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iShares Silver Bullion Fund - SVR.C

ETF Overview

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.

Investment Strategy

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.

Key ETF Data

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

Management Fee 0.60%
Management Expense Ratio (MER) 0.66%
Trading Information
Ticker SVR.C
Exchange TSX (Toronto Stock Exchange)
Currency CAD
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.

Current Price, Fund Performance, Yield, NAV, Charts etc

To view the TSX or Morningstar fund page for this ETF click on the Fund Data menu tab or below:

ETF at TMX ETF at Morningstar