ETF provider HANetf has launched a silver-focused ETF in partnership with Toronto-headquartered Sprott Asset Management, offering investors exposure to both silver mining companies and the physical metal.
The Sprott Silver Miners & Physical Silver Ucits ETF will invest in a portfolio of companies across the silver industry, including producers, developers and explorers, alongside an allocation to physical silver via the Sprott Physical Silver Trust.
The ETF combines exposure to upstream mining equities with holdings in the underlying commodity.
Silver unlikely to outperform gold from here
Hector McNeil, co-founder and co-CEO of HANetf, commented: “We’re delighted to see Sprott expand their range with the launch of the Sprott Silver Miners & Physical Silver Ucits ETF. Silver is a uniquely positioned asset, combining characteristics of both a precious metal and a critical industrial material, with growing relevance across areas such as solar energy, electrification, AI, automotive technology, and healthcare.
By offering exposure to silver miners alongside physical silver itself, the fund aims to provide investors with a differentiated way to access the silver theme through a single Ucits ETF. The Sprott range uniquely combines equities and physical commodities inside a single ETF. It’s exciting to add silver alongside the Uranium and Copper ETFs that similarly blend the physical metal and equities.”
Steve Schoffstall, managing partner and head of ETFs at Sprott, commented: “Being a critical material for some of the most essential developing technologies around the world while also holding monetary value as a precious metal make silver an attractive investment opportunity, the fund combines exposure to pure-play silver miners and physical silver in the convenience of a single ETF, and we’re excited to now offer the strategy outside of North America.”
