OUNZ

VanEck Merk Gold
B

N/A
*Unless otherwise stated, data provided by FactSet.

OUNZ Fund Description

The Van Eck Merk Gold Trust tracks the gold spot price, less expenses, using gold bars and coins held in London vaults. Investors can redeem their shares for gold in increments of 1 troy oz.

OUNZ Factset Analytics Insight

Unlike other gold funds that hold physical bullion, OUNZ allows individual investors to redeem shares in exchange for gold coins and bars. Like most gold funds, OUNZ should hew closely to the price of gold, lagging only by its fee, making it an excellent way to get exposure to the price of gold. It trades well, with reasonable spreads, and OUNZ's NAV is set by the London PM fix, so apparent premiums and discounts may simply reflect a stale NAV. While the ability to redeem for actual gold is unique, it's important to note that large minimum fees do make it impractical to redeem smaller quantities. Its fee is middle-of-the-road for this segment, and while long-term gains are taxable at the 28% rate, redeeming shares for gold is not a taxable event until the coins or bars are sold.

OUNZ CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 07/12/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
OUNZ -3.69% -6.62% -4.51% 1.83% 1.93% -- --
OUNZ (NAV) -4.09% -7.21% -4.11% 1.82% 2.02% -- --
Gold Spot -- -- -- -- -- -- --
Gold Spot -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

OUNZ Top 10 Holdings

OUNZ Summary Data

Merk
VanEck
05/16/14
Grantor Trust
0.40%
$140.93M
$568.08K
0.08%

OUNZ Portfolio Data

Physically Held
Physically Held
N/A
--

OUNZ Index Data

Gold Spot
Single Asset
Single Asset
Gold Spot

OUNZ Portfolio Management

0.40%
--
--
--

OUNZ Tax Exposures

28.00% / 39.60%
--
No

OUNZ Fund Structure

Grantor Trust
No
N/A
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

OUNZ Factset Analytics Block Liquidity

As of 07/18/18
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of OUNZ. OUNZ is rated a 5 out of 5.

OUNZ Tradability

45,155
$568.08K
27,294
$347.75K
0.08%
$0.01
0.04%
3.07% / -0.84%
None
100.00%
50,000
0.55
0.08%
--
184
$12.12
5

OUNZ SECTOR BREAKDOWN


OUNZ
Segment Benchmark
100.00%
100.00%

OUNZ TOP 10 TARGETED COMMODITY WEIGHTS

100.00%
100%

OUNZ Tenor Strategy

OUNZ holds physical bullion. Prices will reflect the current spot market values.

OUNZ Rolling Strategy

Since OUNZ holds physical bullion rather than futures contracts, it does not have a roll strategy.

OUNZ Performance Statistics

--
--
1.00
1.00
0.00%