SPPPSprott Physical Platinum and Palladium Trust

Sprott Physical Platinum and Palladium Trust is a closed-end trust that provides exposure to physical platinum and palladium bullion. Its core purpose is to hold unencumbered, fully allocated, Good Delivery metal on behalf of investors seeking a convenient, exchange-traded way to access these precious metals without direct storage or handling. The trust focuses on long-term bullion holdings rather than trading around short-term price movements, making it a straightforward vehicle for market participants looking to track the physical metals market. Managed by Sprott Asset Management LP, the trust plays a specialized role in the precious metals segment by offering access to two industrial and investment metals used in automotive catalysts, electronics, jewelry, and broader commodity markets.