OUNZ is the first exchange traded product of its kind to provide investors with an investment option that combines gold ownership with physical delivery – offering investors access to take delivery of as little as one ounce coin! This unique offering allows investors to take ownership in increments as small as one coin!
Investing in OUNZ
VanEck Merk Gold Trust (OUNZ) offers investors an efficient and cost-cutting way of investing in physical gold, with redemption shares available as small as one troy ounce increments.
Gold offers investors an ideal investment, safe-haven asset, and inflation hedge. Redeeming shares for physical gold can be especially advantageous to short-term investors due to the savings it affords compared to buying and selling coins or bars directly.
Investors can use OUNZ to defer, reduce or even eliminate capital gains tax on long-term investments made in qualified opportunity zones (QOZ). This bipartisan federal program allows those who have sold assets such as real estate or stock to reinvest the profits into QOZ projects; however, its tax benefits cannot be guaranteed due to potential future legislative changes, such as restricting Sec 1031 exchanges or increasing marginal tax rates, which could reduce its appeal.
Taking Delivery of Gold
OUNZ is the first and only exchange traded fund (ETF) offering investors the unique capability of taking delivery of physical gold. This patent-protected feature enables you to redeem your shares for increments of one troy oz of physical gold – creating an interface between institutional ownership of gold and retail ownership of it.
When ordering delivery, you can select between London Bars vaulted with our Trust, or coins and bars minted by our dealer. There is no additional premium fee charged; however there may be shipping and insurance costs applicable.
To be eligible for delivery, a Share Submission that closely corresponds with the Fine Ounces requested is necessary. Any unredeemed shares will be sold and their proceeds distributed back into their accounts – providing physical gold either via conventional shipping or armored transportation.
Taking Delivery of Your Shares
OUNZ is one of the few exchange traded funds (ETFs) offering investors the option to redeem shares for physical bullion, and investors who wish to do so must submit an application on Merk Gold’s website and use an intuitive calculator on it to determine how many troy ounces can be delivered when redeeming their OUNZ shares.
Delivering OUNZ shares requires paying an Exchange Fee, which covers the costs associated with converting London Bars into coins or smaller bars that you may prefer for delivery. There is no Delivery Fee associated with delivery to destinations within the US.
Investors should understand that OUNZ is not designed to generate income, so they should diversify their investment portfolio with other income-generating assets. Furthermore, market conditions could cause its market price to vary from its net asset value.
Taking Delivery of Your Gold
OUNZ stands out among ETFs with its ability to deliver physical gold in increments of one troy ounce, making it unique among ETFs. Investors looking for exposure to gold as an inflation hedge or safe haven may find its ability to be redeemed directly for physical gold a useful feature of OUNZ.
Investors can submit delivery applications for gold coins and bars that may be subject to availability and incur additional charges related to shipping and insurance.
Merk’s website offers an easy gold ETF delivery application calculator, which assists investors in calculating how many OUNZ shares can be exchanged for physical gold and which coins and bars they wish to receive. The application makes entering details such as broker, address and desired delivery method simple for investors who then receive a pre-approved delivery application to submit with their brokers, along with any processing fees due.
