Amundi Physical Metals plc Announces New Tranche of Gold-Linked ETC Securities

Amundi Physical Metals plc (APM) declared the issuance of 1,850,000 new ETC Securities under its ongoing Secured Precious Metal Linked ETC Securities Programme. Labeled as Tranche 534, these securities enhance the firm's Amundi Physical Gold ETC offerings. As stipulated, this addition takes the total number of ETC Securities for the Gold ETC series to 52,450,655. The securities, marked by an initial metal entitlement of 0.04 fine troy ounces which updates with each tranche, aim to provide investors with a secure exposure to physical gold's price movements.

The current tranche, issued at a nominal amount of USD 5.085 per ETC Security, reflects the program's ongoing effort to facilitate gold investment. With a scheduled maturity date set for 23 May 2118, these securities join a growing market of gold-backed instruments designed to offer investors a hedge against market volatility and inflation. The securities maintain a Total Expense Ratio of 0.12% per annum, presenting an accessible entry for individuals seeking gold exposure without the direct costs and concerns of physical storage.

APM also ensures wide access to its ETC Securities through listings across major exchanges, including Euronext Paris, Euronext Amsterdam, and the Deutsche Börse, among others. This strategy not only bolsters the securities' liquidity but also extends gold investment opportunities to a broader investor base globally.