WisdomTree Physical Platinum (PHPT.L) LSE
198.93
+9.235(+4.87%)
Currency In USD
- General
- Statistics
- Historical Data
- Profile
- Financials
198.93
+9.235(+4.87%)
Currency In USD
Address
3rd Floor, 44 Esplanade
St Helier, JE4 9WG
Jersey
Phone
44-20-7448-4330
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
January 01, 2009
WisdomTree Physical Platinum is a UCITS Eligible Exchange Traded Commodity (ETC) designed to offer security holders a simple, cost-efficient and secure way to access Physical Platinum by providing a return equivalent to the movements in the Physical Platinum spot price less the applicable management fee. WisdomTree Physical Platinum is backed by physical, allocated Physical Platinum held by HSBC Bank plc (the custodian). Only metal that conforms with the London Platinum and Palladium Association's (LPPM) rules for Good Delivery can be accepted by the custodian. Each physical bar is segregated, individually identified and allocated. For example, if Physical Platinum rises by 1% over a day, then the ETC will rise by 1%, excluding fees. However if Physical Platinum falls by 1% over a day, then the ETC will fall by 1%, excluding fees.