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GraniteShares

PLTM

GraniteShares Platinum Trust

Fund Objective

The GraniteShares Platinum Trust is designed to seek the performance of the price of platinum, less trust expenses.

Key Features

Physically Backed: The Trust holds only LPPM1 good delivery bullion stored in a vault domiciled in London, UK.

Transparent and Secured: The list of platinum bullion held by the Trust is published daily. The vault is audited twice a year. Lending of the metal is not permitted, and the Trust cannot hold derivatives.

Cost Effective: PLTM is the lowest cost platinum ETF on the market.2

Easy to Access: PLTM is listed on NYSE Arca and can be traded through a normal brokerage account.

Key Facts

  Fact Sheet
  Prospectus
Ticker
PLTM
Benchmark
Spot Platinum
Sponsor Fee
0.50% per annum
Base Currency
USD
NAV as of Oct 23, 2020
$ 9.0450
Closing Price as of Oct 23, 2020
$ 8.9500
Premium / (Discount)15
$ (1.06)%
CUSIP
38748T103
IOPV
PLTMIV
Exchange
NYSE Arca
Inception Date
Jan 22, 2018
Dual Nature
Platinum features the dual characteristics of precious and industrial metals. As a precious metal it can help to diversify investor portfolios. As an industrial metal it provides exposure to key specialty manufacturing industries.
Reducing CO2 emissions
Platinum benefits from stricter emission regulations. It is used in catalytic converters for diesel engines, and for fuel cell electric vehicles.
Multiple industrial applications
Platinum has numerous industrial applications in, for example, biomedical research, specialty electronics and green technologies.
Data as of September 30, 2020
1 Month 3 Months YTD 1 Year 15 3 Year 15 Since
Inception 15
PLTM Market Price Return 15 15 -3.59% 8.26% -7.12% 1.14% - -4.36%
PLTM NAV Return 15 15 -4.99% 8.47% -9.30% -2.27% - -5.55%
Benchmark Return (Spot Platinum) 15 15 -4.95% 8.60% -8.96% -1.78% -1.32% -5.08%

Performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than original cost. Returns less than one year are not annualized.

For the fund’s most recent month end performance, please call 1(844) 476-8747

Current Holding as of Oct 23, 2020

Total Value
$ 15,376,576.74
Total Ounces Held
15,283.654 Troy ounces
Number of Shares
1,700,000 shares
Ounces Per Shares
0.0098637 ounces
Ounces Per Basket
(50,000 Shares Per Basket)
493.187 Oz

Holding Properties

100% LPPM Good Delivery platinum Ingots
Each bar is segregated, individually identified and allocated

LPPM Good Delivery Ingots Explained

In order to qualify for LPPM Good Delivery, ingots must meet the following specifications (more details available here):

Mark Stamp of the refiner, the assay mark, the fineness, the serial number, the letters PT or PLATINUM, the year of production and the weight in grams, kilograms or troy ounces
Accredited refiners To be LPPM accredited, refiners must undergo checks regarding their history in the market, their financial standing and their ability to produce plates and ingots that meet the exacting standards of London Good Delivery
The list of LPPM Good Delivery refiners is available here.
Fineness The minimum acceptable fineness is 99.95%
Weight Minimum permitted weight is 1 kilogram (32.151 troy ounces) and the maximum permitted weight is 6 kilograms (192.904 troy ounces)

ICBC Standard Bank Plc is the Fund’s custodian. ICBC Standard is one of the few entities to be a full LPPM member, an LPPM market maker and operates its own vault. Details about LBMA membership is available here.

Details

Custodian
ICBC Standard Bank PLC
Vault Location
London
Metal Lending
Not Allowed
Vault Inspector
Bureau Veritas
Inspection Frequency
Twice Annually

Dual Nature
Platinum features the dual characteristics of precious and industrial metals. As a precious metal it can help to diversify investor portfolios. As an industrial metal it provides exposure to key specialty manufacturing industries.
Reducing CO2 emissions
Platinum benefits from stricter emission regulations. It is used in catalytic converters for diesel engines, and for fuel cell electric vehicles.
Multiple industrial applications
Platinum has numerous industrial applications in, for example, biomedical research, specialty electronics and green technologies.

Data as of September 30, 2020
1 Month 3 Months YTD 1 Year 15 3 Year 15 Since
Inception 15
PLTM Market Price Return 15 15 -3.59% 8.26% -7.12% 1.14% - -4.36%
PLTM NAV Return 15 15 -4.99% 8.47% -9.30% -2.27% - -5.55%
Benchmark Return (Spot Platinum) 15 15 -4.95% 8.60% -8.96% -1.78% -1.32% -5.08%

Performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than original cost. Returns less than one year are not annualized.

For the fund’s most recent month end performance, please call 1(844) 476-8747

Current Holding as of Oct 23, 2020

Total Value
$ 15,376,576.74
Total Ounces Held
15,283.654 Troy ounces
Number of Shares
1,700,000 shares
Ounces Per Shares
0.0098637 ounces
Ounces Per Basket
(50,000 Shares Per Basket)
493.187 Oz

Holding Properties

100% LPPM Good Delivery platinum Ingots
Each bar is segregated, individually identified and allocated

LPPM Good Delivery Ingots Explained

In order to qualify for LPPM Good Delivery, ingots must meet the following specifications (more details available here):

Mark Stamp of the refiner, the assay mark, the fineness, the serial number, the letters PT or PLATINUM, the year of production and the weight in grams, kilograms or troy ounces
Accredited refiners To be LPPM accredited, refiners must undergo checks regarding their history in the market, their financial standing and their ability to produce plates and ingots that meet the exacting standards of London Good Delivery
The list of LPPM Good Delivery refiners is available here.
Fineness The minimum acceptable fineness is 99.95%
Weight Minimum permitted weight is 1 kilogram (32.151 troy ounces) and the maximum permitted weight is 6 kilograms (192.904 troy ounces)

ICBC Standard Bank Plc is the Fund’s custodian. ICBC Standard is one of the few entities to be a full LPPM member, an LPPM market maker and operates its own vault. Details about LBMA membership is available here.

Details

Custodian
ICBC Standard Bank PLC
Vault Location
London
Metal Lending
Not Allowed
Vault Inspector
Bureau Veritas
Inspection Frequency
Twice Annually

Request a meeting or need more information

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