New Invesco ETCs on Xetra: access to palladium, platinum, and silver with physical collateralisation
New Invesco ETCs on Xetra: access to palladium, platinum, and silver with physical collateralisation
Since Thursday, three new exchange traded commodities issued by Invesco are tradable via Xetra and Börse Frankfurt.
With the Invesco Physical Palladium ETC, the Invesco Physical Platinum ETC and the Invesco Physical Silver ETC, investors bet on the performance of palladium, platinum, and silver. The three products are exchange traded debt securities that are collateralised by the respective physically deposited precious metal. The deposited palladium and platinum plates as well as silver bars are held in a vault at J.P. Morgan Chase Bank in London.
Name | Asset class | ISIN | Ongoing charges | Reference price |
Invesco Physical Palladium ETC | ETC | 0.19 per cent | Spot Price Palladium (LBMA) | |
Invesco Physical Platinum ETC | ETC | 0.19 per cent | Spot Price Platinum (LBMA) | |
Invesco Physical Silver ETC | ETC | 0.19 per cent | Spot Price Silver (LBMA) |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,657 ETFs and 213 ETPs. With this selection and an average monthly trading volume of around €17.5 billion, Xetra is the leading trading venue for ETFs in Europe.