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The abrdn Palladium ETF Trust owns physical palladium bullion, offering investors a cost-effective, accessible way to track palladium prices without direct ownership. It operates on a transparent exchange-traded model, with shares representing fractional interests in the metal. The trust facilitates creation and redemption through authorized participants, with valuation based on LBMA prices, and aims to provide exposure to palladium’s industrial demand and price movements.
This description was generated via AI from an annual report. Updated about 1 year ago.