VanEck International Investors Gold Fund Class A (INIVX)

9.00
Net Asset Value
-2.28%
1 Day
-4.05%
Year-to-Date
Overall Morningstar Rating
Equity precious metals
Style or Category
5.75
Sales Expenses
1.35%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks long-term capital appreciation; current income is a secondary consideration. The fund normally invests at least 80% of its net assets in securities of companies principally engaged in gold-related activities- instruments that derive their value from gold- gold coins and bullion. A company principally engaged in gold-related activities is one that derives at least 50% of its revenues from gold-related activities- including the exploration- mining or processing of or dealing in gold. It concentrates its investments in the gold-mining industry and therefore invests 25% or more of its total assets in such industry. The fund is non-diversified.

Performance

1 month-7.88% 3 years+4.96%
3 months+1.06% 5 years-6.78%
1 year-12.88% Since inception+8.80%
Data through --

Peer Comparisonvs. Equity precious metals

 INIVXCategory
Performance 5-yr return-6.78%-10.16%
Expense ratio1.35%1.42%
Risk 5 year sharpe ratio0.00-0.06
Net assets$725.5M$636.3M
Average market cap$2.2B$3.5B
Average P/E19.923.1
Portfolio turnover28%28%

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Fund Management and Purchase Info

Fund familyVan Eck
Fund manager & tenureJoseph Foster / 19 Years
Minimal initial investment$1,000.00
Minimum IRA investment--

Holdings

International stock85.69%
U.S. stock9.96%
Cash4.28%
Fixed income0.07%
Other0.00%
Top 5 Sectors
Portfolio weighting
Industrial materials 100.00%
Business service 0.00%
Consumer goods 0.00%
Consumer service 0.00%
Energy 0.00%
Top 10 Holdings
Portfolio weighting
-- 6.95%
NEM Newmont Mining Corp5.69%
-- 5.27%
-- 4.87%
-- 4.39%
-- 4.28%
-- 3.80%
GOLD Randgold Resources Ltd3.68%
RGLD Royal Gold Inc3.23%
-- 3.22%