Special Delivery: Gold ETF That Delivers Bullion Gets a Little Cheaper
July 22, 2020 at 11:49 AM EDT
The VanEck Merk Gold Trust (OUNZ), a gold ETF that actually delivers physical gold to investors when they redeem shares, is getting a lower expense ratio. In a statement issued Tuesday, VanEck said the new fee on OUNZ is 0.25% per year, or $25 on a $10,000 investment, down from 0.40%. “Gold...