iShares Silver Trust — Investor Relations & Filings

The iShares Silver Trust is a grantor trust designed to provide investors with a convenient and cost-effective method to gain exposure to the price of silver. The Trust's objective is to reflect the performance of the price of silver bullion, less its expenses. To achieve this, the Trust holds physical silver bullion in secure vaults. Each share of the Trust represents a fractional, undivided beneficial interest in the net assets of the Trust, which consist primarily of the silver held by a custodian. This structure allows investors to access the silver market without the logistical challenges associated with the purchase, storage, and insurance of physical metal. The investment is often used for portfolio diversification or as a potential hedge against inflation.