The ETF Worth Its Weight in Gold: 'OUNZ'

The Vaneck Merk Gold Trust ETF, known as OUNZ, offers investors the option to redeem shares for gold, stored in London vaults. This process is not taxable as it involves taking possession of owned assets. OUNZ has a 40 basis point expense ratio and has accumulated $150 million in assets since 2014. It closely tracks gold prices and is noted for its alternative tax treatment.

What is the ticker symbol for the Vaneck Merk Gold Trust ETF?

What unique option does the Oz ETF provide to investors regarding their shares?

Where is the gold held for the Vaneck Merk Gold Trust ETF?

What is the expense ratio of the Oz ETF?

How has the fund performed in relation to the price of gold?