Overview
Description
Abrdn Physical Platinum Shares ETF is an exchange-traded fund that seeks to mirror the performance of the price of platinum bullion. This ETF is designed to provide investors with a cost-effective and flexible way to invest in platinum, allowing them to diversify their portfolios with exposure to this precious metal. By holding physical platinum bullion in secure vaults, this fund directly correlates its value to the metal's current market price, minus any associated management fees. Abrdn Physical Platinum Shares ETF plays a significant role in the market by offering an accessible option for those looking to invest in platinum without handling the physical metal. It impacts various sectors, including automotive and industrial sectors, where platinum is extensively used. This fund offers a transparent and regulated means for investors to engage with one of the more volatile and industrially essential commodities in the precious metals market.
About
Address
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Phone
212-918-4954
Website
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Instrument type
ETF
Country
Mexico
MIC code
XMEX