Sprott Physical Platinum and Palladium Trust

Sprott Physical Platinum and Palladium Trust is a closed-end investment fund primarily dedicated to investing in physical platinum and palladium bullion. Its primary function is to provide investors with a convenient and cost-effective way to own physical precious metals while also benefiting from the liquidity provided by the fund's listing on the New York Stock Exchange. The Trust impacts the precious metals sector predominantly, offering an alternative investment avenue for those interested in the performance of platinum and palladium separate from mining stocks or futures contracts. With its focus solely on these two metals, it plays a crucial role for investors seeking to diversify or hedge against economic uncertainty by including physical assets in their portfolios. Its market significance lies in offering a secure, transparent method for retail and institutional investors to gain exposure to platinum and palladium price movements.