SPROTT PHYSICAL PLATINUM & PALLADIUM TRUST current report, Q1 FY2014

Business Context and Reporting Period

This Form 6-K filing by Sprott Physical Platinum & Palladium Trust covers the period ending March 31, 2014. The document serves as a conduit to incorporate by reference the Trust's Management Report of Fund Performance and Unaudited Interim Financial Statements for the quarter.

Key Financial Metrics

The provided text does not contain specific numerical values for 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 referenced but not included in the text of this filing summary.

Material Changes

The filing text does not provide specific data regarding material changes versus the prior comparable period. Investors must refer to the incorporated Exhibit 99.1 for comparative performance analysis.

Guidance, Outlook, and Risks

This specific Form 6-K text contains no management commentary, forward-looking guidance, risk factors, or disclosures of unusual items. Such information is expected to be detailed in the attached Management Report of Fund Performance.

Investor Verification Checklist

  • Verify the specific Net Asset Value (NAV) per unit as of March 31, 2014, 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 insurance coverage.
  • Examine the reconciliation of the Trust's holdings to the spot market prices for the reporting period.