Amundi issues new tranche of gold-linked ETC securities

LONDON - Amundi Physical Metals plc has announced the issuance of a new tranche of its gold-linked Exchange-Traded Commodities (ETC) under its Secured Precious Metal Linked ETC Securities Programme. The latest release, identified as Tranche 692, consists of 644,000 ETC Securities of the Amundi Physical Gold ETC, which were issued on Wednesday, May 14, 2025.

This issuance expands the total number of ETC Securities for the series to 60,926,859. Each ETC Security provides investors with exposure to the price of gold, with the initial metal entitlement per security set at 0.04 fine troy ounces upon the series issue date of May 23, 2019. As of the subscription trade date for the new tranche, the metal entitlement has been adjusted to 0.03967351 fine troy ounces.

The ETC Securities are designed to offer investors the opportunity to gain exposure to the gold market without the need to take physical delivery of the metal. The securities are backed by gold held by the issuer, with the holdings secured and the obligations of the issuer limited to the secured property.

Investors should note that the Total (EPA:TTEF) Expense Ratio for managing the securities is 0.12% per annum. Additionally, the ETC Securities have a scheduled maturity date of May 23, 2118, and are subject to the regulatory laws referenced as of May 21, 2019.

Applications have been made for the ETC Securities to be admitted to trading on multiple European exchanges, including Euronext (EPA:ENX) Paris, Euronext Amsterdam, Deutsche Börse, Borsa Italiana, and the London Stock Exchange (LON:LSEG). There is also an application for admission to trading on the International Quotation System of the Mexican Stock Exchange.

The issuer, Amundi Physical Metals plc, is a public company incorporated in Ireland, with a focus on establishing a program for issuing ETC Securities linked to precious metals. The company’s shares are held by Cafico Trust Company Limited for charitable purposes.

This financial move is part of Amundi’s ongoing efforts to provide investors with diverse options for precious metal investments. The information is based on a press release statement from Amundi Physical Metals plc.

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