VanEck International Investors Gold Fund Class A (INIVX)

Overview

This fund specializes in investments related to the gold sector, allocating a significant portion of its assets towards companies and instruments directly linked to gold activities. It targets entities primarily involved in the exploration, mining, processing, or trading of gold, ensuring that these companies derive at least half of their revenues from gold-related operations. Emphasizing the gold-mining industry, the fund commits more than 25% of its total assets to this sector, thereby classifying itself as non-diversified. This investment approach aims to capitalize on the economic aspects of gold by focusing on a mix of securities, tangible gold assets, and companies with substantial gold-centric operations.

Products and Services

• Securities of Gold-Related Companies:

  The fund invests in securities, including stocks and bonds, of companies significantly engaged in gold-mining, exploration, processing, or trading. This includes investment in entities that derive at least 50% of their revenues from gold-related activities, aiming to capture growth within the gold industry.

• Gold-Derived Instruments:

  A portion of the fund's assets is allocated towards financial instruments that derive their value from gold. These instruments can include futures contracts, derivatives, or other financial products linked to the price movements of gold, providing a way to gain exposure to gold prices without investing in physical gold directly.

• Gold Coins and Bullion:

  The fund also invests in physical gold assets such as gold coins and bullion. This investment approach offers a tangible asset base, providing a hedge against inflation or economic downturns, and adds a physical component to the fund's gold-centric investment portfolio.