Global X Physical Silver
AU000ETPMAG8
Global X Physical Silver/ AU000ETPMAG8 /
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: |
-
|