Why Buy Gold Today
As a unique asset, gold may enhance portfolio diversification, acts as store of value and hedges against systemic financial and geopolitical risk.
While these basic principles of gold exposure remain constant over time, it is important to examine more closely the rationale for gold and gold stocks in today’s environment and why we believe the near-term future looks bright.
Gold: 25-Year Correlation* and Other Asset Classes
* Correlation measures the degree which the two variables move in relation to each other over the 25 year period.
Source: VanEck, Morningstar. Data as of March 31, 2024. “Commodities” represented by Bloomberg Commodity Index. “Emerging Market (EM) Stocks” represented by MSCI Emerging Markets Index. “Global Bonds” represented by Bloomberg Global Aggregate Bond Index. “Global Stocks” represented by MSCI All Country World Index (ACWI). “Gold Miners” represented by FTSE Gold Mines Index. “International (Int’l) Bonds” represented by Bloomberg Global Aggregate ex USD Index. “International (Int’l) Stocks” represented by MSCI World ex USA Index. “REITs” represented by FTSE NAREIT All Equity REITs Index. “U.S. Bonds” represented by Bloomberg U.S. Aggregate Bond Index. “U.S. Stocks” represented by S&P 500 Index. “U.S. Treasury Inflation-Protected Securities (TIPS)” represented by Bloomberg U.S. Treasury TIPS Index.
Tax-Efficiency
OUNZ shareholders can request access to their share of gold. Delivery requests of at least one ounce can be submitted for a variety gold coins and bars. Because investors own a pro-rata share of the gold in OUNZ, taking delivery is not taxable. You simply take delivery of what you already own.
Gold Delivery — Easy as 1-2-3
1. Investor files a delivery application.
2. Investor instructs their broker to submit their ETF shares to take delivery of their gold.
3. Gold is sent to Investor.
Latest Gold Investing Insights
Over 50 Years of Gold Investing Leadership
VanEck’s leadership in gold investing extends more than 50 years, encompassing gold stocks and bullion across ETFs and mutual funds. We launched the U.S’s first gold stock fund (INIVX) in 1968 and issued the first gold miners ETF (GDX) in 2006.
1955
John van Eck establishes firm with launch of international equity fund
1968
Foreseeing inflation, fund objective converted, creating first gold equity fund in U.S.
1983
Opened its first sub-advisory gold-related separately managed account
1994
Launched first long-only natural resources equity mutual fund, including gold exposure
2006
Gold mining ETF introduced; gold assets cross $1B level
2009
Second gold mining ETF listed, focusing on juniors
2012
Gold UCITS fund opened in Europe
2015
Partners with Merk Investments LLC as marketing agent on bullion ETF
2024
As of March 31, total firmwide gold-related assets of $20B
1955
John van Eck establishes firm with launch of international equity fund
1968
Foreseeing inflation, fund objective converted, creating first gold equity fund in U.S.
1983
Opened its first sub-advisory gold-related separately managed account
1994
Launched first long-only natural resources equity mutual fund, including gold exposure
2006
Gold mining ETF introduced; gold assets cross $1B level
2009
Second gold mining ETF listed, focusing on juniors
2012
Gold UCITS fund opened in Europe
2015
Partners with Merk Investments LLC as marketing agent on bullion ETF
2024
As of March 31, total firmwide gold-related assets of $20B
OUNZ | VanEck Merk Gold ETF Prospectus
Important Disclosures
Index Definitions:
The Bloomberg Commodity Index is calculated on an ER basis and reflects commodity price movements.
The MSCI Emerging Markets Index captures large and mid cap representation across 24 Emerging Markets (EM) countries*. With 1,328 constituents, the index covers approximately 85% of the free float-adjusted market capitalization in each country.
The Bloomberg Global Aggregate Index is a flagship measure of global investment grade debt from twenty-eight local currency markets. This multi-currency benchmark includes treasury, government-related, corporate and securitized fixed-rate bonds from both developed and emerging markets issuers.
The MSCI ACWI captures large and mid cap representation across 23 Developed Markets (DM) and 24 Emerging Markets (EM) countries*. With 2,757 constituents, the index covers approximately 85% of the global investable equity opportunity set.
The FTSE Gold Mines Index Series is designed to reflect the performance of the worldwide market in the shares of companies, the revenues of which are primarily derived from the mining of gold.
The Bloomberg Global Aggregate ex-USD Index is an investment grade, multi-currency benchmark including treasury, government-related, corporate and securitized fixed-rate bonds from both developed and emerging markets issuers.
