Amundi Physical Metals Plc Issues New Tranche of Gold ETC Securities

Amundi Physical Metals Plc has announced the issuance of 55,000 units of ETC Securities under its Amundi Physical Gold ETC. This new tranche, numbered 848, increases the aggregate number of securities to over 68.5 million. The securities are part of a program that provides investors with exposure to gold prices.

The initial metal entitlement per security is set at 0.04 fine troy ounces, with a subscription trade date entitlement slightly reduced to 0.03963007 ounces. The issues are listed across several major exchanges including Euronext Paris, London Stock Exchange, and Borsa Italiana.

The total expense ratio for these securities stands at 0.12% annually. The scheduled maturity date for the series is May 2118. The nominal amount per security is USD 5.085, reflecting 10% of the issue price established at the series initiation.