Title: PRIIPS_IE00B4LJS984_en_20250630_6_1_Invesco_Physical_Palladiu_622884

URL Source: https://docs.oppl.io/etf/IE00B4LJS984_17-07-2025.pdf

Published Time: Sat, 30 Aug 2025 11:05:57 GMT

Markdown Content:
Page 1 of 3 

# Product Product Product Product 

Product Name: Invesco Physical Palladium ETC 

ISIN: ISIN: ISIN: ISIN: IE00B4LJS984 Manufacturer: Manufacturer: Manufacturer: Manufacturer: Invesco Physical Markets plc Competent authority: Competent authority: Competent authority: Competent authority: Central Bank of Ireland Contact details: Contact details: Contact details: Contact details: by phone on +353 1 439 8000 or visit https://etf.invesco.com 

This key information is accurate as at 17 July 2025. 

# What is this product? 

Type: This product is a physically backed exchange traded certificate. These are 

secured, limited recourse certificates. 

Objectives: The Invesco Physical Palladium ETC aims to provide the performance of the 

spot palladium price through certificates collateralised with physical 

palladium. The base currency is USD. 

Intended Retail Investor: 

This product is intended for investors who are willing to invest for a long term 

and who plan to stay invested for at least 5 years. Investors should be prepared 

to take on a relatively high level of risk of loss to their original capital in order to 

get a higher potential return. 

Term: This product has a final maturity date of 31 December 2100. The Manufacturer 

has the right to terminate the product in a limited number of circumstances, as 

set out in the prospectus. 

## Key Information Document 

> Purpose: Purpose: Purpose: Purpose: This document provides you with key information about this investment product. It is not marketing material. The information is required by law to help you understand the nature, risks,
> costs, potential gains and losses of this product and to help you compare it with other products.

Page 2 of 3 

# What are the risks and what could I get in return? 

## Risk Indicator 

1 2 3 4 5 6666 7

Lower risk Higher risk 

# What happens if Invesco Physical Markets PLC is unable to pay out? 

You may face a financial loss should the Manufacturer or the custodian, JPMorgan Chase Bank, N.A., default on their obligatio ns. 

There is no compensation or guarantee scheme in place which may offset, all or any of, this loss. 

# What are the costs? 

The Reduction in Yield (RIY) shows what impact the total costs you pay will have on the investment return you might get. The total costs take into account one-off, ongoing and incidental costs. The amounts shown here are the cumulative costs of the product itself, for three different holding periods. They include potential early exit penalties. The figures assume you invest USD 10,000. The figures are estimates and may change in the future. 

# !

The summary risk indicator is a guide to the level of risk of this product compared to other products. It shows how likely it is that the product will lose money because of movements in the markets or because we are not able to pay you. We have classified this product as 6 out of 7, which is “the second-highest” risk class. This rates the potential losses from future performance at a high level, and poor market 

conditions are very likely to impact the ability for you to receive a positive return on your investment. If the issuer cannot pay the specified return, the palladium will be used to repay investors. Investors will have no claim on the other assets of the Issuer. Please see the Prospectus for all relevant risks. The product does not include any protection from future market performance so you could lose all or some of your investment. Be aware of currency risk. In some circumstances, you may Be aware of currency risk. In some circumstances, you may Be aware of currency risk. In some circumstances, you may Be aware of currency risk. In some circumstances, you may receive payments in a different currency from your local receive payments in a different currency from your local receive payments in a different currency from your local receive payments in a different currency from your local currency, so the final return you will get may depend on the currency, so the final return you will get may depend on the currency, so the final return you will get may depend on the currency, so the final return you will get may depend on the exchange rate between the two curren exchange rate between the two curren exchange rate between the two curren exchange rate between the two currencies. This risk is not cies. This risk is not cies. This risk is not cies. This risk is not considered in the indicator shown here. considered in the indicator shown here. considered in the indicator shown here. considered in the indicator shown here. 

