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  • Ticker:- IIG;false;;
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    International Investors Gold Fund 


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    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 Portfolio Manager Commentary: July 2010

    PDF Portfolio Manager Commentary: June 2010

    PDF Illustration: Gold Bullion vs. Gold Equities (6/2010) |PDF Gold: Possible Hedge Against Rising Interest Rates (2010)

  • Fund Details

    Fact Sheet PDF

     

    As of 7/31/10
    Net Assets (Class A, C, I, Y) $1.2B P/E Ratio 39.73
    Number of Holdings 84 P/B Ratio 3.32
    Turnover Rate (2009) 19% Avg Weighted Market Cap (12/31/09) $4.1B

  • Prices

     

    As of September 08, 2010
    FundTickerNAVDaily ChangeYTD ChangeHistorical PricesExpense Ratio
    Gross     Net
    Class A: NAV INIVX $23.85 $-0.08 -0.3% +26.1% Chart 1.43%         1.43%
    Class C: NAV IIGCX $22.59 $-0.07 -0.3% +25.4% Chart 2.31%         2.21%
    Class I: NAV INIIX $28.23 $-0.08 -0.3% +26.4% Chart 3.11%         1.01%
    Class Y: NAV INIYX $23.86 $-0.07 -0.3% n.a. Chart 3.11%         1.21%

  • Performance History (%)

    As of July 31, 2010
    1 MO
    3 MO
    YTD1
    1 YR1
    3 YR
    5 YR
    10 YR
    LIFE
    Class A: NAV (Inception 2/10/56) -3.54 -4.08 9.30 40.23 15.01 27.73 25.28 11.01
    Class A: Maximum 5.75% load -9.10 -9.62 3.04 32.19 12.76 26.22 24.53 10.88
    Class C: NAV (Inception 10/3/03) -3.59 -4.25 8.83 39.19 14.17 26.88 -- 20.25
    Class C: 1.00 % redemption fee -4.55 -5.21 7.83 38.19 14.17 26.88 -- 20.25
    Class I: NAV (Inception 10/2/06) -3.51 -4.00 9.53 40.74 20.97 -- -- 22.91
    Class Y: NAV (Inception 4/30/10) -3.50 -- -- -- -- -- -- -4.04
    GDM Index -7.06 -4.40 5.02 22.38 7.61 16.73 --  --
    S&P 500 Index 7.01 -6.69 -0.11 13.84 -6.77 -0.17 -0.76 --
    As of June 30, 2010
    1 MO
    3 MO
    YTD1
    1 YR1
    3 YR
    5 YR
    10 YR
    LIFE
    Class A: NAV (Inception 2/10/56) 2.53 14.59 13.32 53.95 18.00 28.24 24.58 11.10
    Class A: Maximum 5.75% load -3.38 8.01 6.83 45.10 15.68 26.72 23.83 10.97
    Class C: NAV (Inception 10/3/03) 2.47 14.41 12.88 52.66 17.12 27.36 -- 21.18
    Class C: 1.00 % redemption fee 1.47 13.41 11.88 51.66 17.12 27.36 -- 21.18
    Class I: NAV (Inception 10/2/06) 2.55 14.70 13.52 54.54 24.13 -- -- 24.67
    Class Y: NAV (Inception 4/30/10) 2.53 -- -- -- -- -- -- -0.56
    GDM Index 4.67 17.53 12.99 38.60 12.34 17.87 --  --
    S&P 500 Index -5.23 -11.43 -6.65 14.43 -9.80 -0.79 -1.59 --

     

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

    Expenses: Class A: Gross 1.43% and Net 1.43%; Class C: Gross 2.31% and Net 2.21%; Class I: Gross 3.11% and Net 1.01%; Class Y: Gross 3.11% and Net 1.21%. Expenses are capped contractually through 05/01/11 at 1.45% for Class A; 2.20% for Class C; 1.00% for Class I; and 1.20% for Class Y. Caps exclude certain expenses, such as interest.

    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 7/31/10
    Canada 60.4%
    Australia 10.4%
    U.S.A. 10.1%
    U.K. 9.9%
    South Africa 3.0%
    Mexico 1.0%
    Other 0.0%
    Cash 5.2%

  • Sector Weighting

     

    As of 7/31/10
    Precious Metals 93.0%
    Base Metals 1.8%
    Cash 5.2%

  • 3-Year Fund Statistics

     

    As of 7/31/10
    Standard Deviation 49.03
    Sharpe Ratio 0.51
    Alpha vs. GDM 7.27
    Beta vs. GDM 0.98
    R squared vs. GDM 0.98

  • 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 10 Holdings

     

    As of 07/31/10
    Randgold Resources Ltd. 8.09%
    Red Back Mining, Inc 6.91%
    IAMGOLD Corp. 5.64%
    Goldcorp, Inc. 5.18%
    Osisko Mining Corp. 5.03%
    Kinross Gold Corp. 4.16%
    Agnico-Eagle Mines Ltd. 4.03%
    SPDR Gold Trust 3.52%
    Silver Wheaton Corp. 3.34%
    Barrick Gold Corp. 2.96%
    Subtotal 48.86%
    These are not recommendations to buy or sell any security. Sectors and holdings may vary.

  • Class A NAV History

     

    As of 07/31/2010
    12-Month High (06/18/10) $22.63
    12-Month Low (08/17/09) $14.55
    Current Month End $20.68
    June 2010 $21.44
    May 2010 $20.91
    April 2010 $21.56

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    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 contains this and other information.  Please read the prospectus carefully before investing.

    Not FDIC Insured — No Bank Guarantee — May Lose Value

    Van Eck Securities Corporation, Distributor

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