Amundi Physical Gold ETC issues new tranche of 30,000 securities

LONDON - Amundi Physical Metals plc has announced the issuance of 30,000 new ETC (Exchange Traded Commodity) securities as part of its Amundi Physical Gold ETC program, according to a press release statement issued Friday.

The new securities represent Tranche 725 of the series, bringing the total number of ETC securities in the series to 61,295,359. The securities are scheduled to be issued on July 21, 2025, with a maturity date of May 23, 2118.

Each ETC security provides investors with exposure to physical gold without requiring direct ownership of the metal. The securities have a metal entitlement of 0.0396649 fine troy ounces of gold per security as of the subscription trade date.

The ETC securities maintain a total expense ratio of 0.12% per annum. They feature a nominal amount of $5.085 per security, representing 10% of the issue price at the series launch, and a specified interest amount of $0.051, equal to 1% of the nominal amount.

Applications have been made for the securities to be admitted to trading on multiple regulated markets including Euronext (EPA:ENX) Paris, Euronext Amsterdam, Deutsche Börse, Borsa Italiana, the London Stock Exchange (LON:LSEG), and the International Quotation System of the Mexican Stock Exchange.

The ETC securities are secured, limited recourse obligations of the issuer, with HSBC Bank plc serving as custodian for the underlying gold. The estimated total net proceeds of the issue amount to $3,948,840.

The securities are available for subscription by authorized participants who may then offer them to retail clients, professional clients, or other eligible counterparties, subject to certain selling restrictions outlined in the base prospectus.

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