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LONDON - Amundi Physical Metals plc (GLDA) has announced the issuance of 93,000 new ETC Securities, identified as Tranche 698 of the Amundi Physical Gold ETC, on Friday, May 23, 2025. This issuance will increase the aggregate number of ETC Securities of the series to 62,177,859.
The ETC Securities, each initially representing 0.04 fine troy ounces of gold, provide investors with exposure to the gold price without the necessity of taking physical delivery of the metal. The securities are part of Amundi’s Secured Precious Metal Linked ETC Securities Programme and are backed by allocated gold, held in a segregated account.
The securities have been admitted to trading on several prominent exchanges, including Euronext (EPA:ENX) Paris, Euronext Amsterdam, Deutsche Börse, Borsa Italiana, and the London Stock Exchange (LON:LSEG). Additionally, they have been admitted to the International Quotation System of the Mexican Stock Exchange under private placement exemptions.
Amundi’s ETC Securities come with a Total (EPA:TTEF) Expense Ratio of 0.12% per annum, offering a cost-effective solution for investors looking to gain exposure to gold. The ETC Securities are secured, limited recourse obligations of the issuer, and the obligations of the issuer in respect of a series are secured by the Secured Property.
This issuance follows the final terms dated May 21, 2025, and is part of Amundi’s ongoing efforts to provide investors with various investment options in the precious metals space. The information is based on a press release statement.
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