VanEck Global Gold UCITS (Equity Fund)

 
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Daily Price as of 29/09/22

BLOOMBERGNAVDAILY CHANGE
VAGUI1A $60.82  $+1.05  +1.8%
VAGUR1A $56.20  $+0.97  +1.8%

Details

DOMICILE FUND STRUCTURE
Ireland       ICAV
 

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 benchmark is the NYSE Arca Gold Miners 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 VanEck’s investment team since 1996. His specialized investment team conducts continuous on — and under-the-ground research to access mining efficiencies and opportunities.

Fund Details
as of 31/08/22

  • Net Assets (Master)
    $38.7M
  • Net Assets (Feeder)
    $0.6M
  • Number of Holdings
    49
  • Liquidity
    Daily
  • Countries Registered
    AT, CH, DE, DK, FI, IE, IT, LU, NL, NO, SE, UK
  • Master Fund
    LO Funds - World Gold Expertise
  • Distribution Policy
    Accumulation
  • Cut Off Time
    9:00 AM IST
  • Close of Financial Year
    31 December
  • Benchmark Index
    NYSE Arca Gold Miners (GDMNTR) Index
  • SFDR Classification
    Article 6

Performance History (%)

1 MO1 3 MO1 YTD1 1 YR 3 YR 5 YR 10 YR LIFE
Global Gold UCITS Fund
USD R1 Acc (Inception 15/11/12) -7.43 -20.87 -26.30 -26.47 -4.12 -0.37 -- -5.41
USD I1 Acc (Inception 15/11/12) -7.41 -20.83 -26.21 -26.31 -3.56 0.34 -- -4.65
NYSE Arca Gold Miners Net TR Index2 -8.78 -25.02 -25.11 -25.28 -5.95 0.61 -- -5.36
1 MO1 3 MO1 YTD1 1 YR 3 YR 5 YR 10 YR LIFE
Global Gold UCITS Fund
USD R1 Acc (Inception 15/11/12) -13.35 -28.09 -19.29 -22.28 3.49 2.91 -- -4.61
USD I1 Acc (Inception 15/11/12) -13.33 -28.05 -19.21 -22.06 4.14 3.67 -- -3.83

 

1Returns less than one year are not annualized

2The NYSE Arca Gold Miners (GDMNTR) Index (the "Index") is a Net Total Return modified market capitalization weighted index comprised of publicly traded companies primarily involved in the mining of gold and silver in locations around the world. Eligibility is based on the quantity of gold production. All Index values are denominated in USD.

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 Bloomberg Reuters WKN SEDOL SIX TELEKURS
USD R1 Acc IE00BYXQSC06 G7417D 171 VAGUR1A 68190272 A2DLGQ BYXQSC0 36845230
USD I1 Acc IE00BYXQSB98 G7417D 163 VAGUI1A 68190273 A2DLGP BYXQSB9 36845249

Management Company and Agents

Investment Manager (by delegation of the Management Company) Van Eck Associates Corporation
Management Company VanEck Asset Management B.V.
Central Administration (by delegation of the Management Company), Custodian and Depositary State Street Ireland
Global Distributor VanEck (Europe) GmbH
Auditor KPMG Ireland

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An investment in the promoted investment funds may only be made based on the investment fund’s official sales prospectus, the relevant supplement and KIID and will be subject to the terms and conditions contained therein.

You can lose money by investing in the Funds. The value of the investments may go up or down and the investor may not get back the amount invested. Past performance is not a guide to future performance and should not be the sole factor of consideration when selecting a product. Any investment in a fund should be part of an overall investment program, not a complete program. An investor should consider investment objectives, risks, charges, and expenses of the investment carefully before investing.

Investment fund investing involves risk, including possible loss of principal. Investors should consult the prospectus and key investor information document ("KIID") before subscribing to any fund. The prospectus, the key investor information documents and the financial reports can be obtained free of charge from this website and upon request from the funds’ registered office and the offices of all local information agents. The documents, except for KIIDs, are only available in English and certain other languages as applicable.

Performance data for the Irish domiciled funds is displayed on a Net Asset Value basis, in Base Currency terms, with net income reinvested, net of fees. Brokerage or transaction fees will apply. Performance data for the Dutch domiciled ETFs include income distributions gross of Dutch withholding tax, net of fees and assume that the Dutch dividend withholding tax levied from the dividend payment of the ETF will be deducted or reclaimed with the Dutch tax authority and is reinvested. Different investor types and investors from other jurisdictions may not be able to achieve the same level of performance due to their tax status and local tax rules. Brokerage or transaction fees will apply. The Dutch domiciled ETFs use a gross reinvestment index. Please note that the performance includes income distributions gross of Dutch withholding tax because Dutch investors deduct or reclaim the 15% Dutch withholding tax levied. Different investor types and investors from other jurisdictions may not be able to achieve the same level of performance due to their tax status and local tax rules. For more information please be referred to the respective fund’s performance section on this website.

The sales prospectus and KIID contain this and other information. Please read the sales prospectus and KIID carefully before investing.

Not Insured — No Bank Guarantee — May Lose Value

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