Amundi Physical Metals issues 40,000 new tranche of Physical Gold ETC securities
GLD•Amundi Physical Metals issued 40,000 new securities in Tranche 918 of its Physical Gold ETC, bringing total securities outstanding to 79,987,899. Estimated net proceeds were $6,566,260, and each security carried a metal entitlement of 0.03960779 fine troy ounces on the subscription trade date.
1. Tranche details
The tranche is scheduled to be issued on Sept. 30, 2026. The series matures on May 23, 2118, has a total expense ratio of 0.12% per annum, and is slated to trade on major European venues, including London; admission-to-trading expenses were estimated at €3,000.
