Van Eck Global® and Merk Investments® Announce Marketing Agreement
26 Outubro 2015 - 11:05AM
Business Wire
Merk’s physical gold ETF will be marketed by
Van Eck, rebranded as Van Eck Merk Gold Trust
Van Eck Global and Merk Investments LLC are today announcing
that Van Eck has begun to act as marketing agent for the Van Eck
Merk Gold Trust (NYSE Arca:OUNZ), previously known as the Merk Gold
Trust.
OUNZ, launched by Merk President & CIO Axel Merk and his
team, seeks to provide investors with a convenient and
cost-efficient way to buy and hold gold through an exchange-traded
fund (ETF) while also giving investors the option to take physical
delivery of gold if and when desired. While other exchange-traded
products provide investors with exposure to gold, OUNZ is the only
that provides a patented, physical gold delivery option.
“Van Eck has a long history of gold investing. We launched the
first gold mutual fund and the first gold miners ETF in the U.S.,”
said Jan van Eck CEO of Van Eck Global. “Through OUNZ, investors
may buy gold with the ease of an ETF, but also have the option to
take delivery of their gold when they want, where they want, in the
form they want. We’re pleased to be teaming up with Merk
Investments to offer the fund to more investors.”
OUNZ joins other gold-themed offerings in the Van Eck family of
funds, including Market Vectors® Gold Miners ETF (NYSE Arca:GDX),
Market Vectors® Junior Gold Miners ETF (NYSE Arca:GDXJ) and the Van
Eck International Investors Gold Fund (ticker:INIVX).
“Van Eck’s long and storied history in gold investing makes them
a natural partner for us as we continue to educate investors about
OUNZ and the role that physical gold exposure can play in a
portfolio,” said Axel Merk. “Our unique approach to providing
investors with the opportunity to redeem their shares for physical
gold coupled with Van Eck’s deep knowledge base, marketing acumen
and outstanding reputation make this a very exciting
partnership.”
Merk remains the sponsor of this exchange-traded product, which
is being rebranded as Van Eck Merk Gold Trust. The ticker symbol
for the fund, OUNZ, will remain the same. OUNZ will continue to
feature an expense ratio of 0.40 percent.
About Van Eck Global
Founded in 1955, Van Eck Global was among the first U.S. money
managers to help investors achieve greater diversification through
global investing. Today, the firm continues this tradition by
offering innovative investment choices in specialized asset classes
such as hard assets, emerging markets, and precious metals
including gold. Van Eck offers a broad array of Market Vectors ETFs
spanning broad-based and specialized asset classes, and is one of
the largest providers of ETPs in the U.S. and worldwide. The Firm
has offices around the world and managed approximately $25.4
billion in investor assets as of September 30, 2015.
About Merk Investments
Merk is a leader in the currency asset class and a pioneer in
providing uncorrelated returns and portfolio diversification
through transparent no-load currency and gold funds. The Merk Funds
may provide valuable diversification benefits. Merk White Papers
and other primary research on the currency asset class and gold can
be found at www.merkfunds.com. Aside from the Van Eck Merk Gold
Trust, the Merk Funds® include: the Merk Hard Currency Fund®
(MERKX), the Merk Asian Currency Fund® (MEAFX), and the Merk
Absolute Return Currency Fund® (MABFX).
This material must be preceded or accompanied by a
prospectus. Before investing, you should carefully consider the
Trust's investment objectives, risks, charges and expenses. This
and other information is in the prospectus, a copy of which may be
obtained by visiting www.vaneck.com/ounz or calling
800-826-2333. Please read the prospectus carefully before you
invest.
Investing involves risk, including possible loss of principal.
The Trust is not an investment company registered under the
Investment Company Act of 1940 or a commodity pool for the purposes
of the Commodity Exchange Act. Shares of the Trust are not subject
to the same regulatory requirements as mutual funds. Because shares
of the Trust are intended to reflect the price of the gold held in
the Trust, the market price of the shares is subject to
fluctuations similar to those affecting gold prices. Additionally,
shares of the Trust are bought and sold at market price, not at net
asset value (“NAV”). Brokerage commissions will reduce returns.
The request for redemption of shares for gold is subject to a
number of risks including but not limited to the potential for the
price of gold to decline during the time between the submission of
the request and delivery. Delivery may take a considerable amount
of time depending on your location. Commodities and commodity-index
linked securities may be affected by changes in overall market
movements and other factors such as weather, disease, embargoes, or
political and regulatory developments, as well as trading activity
of speculators and arbitrageurs in the underlying commodities.
The sponsor of the Trust is Merk Investments LLC (the
“Sponsor”). Van Eck Securities Corporation and Foreside Fund
Services, LLC, provide marketing services to the Trust.
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version on businesswire.com: http://www.businesswire.com/news/home/20151026005773/en/
Media:MacMillan CommunicationsMike MacMillan/Chris
Sullivan, 212-473-4442chris@macmillancom.com
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