About PHPT
WisdomTree Physical Platinum is an exchange-traded commodity (ETC) that provides investors with direct exposure to the spot price of physical platinum. Launched on April 24, 2007, and domiciled in Jersey, it is physically backed by allocated platinum bullion stored in London vaults, adhering to London Platinum and Palladium Market (LPPM) Good Delivery standards, with inspections conducted twice annually by Inspectorate International. The ETC tracks the Platinum London PM Fix price, adjusted daily for its 0.49% management expense ratio, offering a transparent metal entitlement published each day. Structured as a debt security issued by WisdomTree Metal Securities Limited, with HSBC Bank plc as custodian, it eliminates the need for investors to handle storage, insurance, or delivery. UCITS eligible and Sharia compliant, WisdomTree Physical Platinum holds significant assets under management, around 579-594 million USD or equivalent in euros, and trades like shares on exchanges for liquidity. It plays a key role in commodities markets by enabling straightforward access to platinum, a precious metal used in automotive catalysts, jewelry, and industrial applications, without leverage or currency hedging.
Asset Class Commodities
Category Platinum
Stock Exchange London Stock Exchange
Ticker Symbol PHPT
Provider WisdomTree
Index Tracked Disc. Platinum London PM Fix ($/ozt)
PHPT had a total return of 26.13% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.20%.
London · Delayed Price · Currency is GBP · Price in USD