VanEck International Investors Gold Fund Class A (INIVX)

9.21
Net Asset Value
-0.43%
1 Day
-1.81%
Year-to-Date
Overall Morningstar Rating
Equity precious metals
Style or Category
5.75
Sales Expenses
1.35%
Expense Ratio
Above Average
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+7.09% 3 years+8.29%
3 months-3.36% 5 years-0.53%
1 year-0.97% Since inception+8.64%
Data through --

Peer Comparisonvs. Equity precious metals

 INIVXCategory
Performance 5-yr return-0.53%-8.06%
Expense ratio1.35%1.41%
Risk 5 year sharpe ratio0.01-0.04
Net assets$672.4M$582.2M
Average market cap$2.0B$3.3B
Average P/E17.320.6
Portfolio turnover32%32%

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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 stock88.97%
U.S. stock9.65%
Cash0.91%
Fixed income0.47%
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
-- 6.79%
NEM Newmont Mining Corp6.02%
-- 5.90%
-- 5.52%
-- 5.38%
-- 4.52%
-- 3.78%
RGLD Royal Gold Inc3.63%
GOLD Randgold Resources Ltd3.37%
-- 3.17%