Open for trading is Credit Suisse's Silver Shares Covered Call ETN (SLVO) with annual fee of...

|About: Credit Suisse Silver Sha... (SLVO)|By:, SA News Editor
Open for trading is Credit Suisse's Silver Shares Covered Call ETN (SLVO) with annual fee of 0.65%. The fund is long silver (through the SLV), but forgoes monthly gains in the metal greater than 6%, instead generating income by selling out-of-the-money calls in SLV.