Amundi Physical Metals plc: Issue of Gold-Linked Securities

Amundi Physical Metals plc has announced the issuance of a new tranche of its gold-backed ETC securities, amounting to 200,000 units. This transaction is part of the Amundi Physical Gold ETC program, bringing the total number of securities in the series to over 68 million.

The initial metal entitlement for each security was set at 0.04 fine troy ounces of gold. However, the entitlement for this tranche is slightly reduced to 0.03961547 ounces. The securities are scheduled to mature in 2118, an unusually long duration, reflecting a robust commitment to long-term gold exposure.

The ETC securities will be available on major European exchanges, including Euronext Paris and Amsterdam, Deutsche Börse, and the London Stock Exchange. The specified interest amounts to USD 0.051, with a total expense ratio at 0.12% per annum, indicating low annual costs for investors.