UBS Silver ETF USD dis

What this fund is

UBS Silver ETF USD dis is an exchange-traded fund (ETF) from UBS, traded under the ticker 0GP2 (ISIN CH0118929048). It lets you buy a basket of holdings in a single trade, spreading your money across them rather than one company. In plain terms it is about tracking physical commodities like gold or oil, which often move differently from shares and are used to spread risk or hedge inflation, spread across its target market. Its largest holdings include SILVER OZ METALKONTO.

By geography it is weighted towards ~100% Switzerland. It is typically held as a diversifier — a slice that behaves differently from mainstream shares — rather than as a portfolio's main engine. Its ongoing charge (TER) is 0.45% a year — about €45 a year on a €10,000 holding, taken automatically from the fund. Income such as dividends is paid out to you as cash (a distributing share class).

It holds the underlying investments directly (physical replication); it is domiciled in Switzerland and trades in USD. Its price has swung about 59.2% over the past year — a gauge of how much the value moves, not a judgement of quality. It launched in 2010. Like any investment, it can lose value as well as gain, and what it did before does not predict what it will do next. (Fund data sourced from UBS.)