Invesco Physical Platinum ETC
Product description
The Invesco Physical Platinum ETC aims to provide the performance of the spot platinum price through certificates collateralised with physical platinum. Each Platinum ETC is a certificate, which is secured by physical platinum held in J.P. Morgan Chase Bank's London vaults. The Issuer of the certificates, Invesco Physical Markets PLC (Invesco PMP), is an Irish-domiciled company administered by J.P. Morgan Administration Services (Ireland) Limited.
The investment return is achieved by holding physical platinum, which is valued daily at the PM auction for the London Bullion Market Association ("LBMA") Platinum price. The ETC will use a “swing bar” approach, whereby platinum plates/ingots equal to at least the full value of the certificates will be held in an allocated account in the name of the issuer.
Invesco ETCs are exchange traded certificates and not funds or exchange traded funds.
Security Information
| General information | |
|---|---|
| Base currency | USD |
| Dividend treatment | None |
| Minimum investment | 1 certificate |
| Launch date | 13 Apr 2011 |
| Certificates outstanding | 236,985 |
| Exchanges |
London Stock Exchange Deutsche Börse (Xetra) |
| Further information | |
|---|---|
| ISA | Eligible |
| SIPP | Yes |
| UCITS | Eligible |
| UK reporting status | Yes |
| Countries of distribution | Austria, Belgium (Institutional), Belgium (Private), Denmark (Institutional), Finland, France, Germany, Ireland, Israel (Institutional), Italy (Institutional), Liechtenstein, Luxembourg, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland (Institutional), United Kingdom |
| Structure | |
|---|---|
| Legal form | Certificate (PD compliant) |
| Replication method | Physical |
| Assets owned | Physical Platinum |
| Domicile | Ireland |
| Financial year end | 31 December |
| Key service providers | |
|---|---|
| Issuer | Invesco Physical Markets Plc |
| Investment manager | Invesco UK Services Ltd |
| Fund administrator | J.P. Morgan Administration Services (Ireland) Limited |
| Portfolio administrator | J.P. Morgan Administration Services (Ireland) Limited |
| Depositary | JPMorgan Chase Bank, N.A. |
| Trustee | Intertrust Trustees Limited |
| Auditor | KPMG |
| Promoter | Invesco UK Services Ltd |
Key information
| Bloomberg ticker | SPPT LN |
| ISIN | IE00B40QP990 |
| Benchmark BBG ticker | PLTMLNPM |
| Fixed fee | 0.19% |
| CV (19 Apr 2024) | $88.94 |
| Total assets outstanding | $21,077,921 |
| Base currency | USD |
| Summary Risk Indicator (SRI) | 5 |
| Umbrella AUM (19 Apr 2024) | $15,866,926,154 |
| Entitlement (19 Apr 2024) | 0.095636567 |
Key documents
The performance information on this web page refers to past performance. Past performance is not a reliable indicator of future returns.
The data shown on this page is not real-time, i.e. it may be delayed due to mandatory requirements of the data provider. As a consequence, the price of the product linked to a specific underlying you are quoted by your broker or intermediary may substantially differ from the price of the product that you would expect on the basis of the data displayed on this site. Invesco accepts no responsibility for loss, however caused, resulting from errors in this data.
ETC performance is in the base currency, and is based on Net Asset Value after management fees. It does not consider commissions or custody fees payable when buying, holding or selling the ETC. The ETC does not charge entry or exit fees. Data: Invesco.
1. The daily precious metal entitlement is the amount of Fine Troy oz that is held as collateral for each certificate and decreases by the management fee which accrues daily. The total precious metal held is only reduced over a month when precious metal is sold to pay fees. The precious metal entitlement takes fees into account on a daily basis.
2. Total precious metal data up to date with last precious metal bar list appended to website.
The risk / reward profile classifies the fund by an indicator representing the levels from the lowest (1) to the highest (7). For more information see the KID/KIID.