Swisscanto (CH) Silver ETF EA CHF is an exchange-traded fund domiciled in Switzerland that offers investors direct exposure to the price performance of physical silver. Launched on 9 May 2007, it invests exclusively in silver bars meeting London Bullion Market Association Good Delivery standards, with assets fully backed 100% by physical metal stored securely in Switzerland. This physical replication method eliminates counterparty risk, as the fund holds separate asset status under the Swiss Collective Investment Schemes Act. Each unit corresponds to approximately 3 kilograms of silver, enabling investors to sell shares on the exchange or redeem for physical silver bars at a rate of 30 kilograms per unit. Denominated in Swiss Francs with unhedged currency exposure, it carries a total expense ratio of 0.60% per annum and follows an annual distribution policy. Managed by Swisscanto Fondsleitung AG, with portfolio management and custody by Zürcher Kantonalbank, the ETF tracks the ICE London Silver (Fixing CHF/ozt) index passively. Silver's low correlation with equities and bonds positions it as a portfolio diversification tool and potential hedge against inflation and economic uncertainty in commodities markets.