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ProShares Short SmallCap600 T.SBB


Primary Symbol: SBB

The investment seeks daily investment results that correspond to the inverse (-1x) of the daily performance of the S&P SmallCap 600 Index. The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. The index is a measure of small-cap company U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 600 U.S. operating companies selected through a process that factors in criteria such as liquidity, price, market capitalization, financial viability and public float. The fund is non-diversified.


ARCA:SBB - Post by User

Bullboard Posts
Comment by zentrarianNZon Nov 01, 2013 5:37pm
219 Views
Post# 21869965

RE:SGSVG, SBB.TO or T.SBB?

RE:SGSVG, SBB.TO or T.SBB?I'm not an expert but IMO, the only real disadvantage you have is the potential lack of liquidity of SGSVF vs. SBB, especially if you decide get out in a hurry. (OTOH, I suspect some mining stocks have so many U.S. investors that they are traded more on the OTC than the TSE.)

I'm in NZ and buy through Schwab, and have never had a problem with it. In fact, Schwab has usually given me a better price on SGSVF than the discount brokers would have on SBB (after, of course, accounting for the currency difference). Many Canadian mining stocks now on the NYSE started out trading only via the OTC in the U.S., and I'm sure Sabina will follow them, provided it is successful or isn't bought out in the interim. If you can trade SBB directly on the TSE, that is probably the best way to go. But otherwise, I wouldn't worry about the OTC unless you are trading penny stocks or companies that aren't listed on any recognized major exchange like the TSE.
Bullboard Posts