Amundi Physical Metals plc Issues New ETC Securities

Amundi Physical Metals plc has issued a tranche of 30,000 ETC Securities under its Amundi Physical Gold ETC program. This recent issuance is part of Tranche 788, bringing the total ETC Securities for the series to 67,337,759. The initial metal entitlement per ETC security stands at 0.03964676 fine troy ounces.

The issuance was approved by the board on April 25, 2019. The securities are set for maturity on May 23, 2118. These ETC Securities are listed across Euronext Paris, Amsterdam, Deutsche Börse, Borsa Italiana, and London Stock Exchange, providing exposure to gold prices.

The total expense ratio is 0.12% per annum, with the nominal amount per security at USD 5.085. The authorized participants include major financial entities like HSBC Bank and BNP Paribas Arbitrage.