Snakker om SLV. Er ikke noe teoretisk der. Andeler utstedes kun i bytte mot sølv.
Edit:
Fra prospektet:
Creation and redemption … The Trust issues and redeems Baskets on a continuous basis. Baskets are only
issued or redeemed in exchange for an amount of silver determined by the
Trustee on each day that NYSE Arca is open for regular trading. No Shares are
issued unless the Custodian has allocated to the Trust’s account (except for an
unallocated amount of silver not in excess of 1,100 ounces), the corresponding
amount of silver. At the creation of the Trust, a Basket required delivery of
500,000 ounces of silver. The amount of silver necessary for the creation of a
Basket, or to be received upon redemption of a Basket, will decrease over the
life of the Trust, due to the payment or accrual of fees and other expenses or
liabilities payable by the Trust. Baskets may be created or redeemed only by
Authorized Participants, who pay the Trustee a transaction fee for each order to
create or redeem Baskets.
(For å nevne det, så tilsvarer de tillatte 1100unsene med uallokert sølv ca 0,2% av kurvens verdi og er nok omtrent det de tar i forvaltningshonorar.)