For example, if the Index was to rise in value by 5% on a particular day, the product is designed to decrease in value by 5% on that day (minus fees and expenses). SNIK is an exchange traded commodity (ETC). It is not a UCITS product. Securities in this ETC are structured as debt securities and not as shares (equity) and can be created and redeemed on demand by authorised participants and are traded on exchange just like shares in a company. The ETC is backed by swaps.


Keywords: ETF Exchange Traded Funds Nickel Swaps Commodity 1x

Home Page: www.etfsecurities.com/retail/uk/en-gb/products/short-and-leveraged/product/etfs-1x-daily-short-nickel-snik-lse

SNIK Technical Analysis

Exchange: LSE

Country: UK

Currency: US Dollar ($)

Category: Trading - Leveraged/Inverse Commodities

Asset Allocation
Asset Class Long % Short % Net Assets
Stock non-US 100.00 0.00 100.00
Sector Weights
Sector Equity % Relative to Category
Basic Materials 100.00 0.00
World Regions
Region Equity % Relative to Category
North America 100.00 0.00
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