The MSCI World ex USA Index: captures large and mid cap representation across 22 of 23 Developed Markets (DM) countries*--excluding the United States. With 828 constituents, the index covers approximately 85% of the free float-adjusted market capitalization in each country.
The FTSE NAREIT All Equity REITs Index is a free-float adjusted, market capitalization-weighted index of U.S. equity REITs.
The Bloomberg US Aggregate Bond Index is a broad-based flagship benchmark that measures the investment grade, US dollar denominated, fixed-rate taxable bond market.
The S&P 500 Tracks the 500 leading companies and covers approximately 80% of market share.
The Bloomberg US Treasury Inflation-Linked Bond Index (Series-L) measures the performance of the US Treasury Inflation Protected Securities (TIPS) market.
VanEck Merk Gold ETF:
The material must be preceded or accompanied by a prospectus. Before investing you should carefully consider the VanEck Merk Gold ETF's (the “Trust") investment objectives, risks, charges and expenses. Please read the prospectus carefully before investing.
Investing involves significant 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.
Trust shares trade like stocks, are subject to investment risk and will fluctuate in market value. The value of Trust shares relates directly to the value of the gold held by the Trust (less its expenses), and fluctuations in the price of gold could materially and adversely affect an investment in the shares. The price received upon the sale of the shares, which trade at market price, may be more or less than the value of the gold represented by them. The Trust does not generate any income, and as the Trust regularly issues shares to pay for the Sponsor’s ongoing expenses, the amount of gold represented by each Share will decline over time. Investing involves risk, and you could lose money on an investment in the Trust. For a more complete discussion of the risk factors relative to the Trust, carefully read the prospectus.
VanEck International Investors Gold Fund
You can lose money by investing in the Fund. Any investment in the Fund should be part of an overall investment program, not a complete program. The Fund is subject to risks which may include, but are not limited to, risks associated with active management, commodities and commodity-linked instruments, commodities and commodity-linked instruments tax, derivatives, direct investments, emerging market issuers, ESG investing strategy, foreign currency, foreign securities, gold and silver mining companies, market, non-diversified, operational, regulatory, investing in other funds, small- and medium-capitalization companies, special risk considerations of investing in Australian and Canadian issuers, subsidiary investment risk, and tax risks (with respect to investments in the Subsidiary), all of which may adversely affect the Fund. Emerging market issuers and foreign securities may be subject to securities markets, political and economic, investment and repatriation restrictions, different rules and regulations, less publicly available financial information, foreign currency and exchange rates, operational and settlement, and corporate and securities laws risks. Small- and medium-capitalization companies may be subject to elevated risks. Derivatives may involve certain costs and risks such as liquidity, interest rate, and the risk that a position could not be closed when most advantageous. Investments in the gold industry can be significantly affected by international economic, monetary and political developments. The Fund’s overall portfolio may decline in value due to developments specific to the gold industry.
VanEck Gold Miners ETF and VanEck Junior Gold Miners ETF
An investment in the Funds may be subject to risks which include, but are not limited to, risks related to investments in gold and silver mining companies, special risk considerations of investing in Australian and Canadian issuers, foreign securities, emerging market issuers, foreign currency, depositary receipts, micro-, small- and medium-capitalization companies, equity securities, market, operational, index tracking, authorized participant concentration, no guarantee of active trading market, trading issues, passive management, fund shares trading, premium/discount risk and liquidity of fund shares, non-diversified, and index-related concentration risks, all of which may adversely affect the Funds. Emerging market issuers and foreign securities may be subject to securities markets, political and economic, investment and repatriation restrictions, different rules and regulations, less publicly available financial information, foreign currency and exchange rates, operational and settlement, and corporate and securities laws risks. Micro-, small- and medium-capitalization companies may be subject to elevated risks.
Diversification does not assure a profit or protect against loss.
Investing involves substantial risk and high volatility, including possible loss of principal. An investor should consider a Fund's investment objective, risks, charges and expenses carefully before investing. To obtain a prospectus and summary prospectus for VanEck Funds and VanEck ETFs, which contain this and other information, call 800.826.2333 or visit vaneck.com. Please read the prospectus and summary prospectus for VanEck Funds and VanEck ETFs carefully before investing.
© 2024 Merk Investments LLC. © 2024 VanEck. All trademarks, service marks or registered trademarks are the property of their respective owners.
Van Eck Securities Corporation, Distributor of VanEck International Investors Gold Fund, VanEck Gold Miners ETF, and VanEck Junior Gold Miners ETF.