Business Context and Reporting Period
The registrant is the Sprott Physical Platinum and Palladium Trust, a foreign private issuer incorporated in Canada. This Form 6-K filing, dated November 14, 2016, serves to distribute the Management Report of Fund Performance and Unaudited Interim Financial Statements for the period ended September 30, 2016.
Key Financial Metrics
The filing text provided is a cover sheet and does not contain specific numerical data regarding revenue, profit, cash flow, margins, debt, or liquidity. These metrics are contained within the attached Exhibit 99.1 (Management Report and Unaudited Interim Financial Statements), which is incorporated by reference but not included in the source text.
Material Changes
The filing text does not provide specific details on material changes versus the prior comparable period. Such analysis is located in the attached Exhibit 99.1.
Guidance, Outlook, and Risks
The filing text does not contain management commentary, guidance, outlook, or specific risk factors. These disclosures are expected to be found in the attached Management Report of Fund Performance (Exhibit 99.1).
Investor Verification Checklist
- Verify the specific Net Asset Value (NAV) per unit as of September 30, 2016, in the attached Exhibit 99.1.
- Confirm the total ounces of physical platinum and palladium held in the Trust's vaults.
- Review the expense ratio and management fees disclosed in the interim financial statements.
- Check for any changes in the Trust's custody arrangements or auditor.
- Examine the reconciliation of the Trust's NAV to the market price of the underlying metals.