PGM : iPath Series B Bloomberg Platinum Subindex Total Return ETN

PGM is a Commodities Market Focused with MODERATE fees.

PGM

iPath Series B Bloomberg Platinum Subindex Total Return ETN

FI Score

38 /100

Expense Ratio Rating

7 /10

Expense Rating

6 /10

Market Score

2 /10

Category Score

0 /10

Market Size

2 /10

38% FI Score
  • pgm
  • ETF
  • Commodities
  • Focused

iPath Series B Bloomberg Platinum Subindex Total Return ETN

Expenses: 0.45% (Better than 1% of similar funds)

This is a bad choice for a Focused Commodities fund. See why »

Fund Summary

The investment seeks return linked to the performance of the Bloomberg Platinum Subindex Total ReturnSM. The ETN offers exposure to futures contracts and not direct exposure to the physical commodities. The index is composed of one or more futures contracts on the relevant commodity (the “index components”) and is intended to reflect the returns that are potentially available through (1) an unleveraged investment in those contracts plus (2) the rate of interest that could be earned on cash collateral invested in specified Treasury Bills.

Largest Holdings

Amount Holding
100.00%

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