1nvest Platinum ETFs are backed by physical platinum, stored and insured in secured custodian vaults. Each platinum ETF will have recourse to good delivery platinum bars. The platinum is segregated, individually identified and allocated in secured vaults. 1nvest ETF is not allowed to introduce any outside risks into the platinum ETFs including leasing of the precious metals. Each platinum ETF unit has an entitlement to an amount of platinum and is referred to as the metal entitlement factor (or asset allocation factor). The metal entitlement factor changes daily to reflect the ETF’s management fee.