How Does OUNZ Work?
OUNZ offers investors an exciting opportunity to invest in gold. The fund focuses on investment demand, central bank purchasing activity and current economic uncertainty to find profitable investments.
OUNZ stands apart from most ETFs by offering physical delivery of gold in increments of one troy ounce coins. Merk Investments LLC developed a proprietary method for this process that converts London Bars into gold coins or bars according to your delivery preference.
How do I buy OUNZ?
OUNZ offers investors an efficient and cost-efficient means of accessing gold. Its ability to redeem for physical delivery sets it apart from other gold ETFs, making it appealing for investors seeking a safe-haven asset. If you opt to take advantage of this feature, however, be mindful that additional expenses may apply.
Robinhood Financial offers an easy and commission-free way to buy and sell ETFs such as OUNZ. All investments involve risks including potential loss of principal. Performance data represents past results but cannot guarantee similar performance in the future.
OUNZ should not be seen as a comprehensive investment portfolio and, to protect yourself from market fluctuations and maximize returns for investors. Prices can fluctuate significantly from their net asset value (NAV), impacting returns.
How do I take delivery of my gold?
Delivering your OUNZ shares means receiving physical gold equal to their Fine Ounce value. In order to do so, a delivery application and transfer are required – this submission of shares to the Trustee cannot be reversed once made.
This application includes important details regarding your broker and delivery address as well as specific instructions for how you want to receive your gold (London Bars or coins). There will be an Exchange Fee charged if converting London Bars into coin or bar formats that meet your preference.
OUNZ represents an innovative development in the ETF space that sets it apart from others, earning patent protection by the United States Patent and Trademark Office. OUNZ acts as an intermediary between institutional investors and retail buyers of gold – this innovation marks a first for industry, potentially soothing concerns expressed by conspiracy theorists who consider GLD/IAU physical-backed gold funds fake investments.
How do I sell my OUNZ?
OUNZ stands out among ETFs by offering investors the ability to redeem shares in exchange for physical gold, setting it apart from gold funds that only track price changes and providing diversification with non-income producing assets. Although its market price will fluctuate compared to its NAV, Robinhood provides investors the chance to trade OUNZ and all other ETFs commission-free.
How do I exchange my OUNZ for physical gold?
OUNZ stands out from other gold ETFs by providing physical delivery. Investors can redeem shares for all the gold they own in increments of one troy ounce – making OUNZ an attractive safe-haven asset and inflation hedge.
OUNZ charges a processing and delivery fee when redeeming physical gold from their fund; please refer to its investor relations section for more details on these fees.
Physical gold can be expensive to buy and sell, with dealer commissions, state sales taxes in some states, storage costs, security considerations and more all contributing. Furthermore, selling it at current prices may take days or even weeks to happen at current prices. OUNZ provides an efficient alternative: tracking the price of gold while offering instantaneous delivery with just one button press – all investments involve risks including possible principal loss – please consult the prospectus for full disclosure of risks before investing.
Comments are closed here.