Global Palladium Fund: Big increase in investor demand for silver ETCs

Global Palladium Fund: Big increase in investor demand for silver ETCs

Commodities
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Global Palladium Fund (GPF), which has recently listed four physically-backed metal Exchange Traded Commodities (ETCs) - including one that tracks the spot price of silver - with the lowest charges in Europe, says it has seen a growth in investor interest in silver ETCs as the price of the metal hits an eight-year high.

Professional investors remain bullish on the price of silver as new GPF research [1] with institutional investors and wealth managers revealing that they expect silver to rise during the course of the year and. 76% of professional investors expect their allocation to sliver to increase this year.

Alexander Stoyanov, Chief Executive Officer of GPF, said: “In the past few days, the price of silver has sky-rocketed, but our research shows that professional investors are optimistic about the long-term outlook for the metal.  Silver is used in many industrial applications, and activity here is likely to increase as the world recovers from the global pandemic lockdown.  This will be positive for the price of silver.”

NTree International Ltd, a specialist in marketing, distribution and investor engagement, is leading the distribution and rollout of the products. NTree has set up a dedicated brand, Metal.Digital, as an education resource for professional investors with a focus on metals.

Hamad Ebrahim, Head of Research at NTree, said: “Although silver has recently seen a big jump in its over a very short period of time, investors need to take a long-term view. Any surge in industrial activity later this year as we emerge from the pandemic would be very constructive for silver especially given its growing role in green energy production.”

Global Palladium Fund’s (GPF) new ETCs are listed on the Deutsche Börse and London Stock Exchange and have the lowest charges with total expense ratios (TER) ranging from 0.145% to 0.20%. Targeting Family Offices, wealth managers, institutional and other professional investors, the new physically-backed gold, silver, platinum and palladium ETCs will track the spot price of the respective metals they cover. 

The ETCs have a strong focus on ESG. LBMA-approved metal will be sourced from producers and suppliers who support the Sustainable Development Goals of the UN 2030 Agenda and other global initiatives in sustainable development and responsible mining.

GPF is also the first to use Blockchain technology to record bar information into Distributed Ledger Technology, thereby providing an extra layer of security and proof of ownership to the Issuer.  The use of Blockchain is in addition to the traditional recording processes used by the custodian.

   

[1] Global Palladium Fund commissioned the market research company Pureprofile to interview 100 professional investors – 50 institutional investors and 50 wealth managers – across the UK and Germany.  The survey was conducted online in January 2021.