Sprott Physical Gold and Silver Trust Starts Trading

Following the acquisition of Central Fund of Canada by Sprott Asset Management in October 2017, the Fund began trading this week and has been renamed Sprott Physical Gold and Silver Trust. This Fund trades on the New York Stock Exchange (Symbol: CEF) in US dollars and on the Toronto Stock Exchange (Symbol: CEF) in Canadian dollars.

The launch of Sprott Physical Gold and Silver Trust marks the completion of Sprott’s acquisition of the common shares of Central Fund of Canada. Sprott will administer and manage the Central Fund of Canada’s assets and Central Fund of Canada’s class A shareholders are now unit holders of the Sprott Physical Gold and Silver Trust.

Some of the advantages of holding Sprott Physical Gold and Silver Trust include:

  • fully allocated precious metals
  • redeemable for physical metals
  • trustworthy storage
  • easy to buy, sell, and own
  • liquidity

For more information on the Sprott Physical Gold and Silver Trust, please follow this link.