Sprott Physical Silver Trust

Sprott Physical Silver Trust is a closed-end trust designed to invest and hold substantially all its assets in physical silver. The primary purpose of this trust is to provide investors with a secure and convenient way to gain exposure to the price movements of silver bullion. Sprott Physical Silver Trust holds its silver in 1,000-ounce bars stored in secure Canadian storage facilities, which is regularly audited to ensure its integrity and transparency. This asset is particularly noted for offering investors a physical redemption feature, allowing holders to exchange their trust units for physical silver, adding a layer of tangibility to their investment. Sprott Physical Silver Trust is significant in the financial markets, as it provides a vehicle for investors seeking to diversify their portfolios with a focus on precious metals, specifically targeting those interested in a hedge against inflation or currency fluctuations.