‘ Merk Investments ’

Merk Gold ETF makes first physical delivery

Aug 1st, 2014 | By
Merk Gold ETF (OUNZ) makes first physical delivery

The Merk Gold Trust (OUNZ), a deliverable gold exchange-traded fund, has successfully completed its first gold delivery. The ETF, which launched on the NYSE Arca in May, possesses an innovative feature which gives investors the option to take delivery of physical gold vaulted in London in exchange for their shares. On Wednesday, July 16, 2014, such a request was made. An investor submitted 5,406 shares of OUNZ to Merk requesting 54 American Buffalo gold coins to be delivered; the gold was successfully delivered on Tuesday, July 22, 2014.



Merk Investments enters ETP space with launch of deliverable Merk Gold Trust

May 19th, 2014 | By
VanEck Merk Gold Trust reduces fees for gold delivery

Merk Investments has made its first foray into the exchange-traded products business with the launch the deliverable Merk Gold Trust (OUNZ). Listed on the NYSE Arca, the ETP provides investors with the opportunity to buy and hold gold through an exchange-traded vehicle with the option to take delivery of physical gold. Axel Merk, President and Chief Investment Officer of Merk Investments, said: “Gold investing will never be the same, as investors may now buy gold with the ease of an ETF, but also have the option to take delivery of their gold when they want, where they want, in the form they want.”