<SEC-DOCUMENT>0001460235-17-000022.txt : 20170905
<SEC-HEADER>0001460235-17-000022.hdr.sgml : 20170904
<ACCEPTANCE-DATETIME>20170905134907
ACCESSION NUMBER:		0001460235-17-000022
CONFORMED SUBMISSION TYPE:	424B3
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20170905
DATE AS OF CHANGE:		20170905

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ETFS Precious Metals Basket Trust
		CENTRAL INDEX KEY:			0001483386
		STANDARD INDUSTRIAL CLASSIFICATION:	 [6221]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		424B3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-214361
		FILM NUMBER:		171068199

	BUSINESS ADDRESS:	
		STREET 1:		ETF SECURITIES USA LLC
		STREET 2:		48 WALL STREET, 11TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10005
		BUSINESS PHONE:		212-918-4954

	MAIL ADDRESS:	
		STREET 1:		ETF SECURITIES USA LLC
		STREET 2:		48 WALL STREET, 11TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10005
</SEC-HEADER>
<DOCUMENT>
<TYPE>424B3
<SEQUENCE>1
<FILENAME>gltr-20170905x10q.htm
<TEXT>
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			424 supplement GLTR
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			<a name="_GoBack"></a><font style="display: inline;">Filed pursuant to Rule 424(b)(3)</font>
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			<font style="display: inline;">Registration Statement No. 333-214361</font>
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			<font style="display: inline;font-weight:bold;">ETFS Precious Metals Basket</font><font style="display: inline;font-weight:bold;"> Trust</font>
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			<font style="display: inline;">Supplement dated September 5, 2017</font>
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			<font style="display: inline;">to the</font>
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			<font style="display: inline;">Prospectus dated November 16, 2016</font>
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			<font style="display: inline;">This Supplement dated September 5, 2017 amends and supplements the prospectus dated November 16, 2016 (the &#x201C;Prospectus&#x201D;), and should be read in conjunction with, and must be delivered with, the Prospectus.</font>
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			<font style="display: inline;">Under &#x201C;</font><font style="display: inline;font-weight:bold;">PROSPECTUS SUMMARY &#x2013; Principal Offices</font><font style="display: inline;">&#x201D; on page 2 the first sentence is replaced with the following:</font>
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			<font style="display: inline;">The Trust&#x2019;s office is located at 405 Lexington Avenue, New York, NY 10174 and its telephone number is (212) 918-4954.</font>
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			<font style="display: inline;">In the section &#x201C;</font><font style="display: inline;font-weight:bold;">CREATION AND REDEMPTION OF SHARES</font><font style="display: inline;font-weight:bold;">&#x201D;</font><font style="display: inline;">:</font>
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			<font style="display: inline;">The last sentence of the first paragraph under &#x201C; &#x2013; </font><font style="display: inline;font-style:italic;">Loco London &amp; Loco Zurich Platinum Delivery Elections</font><font style="display: inline;">&#x201D; on page 54 is amended and restated to read as follows: </font>
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			<font style="display: inline;">If such a loco swap or physical transfer is necessary to effect a loco London or loco Zurich redemption, the settlement of loco London or loco Zurich redemption deliveries may be delayed more than </font><font style="display: inline;">two</font><font style="display: inline;">, but not more than </font><font style="display: inline;">five</font><font style="display: inline;">, business days.</font>
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			<font style="display: inline;">The fifth sentence of the first paragraph under &#x201C;&#x2014; </font><font style="display: inline;font-weight:bold;">Creation Procedures</font><font style="display: inline;">&#x201D; on page 55 is amended and restated to read as follows:</font>
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			<font style="display: inline;">Redemption settlements may be delayed longer than </font><font style="display: inline;">two</font><font style="display: inline;">, but no more than five, business days following the redemption order date.</font>
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			<font style="display: inline;">The first paragraph under the subheading &#x201C;&#x2014; </font><font style="display: inline;font-weight:bold;">Creation Procedures</font><font style="display: inline;"> &#x2013; </font><font style="display: inline;font-style:italic;">Delivery of required deposits</font><font style="display: inline;">&#x201D; on page 55 is amended and restated in its entirety to read as follows:</font>
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			<font style="font-size: 6pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;;font-size: 6pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="font-family:Arial;font-size:6pt;display: inline;">EME_ACTIVE-567438654.1</font>

