ETF World.........Inside Exchange Traded Funds

Monday, April 07, 2008


iShares Silver Trust (NYSE SLV)

The objective of the investment is to reflect the price of silver owned by the trust less the trust's expenses and liabilities. The fund is intended to constitute a simple and cost-effective means of making an investment similar to an investment in silver. Although the fund is not the exact equivalent of an investment in silver, they provide investors with an alternative that allows a level of participation in the silver market through the securities market.

Note: SLV closed 65 cents below the 50 day moving average on Monday.

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