Swisscanto (CH) Platinum ETF (Ticker: ZKPLF) is an open-end exchange-traded fund domiciled in Switzerland that invests exclusively in physical platinum to replicate the performance of the platinum spot price in Swiss francs. Launched on May 9, 2007, and listed on the SIX Swiss Exchange under ticker ZPLA (ISIN: CH0183136057), the ETF provides investors with exposure to platinum through 100% physically backed holdings of platinum bars stored in Switzerland, with no counterparty risk due to its separate asset status under the Swiss Collective Investment Schemes Act (CISA); investors may redeem units for physical platinum in standard 5-kilogram bars. Managed by Swisscanto Fondsleitung AG in Zurich, with portfolio management and custody provided by Zürcher Kantonalbank, the fund features an annual total expense ratio of 0.50%, annual distributions, and a fund size exceeding CHF 333 million as of April 2025.
The ETF targets long-term investors seeking platinum exposure as a hedge against inflation and portfolio diversification, given platinum's low correlation with equities and bonds; it holds approximately 13 tons of physical platinum, equivalent to about 9.131 grams per share, with all assets custodied in Switzerland.
In March 2025, the share class underwent a rebranding from ZKB Platinum ETF AA CHF to Swisscanto (CH) Platinum ETF EA CHF, reflecting administrative updates under Swisscanto's management structure while maintaining its core physical replication strategy and operational framework.