The PureFunds ISE Junior Silver ETF (SILJ) was created to bring silver exploration and mining exposure of small cap companies to institutional and retail investors alike. These companies are looking for the next big silver deposit and can benefit from the discovery of a new deposit, production of metal rich mines, or becoming a takeover target. SILJ is the first pure-play ETF to exclusively hold silver explorers and junior silver producers.

For over 4,000 years, silver has been used as a currency. Due to silver's many special elemental properties -highest electrical conductivity, highest thermal conductivity, and lowest contact resistance of all metals- silver has become an essential input into many products made and used today. As a result, above ground stockpiles of refined silver have been depleting. The resulting strong demand in recent years for silver as an alternative currency, an investment metal, and an industrial metal has increased the need to bring more metal into production. We believe the increased demand for silver should benefit the companies that discover new economic silver deposits or produce the sought after metal.

The Fund seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the ISE Junior Silver (Small Cap Miners/Explorers) Index.

Fund Prices September 02, 2015

NAV   MARKET PRICE
Net Asset Value $5.38   Closing Price $5.46
Daily $ Change -$0.13   Daily $ Change $0.23
Daily % Change -2.28%   Daily % Change 4.40%

Month End Performance July 31, 2015

  1 Month 3 Month 6 Month 1 Year QTD YTD Since Inception
Market Value % -19.83% -21.86% -29.94% -57.13% -19.83% -29.51% -37.09%
NAV % -20.47% -22.98% -30.97% -57.30% -20.47% -30.72% -37.21%

Quarter End Performance June 30, 2015

  1 Month 3 Month 6 Month 1 Year QTD YTD Since Inception
Market Value % -3.25% 1.93% -12.08% -46.15% 1.93% -12.08% -32.51%
NAV % -4.60% 2.75% -12.89% -46.19% 2.75% -12.89% -32.44%

Performance is annualized for periods greater than 1 year.

Short term performance, in particular, is not a good indication of the fund's future performance, and an investment should not be made based solely on returns.

Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance of the Funds may be lower or higher than the performance quoted. All performance is historical and includes reinvestment of dividends and capital gains. Performance data current to the most recent month end may be obtained by calling 877-756-PURE.

Top Ten Holdings September 02, 2015

Name % Total Net Assets Ticker Shares Held Market Value USD
MAG SILVER CORP COM 14.19 MAG CN 71097 495938.40
FIRST MAJESTIC SILVER CORP 10.01 AG 111462 349990.68
FORTUNA SILVER MINES INC COM 9.35 FVI CN 145028 326654.40
MANDALAY RES CORP COM 9.09 MND CN 527371 317813.03
HOCHSCHILD MINING 6.51 HOC LN 220385 227639.10
SILVER STANDARD RESOURCES 6.36 SSO CN 35633 222253.29
ENDEAVOUR SILVER CORP 4.84 EXK 103727 169075.01
GREAT PANTHER SILVER LTD 4.69 GPL 410488 163866.81
SABINA GOLD & SILVER CORP COM 4.55 SBB CN 585975 158908.47
SILVERCREST MINES, INC. 4.45 SVL CN 181155 155568.14

Download All Holdings (.csv)

Fund holdings and sector allocations are subject to change at any time and should not be considered recommendations to buy or sell any security.

 

The ISE Junior Silver (Small Cap Miners/Explorers) Index is designed to reflect the performance of small-capitalization companies involved in the silver industry, including companies that mine, explore and refine silver. The stocks are screened for liquidity and weighted according to modified free-float market capitalization. The Index generally is comprised of 20-30 securities. The Index was created and is maintained by ISE Indexes. An investment cannot be made directly in an index.

Premium/Discount to NAV Period Covered 1/1/2015 through 6/30/2015

PREMIUM/DISCOUNT RANGE NUMBER OF TRADING DAYS % OF TOTAL TRADE DAYS
1.50% or more 9 7.26%
1.25% to 1.499% 9 7.26%
1.00% to 1.2499% 12 9.68%
0.75% to 0.999% 11 8.87%
0.50% to 0.749% 14 11.29%
0.25% to 0.499% 10 8.06%
0.00% to 0.249% 17 13.71%
-0.001% to -0.249% 7 5.65%
-0.25% to -0.499% 13 10.48%
-0.50% to -0.749% 8 6.45%
-0.75% to -0.999% 5 4.03%
-1.00% to -1.2499% 4 3.23%
-1.25% to -1.499% 1 0.81%
-1.50% or more 4 3.23%
Total 124 100.00%

Premium/Discount to NAV Period Covered 1/1/2014 through 12/31/2014

PREMIUM/DISCOUNT RANGE NUMBER OF TRADING DAYS % OF TOTAL TRADE DAYS
1.50% or more 19 7.54%
1.25% to 1.499% 9 3.57%
1.00% to 1.2499% 19 7.54%
0.75% to 0.999% 15 5.95%
0.50% to 0.749% 30 11.90%
0.25% to 0.499% 33 13.10%
0.00% to 0.249% 34 13.49%
-0.001% to -0.249% 26 10.32%
-0.25% to -0.499% 30 11.90%
-0.50% to -0.749% 15 5.95%
-0.75% to -0.999% 13 5.16%
-1.00% to -1.2499% 3 1.19%
-1.25% to -1.499% 6 2.38%
-1.50% or more 0 0.00%
Total 252 100.00%

Premium/Discount to NAV Period Covered 11/28/2012 through 9/30/2013

PREMIUM/DISCOUNT RANGE NUMBER OF TRADING DAYS % OF TOTAL TRADE DAYS
1.50% or more 42 19.91%
1.25% to 1.499% 5 2.37%
1.00% to 1.2499% 12 5.69%
0.75% to 0.999% 13 6.16%
0.50% to 0.749% 26 12.32%
0.25% to 0.499% 18 8.53%
0.00% to 0.249% 19 9.00%
-0.001% to -0.249% 8 3.79%
-0.25% to -0.499% 14 6.64%
-0.50% to -0.749% 7 3.32%
-0.75% to -0.999% 5 2.37%
-1.00% to -1.2499% 7 3.32%
-1.25% to -1.499% 13 6.16%
-1.50% or more 22 10.43%
Total 211 100.00%

Premium/Discount to NAV Period Covered 10/1/2013 through 9/30/2014

PREMIUM/DISCOUNT RANGE NUMBER OF TRADING DAYS % OF TOTAL TRADE DAYS
1.50% or more 28 11.11%
1.25% to 1.499% 8 3.17%
1.00% to 1.2499% 20 7.94%
0.75% to 0.999% 17 6.75%
0.50% to 0.749% 30 11.90%
0.25% to 0.499% 32 12.70%
0.00% to 0.249% 35 13.89%
-0.001% to -0.249% 25 9.92%
-0.25% to -0.499% 28 11.11%
-0.50% to -0.749% 12 4.76%
-0.75% to -0.999% 9 3.57%
-1.00% to -1.2499% 3 1.19%
-1.25% to -1.499% 4 1.59%
-1.50% or more 1 0.40%
Total 252 100.00%

Shareholders may pay more than NAV when they buy Fund shares and receive less than NAV when they sell those shares, because shares are bought and sold at current market prices. The data presented represents past performance and cannot be used to predict future results.