Invesco Physical Silver ETC - USD Stock

The Invesco Physical Silver ETC aims to provide the performance of the spot silver price through certificates collateralised with silver bullion. Each Silver ETC is a certificate which is secured by silver bullion held in J.P. Morgan Chase Bank's London vaults. The Issuer of the certificates, Invesco Physical Markets PLC (Invesco PMP), is an Irish-domiciled company administered by Wells Fargo Bank N.A. The vast majority of silver bullion is held in allocated silver bars. Any residual value that cannot be split into standard silver bars will be put into unallocated silver. This is placed in a segregated account with J.P. Morgan Chase Bank acting as Custodian and Deutsche Bank as Trustee. The investment return is achieved by holding silver bullion which is valued daily at the London fixing price. Invesco ETCs are exchange traded certificates and not funds or exchange traded funds.