on Amundi Physical Metals Plc
Amundi Physical Metals PLC: UK Final Terms for Gold Securities
Amundi Physical Metals plc has issued 25,000 ETC Securities as part of its Amundi Physical Gold ETC series, marking Tranche 632. These securities are under the Secured Precious Metal Linked ETC Securities Programme. Investors buying these ETC Securities can gain exposure to the price of gold. The initial metal entitlement is set at 0.04 fine troy ounces and has slightly decreased to 0.03969322 ounces for the current tranche. The securities' issue date is December 16, 2024, with a maturity date scheduled for May 23, 2118.
The ETC Securities are listed on multiple stock exchanges, including Euronext Paris, Euronext Amsterdam, the Deutsche Börse, and the London Stock Exchange. The series is also accepted for trading on the Mexican Stock Exchange's International Quotation System. HSBC Bank plc and other financial institutions are authorized participants, supporting the issuance and transaction of these securities.
With a total expense ratio of 0.12% per annum, and a nominal amount set at USD 5.085, each security represents 10% of the issue price at the series' inception. The specified interest amount is USD 0.051, which equates to 1% of the nominal amount, illustrating modest returns.
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