Product description

The Source Physical Silver P-ETC aims to provide the performance of the spot silver price through certificates collateralised with silver bullion. Each Silver P-ETC is a certificate which is secured by silver bullion held in J.P. Morgan Chase Bank's London vaults. The Issuer of the certificates, Source Physical Markets PLC (Source PMP), is an Irish-domiciled company administered by Wells Fargo Bank N.A. The vast majority of silver bullion is held in allocated silver bars. Any residual value that cannot be split into standard silver bars will be put into unallocated silver. This is placed in a segregated account with J.P. Morgan Chase Bank acting as Custodian and Deutsche Bank as Trustee. The investment return is achieved by holding silver bullion which is valued daily at the London fixing price. Source P-ETCs are exchange traded certificates and not funds or exchange traded funds.

Trading information

London Stock Exchange
Trading currency USD
Settlement period T+2
Exchange ticker SSLV
Bloomberg ticker SSLV LN
Reuters ticker SSLV.L
Sedol B66SS94
Today (25 Apr 2017)
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Key information

Bloomberg ticker SSLV LN
Benchmark BBG ticker SLVRLN
Fixed fee 0.39%
CV (24 Apr 2017) $17.40
Total assets outstanding $74,995,122

The performance information on this web page refers to past performance. Past performance is not a reliable indicator of future returns.

The data shown on this page is not real-time, i.e. it may be delayed due to mandatory requirements of the data provider. As a consequence, the price of the product linked to a specific underlying you are quoted by your broker or intermediary may substantially differ from the price of the product that you would expect on the basis of the data displayed on this site. Source UK Services Limited accepts no responsibility for loss, however caused, resulting from errors in this data.

1. The daily precious metal entitlement is the amount of Fine Troy oz that is held as collateral for each certificate and decreases by the management fee which accrues daily. The total precious metal held is only reduced over a month when precious metal is sold to pay fees. The precious metal entitlement takes fees into account on a daily basis.
2. Total precious metal data up to date with last precious metal bar list appended to website.