New ETC from WisdomTree on Xetra: access to the precious metal silver
New ETC from WisdomTree on Xetra: access to the precious metal silver
Since today, a new exchange-traded commodity issued by WisdomTree has been tradable via Xetra and Börse Frankfurt.
The WisdomTree Core Physical Silver ETC offers investors an easy and cost-effective way to invest in the silver commodity. The exchange-traded commodity is a debt security that allows investors to benefit from silver’s price movements without physically owning the metal.
The product is physically backed by silver, with bullion held by HSBC Bank as the custodian. All silver deposits meet the good delivery standards set by the London Bullion Market Association (LBMA).
Name | Asset class | ISIN | Ongoing charges | Reference index |
WisdomTree Core Physical Silver ETC | ETC | 0.19 per cent | WisdomTree Physical Silver Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,189 ETFs, 193 ETCs and 243 ETNs. With this selection and an average monthly trading volume of around €17 billion, Xetra is the leading trading venue for ETFs in Europe.