on Amundi Physical Metals Plc
Amundi Physical Metals Plc: Final Terms Announcement
On November 25, 2024, Amundi Physical Metals Plc announced the final terms for its latest issuance of exchange-traded commodity (ETC) securities under the Amundi Physical Gold ETC series. A total of 527,000 ETC securities, classified as Tranche 622, have been issued, increasing the aggregate number of securities in this series to 48,959,455.
The series, initiated on May 23, 2019, is designed to provide exposure to the price of gold. The latest tranche, issued on November 26, 2024, features a metal entitlement of 0.03969583 fine troy ounces.
Key participants include major financial entities such as HSBC Bank and Merrill Lynch International. The securities will be listed across several major stock exchanges, including Euronext Paris and the London Stock Exchange.
The total expense ratio stands at 0.12% annually, with a nominal amount per security set at USD 5.085. The ETC Securities aim to attract investors from multiple European countries and beyond.
R. H.
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