Platinum uses a forward pricing methodology with respect to the Platinum Trust Funds and the Platinum Global Fund. Applications for investment in a fund received by 3:00 pm (AEST) on a
in Sydney will normally receive the entry price applicable to that
. Applications for investment in a fund received after 3:00 pm (AEST) on a
in Sydney will normally receive the entry price applicable to the next
Standard Pricing Timeline Example
An investor has deposited monies and a completed Application Form with the necessary supporting documentation by 3:00 pm, Thursday, 17 January 2019. This application should generally receive the entry price applicable to that Thursday which is calculated on Friday, 18 January 2019, using closing prices of global equity markets on the Thursday.
Public Holiday Pricing Timeline Example
Consider the Queen's Birthday holiday 2019 as an example. No unit prices will be calculated on Monday, 10 June 2019, as it will be a public holiday in Sydney. Applications for investment received before 3:00 pm, Friday, 7 June 2019 will receive the entry price calculated on Tuesday, 11 June 2019, using closing prices of global equity markets on the public holiday i.e. on Monday, 10 June 2019.
Withdrawal requests are processed in the same manner.
Unit prices are updated on our website at approximately 5:30 pm (AEST) each
Please refer to New Investors and Existing Investors for detailed procedures on how to apply for units and make withdrawals.