Gold, Silver, Platinum
VelocityShares’ metals exchange traded product suite includes leveraged long and inverse positions in futures on gold, silver, and platinum, as measured by the S&P GSCI indices. While institutional investors have available a variety of instruments (such as futures, swaps, and forwards) to express views on metals, this suite of exchange traded products provides a convenient alternative with unique capabilities.
These products provides institutional investors an exchange traded instrument for managing risk or expressing short-term market views. The long products are designed to increase in value by a daily-resetting 2x or 3x multiple of any increase in the underlying index, while the inverse products are designed to increase in value by a daily-resetting 2x or 3x multiple of any decrease in the underlying index. For example, an investor interested in being “short silver” could express this view with the inverse silver ETN DSLV.