Key stats
About PURPOSE INVESTMENTS INC. SILVER BULLION FD ETF CURRENCY HEDGED UN
Home page
Inception date
May 10, 2016
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
No distributions
Income tax type
Capital Gains
Primary advisor
Purpose Investments, Inc.
The fund provides investors pure exposure to silver by holding the physical metal, in 1,000 ounce international bar sizes, in trust. Each share represents a fractional interest in the trust. The silver bars are held in treasury vault facilities at a Canadian chartered bank, thus, providing a convenient and efficient way to invest in silver. It is important to note to determine the NAV of the Trust, the value of silver is based on an ounce price as set by London Bullion Market Association at approximately 12:00 noon London divided by the number of shares outstanding for the fund at the market close of trading each day. The fund will hold substantially all of its assets in silver bullion and minor amounts in silver certificates, if any.
Related funds
Classification
What's in the fund
Exposure type
Miscellaneous
Bonds, Cash & Other100.00%
Miscellaneous98.48%
Cash1.52%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SBT trades at 19.55 CAD today, its price has risen 3.66% in the past 24 hours. Track more dynamics on SBT price chart.
SBT net asset value is 19.16 today — it's risen 3.23% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
SBT assets under management is 11.98 M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
SBT price has risen by 4.04% over the last month, and its yearly performance shows a 19.72% increase. See more dynamics on SBT price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.23% over the last month, showed a 17.89% increase in three-month performance and has increased by 17.17% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.23% over the last month, showed a 17.89% increase in three-month performance and has increased by 17.17% in a year.
SBT fund flows account for 4.01 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SBT invests in cash. See more details in our Analysis section.
SBT expense ratio is 0.49%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, SBT isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, SBT technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SBT shows the buy signal. See more of SBT technicals for a more comprehensive analysis.
Today, SBT technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SBT shows the buy signal. See more of SBT technicals for a more comprehensive analysis.
No, SBT doesn't pay dividends to its holders.
SBT trades at a premium (2.04%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
SBT shares are issued by Purpose Unlimited
SBT follows the LBMA Silver Price ($/ozt). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on May 10, 2016.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.