Amundi Physical Metals Plc: Launch of Gold ETC Securities

Amundi Physical Metals Plc has announced the issuance of a new tranche of its gold exchange-traded commodities (ETC) securities. This issuance involves 36,700 ETC Securities, classified as Tranche 642 of the Amundi Physical Gold ETC. These securities are part of the company's Secured Precious Metal Linked ETC Securities Programme, providing investors with exposure to gold prices.

The newly issued ETCs represent a 0.03968996 fine troy ounce metal entitlement. The issue date for these securities is set for January 8, 2025, with a scheduled maturity extending to May 23, 2118. The current total expense ratio is noted at 0.12% per annum, enhancing the appeal for investors seeking cost-effective exposure to gold markets.

The securities are set to be listed on major exchanges, including Euronext Paris, Amsterdam, the Deutsche Börse, the Borsa Italiana, the London Stock Exchange, and the Mexican Stock Exchange's International Quotation System. Authorized participants include HSBC Bank plc and Merrill Lynch International, among others, ensuring broad market participation.