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  • Ticker:- IIG;false;;

  • Van Eck International Investors Gold Fund 

  •  

    The Van Eck International Investors Gold Fund (INIVX | IIGCX | INIIX | INIYX) offers exposure to a distinct asset class that has often performed well in certain times of economic and political uncertainty and that has historically been considered a storehouse of value. The Fund also offers hedging potential in volatile equity markets or periods of high inflation as well as diversification benefits through historically low correlations to traditional asset classes. The Fund is managed by a specialized team of investment professionals who conduct continuous, on- and under-the-ground research.

    PDF Tiny Gold Monthly Commentary: December 2011  | PDF Tiny Van Eck Names Imaru Casanova Senior Gold Analyst
    Joe Foster on the next "Gold Run" with Hardassetsinvestor.com, 6/3 | PDF Morningstar Coverage on INIVX, April  2011    | 

     PDF Tiny The Impact of Inflation and Deflation on the Case for Gold      

  • Video Viewpoint

     

     

    Gold Outlook: 4Q' 11
         		 Foster on CNBC
    Morning Brief, 5/9

     

    Global Research Series:
    Mining in Colombia 2011, 5/27      

    		Global Expeditions: Mining for Gold in the Arctic Circle, 9/10
     
    Foster_GoldOutlook2Q11_May2011-off
         		Joe Foster CNBC May 9, 2011  Foster_ColombiaMining_May2011-off Foster Expedition Off  
    Joe Foster
    Portfolio Manager,
    Van Eck International
    Investors Gold Fund          		Joe Foster Weighs in on the
    Outlook for Silver/Gold

         		Joe Foster on the Road in Colombia
         		Joe Foster on the Road in the Arctic

     

     

  • Fund Details

     

    as of 12/31/11
    Net Assets (Class A, C, I, Y) $1.4B P/E (LTM) 18.8
    Number of Holdings 59 P/B (LTM) 2.3
    Turnover Rate (2010) 33% Avg. Weighted Market Cap (09/30/11) $5.0B

  • Fund Prices

     

    as of 02/03/2012
    FundTickerNAVDaily ChangeYTD ChangeHistorical PricesExpense Ratio
    Gross     Net
    Class A: NAV INIVX $21.56 $-0.37 -1.7% +13.0% Chart 1.25%         1.25%
    Class C: NAV IIGCX $20.00 $-0.34 -1.7% +12.9% Chart 1.95%         1.95%
    Class I: NAV INIIX $26.32 $-0.44 -1.6% +13.1% Chart 1.01%         1.01%
    Class Y: NAV INIYX $21.61 $-0.37 -1.7% +13.0% Chart 1.11%         1.11%

  • Performance History: Average Annual Total Returns (%)

    as of 12/31/11
    1 MO
    3 MO
    YTD1
    1 YR1
    3 YR
    5 YR
    10 YR
    LIFE
    Class A: NAV (Inception 2/10/56) -13.30 -7.42 -21.52 -21.52 24.73 11.90 24.24 10.87
    Class A: Maximum 5.75% load -18.27 -12.76 -26.04 -26.04 22.29 10.58 23.50 10.75
    Class C: NAV (Inception 10/3/03) -13.39 -7.61 -22.11 -22.11 23.80 11.07 -- 17.49
    Class C: 1.00 % redemption fee -14.24 -8.52 -22.88 -22.88 23.80 11.07 -- 17.49
    Class I: NAV (Inception 10/2/06) -13.26 -7.32 -21.30 -21.30 25.12 15.52 -- 18.13
    Class Y: NAV (Inception 4/30/10) -13.28 -7.41 -21.42 -21.42 -- -- -- 2.49
    GDM Index -14.37 -6.18 -15.48 -15.48 16.27 6.36 18.30 --
    S&P 500 Index 1.02 11.82 2.11 2.11 14.11 -0.25 2.92 --
    as of 09/30/2011
    1 MO
    3 MO
    YTD1
    1 YR1
    3 YR
    5 YR
    10 YR
    LIFE
    Class A: NAV (Inception 2/10/56) -16.34 -5.97 -15.22 -4.16 26.23 17.12 25.27 11.08
    Class A: Maximum 5.75% load -21.16 -11.38 -20.11 -9.67 23.77 15.74 24.52 10.96
    Class C: NAV (Inception 10/3/03) -16.38 -6.11 -15.69 -4.86 25.26 16.24 -- 19.26
    Class C: 1.00 % redemption fee -17.22 -7.05 -16.54 -5.67 25.26 16.24 -- 19.26
    Class I: NAV (Inception 10/2/06) -16.28 -5.88 -15.08 -3.93 32.67 -- -- 20.95
    Class Y: NAV (Inception 4/30/10) -16.28 -5.88 -15.13 -4.03 -- -- -- 8.68
    GDM Index -12.14 1.04 -9.91 -0.45 18.74 10.27 18.92  --
    S&P 500 Index -7.03 -13.87 -8.68 1.14 1.23 -1.18 2.82 --

      

    1Year-to-date and one-year returns are not annualized.

    Expenses are calculated for the 12-month period ended 05/01/12.  Class A: 1.25%; Class C: 1.95%; Class I: 1.01%; Class Y: 1.11%.

