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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 701st tranche of this product. This latest addition to the market consists of 590,000 ETC Securities, which were issued on Thursday, May 29, 2025. The total number of ETC Securities for the series now stands at 62,692,859.
The ETC Securities, which are linked to the price of physical gold, provide investors with exposure to the metal without the necessity of taking physical delivery. Each ETC Security in this series is initially entitled to 0.04 fine troy ounces of gold, with the entitlement reducing over time to cover operational expenses.
The issuer, Amundi Physical Metals plc, has set the Total (EPA:TTEF) Expense Ratio at 0.12% per annum for these ETC Securities, a fee intended to cover all operational costs associated with the product. Upon issuance, the nominal amount per ETC Security is set at USD 5.085, with an additional specified interest amount of USD 0.051.
Amundi’s ETC Securities have been admitted to trading on multiple stock exchanges, including Euronext (EPA:ENX) Paris, Euronext Amsterdam, the Deutsche Börse, and the Borsa Italiana. They are also traded on the main market of the London Stock Exchange (LON:LSEG) and the International Quotation System of the Mexican Stock Exchange.
Investors interested in the Amundi Physical Gold ETC should note that the value of these securities is directly linked to the fluctuations in the gold market. The product is designed to offer an investment experience similar to that of directly investing in gold, with the added benefits and risks associated with trading on regulated markets.
The ETC Securities are secured, limited recourse obligations of the issuer, meaning that the obligations of Amundi Physical Metals plc under the ETC Securities are backed by the gold that is held as collateral. However, investors should be aware that these securities are subject to market and other risks, including the creditworthiness of transaction parties and the liquidity of the ETC Securities in the secondary market.
This issuance is based on a press release statement by Amundi Physical Metals plc and represents an expansion of its existing gold-backed exchange-traded commodity offerings.
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