The NewPalladium Exchange Traded Fund (ETF) offers the opportunity to invest in palladium bullion, as it tracks the Rand price of palladium. The debentures are fully backed by physical palladium bullion with each debenture approximately equivalent to 1/100th of a fine troy ounce of palladium bullion, which is held with a secure depository on behalf of investors. The annual management fee is 0.4% of the value of the debenture.
Classified as a domestic investment, NewPalladium Exchange Traded Fund (ETF) offers a simple and cost-effective method to invest in physical palladium bullion. NewGold Issuer Limited (RF) issues listed instruments (structured as debentures) backed by physical holding of precious metals.