The fund, trading under the CUSIP GLTR, for glitter, on
“GLTR complements the existing four individual precious metals products ETF Securities offers to U.S. 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 U.S,” Jheon added.
The new fund charges an annual fee of 60 basis points. ETF Securities manages $22 billion in assets under management.