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Sprott Physical Silver Trust ET Message Board

  • sakhaneft sakhaneft Sep 19, 2012 11:41 AM Flag

    is management fee .5% a month?

    seems from what I have read, they charge 6% a year to that correct...seems really high especially with a 5% premium to NAV...any comments from anyone. I am not a basher and have actually bought shares have learned this.
    Would never buy SLV and hold physical, but impossible to store in size
    I simply dont understand how they can justify 6% per yr...also notced from beginning of year, its down while silver is way up? I inderstand thats because the premium went to +5%...are there better options out there besides this, physical and/or goldmoney/bullionvault

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