SBUGiPath Silver ETN
SBUG Fund Description
SBUG tracks the Barclays Silver 3 Month Index Total Return by rolling specified near term silver futures contracts.
SBUG Factset Analytics Insight
SBUG is a note backed by a promise from Barclays Bank PLC to deliver the returns of an index. The index is designed to provide the total return of rolling futures contracts, which will become the first liquid nearby silver futures contracts three months in the future, combined with the return of the weekly announced interest rate for 3-month US Treasury bills. The futures contracts underlying the index are traded on COMEX and quoted in USD. The note structure provides investors with a more familiar tax treatment, in exchange for assuming the credit risk of the issuer. SBUG was one of first ETNs to launch without an investor fee initially.
SBUG Portfolio Management
SBUG Tax Exposures
SBUG Fund Structure
SBUG Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of SBUG. SBUG is rated a 5 out of 5.
SBUG Tenor Strategy
SBUG invests solely in the next liquid futures contract three months out to expiration.
SBUG Rolling Strategy
SBUG's roll period generally occurs from the 5th to the 9th index business days of each month.