Description

WisdomTree Physical Silver is a UCITS-compliant Exchange Traded Commodity (ETC) designed to provide investors with a straightforward, economical, and secure avenue for exposure to physical silver. Its value directly tracks fluctuations in the silver spot price, accounting for applicable management fees. This ETC is entirely backed by segregated physical silver holdings, which are securely stored by HSBC Bank plc, its designated custodian. The custodian exclusively accepts silver bars that adhere to the rigorous "Good Delivery" standards established by the London Bullion Market Association (LBMA). Each physical bar is individually identified, separated, and specifically assigned. Consequently, if the spot price of physical silver rises or falls by 1% on a particular day, the ETC's value will reflect a comparable 1% change, before factoring in fees.