SPDR Portfolio Short Term Treasury ETF T.SST.U

Primary Symbol: SPTS

The investment seeks to provide investment results that correspond generally to the price and yield performance of the Bloomberg Barclays 1-3 Year U. The fund invests at least 80%, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to measure the performance of short term (1-3 years) public obligations of the U.S. Treasury.

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SPDR Portfolio Short Term Treasury ETF > SLW vs SST

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Comment by MontyHighon Dec 19, 2008 8:53pm

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Post# 15658875

RE: SLW vs SST

My understanding is that SLW is not nearly as exposed to mine closure, but it has so much debt it gets in trouble (breaks debt covenants) on the price of silver being under $10.50 and they can't make their debt payments on $8 silver.

So, that's why SLW is so heavily leveraged to price of silver where it is now.

MontyHigh

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