Invesco Physical Silver ETC

Invesco Physical Silver ETC seeks to track the spot silver price through an exchange-traded certificate backed by physical silver bullion. The ETC is secured by silver held in J.P. Morgan Chase Bank’s London vaults, and its value is linked to the LBMA Silver Price, the recognised benchmark for silver, quoted in US dollars per troy ounce. It uses a physical replication approach, with silver bullion held in an allocated account in the issuer’s name and maintained at least to the full value of the certificates. In short, the product gives investors direct exposure to silver through bullion held on their behalf rather than through a conventional securities portfolio.