Amundi Physical Metals plc Issues New Gold ETC Securities

Amundi Physical Metals plc has announced the final terms for its issuance of 1,328,000 ETC Securities under its Secured Precious Metal Linked ETC Securities Programme. This issuance, identified as Tranche 892, contributes to a total of 69,581,037 ETC Securities from this series. The initial entitlement for each security is set at 0.04 fine troy ounces of gold. The issuance, aimed at offering exposure to gold price movements, seeks listings on several major stock exchanges including Euronext Paris and the London Stock Exchange.

Regulatory approvals for the issuance were secured starting from April 2019, with the base prospectus updated until July 2026. Notably, the total expense ratio stands at 0.12% annually, and these new securities hold a nominal value of USD 5.085. The tranche is scheduled for its maturity on May 23, 2118, aligning with a broad investment horizon intended for long-term exposure to the gold market.