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PHAG Wt Phys Silv

29.175
-0.38 (-1.29%)
27 Sep 2024 - Closed
Delayed by 15 minutes
Etf Name Etf Symbol Market Stock Type
Wt Phys Silv PHAG London Exchange Traded Fund
  Price Change Price Change % Etf Price Last Trade
-0.38 -1.29% 29.175 16:35:01
Open Price Low Price High Price Close Price Previous Close
29.23 29.05 29.62 29.175 29.555
more quote information »

Wt Phys Silv PHAG Dividends History

No dividends issued between 30 Sep 2014 and 30 Sep 2024

Top Dividend Posts

Top Posts
Posted at 17/5/2024 11:48 by cassini
PHSP is the GBP version of PHAG by the way.
Posted at 20/4/2024 14:35 by davebowler
Silver to gold radio is greater than 80 times, surely a buying signal for silver via PHAG especially if we are in a precious metals bull market.
Posted at 10/4/2024 13:56 by cassini
Are PHAG/PHSP shares based 1:1 on the price of silver?

I don't know, but let's say they are or rather, were, when the ETF was launched, firstly they charge a fee of 0.49%/p.a. so from 2007 that's about 8.5% knocked off the price.

I know that's a bit of over-simplification there, but that's my guess.

These PM ETFs things are OK to hold for short to medium periods, but the charges add up over the long run.
Posted at 10/4/2024 12:56 by spracklin
Hi guys, I'm holding PHAG, overpaid a bit some months back but it's thankfully in profit now.

thing is the quoted price is $25.86 dollars c.£18 but on MarketScreener the spot price is $28. Where's the extra $2 gone? Perhaps I've missed something.

thanks in adv.

hxxps://uk.marketscreener.com/quote/commodity/SILVER-16221/
Posted at 16/2/2021 15:13 by waikenchan
I don't get it. Why would pslv be up and phag be down. I thought phag like pslv was physically allocatedand would share the same charactisitcs.
Posted at 03/2/2021 10:57 by waikenchan
Is phag comparable to pslv. I can't find much on the wisdomtree silver etf.
Posted at 23/6/2020 11:41 by hector_p
PHAG looks set to take off in the coming weeks. Silver too.
Posted at 19/2/2016 17:13 by k mon
HOC : FRES : LSG [Lakeshore Gold] HGM [Gold] NEM [Newmont mining]
RRS : SSL [sandstorm Gold - not a miner - but an outfit that engages in mine funding and has acquired some good leverage on the future outputs of quite a few mines] - hard to find - its a US listing.
Also added some BRWM. (not so sure about that - but the NAV discount

- I know it's probably too heavily weighted towards miners at the moment - but I've been waiting patiently for some time, for the currency / Bank shoe to drop.

[Also hold some ETF's - long JPY short GBP (JPP3) and others - just for a bit of Fun. - had a nice little ride short on the Russell [SRTY]
and Banks - [XS7S] over the past couple of weeks.

- been a good year so far - and about time too as last year was dire.
apart from a few minor equities

[I'm too young to play the Dividend income game - so a bit of risk is not so bad. - will switch to income / dividend providers later - when I get my slippers.]

I know - I'm mostly a momentum player - but there's more to it than just jumping on a bandwagon - patience & waiting is most of it - & then jump on & hold on when ready.

Personally - I think there is a large wealth transfer operation going on behind the scenes - currently no-one really knows where Value really is, so the only

Finally - I would be prepared to stay Cash - or Physical for quite some time - because, if things do blow up - Governments may start re-nationalising assets - including mines, as a last resort.

- Bond markets are probably the next area that will feel the jitters [EU has announced that Sovereign Bonds are no longer to be considered RISK FREE. - That is a big change in perspective & will send a shock through that system in the next few weeks - months.]

-Advise only of course - do remember - I'm writing from a building site - so if you want reliable Structural / Engineering advice - I'm your man - But financial advice - is a point of view only. - but then - that seems to be what economics has become - just Opinions.

:0)
Posted at 04/9/2014 14:39 by nigelwestm
Just topped up with my PHAG holding. ECB lowering interest rates and effectively money printing with this asset-backed securities programme, suggests that paper money is about to get a lot cheaper!!
Posted at 31/8/2011 21:54 by dorset64
I'm not too sure the chap you spoke to knew what he was on about, or at least it appears that he doesn't from their own paperwork, as this states they hold the physical stuff.
-------------------------------------------------------------------

ETFS Physical Silver
Investment objective

ETFS Physical Silver (PHAG) is designed to offer investors
a simple, cost-efficient and secure way to access the
silver market by providing a return equivalent to
movements in the silver spot price less the relevant
management fees.

About the security
PHAG is a Transferable security that can be created or
redeemed on demand (by market-makers). It trades on
the Exchange just like an equity and its pricing and
tracking operate similar to an Exchange Traded Fund.
PHAG is backed by physical allocated metal held by the
Custodian (HSBC Bank USA N.A.). All physical silver
metal held with HSBC conform to the London Bullion
Market Association's (LBMA) rules for Good Delivery.

Key features
 Tracks the price of silver, not a portfolio of equities
 Simple to trade on a major stock exchange
 Settled and held in ordinary brokerage accounts
 Transparent tracking with clear pricing
 Backed by physical, allocated metal
 Provides additional portfolio diversification
 Able to short, and margin eligible

About the pricing
Each individual ETFS Physical Silver Security has an
effective entitlement to silver, and that entitlement
changes daily to reflect the accrual of the management
fee. Authorised participants create and redeem ETFS
Physical Silver securities by delivering or receiving silver
that conforms to the LBMA good delivery standards. ETFS
Physical Silver securities are traded on exchange with a
price that is based on the spot price of silver multiplied
by the applicable metal entitlement.

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