Amundi Physical Metals plc Announces Issuance of New Tranche of ETC Securities

Amundi Physical Metals plc recently disclosed the terms for their latest issuance of ETC Securities, under their Secured Precious Metal Linked ETC Securities Programme. The new issuance, dated 5 March 2024, involves 1,850,000 ETC Securities, marking the 534th tranche of the Amundi Physical Gold ETC. These terms define comprehensively the financial and operational details concerning this issue. According to these final terms, the ETC Securities aim to provide investors with exposure to the gold price while being secured by physical gold. The document highlights that these ETC Securities are scheduled to mature on 23 May 2118.

The issuer, Amundi Physical Metals plc, is leveraging its Secured Precious Metal Linked ETC Securities Programme to expand its offering, aiming to cater to a wide range of investors looking for precious metal exposure. Each ETC Security from this newly issued tranche is associated with an initial metal entitlement of 0.04 fine troy ounces of gold, indicating the tangible backing of these financial instruments. Moreover, the Final Terms document specifies the total expense ratio as 0.12% per annum, showcasing the cost-efficiency of investing in these gold-backed securities.

Applications for listing and admission to trading have been made across multiple platforms, including Euronext Paris, Euronext Amsterdam, the Deutsche Börse, the Borsa Italiana, and the London Stock Exchange, highlighting the widespread access investors have to these ETC Securities. This strategic maneuver ensures that Amundi Physical Metals plc continues to provide robust investment options for individuals and institutions looking to gain exposure to gold prices through a secure and regulated financial instrument.