Amundi Physical Metals plc Issues New Gold ETC Securities

Amundi Physical Metals plc has announced the final terms for a new issuance of its Physical Gold ETC securities, categorized as Tranche 605. A total of 231,000 ETC Securities have been issued under the Secured Precious Metal Linked ETC Securities Programme. These securities are tied to the value of gold, providing investors exposure to the market price of the precious metal.

The newly issued ETCs bring the total number of securities in the series to 47,509,255. Each security comes with an initial metal entitlement of 0.04 fine troy ounces of gold. The issue date for this tranche is 14 October 2024, with a scheduled maturity date extending well into the next century—23 May 2118.

These securities have been listed across numerous stock exchanges, including Euronext Paris and Amsterdam, the Deutsche Börse, Borsa Italiana, and the London Stock Exchange. The total expenses for this listing are approximately €3,000, with a Total Expense Ratio of 0.12% per annum.

The authorized participants for this issuance include HSBC Bank plc, Jane Street Financial Limited, Flow Traders B.V., and others, ensuring a broad market reach and accessibility for potential investors.