ETF Trends CEO Tom Lydon discussed the Aberdeen Standard Physical Platinum Shares ETF (PPLT) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show.
PPLT seeks to reflect the performance of the price of physical platinum, less the Trust’s expenses.
Key Features:
• Physically-Backed: Cost-effective and convenient access to physical platinum.
• Transparency: The metal is held in allocated bars and a bar list is posted daily on www.etfsecurities.com.
• Pricing: All metal is priced off the LPPM’s specifications for Good Delivery, which is an internationally recognized and transparent benchmark for pricing physical platinum.
• Vault Location: Metal is held in London, United Kingdom at a secured vault of J.P. Morgan Chase Bank, N.A.
• Vault Inspection: Inspectorate International, a leading physical commodity auditor, inspects the vault twice per year (including once at random).