Stoyanov Alexander GPF Global Palladium Fund

Global Palladium Fund launches competitively priced physically-backed metal exchange traded commodities (ETCs)

Global Palladium Fund (GPF), which was founded in 2016 by Norilsk Nickel, the diversified mining company, has launched four physically-backed metal Exchange Traded Commodities (ETCs) with the lowest charges in the European marketplace with total expense ratio (TER) ranging from 0.145% to 0.20%

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Alexander Stoyanov, Chief Executive Officer of GPF

  • Strong focus on ESG and sourcing metals from suppliers who conform to the UN Sustainability Agenda
  • Lowest TERs in the marketplace
  • First to use Blockchain to record metal bars to provide highest level of security

GPF is also the first to use Blockchain technology to record bar information into Distributed Ledger Technology, thereby providing an extra layer of security and proof of ownership to the Issuer.  The use of Blockchain is in addition to the traditional recording processes used by the custodian.

Targeting Family Offices, wealth managers, institutional and other professional investors, the new physically-backed gold, silver, platinum and palladium ETCs will track the spot price of the respective metals they cover.  They have been listed by the issuer, Ridgex, on Deutsche Börse on 18 January 2021, with further listings in Europe to be announced in due course. 

NTree International Ltd, specialists in marketing, distribution and investor engagement, is leading the distribution and rollout of the products.  NTree has set up a dedicated brand, Metal.Digital as an education resource for professional investors with a focus on metals.

The ETCs have a strong focus on ESG. LBMA approved metal will be sourced from producers and suppliers who support the Sustainable Development Goals of the UN 2030 Agenda and other global initiatives in sustainable development and responsible mining.

Alexander Stoyanov, Chief Executive Officer of GPF said: “GPF is pleased to bring these physically backed metal ETCs to market, giving investors the opportunity to invest in metals that are going to be crucial in the transition to a net zero carbon economy.”

Anton Berlin, Vice President, Sales and Distribution of Norilsk Nickel, said: “We expect significant growth in investor demand for access to metals over the next decade as economies undertake the energy transition and focus on meeting the challenge of global climate change.  As a mining company, providing access to metals to a broader range of market participants helps improve market liquidity and price discovery.”

Timothy Harvey, Chief Executive Officer and Founder of NTree, said: “The new ETCs give exposure to the spot price of precious metals with some of the lowest charges in Europe.  We are excited to have helped design and manage such an innovative investor proposition and to continue working with GPF on the promotion of their ETC programme.

“We see growing investor appetite for commodities that will be driven by the cyclical recovery out of the pandemic and, perhaps more importantly, by the push towards a net zero carbon economy.”

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