Commodity

SSLN

iShares Physical Silver ETC

  • NAV as of 21/Nov/2024 USD 29.66
    52 WK: 21.12 - 32.95
  • 1 Day NAV Change as of 21/Nov/2024 0.19 (0.63%)
  • NAV Total Return as of 20/Nov/2024 YTD: 29.53%

Overview

WHY SSLN?

  1. Targeted exposure to the silver spot price
  2. Direct investment into silver
  3. Single commodity exposure

INVESTMENT OBJECTIVE

The ETC seeks to track the return of the silver spot price

Important Information: Capital at Risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested.

Important Information: The value of your investment will vary and your initial investment amount cannot be guaranteed, The securities issued by iShares Physical Metals plc are limited recourse obligations which are payable solely out of the underlying secured property. If the secured property is insufficient any outstanding claims will remain unpaid. ETCs will seek exposure to a limited number of market sectors. Compared to investments which spread investment risk more generally through a variety of sectors, price movements may have a greater effect on the overall value of the investment. Precious metal prices are generally more volatile than most other asset classes, making investments riskier and more complex than other investments.
ETCs trade on exchanges like securities and are bought and sold at market prices which may be different to the net asset values of the ETCs.

The index is not a benchmark within the meaning of Regulation (EU) 2016/1011.

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Performance

Performance

Chart

View full chart

The figures shown relate to past performance. Past performance is not a reliable indicator of future results and should not be the sole factor of consideration when selecting a product or strategy.

Share Class and Benchmark performance displayed in USD, hedged fund benchmark performance is displayed in USD.

Performance is shown on a Net Asset Value (NAV) basis, with gross income reinvested where applicable. Performance data is based on the net asset value (NAV) of the ETF which may not be the same as the market price of the ETF. Individual shareholders may realize returns that are different to the NAV performance.

The return of your investment may increase or decrease as a result of currency fluctuations if your investment is made in a currency other than that used in the past performance calculation. Source: Blackrock

This chart shows the fund's performance as the percentage loss or gain per year over the last 10 years.

  2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Total Return (%) -18.4 -13.8 17.0 3.4 -8.7 16.2 46.2 -13.0 3.5 -0.8
Index (%) -18.1 -13.5 17.5 3.8 -8.3 16.7 46.8 -12.8 3.7 -0.6
  From
30/Sept/2019
To
30/Sept/2020		 From
30/Sept/2020
To
30/Sept/2021		 From
30/Sept/2021
To
30/Sept/2022		 From
30/Sept/2022
To
30/Sept/2023		 From
30/Sept/2023
To
30/Sept/2024
Total Return (%)

as of 30/Sept/2024

36.95 -9.46 -11.81 21.08 34.40
Index (%)

as of 30/Sept/2024

37.50 -9.27 -11.64 21.32 34.67
  1y 3y 5y 10y Incept.
Total Return (%) 44.49 11.62 12.95 7.22 -1.66
Index (%) 44.78 11.84 13.22 7.56 -1.32
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
Total Return (%) 40.96 8.07 17.55 25.89 44.49 39.06 83.84 100.83 -20.26
Index (%) 41.19 8.09 17.61 26.02 44.78 39.90 86.04 107.35 -16.48

The figures shown relate to past performance. Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past

Share Class and Benchmark performance displayed in USD hedged Share Class Benchmark performance is displayed in USD.

Performance is shown on a Net Asset Value (NAV) basis, with gross income reinvested where applicable. Performance data is based on the net asset value (NAV) of the ETC which may not be the same as the market price of the ETC. Individual shareholders may realize returns that are different to the NAV performance.

The return of your investment may increase or decrease as a result of currency fluctuations if your investment is made in a currency other than that used in the past performance calculation. Source: Blackrock

Key Facts

Key Facts

Net Assets of Fund
as of 21/Nov/2024
USD 1’120’185’516
Fund Base Currency
USD
Index
LBMA Silver Price
Tonnes in Trust
as of 21/Nov/2024
1’121.58
Daily Metal Entitlement per Security
as of 21/Nov/2024
0.954697898
ISIN
IE00B4NCWG09
Domicile
Ireland
Rebalance Frequency
None
UCITS Compliant
No
Issuing Company
iShares Physical Metals plc
Administrator
State Street Bank and Trust Company
Fiscal Year End
30 April
Valor
12881547
Fund Launch Date
08/Apr/2011
Asset Class
Commodity
Shares Outstanding
as of 21/Nov/2024
37’770’490
Ounces in Trust
as of 21/Nov/2024
36’059’407.41
Total Expense Ratio
0.20%
Use of Income
No Income
Product Structure
Physical metal
Methodology
Physical Replication
UCITS Eligible
Yes
Fund Manager
BlackRock Advisors (UK) Limited
Custodian
JPMorgan Chase Bank N.A., London Branch
Bloomberg Ticker
SSLN LN

Portfolio Characteristics

Portfolio Characteristics

Index Level
as of 21/Nov/2024
USD 3’106.50
Index Ticker
SLVRLN

Ratings

Registered Locations

Registered Locations

  • Austria

  • Belgium

  • Denmark

  • Finland

  • France

  • Germany

  • Ireland

  • Italy

  • Luxembourg

  • Netherlands

  • Norway

  • Singapore

  • Spain

  • Sweden

  • United Kingdom

Listings

Listings

Exchange Ticker Currency Listing Date SEDOL Bloomberg Ticker RIC WKN
London Stock Exchange SSLN GBP 11/Apr/2011 B425ZM7 SSLN LN SSLN.L A1KWPR
London Stock Exchange ISLN USD 11/Apr/2011 B4NCWG0 ISLN LN ISLN.L -
Bolsa Mexicana De Valores ISLN MXN 06/Mar/2024 BPBJWK4 ISLNN MM ISLNN.MX -

PRIIPs Performance Scenarios

PRIIPs Performance Scenarios

The EU Packaged Retail and Insurance-Based Products Regulation (PRIIPs) prescribes the calculation methodology, and publication of the outcomes, of four hypothetical performance scenarios regarding how the product may perform under certain conditions and for such to be published on a monthly basis. The figures shown include all the costs of the product itself, but may not include all the costs that you pay to your advisor or distributor. The figures do not take into account your personal tax situation, which may also affect how much you get back. What you will get from this product depends on future market performance. Market developments in the future are uncertain and cannot be accurately predicted. The unfavourable, moderate, and favourable scenarios shown are illustrations using the worst, average, and best performance of the product, which may include input from benchmark(s) / proxy, over the last ten years.
Recommended holding period : 5 years
Example Investment USD 10’000
Scenario
If you exit after 1 year
If you exit after 5 years

Minimum

There is no minimum guaranteed return. You could lose some or all of your investment.

Stress

What you might get back after costs
Average return each year
5’120 USD
-48.8%
1’030 USD
-36.5%

Unfavourable

What you might get back after costs
Average return each year
7’450 USD
-25.5%
8’230 USD
-3.8%

Moderate

What you might get back after costs
Average return each year
10’300 USD
3.0%
13’940 USD
6.9%

Favourable

What you might get back after costs
Average return each year
17’180 USD
71.8%
21’320 USD
16.3%

The stress scenario shows what you might get back in extreme market circumstances.



Literature

Literature