ETF Securities Passes $3 Billion in US Assets Under Management

ETF Securities USA LLC (ETFS) announced today that the total assets under management of its six products; ETFS Physical Swiss Gold Shares (SGOL), ETFS Physical Silver Shares (SIVR), ETFS Physical Platinum Shares (PPLT), ETFS Physical Palladium Shares (PALL), ETFS Physical PM Basket Shares (GLTR) & ETFS Physical WM Basket Shares now exceed $3 Billion as of December 10th, 2010.

New White Metals ETP (WITE) launched 3rd December 2010. WITE provides exposure to Silver, Platinum & Palladium

New "Glitter" ETP (GLTR) launched 21st October 2010. GLTR provides exposure to Gold, Silver, Platinum & Palladium

ETF Securities offers one of the broadest suite of physically backed Exchange Traded Products (ETPs) in the US with plans to expand the product offering

Options contracts available on SGOL and SIVR

ETFS Physical White Metal Basket Shares starts trading on NYSE Arca: (Ticker: WITE)

ETFS Physical White Metal Basket Shares (Ticker: WITE) will be the first US-based physically backed white precious metal basket ETP to hold silver, platinum and palladium in fixed weights. 


WITE complements the existing suite of products provided by ETF Securities; GLTR, SGOL, SIVR, PPLT & PALL. ETF Securities continues to offer the broadest range of physically backed precious metal ETPs in the US market.


Key highlights of WITE:

• Unique offering: ETFS Physical WM Basket Shares (Ticker: WITE) will be the first US physically-backed ETP to exclusively hold silver, platinum and palladium in fixed weights. WITE complements the existing suite of products provided by ETF Securities, which continues to offer the broadest range of physically-backed precious metal ETPs in the US market.
• White metals Basket: It is expected that WITE will appeal to those investors looking for a “one trade solution” to invest in all three precious metals as well as diversify their existing gold holdings.
• Industrial Metal Play: It is expected that WITE may appeal to investors looking for a precious metals play more geared to the economic growth cycle.
• Cost effective: The Sponsor’s Fee for WITE will be 0.60%⁽³⁾. It is expected that the transaction costs for buying and selling the shares will be lower than purchasing, storing and insuring physical silver, platinum and palladium.
• Liquid: The shares will trade on the NYSE Arca. The Trust structure allows for shares to be created and redeemed according to supply and demand in the market.
• Transparent: The silver, platinum and palladium bullion held by the trust is inspected biannually by the independent metal assayer, Inspectorate International. The pricing information, net asset value, and precious metals bar numbers held by the Trust are published daily on the website www.etfsecurities.com.

ETF Securities is the first US ETF Sponsor to provide investors with access to a full suite of precious metal ETFs. Investors can now trade physically-backed Gold, Silver, Platinum, Palladium & Precious Metals Basket ETFs from the same provider. The six precious metal ETFs have the following key features:

• Track spot price of underlying metal less associated management fees
• Physically backed by underlying bullion – minimal counterparty risk
• Gold, Silver, Platinum & Palladium vaulted in London and Switzerland
• Bullion holdings audited by specialist audit firm biannually – audit reports published on the website www.etfsecurities.com
• Bullion bar list published on website
• Low cost
• Options are trading on ETFS Physical Swiss Gold Shares (SGOL) and ETFS Physical Silver Shares (SIVR).

ETF Securities Launches New Precious Metals Basket (GLTR)

BusinessWire - ETF Securities announced today that ETFS Precious Metals Basket shares will list on the NYSE Arca on October 22, 2010 trading under the ticker symbol GLTR "Glitter".

Key highlights of GLTR:

Unique offering: ETFS Physical Precious Metal Basket Shares (Ticker: GLTR) will be the first US-based physically backed precious metal basket ETP to hold gold, silver, platinum and palladium in fixed weights. GLTR complements the existing suite of products provided by ETF Securities and continues to offer the broadest range of physically backed precious metal ETPs in the US market. Precious metals Basket: It is expected that GLTR will appeal to those investors looking for a "one size fits all" ETP for their precious metal exposure.(8) Cost effective: The Sponsor's Fee for GLTR will be 0.60%(3). It is expected that the transaction costs for buying and selling the Shares will be lower than purchasing, storing and insuring physical gold, silver, platinum and palladium. Liquid(6) -- The Shares will trade on the NYSE Arca. The Trust structure allows for shares to be created and redeemed according to supply and demand in the market. Transparent -- The gold, silver, platinum and palladium bullion held by the trust is inspected biannually by the independent metal assayer, Inspectorate International. The pricing information, net asset value, and precious metals bar numbers held by the Trust are published daily on our website www.etfsecurities.com. Flexible - The shares are available to be bought or sold, like ordinary listed securities throughout the trading day. The shares are eligible for margin accounts.

ETFS Precious Metals Basket Trust

The objective of the ETFS Precious Metals Basket Trust (GLTR) shares reflect the performance of the price of Gold, Silver, Platinum and Palladium, less the Trust's expenses. The Trust is open ended and is designed for investors who want a cost-effective (1) and convenient (2) way to invest in all four precious metals as well as diversify their precious metal holdings. The product has an gross expense ratio of 0.60% per annum. (3)

The Shares represent beneficial interest in the Trust, which holds physical allocated gold, silver, platinum and palladium bullion held in vaults by the Custodian (JP Morgan Chase Bank). All physical bullion held with JP Morgan Chase Bank conforms to the London Bullion Market Association's (LBMA)(4) and London Platinum and Palladium Market Association's (LPPM)(5) rules for Good Delivery. Gold and Silver will be held in London and Platinum and Palladium will be held in London or Zurich.

