ETF Sage
Canadian ETF knowledgebase
ETF Sage
Canadian ETF knowledgebase
This is the non-currency hedge version of SVR.
Unlike SVR, this fund does not employ USD/CAD currency hedging.
The investment objective of the iShares Silver Bullion Fund is to replicate the performance of the price of Silver bullion, less its expenses and fees. The Fund is not actively managed. The iShares Silver Bullion Fund does not anticipate making regular distributions.
The assets of the iShares Silver Bullion Fund consist primarily of physical Silver bullion (the "Portfolio") which the fund purchases and holds in accordance with its investment objective, strategy, policies and restrictions.
The iShares Silver Bullion Fund invests its assets in holdings of unencumbered Silver bullion, in 1000 troy ounce international bar sizes, and will not speculate with regard to short-term changes in Silver prices. This strategy provides investors with the ability to invest in unencumbered Silver bullion in a convenient, tradable and secure manner without the associated inconvenience and high transaction, handling, storage, insurance and other costs typical of direct Silver bullion investment.
All physical Silver bullion owned by the iShares Silver Bullion Fund is stored in the vault facilities of a Canadian Schedule I chartered bank, or an affiliate or a division thereof, on an allocated and segregated basis.
| Fundamentals | |
|---|---|
| Category (main) | Commodity - Silver bullion |
Underlying Index  |
No Index |
| ETF Structure | Passive type. No index. Fund holds physical Silver bullion. * |
| Asset Class |
Commodity - Silver |
| Region |
Not applicable |
| Issuer | iShares Canada by Blackrock |
| ETF Home Page | Available here |
* This is the non-currency hedged version of SVR
| Fund Facts | |
|---|---|
| Inception Date | 4 Mar 2011 |
| Total Holdings |
Physical Silver |
Distribution Frequency  |
Annually |
| Leverage |
None |
| Significant Currency Exposure
|
Yes |
| Currency Hedging
|
No * |
* SVR.C employs no currency hedging. SVR employs currency hedging
| Fees | |
|---|---|
| Management Fee |
0.60% |
| Management Expense Ratio (MER) |
0.66% |
| Trading Information | |
|---|---|
| Ticker | SVR.C |
| Exchange |
TSX (Toronto Stock Exchange) |
| Currency |
CAD |
| Eligibility | |
|---|---|
| Eligibility * |
RRSP, RRIF, RESP, TFSA, DPSP, RDSP |
| DRIP available ** |
Unknown |
| PACC Plan available ** |
Unknown |
| SWP available ** |
Unknown |
* Always check eligibility with your plan operator as plans and accounts can differ
** Not all brokers can facilitate these plans. Check with your broker.
To view the TSX or Morningstar fund page for this ETF click on the Fund Data menu tab or below:
