Global X Physical Palladium Structured (ASX: ETPMPD)
Global X Physical Palladium Structured (ETPMPD) offers a low-cost and secure way to access physical palladium via the stock exchange.
Comparison Data
1Performance
| 1 month | 3 month | 1 year | 3 year | 5 year | Since Inception | Inception Date |
|---|---|---|---|---|---|---|
| -7.51% | 17.45% | 72.29% | 6.04% | -3.45% | 13.56% | 19 Dec 2008 |
Fees
| Management Fee | Performance Fee | Morningstar Total Cost Ratio |
|---|---|---|
| 0.49% | - | 0.49% |
Investment Highlights
The Global X Physical Palladium Structured (ETPMPD) provides a secure and efficient mechanism for gaining direct exposure to physically allocated palladium. By seeking to track the Australian dollar price of the metal, the fund capitalises on palladium’s essential role in the automotive industry, where it is primarily utilised in catalytic converters to manage exhaust emissions.
Each security is backed by physical bars held at JPMorgan Chase Bank in London, adhering to the strict Good Delivery standards of the London Platinum and Palladium Association. Because every bar is segregated and individually identified, the structure effectively eliminates credit risk to the custodian. Given the highly concentrated global supply and robust industrial demand for this precious metal, ETPMPD serves as a sophisticated alternative allocation. It allows investors to enhance portfolio risk-adjusted returns through a liquid, exchange-traded product that reflects the unique supply and demand dynamics of the palladium market.
ETPMPD invests in physically allocated palladium which is vaulted in London on behalf of holders. It aims to offer a return equivalent to the movements in the Australian dollar price of palladium, less the annual management fee.
Global X Physical Palladium Structured (ETPMPD) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the LBMA Palladium Price PM in Australian Dollars.
- Demand for palladium is dominated by the automotive industry for use in catalytic converters to control the emission of harmful exhaust gas.
- Global supply of palladium is highly concentrated1.
1 (Johnson Matthey, 2023) https://matthey.com/documents/161599/404086/PGM+Market+Report+May23.pdf
- ETPMPD is an exchange traded product that trades on the stock exchange just like a share and is settled and held in ordinary brokerage accounts.
- Each ETPMPD share entitles the holder to an amount of physical palladium held by the custodian, JPMorgan Chase Bank, N.A. in London.
- The palladium adheres to global palladium quality standards as per the London Platinum and Palladium Association’s (LPPM) rules for Good Delivery.
- Each physical bar is segregated, individually identified and allocated which means there is no credit risk to the custodian.
- ETPMPD can enhance a portfolio’s overall risk/return characteristics through diversification.
- It can be used as part of the alternatives allocation in a portfolio.
- As a growth exposure in relation to industrial demand in automotive manufacturing.
Click here to view our latest Performance Details.
Global X Metal Securities Australia Limited (MSAL) is a Corporate Authorised Representative (CAR No: 001274650) under the Global X Management (AUS) Limited AFSL. (AFSL No: 466778). Before considering an investment in these products, investors should obtain a copy of the Prospectus from Global X Management (AUS) Limited (“Global X”) or at www.globalxetfs.com.au. Any investment decision should only be considered after reading the relevant offer document in full. The information provided in this document is general in nature only and does not take into account your personal objectives, financial situations or needs. Before acting on any information in this document, you should consider the appropriateness of the information having regard to your objectives, financial situation or needs and consider seeking independent financial, legal, tax and other relevant advice having regard to your particular circumstances. Any investment decision should only be made after obtaining and considering the relevant prospectus. Investments in any product issued by Global X are subject to investment risk, including possible delays in repayment and loss of income and principal invested. None of Global X, the group of companies which Mirae Asset Global Investments Co., Ltd is the parent, or their respective directors, employees or agents guarantees the performance of any products issued by Global X or the repayment of capital or any particular rate of return therefrom. The value or return of an investment will fluctuate and an investor may lose some or all of their investment. Past performance is not a reliable indicator of future performance.
Information current as at April 2025.
Global X ETFs is a leading global ETF provider with a growing range of cost-effective and innovation-led products which are built to help investors and their advisers achieve better investment outcomes. While we are distinguished for our Thematic Growth, Income, and International Access ETFs, we also offer Core, Commodity, and Digital Assets funds to suit a wide range of investment objectives. Explore our ETFs, research, and insights, and more at www.globalxetfs.com.au.
Global X is a member of Mirae Asset Financial Group, a global leader in financial services, with more than US$528 billion in assets under management worldwide.¹ Mirae Asset has an extensive global ETF platform ranging across the US, Australia, Brazil, Canada, Colombia, Europe, Hong Kong, India, Japan, Korea, and Vietnam with almost $100 billion in assets under management.²
¹ Assets under management as at March 2023, Mirae Asset Global Investments
² Assets under management as at June 2023, Mirae Asset Global Investments
Click here to view our past and current Announcements and Notices.
Published by Global X Management (AUS) Limited
INVESTOR EDUCATIONASSET ALLOCATIONINVESTMENT THEMES
ETF
INVESTMENT THEMESINVESTOR EDUCATION
Published by Global X Management (AUS) Limited
Statutory Statement
The issuer of this product is identified at the top of this page. The PDS and target market determination for the product are available in the Documents section of this listing. Prospective investors should consider the PDS before deciding to acquire the product. This product listing was vetted by and approved by the product issuer identified above before publishing. Investment Markets (Aust) Pty Ltd AFSL 527875 (IM) is not the issuer of the product.
General Disclaimer
IMPORTANT STATEMENT ABOUT YOUR USE OF THIS SITE
Information on this site is intended for Australian users only.
This site is operated by Investment Markets (Aust) Pty Ltd. (ACN 634 057 248) (IMA, we, us and our), the holder of Australian Financial Services Licence (AFSL) no. 527875. The content is provided solely for information purposes, is not a recommendation or an offer to buy or sell a security, and is not warranted to be correct, complete or accurate. To the extent permitted by law, neither IMA, its affiliates, nor the content providers (such as the issuers of securities who appear on the site) are responsible for any investment decisions, damages or losses resulting from, or related to, the content, data and analyses or their use. The investment products on this site and any statements made about them by their issuers are not vetted, verified or researched by IMA. The presence of an investment product on this site should not be interpreted as an implied endorsement of it by IMA. Certain content provided may constitute a summary or extract of another document such as a Product Disclosure Statement. To the extent any content is general advice, it has been prepared by IMA. Any general advice has been provided without reference to your investment objectives, financial situations or needs. For more information refer to our Financial Services Guide. To obtain advice tailored to your situation, contact a financial advisor. You should consider the advice in light of these matters and, if applicable, the relevant Product Disclosure Statement (or other offer document) before making any decision to invest. Past performance does not necessarily indicate an investment product’s future performance. The content is current as at date of initial publication and may not be current as at your date of viewing. For a more complete understanding of all the terms and conditions of your use of this site click here.
1 For use in Australia: © 2025 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its affiliates or content providers; (2) may not be copied, adapted or distributed; (3) is not warranted to be accurate, complete or timely and 4) has been prepared for clients of Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892), subsidiary of Morningstar. Neither Morningstar nor its content providers are responsible for any damages arising from the use and distribution of this information. Past performance is no guarantee of future results.
Any general advice has been provided without reference to your financial objectives, situation or needs. For more information refer to our Financial Services Guide at http://www.morningstar.com.au/s/fsg.pdf. You should consider the advice in light of these matters and if applicable, the relevant Product Disclosure Statement before making any decision to invest. Morningstar's publications, ratings and products should be viewed as an additional investment resource, not as your sole source of information. Morningstar's full research reports are the source of any Morningstar Ratings and are available from Morningstar or your advisor. Past performance does not necessarily indicate a financial product's future performance. To obtain advice tailored to your situation, contact a financial advisor. Some material is copyright and published under licence from ASX Operations Pty Ltd ACN 004 523 782.