Invesco Physical Palladium ETC

What this fund is

Invesco Physical Palladium ETC is an exchange-traded fund (ETF) from Invesco, traded under the ticker 8PSC (ISIN IE00B4LJS984). One trade buys a whole basket of holdings, so your money is spread out instead of riding on a single 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 Palladium Price (PM) index — mirroring that market instead of paying a manager to pick winners, which keeps costs low, and its largest holdings include PALLADIUM.

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 50.8% over the past year — a gauge of how much the value moves, not a judgement of quality. It launched in 2011. Like any investment, it can lose value as well as gain, and what it did before does not predict what it will do next. (Fund data sourced from Invesco.)