Global X Silver Miners ETF (ASX:SLV), managed by Global X Management (AUS) Limited as Responsible Entity, has released its inaugural financial report covering the period from 30 October 2025 to 30 June 2026, disclosing a loss of AUD$13.915 million and distributions paid and payable of AUD$116,000 for the period.

Key Points

  • The Fund recorded a loss of AUD$13.915 million for the period from 30 October 2025 to 30 June 2026.
  • Distributions paid and payable for the period totalled AUD$116,000, with a distribution declared on 30 June 2026 and paid to entitled unitholders on 16 July 2026.
  • The Fund commenced operations on 27 January 2026 and was admitted to the ASX on 29 January 2026.
  • Since the end of the reporting period, the Fund's net asset value has increased by more than 10% due to changes in the value of the underlying investments in the index.

Fund Structure and Investment Objective

The Global X Silver Miners ETF aims to provide investors with a return that, before fees and expenses, tracks the performance of the Solactive Global Silver Miners Net Total Return AUD Index by holding all of the shares that make up the Index closely in proportion to their index weights. All assets of the Fund are held in segregated accounts with the Custodian, The Hongkong and Shanghai Banking Corporation Limited, Sydney Branch. The Fund is structured as an Exchange Traded Fund and can be traded on the Australian Securities Exchange through normal brokerage accounts. The Fund holds the ARSN 692 188 239.

Inaugural Period Operations and Financial Results

The Fund commenced operations on 27 January 2026, with ASX admission occurring on 29 January 2026. For the period from 30 October 2025 to 30 June 2026, the Fund recorded a loss of AUD$13.915 million and distributions paid and payable of AUD$116,000. The directors of the Responsible Entity reported no significant changes in the state of affairs of the Fund during the period. No fees were paid out of Fund property to the directors of the Responsible Entity for the period. The Fund did not have any employees during the period.

Directors and Post-Period Developments

The directors of Global X Management (AUS) Limited who held office during or since the end of the period are Young Kim, Namki Kim, Alexandre Zaika, and Krzysztof Wolak. Following the end of the reporting period, the Fund's net asset value increased by more than 10% due to changes in the value of the underlying investments in the index, according to the filing. The Responsible Entity disclosed that there has been no change to the implementation of the investment strategy as set out in the Fund's product disclosure statement since the end of the reporting period.