How Does OUNZ Work?
Each OUNZ shares represents an equal pro rata ownership stake in the VanEck Merk Gold Trust which holds physical gold. Investors wishing to take delivery may take it home immediately but fees associated with taking delivery must be considered; to mitigate them further investors should use the calculator provided on this website closer to their Share Submission Date.
How to Get Gold Delivered
OUNZ provides investors a convenient way to own gold through an exchange-traded product that also enables physical delivery of the precious metal, providing investors with direct access to physical gold ownership. OUNZ is the first deliverable gold ETF ever created and provides investors access to actual physical gold ownership.
OUNZ investors own a pro-rata share of the gold held in Trust, with each share representing one ounce. When you’re ready to take delivery of your shares, simply submit a short Delivery Application.
Merk’s online calculator makes it simple for you to determine how many shares of OUNZ need to be redeemed to meet your desired amount. Any partially used shares will yield cash proceeds back into your account.
OUNZ shares are pro-rata owned fractions equaling 0.966084 ounces of gold, so when making your delivery application you should ensure the number of shares submitted match closely the physical gold you seek delivery of. Merk’s website offers an easy calculator which makes this process quick and painless.
Simply use the calculator provided on our site, enter your OUNZ share count, and it will tell you exactly how many ounces of gold will be delivered upon approval of your application. After that step is taken care must be taken when choosing what type and amount of gold to receive (remembering that no more than 5 troy ounces can be delivered at one time). It also suggests possible dates in near future which you could select for Share Submission Date submission; just ensure this doesn’t conflict with expenses accrual or holidays!
Filling Out the Delivery Application
OUNZ is the first physical gold ETF that allows investors to turn their shares into real metal, providing investors with access to physical gold in a simple and cost-efficient manner. Each share represents pro rata ownership of 0.966084 fine ounces of physical gold held within VanEck Merk Gold Trust and must correspond closely with how many Fine Ounces will be delivered; otherwise cash proceeds could increase significantly upon exchange. OUNZ charges an Exchange Fee that covers costs associated with exchanging OUNZ shares for London Bars before further processing those bars into coins or bars investors prefer.
Taking Delivery
OUNZ makes taking physical gold delivery simple with its deliverable ETF offering this feature, enabling investors to redeem shares for actual bullion such as London Bars vaulted in London or coins that may better suit their preferences.
Fees associated with taking delivery of an OUNZ share can be found on its website, including an Exchange Fee that covers the costs associated with exchanging OUNZ shares for London bars, as well as Delivery Fees that cover converting those London bars into gold coins or other forms of bullion commonly sought out by individual investors.
Even in times of market instability, OUNZ remains popular among investors seeking a simpler way to invest in gold. With inflation still high and geopolitical worries weighing heavily on investors’ minds, this product may draw increased interest. But investors should keep in mind that OUNZ does not escape volatility; like any ETF it may experience price swings.
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