Overview
Description
The ZKB Platinum ETF AA CHF is an exchange-traded fund designed to closely track the price performance of platinum, providing investors with exposure to this precious metal. As a physical-backed ETF, it offers a cost-effective and efficient way for market participants to invest in platinum without the necessity of owning the physical asset directly. This product is particularly appealing to those interested in hedging against inflation, diversifying portfolios, or tapping into the industrial uses of platinum, which spans sectors such as automotive catalysis and electronics. It is denominated in Swiss francs, making it a suitable option for investors seeking to manage currency risk in Swiss holdings. The fund is managed by Zürcher Kantonalbank, offering credibility and security backed by a prominent Swiss institution. Its role in the financial market includes facilitating easier access to the platinum commodity for both retail and institutional investors, thereby enhancing market liquidity and price discovery in the precious metals space.
About
Instrument type
Common stock
Sector
Industry
Country
United Kingdom
MIC code
XLON