PLTM
GraniteShares Platinum Trust
Fund Objective
The GraniteShares Platinum Trust is designed to seek the performance of the price of platinum, less trust expenses.
Key Features
Physically Backed: The Trust holds only LPPM1 good delivery bullion stored in a vault domiciled in London, UK.
Transparent and Secured: The list of platinum bullion held by the Trust is published daily. The vault is audited twice a year. Lending of the metal is not permitted, and the Trust cannot hold derivatives.
Cost Effective: PLTM is the lowest cost platinum ETF on the market.2
Easy to Access: PLTM is listed on NYSE Arca and can be traded through a normal brokerage account.
Key Facts
| 1 Month | 3 Months | YTD | 1 Year  |
3 Year |
Since Inception |
|
|---|---|---|---|---|---|---|
|
PLTM Market Price Return
|
-3.59% | 8.26% | -7.12% | 1.14% | - | -4.36% |
|
PLTM NAV Return
|
-4.99% | 8.47% | -9.30% | -2.27% | - | -5.55% |
|
Benchmark Return (Spot Platinum)
|
-4.95% | 8.60% | -8.96% | -1.78% | -1.32% | -5.08% |
Performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than original cost. Returns less than one year are not annualized.
For the fund’s most recent month end performance, please call 1(844) 476-8747
Current Holding as of Nov 23, 2020
(50,000 Shares Per Basket)
Holding Properties
LPPM Good Delivery Ingots Explained
In order to qualify for LPPM Good Delivery, ingots must meet the following specifications (more details available here):
| Mark | Stamp of the refiner, the assay mark, the fineness, the serial number, the letters PT or PLATINUM, the year of production and the weight in grams, kilograms or troy ounces |
| Accredited refiners |
To be LPPM accredited, refiners must undergo checks regarding their history in the market,
their financial standing and their ability to produce plates and ingots that meet
the exacting standards of London Good Delivery The list of LPPM Good Delivery refiners is available here. |
| Fineness | The minimum acceptable fineness is 99.95% |
| Weight | Minimum permitted weight is 1 kilogram (32.151 troy ounces) and the maximum permitted weight is 6 kilograms (192.904 troy ounces) |
ICBC Standard Bank Plc is the Fund’s custodian. ICBC Standard is one of the few entities to be a full LPPM member, an LPPM market maker and operates its own vault. Details about LBMA membership is available here.
Details
Latest Inspection Reports
| 1 Month | 3 Months | YTD | 1 Year |
3 Year |
Since Inception |
|
|---|---|---|---|---|---|---|
|
PLTM Market Price Return
|
-3.59% | 8.26% | -7.12% | 1.14% | - | -4.36% |
|
PLTM NAV Return
|
-4.99% | 8.47% | -9.30% | -2.27% | - | -5.55% |
|
Benchmark Return (Spot Platinum)
|
-4.95% | 8.60% | -8.96% | -1.78% | -1.32% | -5.08% |
Performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than original cost. Returns less than one year are not annualized.
For the fund’s most recent month end performance, please call 1(844) 476-8747
Current Holding as of Nov 23, 2020
(50,000 Shares Per Basket)
Holding Properties
LPPM Good Delivery Ingots Explained
In order to qualify for LPPM Good Delivery, ingots must meet the following specifications (more details available here):
| Mark | Stamp of the refiner, the assay mark, the fineness, the serial number, the letters PT or PLATINUM, the year of production and the weight in grams, kilograms or troy ounces |
| Accredited refiners |
To be LPPM accredited, refiners must undergo checks regarding their history in the market,
their financial standing and their ability to produce plates and ingots that meet
the exacting standards of London Good Delivery The list of LPPM Good Delivery refiners is available here. |
| Fineness | The minimum acceptable fineness is 99.95% |
| Weight | Minimum permitted weight is 1 kilogram (32.151 troy ounces) and the maximum permitted weight is 6 kilograms (192.904 troy ounces) |
ICBC Standard Bank Plc is the Fund’s custodian. ICBC Standard is one of the few entities to be a full LPPM member, an LPPM market maker and operates its own vault. Details about LBMA membership is available here.
Details
Latest Inspection Reports
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Latest Premium Discount
through September 30, 2020
Data for the current quarter
Historical Premium/Discount Line Chart
Chart Description
The amount the Fund is trading above or below the reported NAV expressed as a percentage of the NAV. When the fund's market price is greater than the fund's NAV, it is said to be trading at a "Premium" and the percentage is expressed as a positive number. When the fund's market price is less than the fund's NAV, it is said to be trading at a "Discount" and the percentage is expressed as a negative number.
Chart Description
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 (or NAV). The market price is the last price as published by the exchange on which the Fund is listed. It is generally the average of the bid-ask prices at 4:00 PM ET. The NAV is calculated by reference to the Benchmark which is generally determined at 2:00 PM London Time. The vertical axis of the chart shows the premium or discount expressed as a percentage of the NAV. The horizontal axis indicates the number of days in the period covered by the chart. Each bar in the chart shows the number of trading days in which the Fund traded within the premium/discount range indicated.
Possible time Discrepancies
The NAV is calculated reference to the platinum Benchmark which is generally determined at 2:00 PM London Time, while the market price is determined around 4:00 pm ET. Therefore, during the second part of the U.S. trading day the NAV is frozen, but the market price may continue to fluctuate to reflect new information. As a result, the traditional measure of premium/discount (Market price/NAV) may be more reflective of different market hours than true trading premium/discounts