Van Eck Global - Since 1955

Global Gold UCITS

  • Fund Summary & Key Points

    The Global Gold UCITS (“Sub-Fund” or “Feeder Fund”) seeks long-term capital appreciation by investing in shares of companies active in the gold mining, precious metals, and precious stones industries to benefit from the growth and scarcity of future gold reserves. The Sub-Fund’s benchmarks are the FTSE Gold Mines Index and the S&P® 500 Index.

    The Global Gold UCITS is a Feeder Fund and invests primarily in Lombard Odier Funds — World Gold Expertise (“Master Fund”) - an actively managed gold-mining equities portfolio, managed by Van Eck Associates Corporation. Geologist Joe Foster has been a part of Van Eck’s investment team since 1996. His specialized investment team conducts continuous on — and under-the-ground research to access mining efficiencies and opportunities.

  • Global Gold UCITS Details  
    as of 31/03/14

    • Net Assets (Master)
      $191.8M
    • Net Assets (Feeder)
      $1.1M
    • Number of Holdings
      50
    • Liquidity
      Daily
    • Countries Registered
      Finland, Germany, Luxembourg, Norway, Sweden
    • Master Fund
      LO Funds - World Gold Expertise
    • Distribution Policy
      Accumulation
    • Cut Off Time
      13h00 Luxembourg (T-1)
    • Close of Financial Year
      30 September
    • Benchmark Indices2
      FTSE Gold Mines Index
      S&P® 500 Index

  • Performance History: Average Annual Total Returns (%)  

    1MO13MO1YTD11YR3YR5YR10YRLIFE
    Global Gold UCITS Fund
    USD R1 Acc (Inception 15/11/12) -9.5415.0015.00-31.00-------34.75
    USD I1 Acc (Inception 15/11/12) -9.4815.2615.26-30.38-------34.16
    FTSE Gold Mines Index2-7.7711.7711.77-36.14-------36.75
    S&P® 500 Index20.841.811.8121.86------29.42
    1MO13MO1YTD11YR3YR5YR10YRLIFE
    Global Gold UCITS Fund
    USD R1 Acc (Inception 15/11/12) -9.5415.0015.00-31.00-------34.75
    USD I1 Acc (Inception 15/11/12) -9.4815.2615.26-30.38-------34.16
    FTSE Gold Mines Index2-7.7711.7711.77-36.14-------36.75
    S&P® 500 Index20.841.811.8121.86------29.42

     

    1Returns less than one year are not annualized

     2The Financial Times (FTSE) Gold Mines Index is designed to reflect the performance of the world-wide market in the shares of companies whose principal activity is the mining of gold. Eligibility is based on the quantity of gold production. All Index values are denominated in USD. The S&P® 500 Index, calculated with dividends reinvested, consists of 500 leading companies in leading industries of the U.S. economy. 

    Past performance of the sub-fund is no guarantee for future performance. Any performance presented herein is for illustrative purposes only. Historical information is not indicative of future results; current data may differ from data quoted. Performance information does not take into account the commissions and costs incurred on the issue and redemption of units. Performance information is presented net of fees.

     

  • Share Class Details

    SHARE CLASS ISIN CUSIP BloombergReutersWKNSEDOLSIX TELEKURS
    USD R1 AccLU0839272084L9629A 189VEGGUR168190272A1J723B4M4BQ019995622
    USD I1 AccLU0839272167L9629A 197VEGGUI168190273A1J724B83CGM219995642
  • Management Company & Agents

     
    Investment Manager (by delegation of the Management Company) Van Eck Associates Corporation
    Management Company RBS (Luxembourg) S.A.
    Central Administration (by delegation of the Management Company), Custodian and Depositary State Street Bank Luxembourg S.A.
    Global Distributor (by delegation of the Management Company) Van Eck Switzerland AG
    Auditor PricewaterhouseCoopers S.à r.l.
  • Important Disclosure 

    This web site is for informational/advertisement purposes only and does not constitute any legal or investment advice. This web site should not be regarded as an offer for the purchase and the sale of the fund’s shares.

    Investors should consult the prospectus and key investor information before subscribing. The prospectus, the key investor information documents and the financial reports can be obtained free of charge from this web site and upon request from the SICAV’s registered office and the offices of all local information agents. The documents, except for key investor information, are only available in English. Past performance of the sub-fund is no guarantee for future performance.

    You can lose money by investing in the Sub-Funds. Any investment in the Sub-Funds should be part of an overall investment program, not a complete program. Global Gold UCITS 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. Overall portfolio may decline in value due to developments specific to the gold industry.

    The Sub-Funds are open-ended investment companies established in Luxembourg, which are available for sale in certain jurisdictions only. The Sub-Funds are not available for sale in the U.S. or to U.S. persons. Van Eck Switzerland AG is the global distributor of the Sub-Funds.