Amundi physical gold ETC issues 304,000 new securities

Published 2 months ago Positive
Amundi physical gold ETC issues 304,000 new securities
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DUBLIN - Amundi Physical Metals plc announced the issuance of 304,000 new ETC securities as part of its Secured Precious Metal Linked ETC Securities Programme. This represents Tranche 740 of the Amundi Physical Gold ETC series, according to a statement released Monday.

Following this issuance, the total number of ETC securities in this series will reach 63,384,859. Each security provides investors with exposure to physical gold, with a current metal entitlement of 0.0396602 fine troy ounces per security.

The newly issued securities will be settled on August 27, 2025, and will have the same scheduled maturity date of May 23, 2118, as the existing securities in the series.

The ETC securities are listed on multiple exchanges including Euronext Paris, Euronext Amsterdam, Deutsche Börse, Borsa Italiana, and the London Stock Exchange. They are also traded on the International Quotation System of the Mexican Stock Exchange.

Amundi’s gold ETC securities feature a total expense ratio of 0.12% per annum. The securities are backed by physical gold held in allocated accounts, providing investors with an alternative way to gain exposure to gold prices without requiring physical delivery of the metal.

The announcement was made in accordance with regulatory requirements as part of the final terms documentation for this tranche of securities.

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