Fund Description: Aberdeen Standard Physical Precious Metals Basket Shares ETF formerly ETFS Precious Metals Basket Shares is under the Aberdeen Standard Precious Metals Basket ETF Trust formerly ETFS Precious Metals Basket Trust. The Aberdeen Standard Precious Metals Basket ETF Trust is a common law trust and is not registered as an investment company under the Investment Company Act of 1940. <p> INVESTMENT OBJECTIVE: The ETFS Precious Metals Basket Shares seeks to reflect the performance of the prices of gold, silver, platinum and palladium bullion, less the expenses of the Trust’s operations. <p> TRUST DESCRIPTION: The Shares represent beneficial interest in the Trust, which in turn holds physical allocated gold, silver, platinum and palladium bullion held in vaults by the Custodian (JP Morgan Chase Bank). All physical bullion held with JP Morgan Chase Bank conforms to the London Bullion Market Association’s and London Platinum and Palladium Market Association’s rules for Good Delivery. Gold and Silver will be held in London and Platinum and Palladium will be held in London or Zurich. The Shares are designed for investors who want a cost-effective and convenient way to invest in precious metals. For many investors, it is expected that the transaction costs for buying and selling the Shares will be lower than purchasing, storing and insuring physical gold, silver, platinum and palladium. <p> TRUST STRATEGY: The Shares trade on an exchange like any other exchange-listed product. The Trust structure allows for shares to be created and redeemed according to supply and demand in the market. The gold, silver, platinum and palladium bullion held by the Trust is inspected biannually by the independent metal assayer, Inspectorate International. The pricing information, net asset value of the Trust, and precious metals bar numbers held by the Trust are published daily. <p> TRUST MANAGEMENT: The Bank of New York Mellon is the trustee of the Trust and is generally responsible for the day-to-day administration of the Trust.