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</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
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			<font style="display: inline;">An Authorized Participant who places a purchase order is responsible for crediting its Authorized Participant Unallocated Account with the required Bullion deposit amount by the </font><font style="display: inline;">second</font><font style="display: inline;"> business day in London or Zurich, as applicable, following the purchase order date. Upon receipt of the Bullion deposit amount, the Custodian, after receiving appropriate instructions from the Authorized Participant and the Trustee, will transfer on the </font><font style="display: inline;">second</font><font style="display: inline;"> business day following the purchase order date the Bullion deposit amount from the Authorized Participant Unallocated Account to the Trust Unallocated Account and the Trustee will direct DTC to credit the number of Baskets ordered to the Authorized Participant&#x2019;s DTC account. The expense and risk of delivery, ownership and safekeeping of Bullion until such Bullion has been received by the Trust shall be borne solely by the Authorized Participant. If Bullion is to be delivered other than as described above, the Sponsor is authorized to establish such procedures and to appoint such custodians and establish such custody accounts in addition to those described in this prospectus, as the Sponsor determines to be desirable.</font>
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			<font style="display: inline;">The second paragraph under the subheading &#x201C;&#x2014; </font><font style="display: inline;font-weight:bold;">Redemption Procedures</font><font style="display: inline;">&#x201D; on page 56 is amended and restated in its entirety to read as follows:</font>
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			<font style="display: inline;">By placing a redemption order, an Authorized Participant agrees to deliver the Baskets to be redeemed through DTC&#x2019;s book-entry system to the Trust not later than the </font><font style="display: inline;">second</font><font style="display: inline;"> business day following the effective date of the redemption order. Prior to the delivery of the redemption distribution for a redemption order, the Authorized Participant must also have wired to the Trustee the non-refundable transaction fee due for the redemption order.</font>
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			<font style="display: inline;">The first paragraph under the subheading &#x201C;&#x2014; </font><font style="display: inline;font-weight:bold;">Redemption Procedures</font><font style="display: inline;"> &#x2013; </font><font style="display: inline;font-style:italic;">Delivery of redemption distribution</font><font style="display: inline;">&#x201D; on page 57 is amended and restated in its entirety to read as follows:</font>
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			<font style="display: inline;">The redemption distribution due from the Trust will be delivered to the Authorized Participant on the </font><font style="display: inline;">second</font><font style="display: inline;"> business day following the redemption order date if, by </font><font style="display: inline;">10</font><font style="display: inline;">:00 AM New York time on such </font><font style="display: inline;">second</font><font style="display: inline;"> business day, the Trustee&#x2019;s DTC account has been credited with the Baskets to be redeemed. If a loco swap or physical transfer is necessary to effect a loco London or loco Zurich redemption, the redemption distribution due from the Trust will be delivered to the Authorized Participant on or before the fifth business day following such a loco London or loco Zurich redemption order date if, by </font><font style="display: inline;">10</font><font style="display: inline;">:00 AM New York time on the </font><font style="display: inline;">second</font><font style="display: inline;"> business day after the loco London or loco Zurich redemption order date, the Trustee&#x2019;s DTC account has been credited with the Baskets to be redeemed. </font><font style="display: inline;">In the event that, by 10:00 AM New York time on the second business day following the order date of a redemption order, the Trustee&#x2019;s DTC account has not been credited with the total number of Shares corresponding to the total number of Baskets to be redeemed pursuant to such redemption order, the Trustee shall send to the Authorized Participant and the Custodian via fax or electronic mail message notice of such fact and the Authorized Participant shall have two business days </font>
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			<font style="font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;">- &nbsp;</font><font style="display: inline;"></font><font style="display: inline;">2</font><font style="display: inline;"></font><font style="display: inline;"> &nbsp;-</font><font style="display: inline;"></font>

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</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;;font-size: 12pt"><font style="display: inline;">following receipt of such notice to correct such failure. If such failure is not cured within such two business day period, the Trustee (in consultation with the Sponsor) will cancel such redemption order and will send via fax or electronic mail message notice of such cancellation to the Authorized Participant and the Custodian, and the Authorized Participant will be solely responsible for all costs incurred by the Trust, the Trustee or the Custodian related to the cancelled order. </font><font style="display: inline;">The Trustee is also authorized to deliver the redemption distribution notwithstanding that the Baskets to be redeemed are not credited to the Trustee&#x2019;s DTC account by </font><font style="display: inline;">10</font><font style="display: inline;">:00 AM New York time on the </font><font style="display: inline;">second</font><font style="display: inline;"> business day following the redemption order date if the Authorized Participant has collateralized its obligation to deliver the Baskets through DTC&#x2019;s book entry system on such terms as the Sponsor and the Trustee may from time to time agree upon.</font>
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			<font style="display: inline;">***</font>
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			<font style="display: inline;">Please retain this Supplement with your Prospectus for your reference.</font>
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			<font style="font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;">- &nbsp;</font><font style="display: inline;"></font><font style="display: inline;">3</font><font style="display: inline;"></font><font style="display: inline;"> &nbsp;-</font><font style="display: inline;"></font>

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