ETF Securities Sets Silver, Platinum, Palladium Fund
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An exchange-traded fund backed by physical silver, platinum and palladium will start trading tomorrow in New York, according to ETF Securities Ltd., the issuer.
The White Metals Basket ETF, listed on the NYSE Arca exchange under the ticker WITE, offers investors “a higher- volatility option than holding just gold or gold-related products,” William Rhind, the head of U.S. sales and marketing at ETF Securities in New York, said yesterday on a conference call.