Raising the Bar on Gold Investing
30 September 2023
Read Time 3 MIN
The over 50 year longevity of providing investors access to gold reflects the expertise and commitment that VanEck maintains to one of the most vital metals in the world, which continues today across both actively and passively managed solutions. VanEck has been at the forefront of gold investing since the firm’s inception and launched the nation’s first gold stock fund, VanEck International Investors Gold Fund (INIVX), in 1968, and also issued the first gold miners ETF, VanEck Gold Miners ETF (GDX), in 2006.
As a truly unique asset, gold enhances portfolio diversification, acts as store of value, and hedges against systemic risk. In addition, gold has outperformed traditional asset classes over the last 20 years.
Gold Outperformance Over 20 Years: 2000-2023
Source: FactSet, VanEck. Data as of September 2023. U.S. Stocks represented by S&P® 500 Index; U.S.Bonds represented by Bloomberg Barclays U.S. Aggregate Bond Index; Gold ($/oz) represented by LBMA PM Gold Price; U.S. Treasuries represented by the Bloomberg Barclays U.S. 1-3 Year Treasury Bond Index.
While these portfolio benefits have remained consistent, the rationale for including an allocation to gold and gold stocks today has gained significant relevance.
Related Insights
IMPORTANT DEFINITIONS & DISCLOSURES
This material may only be used outside of the United States.
This is not an offer to buy or sell, or a recommendation of any offer to buy or sell any of the securities mentioned herein. Fund holdings will vary. For a complete list of holdings in VanEck Mutual Funds and VanEck ETFs, please visit our website at www.vaneck.com.
The information presented does not involve the rendering of personalized investment, financial, legal, or tax advice. Certain statements contained herein may constitute projections, forecasts and other forward looking statements, which do not reflect actual results. Information provided by third-party sources are believed to be reliable and have not been independently verified for accuracy or completeness and cannot be guaranteed. Any opinions, projections, forecasts, and forward-looking statements presented herein are valid as of the date of this communication and are subject to change without notice. The information herein represents the opinion of the author(s), but not necessarily those of VanEck.
The views contained herein are not to be taken as advice or a recommendation to buy or sell any investment in any jurisdiction, nor is it a commitment from Van Eck Associates Corporation or its subsidiaries to participate in any transactions in any companies mentioned herein. This content is published in the United States. Investors are subject to securities and tax regulations within their applicable jurisdictions that are not addressed herein.
All investing is subject to risk, including the possible loss of the money you invest. As with any investment strategy, there is no guarantee that investment objectives will be met and investors may lose money. Diversification does not ensure a profit or protect against a loss in a declining market. Past performance is no guarantee of future results.