The Fund aims to provide the performance of the spot platinum price through certificates collateralised with physical platinum. Each Platinum P-ETC is a certificate which is secured by physical platinum held in J.P. Morgan Chase Bank's London vaults. The vast majority of platinum is held in allocated platinum plates/ingots. Any residual value that cannot be split into standard platinum plates/ingots will be put into unallocated platinum. The investment return is achieved by holding physical platinum which is valued daily at the London PM fixing price.