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Team Veye   January 29, 2026

Global X Introduces New ASX ETF Targeting Silver Shares

Team Veye   January 29, 2026
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Global X has released a new ASX-listed ETF and what sets it apart from other silver ETFs is its focused exposure to a diversified global basket of silver mining companies.

Global X has announced the launch of a new ASX-listed exchange traded fund which is focused on silver mining companies at a time when silver sentiment is better than ever.

ASX silver shares have seen strong investor interest as the global silver price continues to rise due to industrial and investment demand.

Yesterday, the price of silver jumped more than 7% and pushed it to around US$111 per ounce which is close to record levels and has strengthened the outlook for silver-linked equities.

For investors who want diversified exposure to this rally without depending on a single stock, the newly launched ETF provides a structured entry point into the sector.

Global X confirmed that the fund will trade as the Global X Silver Miners ETF (ASX: SLVM) and is designed to offer access to a global group of companies involved in silver mining.

According to the fund’s fact sheet, SLVM aims to capture the operating leverage of silver miners which means profits can rise faster than silver prices as higher prices improve project economics and margins.

The ETF holds 39 companies and focuses on silver miners which provides exposure across the value chain supporting photovoltaics, advanced electronics and semiconductor manufacturing.

Silver has a supply deficit since 2021 which shows the difficulty of scaling production and may support further upside as demand exceeds supply.

The fund has an expense ratio of 0.65% per annum and consists of 72.3% large cap, 22% mid cap and 5.7% small cap miners.

The rapid rise in industrial usage has reshaped long-term views on silver and the launch of SLVM offers investors another way to participate in the growth story through mining equities rather than direct commodity exposure.

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