Invesco Physical Platinum ETC

What this fund is

Invesco Physical Platinum ETC is an exchange-traded fund (ETF) from Invesco, traded under the ticker 8PSA (ISIN IE00B40QP990). It lets you buy a basket of holdings in a single trade, spreading your money across them rather than one company. In plain terms it is about tracking physical commodities like gold or oil, which often move differently from shares and are used to spread risk or hedge inflation, spread across its target market. It passively tracks the LBMA Platinum Price (PM) index — mirroring that market instead of paying a manager to pick winners, which keeps costs low, and its largest holdings include PLATINUM.

It is typically held as a diversifier — a slice that behaves differently from mainstream shares — rather than as a portfolio's main engine. Its ongoing charge (TER) is 0.19% a year — about €19 a year on a €10,000 holding, taken automatically from the fund. It is a distributing share class — dividends are paid to you as cash rather than reinvested. It holds the underlying investments directly (physical replication); it is domiciled in Ireland and UCITS-regulated, a European standard built to protect everyday investors and trades in USD.

Its price has swung about 49.7% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2011. As with any investment, its value can go down as well as up, and past performance is not a guide to future results. (Fund data sourced from Invesco.)