Amundi Asset Management: Amundi expands gold-backed ETC offerings
Amundi Physical Metals plc has announced the issuance of a new tranche of ETC securities, expanding its gold-backed offerings under the Amundi Physical Gold ETC. The latest issuance, Tranche 662, comprises an additional 100,000 ETC securities, bringing the total number of ETC securities immediately following this issue to 55,733,759.00.
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The ETC securities, each with an initial metal entitlement of 0.04 fine troy ounces, are linked to the price of gold, offering investors exposure to the precious metal without the need for physical delivery. The securities are part of a secured precious metal linked ETC securities program and are expected to be admitted to trading on several prominent exchanges, 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.
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