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PLTM Market Currents
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December 4, 2011 Graham Tuckwell, who created the first ETFs for gold and oil, is looking to sell his company, ETF Securities, for a potential price of £1B ($1.6B), the FT reports. Tuckwell's decision comes as money pours into gold ETFs and scrutiny increases on the market for the funds.
1 Comment[Commodities]
ETF Stats
- Expense Ratio: 0.70%
- Average Bid Ask Ratio: 0.83%
- Tracking Error: 1.42%
- Concentration Risk: 16.49%
- Capital Gains Dist. %: 0.00%
- Number of Securities: 23
- Dividend Amount: $0.2398
- Dividend Date: 12/21/2011
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at CNBC.com (Aug 29, 2011)
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PLTM Description
The First Trust ISE Global Platinum Index Fund is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before the Fund's fees and expenses, of an equity index call the ISE Global Platinum TM Index.
See more details on sponsor's website
See more details on sponsor's website
Sector: Basic Materials
Country: United States
Key Info
- In Your Portfolio: A Guide to Sector ETFs, A Guide to Commodity ETFs and ETNs
- Asset Class Performance: Commodities