Topic: How To Invest

GLOBAL X SILVER MINERS ETF $8.23 – New York symbol SIL

GLOBAL X SILVER MINERS ETF $8.23 (New York symbol SIL; buy or sell through brokers; www.globalxfunds.com) tracks the Solactive Global Silver Miners Index.

This index includes 25 international companies that mine, refine or explore for silver. It was developed by Germany-based Structured Solutions AG.

Canadian firms make up 58.9% of the fund’s holdings, but it also includes miners in the U.S. (13.6%) and Mexico (4.2%). Its MER is 0.65%.

The ETF’s top holdings are Silver Wheaton at 13.4%; Fresnillo plc, 7.4%; Industrias Penoles, 7.3%; Polymetal, 5.9%; Tahoe Resources, 5.4%; AuRico Gold, 5.2%; Hecla Mining, 5.0%; Fortuna Silver, 5.0%; Pan American Silver, 4.8%; and Silver Standard Resources, 4.4%.

Global X Silver Miners ETF is a hold.

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