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OUNZ VanEck® Merk® Gold ETF

Fund Description

The VanEck Merk Gold ETF (the “Trust” or “OUNZ”) provides investors with a convenient and cost-efficient way to buy and hold gold through an exchange traded product with the option to take physical delivery of gold.

Taking Delivery

How Many OUNZ Shares
Do You Own

Number of Shares

As of the most recent close of business on Oct 08, 2024, your shares correspond to

0.00

oz of gold


Exchange Fee

No delivery fees for the lower 48 States. For details on fees click here.

Exchange Fee in USD

$0.00

Number of Bars or Coins

Gold Delivery: As Easy As 1-2-3

If you are an investor interested in taking delivery of physical gold in exchange for your OUNZ shares (Delivery Applicants), you must submit a signed Delivery Application to us (the "Sponsor").

A Delivery Application expresses your non-binding intention to exchange shares for physical gold on the Share Submission Day or within the applicable grace period.

1. Investor files a Delivery Application

A completed and signed Delivery Application must be submitted to us by uploading; by fax to 650-745-7045; or by mail to Merk Investments LLC; Attn: VanEck Merk Gold ETF; 1150 Chestnut St; Menlo Park, CA 94025.

We will only process a Delivery Application once the Processing Fees have been paid. The Processing Fee is due at the time the Delivery Application is submitted to us and is fully refundable until you irrevocably submit your shares to the Trustee. Click here for details on fees.

Once we pre-approve a Delivery Application, we will provide to you (typically by email) a Delivery Applicant Share Submission Form along with the pre-approved Delivery Application. You must submit a completed and signed Delivery Applicant Share Submission Form to your broker (typically done via fax), with the pre-approved Delivery Application attached.

2. Investor instructs their broker to submit their ETF shares to take delivery of their gold

On the Share Submission Day (or within the applicable grace period), your broker shall, in accordance with the instructions in the Delivery Application:

  • Complete and sign the second page of the Delivery Applicant Share Submission Form;
  • Fax to the Trustee the completed and signed Delivery Applicant Share Submission Form, with the pre-approved Delivery Application attached; and
  • Submit OUNZ shares to the Trustee.

The Delivery Application is not binding until shares are delivered to the Trust.

3. Gold sent to Investor

Physical gold will be delivered to a Delivery Applicant based on instructions in the Delivery Application. Once physical gold has been tendered to the courier identified in the Delivery Application, the physical gold cannot be returned and is no longer the responsibility of the Trust, the Trustee, the Custodian, the precious metals dealer or us.

The Trust will ship physical gold to a Delivery Applicant fully insured using accepted business practices for precious metals delivery that may include, amongst others, use of a conventional shipping carrier (e.g., U.S. Postal Service, Federal Express, United Parcel Service); or an armored transportation service.

For additional information, please read the prospectus, as well as the OUNZ FAQ section "When will I receive my gold?"

Let us help you take delivery of the gold you own through OUNZ.
Please visit the OUNZ FAQ; contact us online; or call us at (855)MRK-OUNZ with questions

 


Trading fees and other costs may apply.

(*) If an investor redeems some or all of its shares in exchange for the underlying gold (including American Gold Eagle Coins) represented by the redeemed shares, the exchange will generally not be a taxable event for the investor (except with respect to any Cash Proceeds). A subsequent sale of the gold received by the investor will be a taxable event. For details, please see "Taxation of U.S. Investors" in the prospectus.
A delivery applicant must submit a delivery application and payment for the processing and delivery fees to cover the cost of preparing and transporting the gold. The delivery of physical gold to applicants may take considerable time and the delay in delivery could result in losses if the price of gold declines. A share submission is irrevocable.


The material must be preceded or accompanied by a prospectus. Before investing you should carefully consider the VanEck Merk Gold ETF's (the "Trust" or "OUNZ") investment objectives, risks, charges and expenses.

Investing involves significant risk, including possible loss of principal. The Trust is not an investment company registered under the Investment Company Act of 1940 or a commodity pool for the purposes of the Commodity Exchange Act. Shares of the Trust are not subject to the same regulatory requirements as mutual funds. Because shares of the Trust are intended to reflect the price of the gold held in the Trust, the market price of the shares is subject to fluctuations similar to those affecting gold prices. Additionally, shares of the Trust are bought and sold at market price, not at net asset value (“NAV”). Brokerage commissions will reduce returns.

The request for redemption of shares for gold is subject to a number of risks including but not limited to the potential for the price of gold to decline during the time between the submission of the request and delivery. Delivery may take a considerable amount of time depending on your location.

Commodities and commodity-index linked securities may be affected by changes in overall market movements and other factors such as weather, disease, embargoes, or political and regulatory developments, as well as trading activity of speculators and arbitrageurs in the underlying commodities.

Trust shares trade like stocks, are subject to investment risk and will fluctuate in market value. The value of Trust shares relates directly to the value of the gold held by the Trust (less its expenses), and fluctuations in the price of gold could materially and adversely affect an investment in the shares. The price received upon the sale of the shares, which trade at market price, may be more or less than the value of the gold represented by them. The Trust does not generate any income, and as the Trust regularly issues shares to pay for the Sponsor’s ongoing expenses, the amount of gold represented by each Share will decline over time. Investing involves risk, and you could lose money on an investment in the Trust. For a more complete discussion of the risk factors relative to the Trust, carefully read the prospectus.



This content is published in the United States for residents of specified countries. Investors are subject to securities and tax regulations within their applicable jurisdictions that are not addressed on this content. Nothing in this content should be considered a solicitation to buy or an offer to sell shares of any investment in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction, nor is it intended as investment, tax, financial, or legal advice. Investors should seek such professional advice for their particular situation and jurisdiction. The sponsor of the Trust is Merk Investments LLC (the “Sponsor”). VanEck provides marketing services to the Trust. All rights reserved. All trademarks, service marks or registered trademarks are the property of their respective owners.

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