GLOBAL X SILVER MINERS ETF $12.20 - New York symbol SIL

GLOBAL X SILVER MINERS ETF $12.20 (New York symbol SIL; buy or sell through brokers; www.globalxfunds.com) tracks the Solactive Global Silver Miners Index.

This index includes 30 international companies that mine, refine or explore for silver. Germany-based Structured Solutions AG developed the Global X Silver Miners Index.

Canadian companies make up 48.9% of the fund’s holdings, but it also includes miners in the U.S. (13.2%) and Mexico (12.0%). Its MER is 0.65%.

The ETF’s top holdings are Silver Wheaton at 12.0%; Fresnillo plc, 10.5%; Industrias Penoles, 10.4%; Pan American Silver, 6.1%; AuRico Gold, 5.5%; Polymetal, 5.2%; Tahoe Resources, 5.0%; Hecla Mining, 4.7%; Silver Standard Resources, 4.7%; Coeur d’Alene Mines, 4.2%; and First Majestic Silver, 3.9%.

Global X Silver Miners ETF is a hold.

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