Free Writing Prospectus

VanEck Merk Gold Trust

2018-01-12 OUNZ Inspection


Pursuant to 433/164






555 Bryant St #455 · Palo Alto, CA 94301




VanEck Merk Gold Trust

2 Hanson Place

Brooklyn, NY 11217


January 12, 2018





To whom it may concern:


As the President of the Sponsor of the VanEck Merk Gold Trust (NYSE: OUNZ, “Trust”), I am authorized to visit the premises of the Trust’s custodian for the purpose of examining the Trust’s gold.


On Friday, January 12, 2018, I conducted an on-site inspection of the Trust’s gold at the London vault of JPMorgan Chase Bank, N.A. (“Custodian”). My inspection included a complete count of the gold bars held in the Trust allocated account.


At the time of my inspection, 260 Gold Bars were held by the Custodian on behalf of the Trust on an allocated basis.


In total, according to the records of the Custodian, 105,283.185 fine troy ounces of Gold were held on an allocated basis. The Gold Bars weighed between 369.138 and 429.139 fine ounces of Gold with a purity between 99.51% and 99.99%. These records are consistent with those of Bank of New York Mellon (the “Trustee”) and my inspection.


No anomalies were identified during my inspection.


Merk Investments LLC

Text Box:


Axel Merk


For a definition of the capitalized terms, please also see the Trust’s prospectus at