Topic: How To Invest

GLOBAL X SILVER MINERS ETF $9.11 – New York symbol SIL

GLOBAL X SILVER MINERS ETF $9.11 (New York symbol SIL; buy or sell through brokers; www.globalxfunds.com) tracks the Solactive Global Silver Miners Index.

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

Canadian firms make up 55.1% of the fund’s holdings, but it also includes miners in the U.S. (14.3%) and Mexico (12.3%). Its MER is 0.65%.

The ETF’s top holdings are Silver Wheaton at 14.2%; Industrias Penoles, 12.4%; Hecla Mining, 7.1%; Polymetal, 6.1%; Coeur d’Alene Mines, 5.9%; Fresnillo plc, 5.1%; AuRico Gold, 4.9%; Silver Standard Resources, 4.8%; Pan American Silver, 4.7%; and Fortuna Silver, 4.7%.

Global X Silver Miners ETF is a hold.

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