WisdomTree Physical Palladium
WisdomTree Physical Palladium is backed by physical allocated palladium held by HSBC Bank plc (the custodian). Only metal that conforms with the London Platinum and Palladium Association's (LPPM) rules for Good Delivery can be accepted by the custodian. Each physical bar is segregated, individually identified and allocated.
*Formerly ETFS Physical Palladium
|Replication method||Physical - backed by bullion|
|Legal form||Debt security|
|Securities regulator||Financial Conduct Authority (FCA UK)|
|UK Reporting Status||Yes|
|Key Service Providers|
|Custodian||HSBC Bank plc|
|Trustee||The Law Debenture Trust Corporation p.l.c.|
|Issuer||WisdomTree Metal Securities Limited|
|Registrar||Computershare Investor Services (Jersey) Ltd|
Listings & Codes
|Listings & Codes|
i The above chart presents information about the difference between the daily market price for shares of the Fund and the Fund's net asset value. The market price is determined using the midpoint between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund's NAV is calculated (usually 4:00 p.m. eastern time for most Funds). The vertical axis of the chart shows the premium or discount expressed as a percentage of mid-point.
Spot Palladium LPPM specifications
Each individual WisdomTree Physical Palladium security has an effective entitlement to palladium, and that entitlement changes daily to reflect the accrual of the management fee.
Authorised participants create and redeem WisdomTree Physical Palladium securities by delivering or receiving palladium that conforms to LPPM Good Delivery standards.
WisdomTree Physical Palladium securities are traded on exchange with a price that is based on the spot price of palladium multiplied by the applicable metal entitlement.
|Index Name||Spot Palladium LPPM specifications|
|Index Constituent Count||1|
|Reuters Index Ticker||XPD=|
|Security||27 Mar 2020|
|1. Bloomberg Coffee Subindex Total Return||100.00%|
Securities issued by the Issuer are direct, limited recourse obligations of the Issuer alone and are not obligations of or guaranteed by any of HSBC Bank plc and JP Morgan Chase Bank, N.A. any of their affiliates or anyone else or any of their affiliates. Each of HSBC Bank plc and JP Morgan Chase Bank, N.A. disclaims all and any liability whether arising in tort, contract or otherwise which it might have in respect of this document or its contents otherwise arising in connection herewith.