|
QUICK LINKS
|
The ETFS Asian Gold Trust, ETFS White Metals Basket Trust, ETFS Precious Metals Basket Trust, ETFS Gold Trust, ETFS Silver Trust, ETFS Palladium Trust and ETFS Platinum Trust are not investment companies registered under the Investment Company Act of 1940 or a commodity pool for purposes of the Commodity Exchange Act. Shares of the Trusts are not subject to the same regulatory requirements as mutual funds. These investments are not suitable for all investors. Please read the prospectus carefully before investing.
|
|
|
 |
| | | | |
ETFS Physical Silver Shares (SIVR)
Investment objective
ETFS Physical Silver Shares (SIVR) is designed to offer investors a simple, cost-efficient and secure way to access the precious metals market. SIVR is intended to provide investors with a return equivalent to movements in the silver spot price less fees.
Daily security data
(1) The mid-point of the bid-ask price in relation to the NAV as of the time the NAV is calculated (the “Bid-Asked Price").
(2) The indicative amount of total metal deposit required to create a Basket with 100,000 Shares.
(3) The indicative USD value of total metal deposit required to create a Basket with 100,000 Shares.
 Click here to view the list of allocated metal bars held by the Custodian
Click here for information on how the NAV and Metal Entitlement is determined
Key facts
| Inception date |
07/24/2009 |
| Gross Expense ratio |
0.30% per annum |
| Currency |
USD |
| Minimum investment |
One security |
| Legal Structure |
1933 Act Grantor Trust |
| Underlying metal |
Tracks the physical silver price |
The Sponsor intends to waive a portion of its fee and reduce the sponsor’s fee to 0.30% until July 24, 2010. After July 24, 2010, the Sponsor may renew its fee waiver, waive a larger or smaller portion of its fee or not renew its fee waiver. The Sponsor is under no obligation to continue to waive all or part of the Sponsor’s Fee after the fixed end date of its waiver.
The gross expense ratio is 0.30% per annum.
Trading information
| Exchange |
NYSE ARCA |
| Exchange code |
SIVR |
| Bloomberg code |
SIVR US |
| Reuters code |
SIVR.P |
| CUSIP |
26922X107 |
| ISIN |
US26922X1072 |
| Options Available |
Yes |
Premium/Discount Chart
ETFS Physical Asian Gold Shares are issued by the ETFS Asian Gold Trust. ETFS Physical White Metals Basket Shares are issued by ETFS White Metals Basket Trust. ETFS Physical Precious Metals Basket Shares are issued by the ETFS Precious Metals Basket Trust. ETFS Physical Silver Shares are issued by the ETFS Silver Trust. ETFS Physical Swiss Gold Shares are issued by the ETFS Gold Trust. ETFS Physical Platinum Shares are issued by the ETFS Platinum Trust. ETFS Physical Palladium Shares are issued by the ETFS Palladium Trust.
ETPs = Exchange Traded Products
Important Risks
The value of the Shares relates directly to the value of the precious metal held by the Trusts and fluctuations in the price could materially adversely affect an investment in the Shares. Several factors may affect the price of precious metals, including:
A change in economic conditions, such as a recession, can adversely affect the price of the precious metal held by the Trusts. Some metals are used in a wide range of industrial applications, and an economic downturn could have a negative impact on its demand and, consequently, its price and the price of the Shares;
Investors' expectations with respect to the rate of inflation;
Currency exchange rates;
Interest rates;
Investment and trading activities of hedge funds and commodity funds; and
Global or regional political, economic or financial events and situations. Should there be an increase in the level of hedge activity of the precious metal held by the Trusts or producing companies, it could cause a decline in world precious metal prices, adversely affecting the price of the Shares.
Also, should the speculative community take a negative view towards the precious metal held by the Trusts, it could cause a decline in prices, negatively impacting the price of the Shares.
There is a risk that part or all of the Trusts' physical precious metal could be lost, damaged or stolen. Failure by the Custodian or Sub-Custodian to exercise due care in the safekeeping of the precious metal held by the Trusts could result in a loss to the Trusts. Since there is no limit on the amount of platinum and palladium that the Trust may acquire, the Trust, as it grows, may have an impact on the supply and demand of platinum and palladium.
The Trusts have limited operating history.
Commodities generally are volatile and are not suitable for all investors. Trusts focusing on a single commodity generally experience greater volatility.
This material must be accompanied or preceded by a prospectus. Please read the prospectus carefully before investing. Click here to review the prospectus.
Shares in the Trusts are not FDIC insured and may lose value and have no bank guarantee.
Investors buy and sell shares on a secondary market (i.e., not directly from Trusts). Only market makers or "authorized participants" may trade directly with the Trusts, typically in blocks of 50k to 100k shares.
Carefully consider each Trusts' investment objectives, risk factors, and fees and expenses before investing.
An investment in the trust does not constitute a direct investment in the underlying metal.
ALPS Distributors, Inc. is separate and unaffiliated to Dorsey Wright and Associates. ALPS Distributors, Inc. is the marketing agent for ETFS Silver Trust, ETFS Gold Trust, ETFS Platinum Trust, ETFS Palladium Trust, ETFS Precious Metals Basket Trust, ETFS White Metals Basket Trust and ETFS Asian Gold Trust.
For further discussion of the risks associated with an investment in the Trusts please read the prospectus.
|
|
QUICK LINKS
(09/14/11)
ETF Securities USA LLC (ETFS) today announced that the
total assets under management (AUM) of its U.S.-listed products is now $4.7 billion, which
represents 15% of the firm's new total of roughly $31 billion in AUM worldwide as at the end of
August 2011.
(08/11/11)
ETF Securities USA LLC (ETFS) announced today that on July 29, 2011, its physically-backed platinum ETP (PPLT) was the world's largest in terms of AUM, which stood at $802m. This represented roughly 450k ounces of platinum stored in secure vaults located in London, U.K. and Zurich, Switzerland.
(07/21/11)
ETF Securities has offered U.S. physically-backed precious metal exchange traded products (ETPs) since July 2009. In two years, the firm has grown its U.S. assets under management (AUM) to $4.2 billion as of July 19, 2011.
|
