WisdomTree launches EUR and GBP Hedged Physical Silver ETCs
WisdomTree has expanded its physical precious metals range with the launch of EUR and GBP-hedged Physical Silver ETCs on Börse Xetra, Borsa Italiana and the London Stock Exchange.
WisdomTree Physical Silver – EUR Daily Hedged (AGSE) and WisdomTree Physical Silver – GBP Daily Hedged (PAGP) have a management fee of 0.25 per cent and a hedging fee of 0.10 per cent. The new products are designed to provide Euro and GBP-based investors with cost-efficient access to the silver market while helping to mitigate the impact of fluctuations in the EUR/USD and GBP/USD exchange rates.
The firm writes that the ETCs offer investors a simple and transparent way to gain exposure to the silver spot price. The products are physically backed by allocated silver held in secure vaults, combining low-cost access with institutional-grade structuring.
“Silver has a multi-faceted investment case, combining characteristics of both a precious and an industrial metal. While it maintains a strong relationship with gold and can benefit from macroeconomic uncertainty, it also plays a critical role in industrial applications and the energy transition, including solar panels, electric vehicles, and advanced electronics.
“As demand for renewable energy technologies continues to grow and industrial usage expands, silver is increasingly supported by structural demand drivers alongside traditional macro factors, offering investors exposure to both cyclical and long-term themes.”
Nitesh Shah, Head of Commodities and Macroeconomic Research, Europe, WisdomTree, says: “Silver offers a unique combination of precious and industrial demand drivers, making it an important component in many portfolios. By introducing the new currency-hedged ETCs, we are enabling investors to access this opportunity while managing foreign exchange risk, which can be particularly relevant in today’s macro environment.”
The firm writes that the launch of the ETCs reflects growing investor demand for more tailored exposures, particularly in an environment where currency volatility can materially impact returns for non-USD investors.
Alexis Marinof, CEO, Europe, WisdomTree, adds: “WisdomTree has built the most comprehensive precious metals and commodity ETC range in Europe. The new ETCs reflect our commitment to offering investors flexible and efficient ways to access commodities. Expanding our range with these thoughtful exposures provides investors with more options to allocate to the precious metal in a way that best aligns with their portfolio objectives.”