UBS ETF (CH) Palladium ETF - USD Stock

The investment objective is to reflect the performance of palladium (LPPM Palladium pm fixing price) after deduction of costs. The stock exchange price may differ from the net asset value.The fund invests in physical palladium in the form of standard bars (1-6 kilograms, according to LPPM). The palladium is physically segregated and stored in a high-security vault in Switzerland. The palladium is held in standard bars which meet the requirements for ?good delivery? set down by the LPPM (including a weight of between 1 kg and 6 kg, purity of at least 999.5/1000). The London Platinum and Palladium Market Association (LPPM) sets out specific requirements for trade with platinum and palladium. The fixings commence at 9.45 am and 2.00 pm London time and take place on every day on which members are open for dealing in London.