Physical Platinum (ETPMPT) – Global X ETFs Australia

ETPMPT


Physical Platinum

Reasons to Consider ETPMPT

Targeted Exposure

ETPMPT is backed by physical platinum. Each physical bar is segregated, individually identified and allocated which means there is no credit risk.

Appeal of Platinum

Provides exposure to the supply and demand dynamics for platinum in areas such as the automotive, technology and medical industries.

Simplified Access

In a single trade, ETPMPT delivers low-cost access to physical platinum via the stock exchange and avoids the need for investors to personally store the bullion.

Product Information As of 2 May 2024

Inception Date 2 Jan 2009
Management Costs (% p.a.) 0.49
Currency Hedged No
Domicile Australia
Legal Form Redeemable preference share with an entitlement to metal
SMSF Eligible Yes
Vault Location London, UK

Metal Entitlement As of 2 May 2024

Metal Entitlement File View

NAV Information As of 2 May 2024

NAV/Unit (A$) 134.50943650
iNAV 135.0381
iNAV as of 04:29 PM
Currency (NAV) AUD
Shares Outstanding 138,780
AUM (A$) 18,667,219.59
NAV History File View

Product Summary

Global X Physical Platinum (ETPMPT) offers a low-cost and secure way to access physical platinum via the stock exchange and avoids the need for investors to personally store their own bullion.

Product Objective

Global X Physical Platinum (ETPMPT) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the LBMA Platinum Price PM in Australian Dollars.

Trading Details

Ticker ETPMPT
Bloomberg Code ETPMPT AU Equity
ISIN AU000ETPMPT9
Trading Hours 10:00AM – 4:00PM

Management & Administration

Issuer Global X Metal Securities Australia Limited
Custodian JPMorgan Chase Bank, N.A.
Registrar Computershare Investor Services Pty Limited
Trustee Gold Bullion Nominees

Benchmark Information

Benchmark LBMA Platinum Price PM
Ticker PLTMLNPM

Distributions

Distribution Frequency None

Performance Table As of 2 May 2024

Total Return (Fund) Total Return (Benchmark) Tracking Difference Tracking Error
1 Month 2.10% 2.14% -0.04% --
3 Months 4.34% 4.47% -0.13% 0.01%
1 Year -8.35% -7.90% -0.45% 0.02%
3 Year p.a. -3.22% -2.74% -0.48% 0.66%
5 Year p.a. 2.94% 3.45% -0.51% 0.51%
10 Year p.a. -1.06% -0.57% -0.49% 0.38%
Since Inception p.a. 0.16% 0.66% -0.49% 0.31%

Research

FAQs

  • Where is the metal stored?

    The physical platinum for ETPMPT is held in the vault(s) of JPMorgan Chase Bank, N.A. in London. The vault is audited twice yearly by the auditor Inspectorate. All audit reports are made available in the resources section below. Each platinum bar in the vault is itemised in a bar-list which also is available in the resources section below.
  • How is the management fee paid?

    Each unit in ETPMPT comes with an entitlement to an amount of physical bullion. This amount was 0.094275922 fine troy ounces as at 1 January 2021. The entitlement is reduced daily by a management fee of 0.49% per annum.
  • How do I redeem units for the physical metal?

    To redeem for physical platinum, an investor needs to

    1. Complete and send a redemption form.
    2. Open an unallocated bullion account with an authorised bullion dealer.
    3. Pay a redemption fee of $1,000 for each redemption.

    Depending on the quantity of the order, investors may find that selling units in the secondary market is a more cost-efficient option, especially for small quantities.
  • How can I use ETPMPT in a portfolio?

    Platinum tends to have a low correlation to other traditional asset classes and therefore can be used to enhance a portfolio’s risk/return characteristics through diversification. Platinum can be viewed as an alternative asset.

    Platinum can offer a growth exposure in relation to industrial demand in automotive, technology and medical industries.

Global X Management (AUS) Limited (“Global X”) (Australian Financial Services Licence Number 466778, ACN 150 433 828) is the product issuer. Offers of interests in any retail product will only be made in, or accompanied by, a Product Disclosure Statement (PDS). In respect of each retail product, Global X has prepared a target market determination (TMD). Each PDS and TMD is available at www.globalxetfs.com.au. The information on this website is general in nature only and does not take into account your personal objectives, financial situations or needs. Before acting on any information, you should consider the appropriateness of the information having regard to your objectives, financial situation or needs and consider seeking independent financial, legal, tax and other relevant advice having regard to your particular circumstances. Any investment decision should only be made after obtaining and considering the relevant PDS and TMD. Investments in any product issued by Global X are subject to investment risk, including possible delays in repayment and loss of income and principal invested. The value or return of an investment will fluctuate and an investor may lose some or all of their investment. Past performance is not a reliable indicator of future performance.

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