Amundi boosts gold-linked ETC offerings

LONDON - Amundi Physical Metals plc has announced the issuance of 435,000 ETC Securities, which marks Tranche 696 under its Secured Precious Metal Linked ETC Securities Programme, specifically for the Amundi Physical Gold ETC. This addition follows the issue of the relevant tranche on May 20, 2025, and brings the total number of ETC Securities in the series to 61,639,859.00 post-issuance.

The ETC Securities, linked to physical gold, provide investors with exposure to the gold price without the need to take physical delivery of the metal. Each security relates to a specific amount in weight of gold, termed the "Metal Entitlement." Over time, the Metal Entitlement is reduced by a Total (EPA:TTEF) Expense Ratio (TER) of 0.12% per annum, which is intended to cover operational fees.

Investors should note that the ETC Securities are designed to offer market performance before the deduction of the TER. The ETC Securities are secured by gold held on an allocated basis by the custodian, HSBC Bank plc, ensuring each security has gold backing.

Amundi’s ETC Securities are structured as debt securities, with a nominal amount of USD 5.085 and a specified interest amount of USD 0.051 per security. The securities are scheduled to mature on May 23, 2118, and are subject to limited recourse arrangements, meaning investors have claims only to the secured property, not to any other assets of Amundi Physical Metals plc.

The ETC Securities have been admitted to trading on several regulated markets, including Euronext (EPA:ENX) Paris, Euronext Amsterdam, the Deutsche Börse, the Borsa Italiana, and the London Stock Exchange (LON:LSEG), as well as the International Quotation System of the Mexican Stock Exchange, subject to private placement exemptions.

For investors seeking gold exposure through a financial instrument, Amundi’s ETC Securities offer an alternative to direct investment in physical gold. The information is based on a press release statement.

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