LSE - Delayed Quote GBp

ETFS GBP Daily Hedged Precious Metals DJ-UBS PDSM ETC (PPMT.L)

626.25 +4.00 (+0.64%)
At close: September 12 at 3:10 PM GMT+1

ETF Summary

ETFS GBP Daily Hedged Precious Metals (PPMT) is designed to provide investors with a total return exposure to commodity futures with a daily currency hedge against movements in the GBP/USD exchange rate by tracking the Bloomberg Precious Metals Subindex Pound Sterling Hedged Daily (the "Index") and providing a collateral yield. PPMT is an exchange traded commodity ("ETC"). Its securities can be created and redeemed on demand by authorised participants and traded on exchange just like shares in a company. The ETC is backed by swaps. The payment obligations of the swap counterparties to the Issuer are protected by collateral held which is marked to market daily. The collateral is held in segregated accounts at The Bank of New York Mellon. Details of the collateral held can be found in the Collateral section of the website (www. etfsecurities. com).

ETF Overview

Category --
Fund Family WisdomTree Hedged Commodity Securities Limited
Net Assets 75.64k
YTD Daily Total Return 13.99%
Yield 0.00%
Legal Type Exchange Traded Fund

ETF Operations

Attributes PPMT.L Category Average
Annual Report Expense Ratio (net) 0.54% --
Holdings Turnover 0.00% --
Total Net Assets 0.00 0.00

Morningstar Style Box

Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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