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Topic: How To Invest

GLOBAL X SILVER MINERS ETF $32.963

GLOBAL X SILVER MINERS ETF $32.963 (New York symbol SIL; buy or sell through brokers; www.globalxfunds.com) tracks the Solactive Global Silver Miners Index. That index includes 21 international firms that mine, refine or explore for silver. It was developed by Germany-based Structured Solutions AG.

Canadian firms make up 50.5% of the fund’s holdings, but it also includes miners in the U.S. (22.0%) and Mexico (21.0%). Its MER is 0.65%.

The ETF’s top holdings are Tahoe Resources Inc. at 11.5%; Silver Wheaton, 11.1%; Fresnillo plc 10.7%; First Majestic Silver, 7.7%; Industrias Penoles, 7.3%; Coeur Mining, 6.0%; Pan American Silver, 5.7%; Hecla Mining, 5.1%; Fortuna Silver Mines, 4.7%; Alamos Gold, 4.7%; Mag Silver, 4.4%; and Silver Standard Resources, 3.8%.

Global X Silver Miners ETF is a hold.

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