VelocityShares 3x Long Silver ETN

The investment seeks to replicate, net of expenses, three times the S&P GSCI Silver index ER.
The index comprises futures contracts on a single commodity. The fluctuations in the values of it are intended generally to correlate with changes in the price of silver in global markets.

Key stats

Management firm  Credit Suisse AG
Domicile  United States
Global Branding Name  Credit Suisse
Fund currency  USD
Launch Date  2011-10-14
ISIN  US22539T5974
Manager 1 Name  Management Team
Fund Strategy  Trading-Leveraged Commodities
Benchmark  S&P GSCI Silver ER USD
Fund Structure  Uncollateralized Debt Instrument
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-07-31
Return - 1 Month  -9.79%
Return - 2 Months  27.12 %
Return - 3 Months  16.45%
Return - 6 Months  11.99 %
Return - 9 months  -29.88 %
Return - 12 Months  -14.03%
Annualized return 24 months  -54.01 %
Annualized return 36 months  0.00 %
Annualized return 48 months  0.00 %
Annualized return 60 months  0.00 %
Return 120 months  0.00 %
Annualized return since Inception  -56.88%
Return YTD  6.15%

Charges

Initial  0.00 %
Maximum Managment Charge  1.65 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact name  Alexander Held
Contact Address  Credit Suisse
Contact Address 2  Paradeplatz 8
Contact Address 3  Switzerland
Contact city  Zurich
Contact country  Switzerland
Fund Admin Group  Credit Suisse AG
Web Address  https://www.credit-suisse.com
Email contact  distribution.amfund@credit-suisse.com
Phone  +41 44 333 40 50

Price

Last Price Date  2014-08-20
Pre-tax nav  41.34
Pre-tax offer  41.31
Pre-tax bid  40.81
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  $0.57
Price change (percentage)  1.40 %
Guaranteed NAV  0.00000
Close Price  0.00

Funds Disclaimer

© 2011 - Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed (save (i) as incidentally necessary in the course of viewing it on-line (ii) in the course of printing off single copies of web pages on which it appears for the use of those authorised to view it on-line), or adapted in any way (3) is not warranted to be accurate, complete or timely. This Morningstar-sourced information is provided to you by GFM Ltd and is at your own risk. You agree that Morningstar and or GFM Ltd are not responsible for any damages or losses arising from any use of this information and that the information must not be relied upon by you the user without appropriate verification. GFM Ltd informs you as follows: (i) The information provided should not form the sole basis of any investment decision (ii) no investment decision should be made in relation to any of the information provided other than on the advice of a professional financial advisor; (iii) past performance is no guarantee of future results; and (iv) the value and income derived from investments can go down as well as up.
For fund additions and/or data corrections please contact dataquestions@morningstar.com

Ratings Disclaimer

© 2010 - 2011 Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
For fund additions and/or data corrections please contact dataquestions@morningstar.com

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