VanEck Merk Gold Trust is an investment trust. Merk Investments LLC, is responsible for, among other things, overseeing the performance of The Bank of New York Mellon and Co.'s principal service providers, including the preparation of financial statements. The purpose of Co. is to own gold transferred to it in exchange for shares issued by it (the Shares). Each Share represents a fractional undivided beneficial interest in and ownership of Co. Shares are issued by Co. in blocks of 50,000 called Baskets in exchange for gold from certain registered broker-dealers or other securities market participants. The assets of Co. is anticipated to consist solely of gold bullion. The OUNZ stock yearly return is shown above.
The yearly return on the OUNZ stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2019 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the OUNZ annual return calculation with any dividends reinvested as applicable (on ex-dates).
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