VanEck International Investors Gold Fund Class A (INIVX)

7.46
Net Asset Value
-1.45%
1 Day
-20.47%
Year-to-Date
Overall Morningstar Rating
Equity precious metals
Style or Category
5.75
Sales Expenses
1.43%
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-1.06% 3 years+9.68%
3 months-13.66% 5 years-4.37%
1 year-19.45% Since inception+8.30%
Data through --

Peer Comparisonvs. Equity precious metals

 INIVXCategory
Performance 5-yr return-4.37%-0.02%
Expense ratio1.43%1.39%
Risk 5 year sharpe ratio0.01-0.03
Net assets$583.4M$457.4M
Average market cap$1.7B$3.3B
Average P/E17.117.7
Portfolio turnover32%32%

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Fund Management and Purchase Info

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

Holdings

International stock86.80%
U.S. stock9.74%
Cash3.07%
Fixed income0.38%
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
-- 7.70%
-- 6.66%
NEM Newmont Mining Corp5.99%
-- 5.39%
-- 4.28%
-- 4.10%
-- 3.83%
RGLD Royal Gold Inc3.74%
-- 3.14%
-- 3.04%