SSLN

iShares Physical Silver ETC (SSLN) is a physically backed exchange-traded commodity listed on the London Stock Exchange that seeks to track the day-to-day movement of the silver spot price, less fees. The ETC holds allocated silver bullion in custodian vaults and uses physical replication so performance is driven directly by changes in the market price of silver and is exposed to the metal rather than to equity or bond markets. Returns are primarily driven by global supply and demand for silver — industrial and technological demand, investment flows, mine production and inventory changes — and by currency and macroeconomic moves that affect commodity prices. The ETC can be used for tactical or portfolio-level exposure to silver or as a hedge against inflation, but it carries high price volatility, storage/custody and counterparty/limited-recourse risks, and a small ongoing fee (TER 0.20%).