Overview
Description
Purpose Silver Bullion Fund is an investment vehicle designed to offer investors exposure to physical silver, specifically through holdings of fully allocated silver bullion. Its primary purpose is to provide a convenient way for investors to diversify their portfolios with precious metals, particularly for those seeking to hedge against inflation or economic uncertainty. Notable for its direct physical backing, the fund holds silver in secure, insured vaults, ensuring transparency and trust for investors wary of paper substitutes for actual silver holdings. This fund impacts industries related to precious metals, including mining, refining, and metal trading sectors. Within the financial markets, Purpose Silver Bullion Fund serves a critical role for those looking to participate in the silver market's movements while securing the tangible asset's benefits. Additionally, it provides a more straightforward access point compared to self-purchasing and storing physical silver.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
Canada
MIC code
NEOE