ETF Quote Details
|NAV (month end)||30.30|
|Premium (+)/Discount (-) (month end)||-0.33|
Zacks Premium Research for PGM
|Zacks ETF Rank [?]||Buy 2|
|ETF Risk [?]||NA|
Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.
This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:
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ETF Expense Ratio
|Dividend (Yield)||$0.00 (0.00%)|
This index looks to provide the returns that are available through an investment in the futures contracts on the commodity of platinum. Platinum is a precious metal that is important to a vareity of processes but especially in jewlery and catalytic converters in cars. The product also includes the rate of interest from collateral invested in Treasury Bills.
PGM is a sub-index of the Dow Jones-UBS Commodity Index Total Return and is intended to reflect the returns that are potentially available through an unleveraged investment in the futures contracts on physical commodities comprising the index as well as the rate of interest that could be earned on cash collateral invested in specified Treasury Bills.