62 unchanged sentences
of Operations
−Removed: Quarter Ended September 30, 2023
−Removed: the quarter the Trust’s net asset value increased by 4.05% from $34,919,057 on June 30, 2023, to $36,334,386 on September 30, 2023.
−Removed: The increase in the Trust’s net asset value was partly due to an increase in the number of shares outstanding from 4,000,000 to
−Removed: 4,050,000 over this period.
−Removed: The net 50,000 shares increase was a result of 9 creation orders and 8 redemption orders (50,000 shares per
−Removed: creation and redemption).
−Removed: The Trust’s net asset value was also positively impacted by the change in the price of platinum, which
−Removed: increase 2.90% from $897.00 on June 30, 2023 to $923.00 on September 30, 2023.
−Removed: 2.75% increase in the Trust’s net asset value per share from $8.73 at June 30, 2023 to $8.97 at September 30, 2023 is directly
+Added: Quarter Ended December 31, 2023
+Added: the quarter the Trust’s net asset value increased by 8.86% from $36,334,386 on September 30, 2023, to $39,552,262 on December 31,
+Added: The change in the Trust’s net asset value was due to the change in the price of platinum, which increased 8.99% from $923.00
+Added: on September 30, 2023, to $1,006.00 on December 31, 2023.
+Added: There were no changes in the Trust’s number of shares outstanding over
+Added: 8.92% increase in the Trust’s net asset value per share from $8.97 at September 30, 2023 to $9.77 at December 31, 2023 is directly
related to the 8.99% increase in the price of platinum.
−Removed: Trust’s net asset value per share increased slightly less than the price of platinum on a percentage basis due to the Sponsor’s
−Removed: fees, which were $46,869 for the period, or 0.13% of the Trust’s average weighted assets of $37,288,366 during the period.
−Removed: net asset value per share of $9.58 on July 19, 2023 was the highest during the period, compared with a low during the period of $8.63
−Removed: on August 16, 2023.
−Removed: increase in net assets resulting from operations for the quarter ended September 30, 2023 was $1,266,002, resulting primarily from an
+Added: Trust’s net asset value per share increased slightly less than the price of platinum on a percentage basis due to the
+Added: Sponsor’s fees, which were $45,290 for the period, or 0.13% of the Trust’s average weighted net assets of $36,040,977
+Added: during the period.
+Added: The net asset value per share of $9.77 on December 29, 2023 was the highest during the period, compared with a
+Added: low during the period of $8.26 on November 13, 2023.
+Added: increase in net assets resulting from operations for the quarter ended December 31, 2023 was $3,257,615, resulting primarily from an
unrealized gain on investment in platinum bullion of $3,352,432, reduced by a loss of $49,527 on metal sold to cover redemption orders
1 unchanged sentence
Other than the Sponsor’s fees the Trust had no expenses during
+Added: Months Ended December 31, 2023
+Added: Trust’s net asset value increased by 13.27% from $34,919,057 on June 30, 2023, to $39,552,262 on December 31, 2023.
+Added: increase in the Trust’s net asset value was mainly due to the change in the price of platinum, which increased 12.15% from
+Added: $897.00 on June 30, 2023 to $1,006.00 on December 31, 2023.
+Added: The increase in the Trust’s net asset value was also partly due to
+Added: an increase in the number of shares outstanding from 4,000,000 to 4,050,000 over this period.
+Added: The net 50,000 shares increase was a
+Added: result of 10 creation orders and 9 redemption orders (50,000 shares per creation and redemption).
+Added: 11.91% increase in the Trust’s net asset value per share from $8.73 at June 30, 2023 to $9.77 at December 31, 2023 is directly
+Added: related to the 12.15% increase in the price of platinum.
+Added: Trust’s net asset value per share increased slightly less than the price of platinum on a percentage basis due to the
+Added: Sponsor’s fees, which were $92,159 for the period, or 0.25% of the Trust’s average weighted net assets of $36,664,671
+Added: during the period.
+Added: The net asset value per share of $9.77 on December 29, 2023 was the highest during the period, compared with a
+Added: low during the period of $8.25 on November 13, 2023.
+Added: increase in net assets resulting from operations for the six-month period ended December 31, 2023 was $4,523,617, resulting primarily
+Added: from an unrealized gain on investment in platinum bullion of $4,839,362, reduced by a loss of $223,586 on metal sold to cover redemption
+Added: orders and Sponsor’s fees and by the Sponsor’s fees of $92,159.
+Added: Other than the Sponsor’s fees the Trust had no expenses
+Added: during the quarter.
Quantitative and Qualitative Disclosures About Market Risk
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.