SVCL seeks to provide, to the extent possible and net of expenses: (a) exposure to the performance of a broad range of silver mining companies globally; and (b) high distributions of dividend income and call option premiums, at least monthly. To generate premiums, SVCL is exposed to a dynamic covered call option writing program. SVCL also employs leverage (not to exceed the limits on use of leverage described under “Investment Strategies” in the ETF’s prospectus) through cash borrowing and generally endeavours to maintain a leverage ratio of approximately 125%.
The SVCL ETF is actively managed, so it doesn't track an index. We're working to retrieve all detailed holding information.