The return to the investor depends on the return of the certificates. As the certificates are fully backed by physical palladium, the performance of the certificates is driven by changes in the price of palladium. The benchmark of the certificate is the post·meridian (afternoon) auction rate for the London Bullion Market Association Palladium price. The certificates are backed by physical palladium which is purchased when the certificates are issued. The certificates are valued daily based on their palladium entitlement and the post·meridian (afternoon) auction rate for the London Bullion Market Association Palladium price which closely tracks the performance of the price of palladium less costs. As a result, the performance and volatility of the certificates and the benchmark are very similar. What could affect my return positively? What could affect my return positively? What could affect my return positively? What could affect my return positively? When the price of palladium increases, the value of the certificates will also increase. The price of palladium is influenced by a variety of factors including interest rate movements, exchange rate fluctuations, inflation, industrial activity and movements in other asset classes with palladium often being viewed as a store of value. All of these factors will impact the supply (mining and recycled material) and demand (investor, consumer, industrial and auto catalysis) for this precious metal commodity which will in turn impact the price. What could affect my return negatively? What could affect my return negatively? What could affect my return negatively? What could affect my return negatively? When the price of palladium decreases, the value of the certificates will also decrease. Should you sell your investment during adverse market conditions for palladium, you are likely to make a loss or a very low return on your investment. On 31 December 2100, the final maturity date, any certificates that have not been previously sold or redeemed, will be redeemed on that day. The palladium assets will be sold at the prevailing market price on that day, and this will determine the price the certificates are redeemed at. 

Investment performance information 

The risk indicator assumes you keep the product for 5 years. The actual risk can vary significantly if you cash in at an early stage and you may get back less. Page 3 of 3 

## Table 1: costs over time 

The person selling you or advising you about this product may charge you other costs. If so, this person will provide you with 

information about these costs, and show you the impact that all costs will have on your investment over time.        

> Investment Scenarios ($10,000) If you cash in after 1 year If you cash in after 3 years If you cash in after 5 years
> Total costs 19.00 USD 56.89 USD 94.64 USD
> Impact on return (RIY) per year 0.19% 0.19% 0.19%

## Table 2: composition of costs Table 2: composition of costs Table 2: composition of costs Table 2: composition of costs 

The table below shows: 

 The impact each year of the different types of costs on the investment return you might get at the end of the recommended holding period. 

 The meaning of the different cost categories. 

## This table shows the impact on return per year. This table shows the impact on return per year. This table shows the impact on return per year. This table shows the impact on return per year. 

One-off costs Entry costs 0.00% The impact of the costs you pay when entering your investment. 

This is the most you will pay, and you could pay less. 

Exit costs 0.00% The impact of the costs of exiting your investment when it matures. 

Ongoing costs 

Portfolio transaction 

costs 0.00% The impact of the costs of us buying and selling underlying investments for the product. 

Other ongoing costs 0.19% The impact of the costs that we take each year for managing 

your investments. 

Incidental costs Performance fees 0.00% This product does not have any performance fees. 

Carried interests 0.00% This product does not have any carried interests. 

# How long should I hold it and can I take my money out early? 

Recommended holding period: 5 years 

This Product has no required minimum holding period however we have selected 5 years as the recommended holding period as the Product invests for the long term therefore you should be prepared to stay invested for at least 5 years. You can sell your shares in the Product during this period, subject to satisfying certain criteria as set out in the prospectus, or hold the investment longer. If you sell some or all of your investment before 5 years the Product will be less likely to achieve its objectives, however, you will not incur any additional costs by doing so. 

# How can I complain? 

If you have any complaints about the product or conduct of the manufacturer or the person advising on, or selling the product, you may lodge your complaint in one of three ways: (1) You can contact us by phone on +353 1 439 8000 and we will log your complaint and explain what to do. (2) You may log your complaint via email on investorcomplaints@invesco.com 

(3) You may send your complaint in writing to ETF Legal Department, Invesco, 60 London Wall, London, EC2M 5TQ, UK. 

# Other relevant information 

Additional Information: Additional Information: Additional Information: Additional Information: We are required to provide you with further information, such as the prospectus, the latest annual report 

and any subsequent interim reports. These documents and other practical information are available free of charge at 

etf.invesco.com (select your country and navigate to the Documents section on the product page).