Amundi Physical Metals plc issues new tranche of Gold ETC

DUBLIN - Amundi Physical Metals plc has announced the issuance of a new tranche of its Amundi Physical Gold ETC, representing the 697th tranche since the product’s inception. This addition of 655,000 ETC Securities brings the total number of ETC Securities in the series to 62,084,859.00.

The Amundi Physical Gold ETC, listed under the ticker GLDA, is designed to offer investors exposure to the gold price without the need to take physical delivery of the metal. Each ETC Security is linked to a specific amount in weight of gold, known as the Metal Entitlement, which diminishes slightly each day to cover operational expenses at an annual rate of 0.12%.

The ETC Securities are secured by gold held by HSBC Bank plc as Custodian, and are generally held on an allocated basis, ensuring that each security is backed by a specific amount of gold. The securities provide a liquid and tradeable way to gain exposure to the gold market through the securities market, with the convenience of trading similar to shares on several stock exchanges.

Investors should note that the value and the secondary market price of the ETC Securities will be affected by the fluctuations in the gold market, which can be volatile. The securities are not the exact equivalent of investing in gold, but they offer an alternative that allows a level of participation in the gold market through the securities market.

The ETC Securities have been admitted to trading on Euronext (EPA:ENX) Paris, Euronext Amsterdam, the Deutsche Börse, the Borsa Italiana, the London Stock Exchange (LON:LSEG), and the International Quotation System of the Mexican Stock Exchange. Additional listings on other exchanges may occur in the future.

This issuance is based on a press release statement and forms part of Amundi Physical Metals plc’s Secured Precious Metal Linked ETC Securities Programme. The programme and the ETC Securities are subject to the laws of Ireland. Investors’ rights are limited in recourse to the secured property, and in the event of insolvency, the ETC Securities rank equally amongst themselves and are secured by the secured property.

Investors interested in the Amundi Physical Gold ETC should consider the risks associated with the gold market and the ETC structure, including market volatility, reduction in metal entitlement due to operational expenses, and potential impacts of changes in tax laws or regulations.

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