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Global Palladium Fund GPF

Global Palladium Fund lists GBP share class for its physically-backed metal ETC

Global Palladium Fund lists GBP share class for its physically-backed metal Exchange Traded Commodities (ETCs) on London Stock Exchange

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Alexander Stoyanov, Chief Executive Officer of GPF


Metal ETCs with the lowest charges in Europe list GBP share classes on London  Stock Exchange

Global Palladium Fund (GPF) has listed GBP share classes for its four physically-backed metal Exchange Traded Commodities (ETCs) on London Stock Exchange.  The ETCs have the lowest charges in the European marketplace with total expense ratios (TER) ranging from 0.145% to 0.20%.

Targeting Family Offices, wealth managers, institutional and other professional investors, the physically-backed gold, silver, platinum and palladium ETCs track the spot price of the respective metals they cover.  The ETCs were launched in January when issuer Ridgex listed them on Deutsche Börse and LSE. Further listings in Europe will be announced in due course. 

Alexander Stoyanov, Chief Executive Officer of GPF said: “Our physically backed metal ETCs aim to give investors the opportunity to invest in metals that have a key role to play in the transition to a net zero carbon economy.  The LSE GBP listing means that UK professional investors can now access the products through platforms that prefer or only offer access to securities priced in sterling.”

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.

NTree International Ltd, a specialist in marketing, distribution and investor engagement, is leading the distribution and rollout of the products.

GPF GBP ETCs listed on London Stock Exchange:

Name LSE Ticker GBP Sedol ISIN Trading CCY LSE Base Currency TER
GPF Physical Gold ETC TAUS BKQMVS4 XS2265368097 GBX USD 0.145%
GPF Physical Silver ETC TAGS BKQMVT5 XS2265369574 GBX USD 0.20%
GPF Physical Palladium ETC TPDS BKQMVZ1 XS2265370234 GBX USD 0.20%
GPF Physical Platinum ETC TPTS BKQMW03 XS2265369731 GBX USD 0.20%

Source : ETFWorld.co.uk

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