Amundi Physical Metals Plc: UK Final Terms Announced

Amundi Physical Metals Plc has released the final terms for its Amundi Physical Gold ETC Series, underlining its commitment to investment in precious metals. The latest tranche, 676, involves the issuance of 640,000 ETC Securities. These securities are part of a broad program linked to precious metals, specifically focusing on gold.

The issuance's initial metal entitlement stands at 0.04 fine troy ounces per security, with the scheduled maturity date set for 23 May 2118. This tranche's various authorizations, including board approval, were secured in 2019, while HSBC Bank plc and other key financial institutions are listed as authorized participants.

Applications have been made to list these securities on several major exchanges, including Euronext Paris, the London Stock Exchange, and others, expanding accessibility to global investors. The Total Expense Ratio is set at 0.12% per annum, offering a potentially cost-effective option for gold investment exposure.