8/14/2025, 12:22:41 PM | Investing.com | news
Amundi Physical Gold ETC issues new tranche of securities
Amundi Physical Metals plc has announced the issuance of 850,500 ETC securities as Tranche 737 of its Amundi Physical Gold ETC series, which will be admitted to trading on multiple European exchanges including Euronext Paris, Euronext Amsterdam, Deutsche Börse, Borsa Italiana, the London Stock Exchange, and the Mexican Stock Exchange. The total number of ETC securities in the series will reach 63,108,859. Each security entitles investors to 0.03966137 fine troy ounces of gold, with a nominal amount of $5.085 and an annual expense ratio of 0.12%. The securities are backed by physical gold held in custody with HSBC Bank plc and have a scheduled maturity date of May 23, 2118. The estimated total net proceeds from the issue are $113,487,913.35. Authorized participants include HSBC Bank plc, Jane Street Financial Limited, Flow Traders B.V., Optiver VOF, BNP Paribas Arbitrage SNC, and Virtu Financial Ireland Limited.