    The tables present past performance which is no guarantee of future results and which may be lower or higher than current performance. Returns reflect temporary contractual fee waivers and/or expense reimbursements. Had the Fund incurred all expenses and fees, investment returns would have been reduced. Investment returns and Fund share values will fluctuate so that investor’s shares, when redeemed, may be worth more or less than their original cost. Fund returns assume that dividends and capital gains distributions have been reinvested in the Fund at NAV. 

  • Fund Summary

     

    The Fund seeks long-term capital appreciation by investing in common stocks of gold-mining companies. The Fund may take current income into consideration. The Fund's benchmarks are the NYSE Arca Gold Miners Index (GDM) and the S&P 500 Index.

  • Country Weightings (%)

     

    as of 12/31/11
    Canada 64.3%
    U.S. 13.5%
    U.K. 9.0%
    Australia 6.4%
    South Africa 3.8%
    Mexico 1.7%
    Other 0.0%
    Cash 1.3%

  • Sector Weightings (%)

     

    as of 12/31/11
    Precious Metals 96.1
    Base Metals 1.6
    Other 1.0
    Cash 1.3

  • Three-Year Fund Risk Measures and Statistics

     

    as of 12/31/11
    Standard Deviation 34.95
    Sharpe Ratio 0.80
    Alpha vs. GDM 8.48
    Beta vs. GDM 0.95
    R squared vs. GDM 0.96

  • Market Capitalization (Cap) Breakdown (%)

     

    as of 12/31/11
    Large (≥ $10.2 billion) 55.2
    Mid (< $10.2 billion ≥ $2.2 billion) 26.2
    Small (< $2.2 billion) 18.6
    Average Weighted Market Cap $5.0B

  • Share Class Details

     

    Share ClassTickerInception DateMaximum Sales ChargeMaximum Deferred Sales ChargeService Fees 12b-1
    AINIVX
    		01/01/1956
    		5.75%0.00%0.25%
    CIIGCX
    		10/03/20030.00%1.00%1.00%
    IINIIX
    		10/02/20060.00%0.00%0.00%
    YINIYX04/30/20100.00%0.00%0.00%

  • Top Ten Holdings (%)

     

    as of 12/31/11
    Goldcorp, Inc. 7.8%
    Randgold Resources Ltd. 6.9%
    Newmont Mining Corp. 5.8%
    IAMGOLD Corp. 5.2%
    Kinross Gold Corp. 4.7%
    New Gold, Inc. 4.6%
    Yamana Gold Inc. 4.6%
    Newcrest Mining Ltd. 3.8%
    Silver Wheaton Corp. 3.7%
    Agnico-Eagle Mines Ltd. 3.7%
    Top Ten Subtotal 50.8%
    These are not recommendations to buy or sell any security. Sectors and holdings may vary.

  • Class A NAV History

     

    as of 12/31/11
    12-Month High (09/08/11) $26.26
    12-Month Low (12/28/11) $18.45
    Current Month End (December) $19.08
    November 2011 Month End $22.36
    October 2011 Month End $22.59
    September 2011 Month End $20.94
    August 2011 Month End $25.03
    July 2011 Month End $23.44
    June 2011 Month End $22.27
    May 2011 Month End $23.46
    April 2011 Month End $25.08
    March 2011 Month End $24.38
    February 2011 Month End $23.95
    January 2011 Month End $21.80
    December 2010 Month End $24.70
    November 2010 Month End $27.49
    October 2010 Month End $25.88
    September 2010 Month End $25.27
    August 2010 Month End $23.16
    July 2010 Month End $20.68
    June 2010 Month End $21.44
    May 2010 Month End $20.91

  • Important Disclosure

    You can lose money by investing in the Fund. Any investment in the Fund should be part of an overall investment program, not a complete program. The Fund is subject to the risks associated with concentrating its assets in the gold industry, which can be significantly affected by international economic, monetary and political developments. The Fund’s overall portfolio may decline in value due to developments specific to the gold industry. The Fund’s investments in foreign securities involve risks related to adverse political and economic developments unique to a country or a region, currency fluctuations or controls, and the possibility of arbitrary action by foreign governments, including the takeover of property without adequate compensation or imposition of prohibitive taxation. The Fund is subject to risks associated with investments in debt securities, derivatives, commodity-linked instruments, illiquid securities, asset-backed securities, CMOs and small- or mid-cap companies. The Fund is also subject to inflation risk, short-sales risk, market risk, non-diversification risk, leverage risk, credit risk and counterparty risk. Please see the prospectus for information on these and other risk considerations.

    The NYSE Arca Gold Miners Index (GDM) is a modified market capitalization-weighted index comprised of publicly traded companies involved primarily in mining for gold. The S&P 500 Index, calculated with dividends reinvested, consists of 500 leading companies in leading industries of the U.S. economy.

    All indices are unmanaged and include the reinvestment of all dividends, but do not reflect the payment of transaction costs, advisory fees or expenses that are associated with an investment in the Fund. An index’s performance is not illustrative of the Fund’s performance. Indices are not securities in which investments can be made. Results reflect past performance and do not guarantee future results.

    Investing involves risk, including possible loss of principal. An investor should consider investment objectives, risks, charges and expenses of the investment company carefully before investing. The prospectus and summary prospectus contain this and other information.  Please read the prospectus and summary prospectus carefully before investing. 

    Not FDIC Insured — No Bank Guarantee — May Lose Value

    Van Eck Securities Corporation, Distributor