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Etfs Physical Silver Shares

Public company ETFS Physical Silver Shares is listed on the NYSE Arca exchange under the ticker symbol SIVR. It is an exchanged-traded fund (ETF) that enables investors to gain exposure to the silver market by holding physical silver bars. Here are some general information and facts about the ETFS Physical Silver Shares:

1. ETFS Physical Silver Shares were listed on the NYSE Arca in April 2011.

2. The fund' =s objective is to reflect the price of silver less the expenses of the trust.

3. The fund is designed to provide institutional and retail investors with a convenient and secure way to access the silver market.

4. The underlying physical silver held by the fund is inspected regularly and kept in secure vaults in London, New York, and Zurich.

5. The fund's custodian, JPMorgan Chase Bank N.A., is responsible for holding the physical silver.

6. The silver bars held by the fund are substantial, have a minimum fineness of 99.9%, and are not be held in a form that can be considered collectibles.

7. Shareholders can trade ETFS Physical Silver Shares throughout the day on an exchange like any other stock, providing liquidity and transparency.

8. The fund's expense ratio is 0.30% per annum.

9. ETFS Physical Silver Shares are backed by physical allocated silver, which means that each share represents ownership in a corresponding amount of physical silver.

10. The fund's shares are traded on a US stock exchange, making it easily accessible to US investors.

Overall, ETFS Physical Silver Shares offer access to the silver market in a secure and convenient way, providing investors with exposure to the price of silver.