ETPMAG

ETFS Physical Silver
ISIN AU000ETPMAG8

ETFS Physical Silver (ETPMAG) is designed to offer investors a simple, cost-efficient and secure way to access silver by providing a return equivalent to the movements in the silver spot price less the applicable management fee.

ETPMAG is backed by physical allocated silver held by JPMorgan Chase Bank, N.A. (the custodian). Only metal that conforms with the London Bullion Market Association's (LBMA) rules for Good Delivery can be accepted by the custodian. Each physical bar is segregated, individually identified and allocated.

ETPMAG is an Exchange Traded Commodity ("ETC") that can be created and redeemed on demand (by market makers). It trades on the ASX just like an equity, is settled and held in ordinary brokerage accounts, and its pricing and tracking operates similarly to an Exchange Traded Fund. No new securities can be issued until the bullion is delivered to the Custodian's vault. There is no credit risk within this product.

Insights
ETFS Physical Silver
Product Information
NAV Information
NAV/Unit (A$)32.1471
Date (NAV)04 Aug 2020
Currency (NAV)AUD
Shares outstanding5,936,689
AUM (A$)190,847,293.83
Product Information
Fund inception date30 Jan 2009
Management Costs (% p.a.)0.49
Maximum cost recoveries (% p.a.)0.00
Distribution FrequencyNone
Currency HedgedNo
DomicileAustralia
Legal FormRedeemable preference share with an entitlement to metal
SMSF EligibleYes
Vault LocationLondon, UK
Trading Information
Symbols and Trading Hours
ASX CodeETPMAG
Bloomberg CodeETPMAG AU Equity
ISINAU000ETPMAG8
SEDOLB3KMG42
IRESSETPMAG.AXW
Trading hours10:00AM – 4:00PM
Trade Online
Management & Administration
IssuerETFS Metal Securities Australia Limited
CustodianJPMorgan Chase Bank, N.A.
RegistrarComputershare Investor Services Pty Limited
TrusteeGold Bullion Nominees
Benchmark Information
BenchmarkLBMA Silver Price
TickerSLVRLN
Performance
Announcements
Resources