Invesco Physical Palladium ETC
UMushroom community rating:
0.00
0 votes
No rating yet
NegativeNeutralPositive
The Invesco Physical Palladium ETC is designed to track the price of palladium by holding actual palladium bullion. The fund secures its palladium in J.P. Morgan Chase Banks' vaults in London, ensuring that each certificate issued is backed by an equivalent amount of physical metal. By maintaining enough palladium in an allocated account, the fund ensures that its holdings directly reflect the spot price of palladium, providing investors with exposure to the metal's performance.