The VanEck Merk Gold Trust (OUNZ) is an exchange-traded fund that seeks to provide investors with exposure to physical gold bullion. The ETF is managed by VanEck and seeks to invest in gold bullion held in a secure vault in Switzerland.
As of February 2023, the VanEck Merk Gold Trust has a net asset value (NAV) of approximately $900 million and is trading on the New York Stock Exchange (NYSE) under the ticker symbol "OUNZ." The fund has an expense ratio of 0.40%, which is relatively low compared to other gold-focused ETFs.
Investors in the VanEck Merk Gold Trust should be aware of the risks associated with investing in gold, including the potential for changes in the price of gold due to global economic and political events. Additionally, the ETF's focus on physical gold bullion could result in higher levels of volatility compared to more diversified investment strategies. However, the ETF's exposure to physical gold bullion could provide investors with a way to hedge against inflation or diversify their investment portfolios. Investors should conduct their own research and analysis before investing in any ETF.
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