Sprott Physical Silver Trust is a closed-end investment trust company. Its investment objective is to provide a secure, convenient and exchange-traded investment alternative for investors interested in holding physical silver bullion without the inconvenience that is typical of a direct investment in physical silver bullion. Read More The Trust invests and intends to continue to invest primarily in long-term holdings of unencumbered, fully allocated, physical silver bullion and does not speculate with regard to short-term changes in silver prices. The company was founded on June 30, 2010 and is headquartered in Toronto, Canada.