1 unchanged sentence
Annual Report on Form 10-K for the fiscal year ended December 31, 2020.
−Removed: Effects of COVID-19
−Removed: respiratory illness COVID-19 caused by a novel coronavirus has resulted in a global pandemic and major disruption to
−Removed: economies and markets around the world, including the United States.
−Removed: Financial markets have experienced extreme volatility
−Removed: and severe losses, and
−Removed: trading in many instruments has been disrupted.
+Added: respiratory illness COVID-19 caused by a novel coronavirus has resulted in a global pandemic and major disruption to economies
+Added: and markets around the world, including the United States.
+Added: Financial markets have experienced extreme volatility and trading in
+Added: many instruments has been disrupted.
Liquidity for many instruments has been greatly reduced for periods of time.
−Removed: interest rates are very low and in some cases yields are negative.
+Added: Some interest
+Added: rates are very low and in some cases yields are negative.
Some sectors of the economy and individual issuers have experienced
4 unchanged sentences
on economies, markets, industries and individual issuers, including Shares of the Trust, are not known.
+Added: The information technology
+Added: and other operational systems upon which the Trust’s service providers rely could be impaired and the ability of employees
+Added: of the Trust’s service providers to perform essential tasks on behalf of the Trust could be disrupted.
Governments and central
3 unchanged sentences
and market disruption, will not be known for some time.
−Removed: STANDARD SILVER ETF TRUST
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.