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 YTD return is shown above.
The YTD Return on the OUNZ YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether OUNZ YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the OUNZ YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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