The Invesco Physical Platinum ETC aims to provide the performance of the spot platinum price through certificates collateralised with physical platinum. Each Platinum ETC is a certificate which is secured by physical platinum held in J.P. Morgan Chase Bank's London vaults. The Issuer of the certificates, Invesco Physical Markets PLC (Invesco PMP), is an Irish-domiciled company administered by Wells Fargo Bank N.A. The vast majority of platinum is held in allocated platinum plates/ingots. Any residual value that cannot be split into standard platinum plates/ingots will be put into unallocated platinum. This is placed in a segregated account with J.P. Morgan Chase Bank acting as Custodian and Deutsche Bank as Trustee. The investment return is achieved by holding physical platinum which is valued daily at the London PM fixing price. Invesco ETCs are exchange traded certificates and not funds or exchange traded funds.