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LONDON - Amundi Physical Metals plc has announced the issuance of a new tranche of ETC Securities under its Amundi Physical Gold ETC, marking the 693rd tranche of the series. The issue consists of 80,000 ETC Securities, which were officially released on Thursday, May 15, 2025.
The Amundi Physical Gold ETC provides investors with exposure to gold, a precious metal known for its potential as a hedge against inflation and currency fluctuations. The securities are linked to the price of physical gold and are designed to track the performance of the metal closely.
As of the new tranche’s issue date, the total number of ETC Securities outstanding in the series reached 61,006,859. Each security initially represented a metal entitlement of 0.04 fine troy ounces of gold, which is subject to a Total (EPA:TTEF) Expense Ratio of 0.12% per annum to cover operational costs. This fee gradually reduces the metal entitlement associated with each ETC Security over time.
The ETC 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 are traded on the International Quotation System of the Mexican Stock Exchange under private placement exemptions.
Investors interested in the ETC Securities should note that they are secured, limited recourse obligations of the issuer, meaning that investors have recourse only to the secured property, primarily the gold backing the securities, and not to other assets of the issuer. The scheduled maturity date for the ETC Securities is May 23, 2118, providing a long-term investment horizon.
The issuer, Amundi Physical Metals plc, is a special purpose vehicle with no significant assets other than its share capital and the assets securing each series of ETC Securities. The company is based in Ireland and operates under the regulatory framework established by the European Union (Withdrawal) Act 2018.
This issuance is based on a press release statement and reflects the latest addition to Amundi’s gold-backed investment offerings. Investors considering the ETC Securities should review the full documentation, including the Base Prospectus and Final Terms, to understand fully the risks and characteristics of the investment.
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