|
QUICK LINKS
|
The ETFS Asian Gold Trust, ETFS White Metals Basket Trust, ETFS Precious Metals Basket Trust, ETFS Gold Trust, ETFS Silver Trust, ETFS Palladium Trust and ETFS Platinum Trust are not investment companies registered under the Investment Company Act of 1940 or a commodity pool for purposes of the Commodity Exchange Act. Shares of the Trusts are not subject to the same regulatory requirements as mutual funds. These investments are not suitable for all investors. Please read the prospectus carefully before investing.
|
|
|
 |
| | | | | |
Overview
| How to buy & sell |
ETPs can be bought or sold on regulated stock exchanges through ordinary brokerage accounts |
| Minimum trade size |
One security (on exchange, through an ordinary brokerage account) |
| Liquidity |
ETPs are open-ended securities, and therefore are not limited to on-exchange volumes |
| Settlement |
T+3 (trade date plus three business days) |
| Management fee |
(see individual product page). |
How to Buy & Sell
ETPs can be bought or sold throughout the trading day on regulated stock exchanges, and trade just like ordinary shares.
ETPs can be traded with all the same order types as a stock, including:
- Market orders
- Limit orders
- Stop orders
- Short sell*
- Buy on margin*
* There are special risks associated with short selling and margin investing. Please ask your financial advisor for more information about these risks.
Brokers
ETPs are traded on regulated exchanges by a variety of professional financial firms.
Investors should be able to trade all our US listed products via any US broker.
Market Makers
Market makers and Authorized Participants provide liquidity for our ETPs, and will execute larger orders by phone. Authorized Participants are approved by ETF Securities to create/redeem out ETPs.
The following Authorized Participants can create/redeem ETPs:
- Credit Suisse
- Goldman, Sachs & Co.
- HSBC Securities
- Merrill Lynch Professional Clearing Corp.
- Newedge USA LLC
- Bluefin Specialists
- Jane Street
- Knight Equity Markets
- LaBranche Structured Products
- Susquehanna International Group
- JP Morgan Securities Inc.
Fees & Charges
| Expense ratio |
Click here to check the management fee for a specific ETP. Ordinary brokerage fees do apply. |
| Brokerage charges |
Your broker or financial advisor will also charge you normal transactions costs (commissions) associated with the purchase or sale of ETPs. |
The fees and charges listed here are the main fees investors will incur when buying/selling our securities. Investors should read the relevant Prospectus to assess if any other fees are relevant for a specific security.
Exchanges
Please see product fact sheets for detailed trading information.
Currently, ETPs trade on the following regulated stock exchanges around the world:
ETFS Physical Asian Gold Shares are issued by the ETFS Asian Gold Trust. ETFS Physical White Metals Basket Shares are issued by ETFS White Metals Basket Trust. ETFS Physical Precious Metals Basket Shares are issued by the ETFS Precious Metals Basket Trust. ETFS Physical Silver Shares are issued by the ETFS Silver Trust. ETFS Physical Swiss Gold Shares are issued by the ETFS Gold Trust. ETFS Physical Platinum Shares are issued by the ETFS Platinum Trust. ETFS Physical Palladium Shares are issued by the ETFS Palladium Trust.
ETPs = Exchange Traded Products
Important Risks
The value of the Shares relates directly to the value of the precious metal held by the Trusts and fluctuations in the price could materially adversely affect an investment in the Shares. Several factors may affect the price of precious metals, including:
A change in economic conditions, such as a recession, can adversely affect the price of the precious metal held by the Trusts. Some metals are used in a wide range of industrial applications, and an economic downturn could have a negative impact on its demand and, consequently, its price and the price of the Shares;
Investors' expectations with respect to the rate of inflation;
Currency exchange rates;
Interest rates;
Investment and trading activities of hedge funds and commodity funds; and
Global or regional political, economic or financial events and situations. Should there be an increase in the level of hedge activity of the precious metal held by the Trusts or producing companies, it could cause a decline in world precious metal prices, adversely affecting the price of the Shares.
Also, should the speculative community take a negative view towards the precious metal held by the Trusts, it could cause a decline in prices, negatively impacting the price of the Shares.
There is a risk that part or all of the Trusts' physical precious metal could be lost, damaged or stolen. Failure by the Custodian or Sub-Custodian to exercise due care in the safekeeping of the precious metal held by the Trusts could result in a loss to the Trusts. Since there is no limit on the amount of platinum and palladium that the Trust may acquire, the Trust, as it grows, may have an impact on the supply and demand of platinum and palladium.
The Trusts have limited operating history.
Commodities generally are volatile and are not suitable for all investors. Trusts focusing on a single commodity generally experience greater volatility.
This material must be accompanied or preceded by a prospectus. Please read the prospectus carefully before investing. Click here to review the prospectus.
Shares in the Trusts are not FDIC insured and may lose value and have no bank guarantee.
Investors buy and sell shares on a secondary market (i.e., not directly from Trusts). Only market makers or "authorized participants" may trade directly with the Trusts, typically in blocks of 50k to 100k shares.
Carefully consider each Trusts' investment objectives, risk factors, and fees and expenses before investing.
An investment in the trust does not constitute a direct investment in the underlying metal.
ALPS Distributors, Inc. is separate and unaffiliated to Dorsey Wright and Associates. ALPS Distributors, Inc. is the marketing agent for ETFS Silver Trust, ETFS Gold Trust, ETFS Platinum Trust, ETFS Palladium Trust, ETFS Precious Metals Basket Trust, ETFS White Metals Basket Trust and ETFS Asian Gold Trust.
For further discussion of the risks associated with an investment in the Trusts please read the prospectus.
|
|
QUICK LINKS
(09/14/11)
ETF Securities USA LLC (ETFS) today announced that the
total assets under management (AUM) of its U.S.-listed products is now $4.7 billion, which
represents 15% of the firm's new total of roughly $31 billion in AUM worldwide as at the end of
August 2011.
(08/11/11)
ETF Securities USA LLC (ETFS) announced today that on July 29, 2011, its physically-backed platinum ETP (PPLT) was the world's largest in terms of AUM, which stood at $802m. This represented roughly 450k ounces of platinum stored in secure vaults located in London, U.K. and Zurich, Switzerland.
(07/21/11)
ETF Securities has offered U.S. physically-backed precious metal exchange traded products (ETPs) since July 2009. In two years, the firm has grown its U.S. assets under management (AUM) to $4.2 billion as of July 19, 2011.
|