ETF Securities is the first US ETF Sponsor to provide investors with access to a full suite of precious metal ETPs. Investors can now trade physically-backed Gold, Silver, Platinum, Palladium & Precious Metals Basket ETPs from the same provider. The five precious metal ETPs have the following key features:

Track spot price of underlying metal less associated management fees(1) Physically backed by underlying bullion -- minimal counterparty risk Gold, Silver, Platinum & Palladium vaulted in London and Switzerland Bullion holdings audited by specialist audit firm biannually -- audit reports published on the website www.etfsecurities.com Bullion bar list published on website Low cost(1) Options (2) are trading on ETFS Physical Swiss Gold Shares (SGOL) and ETFS Physical Silver Shares (SIVR).

Commenting on Friday's listing of the ETFS Physical Precious Metal Basket on NYSE ARCA, Fred Jheon, Head of Product and Business Development of ETFS Marketing LLC, said:

"GLTR was developed in response to demand from a diverse client base looking for a single ticker solution that provides cost-effective precious metals exposure in a physically-backed fund. GLTR complements the existing four individual precious metals products ETF Securities offers to US investors - SIVR, SGOL, PPLT and PALL - and allows our clients to either hold each product individually or customize according to their investment outlook. We believe that the introduction of this unique product will fill a need in the marketplace and position ETF Securities for further growth in the US."

ETF Securities Ltd (ETFS), one of the world's leading providers of Exchange Traded Products (ETPs), is independently owned and currently has USD $22 billion (as of September 28, 2010) of assets invested in over 180 of its products globally.

The new listing comes from the same management team who created ETFS Physical Swiss Gold Shares (SGOL) and ETFS Physical Silver Shares (SIVR) in 2009, as well as ETFS Physical Platinum Shares (PPLT) and ETFS Physical Palladium Shares (PALL) in January 2010, which have combined assets under management of US$2bn as of September 28th, 2010.

For more information please contact the US marketing agent, ETFS Marketing on 212-918-4954 or visit our website: www.etfsecurities.com

more on investing in precious metals: http://www.artremis.com/article/investing_in_precious_metals.html

ETFS Physical Precious Metals Basket Shares (GLTR)

ETFS Precious Metals Basket shares starts trading on NYSE Arca (Ticker: GLTR) 

The shares, issued by ETFS Precious Metals Basket Trust, are intended to reflect the performance of the prices of gold, silver, platinum and palladium bullion, less fees and expenses. GLTR eliminates the need for investors to choose between these four very attractive precious metals. Each share is backed by 0.03 troy ounce of gold, 1.1 ounces of silver, 0.004 ounce of platinum and 0.006 ounce of palladium. The shares represent beneficial interest in the trust.

In turn, the trust holds physical gold, silver, platinum and palladium bullion in the vaults of its custodian, JP Morgan Chase Bank. All physical bullion held with JP Morgan Chase conforms to the London Bullion Market Association's and the London Platinum and Palladium Market Association's rules for good delivery. Gold and silver will be held in London, while platinum and palladium will be held in either London or Zurich.

The chart below shows that the price of gold has been soaring. The price of gold has risen 26.71% so far in 2010 and it keeps climbing. Another precious metal, platinum, is up 19.07%, while silver and palladium are up 66.28% and 73.40%, respectively, so far this year.

more on investing in precious metals: http://www.artremis.com/article/investing_in_precious_metals.html

Physically-Backed Platinum and Palladium ETFs Are Here

It’s been a long wait, but finally U.S. investors have the physically-backed platinum and palladium exchange traded funds (ETFs) they’ve long been clamoring for.

ETF Securities, which has offered a physically-backed platinum fund in Europe, has launched two similar funds here:

• ETFS Physical Platinum (NYSEArca: PPLT)
• ETFS Physical Palladium (NYSEArca: PALL)

Already, Reuters has noted that trading volume has been robust on their first day.

Each trust will custody all of the physical metal in plate and ingot form in a secure London Platinum Palladium Market-approved vault. The metal in the vault will undergo a bi-annual audit from an independent specialist, and ETF Securities’ website will contain all the identification numbers and audit information.

Platinum and palladium have a range of precious metal attributes, but they’ve also got a range of industrial applications. Most notably, they’re used in the automobile industry in catalytic converters, which remove emissions. As the green energy sector gains momentum and auto sales recover, platinum and palladium are in a strong position to benefit.

Until these funds launched, U.S. investors could access platinum through exchange traded notes (ETNs), and there was no palladium ETN. ETNs act like they own the physical commodity, although they don’t.

The two new funds will buy and sell “baskets” of metal to handle liquidations and purchases. The prospectus for the funds state that the trusts will be discontinued and liquidated if the fund doesn’t have $350 million on its books in the first year. The ETFS Palladium Trust will sell $250 million in shares and the ETFS Platinum Trust will start out with $500 million.