JFrog stock rises as Cantor Fitzgerald maintains Overweight rating after strong Q2
LONDON - Amundi Physical Metals plc has issued 298,000 new ETC (Exchange Traded Commodity) securities under its Physical Gold ETC program, according to a statement released Monday.
The new issuance represents Tranche 731 of the Amundi Physical Gold ETC series, bringing the total number of securities in the series to 61,998,359. The ETC securities are backed by physical gold held in allocated accounts.
Each ETC security in this tranche has a metal entitlement of 0.03966242 fine troy ounces of gold. The securities have a scheduled maturity date of May 23, 2118, with a total expense ratio of 0.12% per annum.
The securities have been 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). They have also been admitted to the International Quotation System of the Mexican Stock Exchange.
The ETC securities are designed to provide investors with exposure to gold prices without requiring physical delivery of the metal. They are secured, limited recourse obligations of the issuer.
According to the final terms document, the estimated total net proceeds from this issuance amount to $39,894,034.80.
Amundi’s physical gold ETCs are part of the company’s Secured Precious Metal Linked ETC Securities Programme. The securities trade under the ISIN code FR0013416716.
The announcement was made in a regulatory filing based on final terms dated August 5, 2025.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.