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Thought on Silver ETP (ETPMAG) please

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Thought on Silver ETP (ETPMAG) please

Hi James, Your insights have been extremely helpful in improving my investment returns. Would you please give me your view on the silver ETP "ETPMAG" and would MM have an exposure to silver in one of their portfolios?

Answer

Hi David,

We like the locally traded “ETPMAG” to gain direct exposure to silver as its backed by physical silver and carries no credit risk plus importantly its basically as liquid as the underlying precious metal. Two points to be aware of:

  • Its not currency hedged hence we are effectively investing in silver based on its $A price.
  • The fees are 0.49% pa which we believe is reasonable for the ease it affords investors.
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Global X Physical Silver (ETPMAG)
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