| Investment Objective: |
Sprott Silver Miners & Physical Silver ETF is the only ETF focused on providing pure-play exposure to silver miners and physical silver, a critical material with value both as a precious metal and in evolving industrial and technological uses. SLVR seeks to provide investment results that (before fees and expenses) correspond generally to the total return performance of the Nasdaq Sprott Silver Miners Index (NSLVR) by investing at least 80% of its total assets in securities of NSLVR. The Index is designed to track the performance of: (i) companies that derive at least 50% of their revenue and/or assets from mining, production, development, or exploration of silver ("Silver Mining Companies"); and (ii) publicly traded closed-end trusts that invest 50% or more of their assets in physical silver ("Silver Trusts"). The Index generally consists of 30 to 50 constituents. While the Fund will invest at least 80% of the value of its total assets in securities of the Index, it is also has the policy to invest at least 80% of the value of its total assets in Silver Mining Companies and Silver Trusts. |
