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Hurdles loom for SA palladium fund

Posted on 19 July 2013

Hot on the heels of the phenomenal success of its platinum exchange-traded fund, South Africa’s Absa Capital may enjoy even greater demand for a palladium fund it is planning if it manages to clear the hurdles in the way to its launch.
Accumulating more than 500,000 ounces of the metal since inception on April 26, NewPlat ETF, the first South African platinum-backed fund of its type, already accounts for around one quarter of global platinum ETF holdings………………………………………..Full Article: Source


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