NAV23/08/2024 Chg.-0.2100 Type of yield Investment Focus Investment company
40.3700AUD -0.52% - ETC Worldwide Global X Metal Sec. 

Investment strategy

ETPMAG invests in silver bullion bars which are vaulted in London on behalf of holders. It aims to offer a return equivalent to the movements in the Australian dollar price of silver, less the annual management fee. ETPMAG is an exchange traded product that trades on the stock exchange just like a share and is settled and held in ordinary brokerage accounts. Each ETPMAG share entitles the holder to an amount of physical silver bullion held by the custodian, JPMorgan Chase Bank, N.A. in London. The bullion adheres to global silver quality standards as per the London Bullion Market Association's (LBMA) rules for Good Delivery. Each physical bar is segregated, individually identified and allocated which means there is no credit risk to the custodian.
 

Investment goal

ETPMAG invests in silver bullion bars which are vaulted in London on behalf of holders. It aims to offer a return equivalent to the movements in the Australian dollar price of silver, less the annual management fee.
 

Master data

Type of yield: -
Funds Category: ETC
Region: Worldwide
Branch: ETC Commodities
Benchmark: Silver Price
Business year start: 01/01
Last Distribution: -
Depository bank: JPMorgan Chase Bank, N.A.
Fund domicile: Australia
Distribution permission: -
Fund manager: -
Fund volume: -
Launch date: 02/01/2009
Investment focus: -

Conditions

Issue surcharge: 0.00%
Max. Administration Fee: 0.49%
Minimum investment: 1.00 AUD
Deposit fees: -
Redemption charge: 0.00%
Key Investor Information: -
 

Investment company

Funds company: Global X Metal Sec.
Address: -
Country: -
Internet: -
 

Countries

Global
 
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