61 unchanged sentences
cost of platinum transferred.
+Added: June 30, 2024
+Added: June 30, 2023
(Amounts in 000’s of US$)
Investment in platinum - cost
−Removed: Unrealized gain / (loss)
−Removed: on investment in platinum
−Removed: Investment in platinum
+Added: Unrealized gain / (loss) on investment in platinum
+Added: Investment in platinum - fair value
the Custody Agreements, the Trustee, the Sponsor and the Sponsor’s auditors and inspectors may, only up to twice a year, visit
8 unchanged sentences
only source of liquidity is its transfers and sales of platinum.
−Removed: Trustee will, at the direction of the Sponsor or in its own discretion, sell the Trust’s platinum as necessary to pay the Trust’s
−Removed: expenses not otherwise assumed by the Sponsor.
−Removed: The Trustee will not sell platinum to pay the Sponsor’s Fee but will pay the Sponsor’s
−Removed: Fee through in-kind transfers of platinum to the Sponsor.
−Removed: At June 30, 2023 the Trust did not have any cash balances.
+Added: Trustee will, at the direction of the Sponsor or in its own discretion, sell the Trust’s platinum as necessary to pay the
+Added: Trust’s expenses not otherwise assumed by the Sponsor.
+Added: The Trustee will not sell platinum to pay the Sponsor’s Fee but
+Added: will pay the Sponsor’s Fee through in-kind transfers of platinum to the Sponsor.
+Added: At June 30, 2024 and 2023 the Trust did not
+Added: have any cash balances.
of Financial Results
+Added: June 30, 2024
+Added: June 30, 2023
(Amounts in 000’s of US$)
3 unchanged sentences
year ended June 30, 2024
+Added: Trust’s NAV increased from $34,919,057 on June 30, 2023 to $43,119,274 on June 30, 2024, a 23.48% increase for the year.
+Added: increase in the Trust’s NAV resulted primarily from an increase in outstanding Shares from 4,000,000 Shares on June 30, 2023 to
+Added: 4,400,000 Shares on June 30, 2024, a result of 850,000 Shares (17 Baskets) being created and 450,000 Shares (9 Baskets) being redeemed
+Added: during that period
+Added: NAV per Share increased 12.26% from $ 8.73 on June 30, 2023 to $9.80 on June 30, 2024.
+Added: The price per ounce of platinum increased 12.82%
+Added: $897 on June 30, 2023 to $1,012 on June 30, 2024.
+Added: The Trust’s NAV per Share increased slightly less than the price per ounce of
+Added: platinum on a percentage basis due to the Sponsor’s Fee, which was $187,695 for the year, or 0.50% of the Trust’s assets
+Added: on an annualized basis.
+Added: year ended June 30, 2023
Trust’s NAV decreased from $44,801,455 on June 30, 2022 to $34,919,057 on June 30, 2023, a 22.1% decrease for the year.
18 unchanged sentences
Trust’s assets on an annualized basis.
−Removed: year ended June 30, 2021
−Removed: Trust’s NAV increased from $8,845,503 on June 30, 2020 to $37,477,854 on June 30, 2021, a 324% increase for the year.
−Removed: in the Trust’s NAV resulted primarily from an increase in outstanding Shares, which rose from 1,100,000 Shares on June 30, 2020
−Removed: to 3,600,000 Shares on June 30, 2021, a result of 2,650,000 Shares (53 Baskets) being created and 150,000 Shares (3 Baskets) being redeemed
−Removed: during that period
−Removed: NAV per Share increased 29.5% from $8.04 on June 30, 2020 to $10.41 on June 30, 2021.
−Removed: The price per ounce of platinum increased 30.1%
−Removed: from $814 on June 30, 2020 to $1,059 on June 30, 2021.
−Removed: The Trust’s NAV per Share increased slightly less than the price per
−Removed: ounce of platinum on a percentage basis due to the Sponsor’s Fee, which was $130,460 for the year, or 0.50% of the Trust’s
−Removed: assets on an annualized basis.
Sheet Arrangements
1 unchanged sentence
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.