Amundi Physical Metals issues 345,000 Amundi Physical Gold ETC securities in tranche 909

Admission is sought on major European venues, including Euronext Paris, Euronext Amsterdam, Deutsche Börse, Borsa Italiana and the London Stock Exchange.

Estimated net proceeds of the tranche are pegged at USD 61.05 million; total expense ratio is listed at 0.12% a year.

The ETC Securities carry a scheduled maturity date of May 23, 2118; nominal amount is set at USD 5.09 per security.

Amundi Physical Metals set to issue 345,000 ETC Securities in Tranche 909 of its Amundi Physical Gold ETC on Sept. 7.

Metal entitlement is set at 0.03961104 fine troy ounces per security for the tranche; total series outstanding is expected to reach 77,098,899.