VanEck International Investors Gold Fund Class A (INIVX)

8.13
Net Asset Value
-5.24%
1 Day
-19.98%
Year-to-Date
Overall Morningstar Rating
Equity precious metals
Style or Category
5.75
Sales Expenses
1.47%
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-18.86% 3 years-2.45%
3 months-18.13% 5 years+4.29%
1 year+1.07% Since inception+8.57%
Data through --

Peer Comparisonvs. Equity precious metals

 INIVXCategory
Performance 5-yr return+4.29%+8.32%
Expense ratio1.47%1.38%
Risk 5 year sharpe ratio0.260.23
Net assets$679.0M$515.1M
Average market cap$3.5B$4.2B
Average P/E17.819.8
Portfolio turnover21%21%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyVanEck
Fund manager & tenureJoseph Foster / 21 Years
Minimal initial investment$1,000.00
Minimum IRA investment--

Holdings

International stock89.76%
U.S. stock8.14%
Cash2.10%
Fixed income0.00%
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
NEM Newmont Corporation8.10%
-- 8.09%
-- 8.00%
-- 7.78%
-- 4.91%
-- 4.78%
-- 4.74%
-- 4.32%
-- 3.29%
-- 3.04%