asset_category:
peer_benchmark:
broad_market_index:
manager_contact_details: Array
ticker: ETPMAG
release_schedule:
structure: ETF
commentary_block:
factsheet_url:
fund_features:
ETFS Physical Silver is an exchange traded product (ETP) that can be created and redeemed on demand (by Authorised Participants). It trades on the stock exchange just like a share and is settled and held in ordinary brokerage accounts. It offers investors a simple, cost-efficient and secure way to access silver by providing a return equivalent to the Australian dollar price movement of silver less a daily management fee.
- It is backed by physically allocated silver bullion held by JPMorgan Chase Bank, N.A. (the Custodian) in London.
- Only metal that conforms with the London Bullion Market Association’s (LBMA) rules for Good Delivery is accepted by the custodian.
- Each physical bar is segregated, individually identified and allocated which means there is no credit risk. Investors can choose to redeem units for the physical holdings.