Overview
Description
The Global X Silver Miners UCITS ETF USD Accumulating is an exchange-traded fund that provides targeted exposure to a diversified portfolio of companies engaged in the exploration, mining, and refining of silver on a global scale. This ETF tracks the Solactive Global Silver Miners index, representing firms primarily within the basic materials sector, such as Pan American Silver, Wheaton Precious Metals, and Coeur Mining, which collectively account for a significant portion of the fund’s assets. Geographically, the ETF has a broad international reach, with major holdings in Canada, the United States, Mexico, and South Korea. It uses a full physical replication strategy, meaning the fund directly holds all components of the underlying index, and operates on an accumulating basis, reinvesting all income received rather than distributing dividends. With a fund size of approximately EUR 734 million and a total expense ratio of 0.65% per annum, it serves investors seeking exposure to the silver mining industry as a way to participate in commodity-driven equity performance. The ETF is compliant with UCITS regulations and is domiciled in Ireland, reflecting high standards for investor protection and fund governance.
About
Instrument type
ETF
Country
Germany
MIC code
XMUN