Risk factors

VanEck Merk Gold ETF (OUNZ) risk factors

Item 1A of every VanEck Merk Gold ETF 10-K on file, and what changed from one year to the next.

  • FY2026 10-K risk factors

    51 risks, 1 reworded since the prior year. Risk 49 was updated to generalize geopolitical conflicts in the Middle East and Ukraine affecting the Trust and its service providers.

    Filed Mar 27, 2026
  • FY2025 10-K risk factors

    51 risks. The Trust's risks are dominated by physical gold price volatility, gold custody and delivery logistics, and counterparty risks with dealers.

    Filed Mar 28, 2025