The Conversation (0)
$500m milestone reached by physical palladium shares
Oct. 18, 2010 09:03AM PST
Precious Metals Investing
Commenting on the AUM milestone for PALL; William Rhind, Strategic Director for ETFS Marketing LLC, said: “PALL reaching $500m is another strategic milestone for ETF Securities in the US market. The interest in both PALL and its sister product, PPLT (Platinum) may indicate investors are looking to diversify their portfolios to hold more precious metals […]
Commenting on the AUM milestone for PALL; William Rhind, Strategic Director for ETFS Marketing LLC, said: “PALL reaching $500m is another strategic milestone for ETF Securities in the US market. The interest in both PALL and its sister product, PPLT (Platinum) may indicate investors are looking to diversify their portfolios to hold more precious metals than just Gold”
The objective of the ETFS Platinum Trust’s (PPLT) shares reflect the performance of the price of Platinum, less the Trust’s expenses. The Trust is open ended and is designed for investors who want a cost-effective (1) and convenient (2) way to invest in Platinum as well as diversify their precious metal holdings. Both products have an expense ratio of 0.60% per annum. (3) The objective of the ETFS Palladium Trust’s (PALL) shares reflect the performance of the price of Palladium, less the Trust’s expenses. The Trust is open ended and is designed for investors who want a cost-effective (1) and convenient (2) way to invest in Palladium as well as diversify their precious metal holdings.