The investment seeks to provide investors with an opportunity to invest in gold through the shares and be able to take delivery of physical gold in exchange for those shares. The Trust's secondary objective is for the shares to reflect the performance of the price of gold less the expenses of the Trust's operations. Each share represents a fractional undivided beneficial interest in the Trust's net assets. The Trust's assets consist principally of gold held on the Trust's behalf in financial institutions for safekeeping.
Frequently asked questions
What is the VanEck Merk Gold Trust (OUNZ) expense ratio?
The VanEck Merk Gold Trust funds expense ratio is 0.25%.
What is VanEck Merk Gold Trust (OUNZ) current stock price?
As of the latest data, VanEck Merk Gold Trust stock price is $41.79, with a previous close of $42.41. VanEck Merk Gold Trust lost -$0.62 in the last trading session, representing a -1.46% loss.
Does VanEck Merk Gold Trust (OUNZ) pay dividends?
No. VanEck Merk Gold Trust does not pay a dividend.