Van Eck® Merk® Gold Trust Reaches $100 million in Assets
Investors recognize the benefits of physical gold exposure and the ability to take delivery of gold if and when desired
Van Eck Merk Gold Trust (OUNZ-NY), launched in May, 2014, has surpassed $100 million in assets under management. “We increasingly see investors drawn to OUNZ not only for the simple ETF access it provides to gold, but also its unique feature that enables investors to take delivery of their gold,” said Brandon Rakszawski, ETF Product Manager for VanEck.
“We are thrilled that our partnership with VanEck has been embraced by investors," said Axel Merk, President of Merk Investments, the sponsor of OUNZ. "Investors tell us OUNZ is exactly what they are looking for – a deliverable gold ETF to diversify their portfolio."
OUNZ seeks to provide investors with a convenient and cost-efficient way to buy and hold gold through an ETF while also giving investors the option, if they desire, to take physical delivery of the metal. OUNZ is the only ETF that provides its patented, physical gold delivery option. |
