Investment Test Drive

OUNZ VanEck Merk Gold Trust

2 lower fee alternatives found

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Fund OUNZ VanEck Merk Gold Trust IAU iShares Gold Trust SGOL ETFS Physical Swiss Gold  
Similarity
?
100% 99% 99%
Annual Fees
?
$40.00
(0.40% Exp. Ratio)
$25.00
(0.25% Exp. Ratio)
$39.00
(0.39% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 0.01% annual return
$8,885.44 $9,295.79 $8,912.25
Est. savings over 30 yrs +$410.34 +$26.80
Return
As of 11/30/16
1 YR RETURN 10.50%
3 YR --
5 YR --
10 YR --
1 YR RETURN 10.73%
3 YR -2.27%
5 YR -7.79%
10 YR 5.86%
1 YR RETURN 10.51%
3 YR -2.42%
5 YR -7.93%
10 YR --
Description
The Trust’s primary objective is to provide investors with an opportunity to invest in gold through the shares and be able to take delivery of physical gold in exchange for those shares. The Trust’s secondary objective is for the shares to reflect the performance of the price of gold less the expenses of the Trust’s operations. Each share represents a fractional undivided beneficial interest in the Trust’s net assets. The Trust’s assets consist principally of gold held on the Trust’s behalf in financial institutions for safekeeping.
The investment seeks to reflect generally the performance of the price of gold. The Trust seeks to reflect such performance before payment of the Trust’s expenses and liabilities. The Trust is not actively managed. It does not engage in any activities designed to obtain a profit from, or to ameliorate losses caused by, changes in the price of gold. The Shares are intended to constitute a simple and cost-effective means of making an investment similar to an investment in gold. An investment in physical gold requires expensive and sometimes complicated arrangements in connection with the assay, transportation, warehousing and insurance of the metal.
The investment seeks to reflect the performance of the price of gold bullion, less the Trust’s expenses. The Shares are intended to constitute a simple and cost-effective means of making an investment similar to an investment in gold. An investment in physical gold requires expensive and sometimes complicated arrangements in connection with the assay, transportation, warehousing and insurance of the metal. Although the Shares will not be the exact equivalent of an investment in gold, they provide investors with an alternative that allows a level of participation in the gold market through the securities market.

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The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

The best choice is based on a combined analysis of lowest fees and highest similarity to the original fund.

Similarity

FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

Yes, funds and ETFs charge fees

Deep within every fund you own lies a hidden fee called expense ratio. It takes away a set % of your savings each and every year. It can often be easily reduced by switching to similar investments with lower expense ratios.

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