• Daily Price   as of 12/13/17

    NAV DAILY CHANGE
    $29.72 $0.09 / +0.3%
  • Class A Details: NDRMX

    INCEPTION DATE GROSS/NET EXPENSES1
    05/11/16 3.60%/1.38%
  • Fund Summary and Key Points

    VanEck has partnered with Ned Davis Research (NDR), a recognized leader in objective market and economic data and analysis with a long history of researching financial market cycles and using technical signals to supplement macroeconomic and fundamental research. VanEck and NDR have developed the VanEck NDR Managed Allocation Fund, a tactical asset allocation fund that has the flexibility to freely allocate among securities and cash, helping investors with core asset allocation decisions, particularly related to timing.

    • The VanEck NDR Managed Allocation Fund (the "Fund"), a new open-end mutual fund, seeks capital appreciation by allocating primarily to exchange-traded products (ETPs) that invest in domestic and foreign equities, and U.S. debt securities and cash and cash equivalents.
    • The Fund uses NDR's model that combines over 130 macroeconomic, fundamental and technical indicators to overweight asset classes expected to outperform on a relative basis and underweight or exit those expected to underperform.
    • The portfolio managers in VanEck's Portfolio and Risk Solutions group make allocation decisions using the NDR model. This group conducts its own asset allocation and risk modeling research that is used by many of VanEck’s investment strategies and also maintains continuous interaction with NDR to review the latest research.

  • Fund Details 
    as of 11/30/17

    • Net Assets (All Classes)
      $35.5M
    • Number of Holdings
      13
    • Benchmark Index
      60% MSCI ACWI/40% BbgBarc US Agg.

  • Performance History: Average Annual Total Returns* (%)

    1 MO3 MOYTD1 YR3 YR5 YR10 YRLIFE
    (05/11/16)
    VanEck VE NDR Managed Allocation Fund: Class A
    At Net Asset Value1.264.1814.2515.89------12.59
    At Maximum 5.75% Sales Charge-4.57-1.827.699.23------8.40
    60% MSCI ACWI/40% BbgBarc US Agg.21.143.4514.4316.01------11.68
    MSCI All Country World Index21.986.1722.6125.30--------
    Barclays US Aggregate Bond Index2-0.13-0.553.073.21--------
    1 MO3 MOYTD1 YR3 YR5 YR10 YRLIFE
    (05/11/16)
    VanEck NDR Managed Allocation Fund: Class A
    At Net Asset Value0.952.7910.7011.27------11.65
    At Maximum 5.75% Sales Charge-4.86-3.134.364.86------7.00
    60% MSCI ACWI/40% BbgBarc US Agg.20.993.5211.7111.25------11.25
    MSCI All Country World Index21.975.3117.7519.29--------
    Barclays US Aggregate Bond Index2-0.480.853.140.07--------
  • Fund Allocations (%)

    Asset ClassCurrent Allocation (%)Neutral Position (%)Over/Under Weight Position
    U.S. Small Cap Growth6.03.22.8
    U.S. Small Cap Value2.73.2-0.5
    U.S. Large Cap Growth22.212.69.6
    U.S. Large Cap Value10.112.6-2.5
    Canada0.01.9-1.9
    Emerging Markets7.56.90.6
    Europe Ex United Kingdom15.59.16.4
    United Kingdom2.03.4-1.4
    Pacific Ex Japan2.72.30.4
    Japan6.14.81.3
    Fixed Income24.940.0-15.1
    Cash0.30.00.3
  • Important Disclosure 

    Unless otherwise stated, portfolio facts and statistics are shown for Class A shares; other classes may have different characteristics. 

    NAV: Unless you are eligible for a waiver, the public offering price you pay when you buy Class A shares of the Fund is the Net Asset Value (NAV) of the shares plus an initial sales charge. The initial sales charge varies depending upon the size of your purchase. No sales charge is imposed where Class A shares are issued to you pursuant to the automatic investment of income dividends or capital gains distribution. It is the responsibility of the financial intermediary to ensure that the investor obtains the proper “breakpoint” discount. Class I and Class Y do not have an initial sales charge. See the prospectus for more information.

    1Other expenses and acquired fund fees and expenses are based on estimated amounts for the current fiscal year. Van Eck Associates Corporation (the "Adviser") has agreed to waive fees and/or pay Fund expenses to the extent necessary to prevent the operating expenses of the Fund (excluding acquired fund fees and expenses, interest expense, trading expenses, dividends and interest payments on securities sold short, taxes and extraordinary expenses) from exceeding 1.15% for Class A, 0.85% for Class I, and 0.90% for Class Y of the Fund's average daily net assets per year until May 1, 2018. During such time, the expense limitation is expected to continue until the Board of Trustees acts to discontinue all or a portion of such expense limitation. 

    2The Fund's benchmark index (60% MSCI ACWI/40% BbgBarc US Agg) is a blended index consisting of 60% MSCI All Country World Index (ACWI) and 40% Bloomberg Barclays US Aggregate Bond Index. The MSCI ACWI captures large and mid cap representation across 23 Developed Markets (DM) and 23 Emerging Markets (EM) countries and covers approximately 85% of the global investable equity opportunity set. The MSCI benchmark is a Gross Return index which reinvests as much as possible of a company’s gross dividend distributions. The Bloomberg Barclays US Aggregate Bond Index is a broad-based benchmark that measures the investment grade, U.S. dollar-denominated, fixed-rate taxable bond market. This includes Treasuries, government-related and corporate securities, mortgage-backed securities, asset-backed securities and collateralized mortgage-backed securities. 

    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. 

    The views and opinions expressed are those of VanEck. Fund manager commentaries are general in nature and should not be construed as investment advice. Opinions are subject to change with market conditions. Any discussion of specific securities mentioned in the commentaries is neither an offer to sell nor a solicitation to buy these securities. Fund holdings will vary. 

    You can lose money by investing in the Fund. Any investment in the Fund should be part of an overall investment program rather than a complete program. All mutual funds are subject to market risk, including possible loss of principal. Because the Fund is a "fund-of-funds," an investor will indirectly bear the principal risks of the exchange-traded products in which it invests, including but not limited to, risks associated with smaller companies, foreign securities, emerging markets, debt securities, commodities, and derivatives. The Fund will bear its share of the fees and expenses of the exchange-traded products. Consequently, an investment in the Fund entails more direct and indirect expenses than a direct investment in an exchange-traded product. Because the Fund invests in exchange-traded products, it is subject to additional risks that do not apply to conventional mutual funds, including the risks that the market price of an exchange-traded product's shares may be higher or lower than the value of its underlying assets, there may be a lack of liquidity in the shares of the exchange-traded product, or trading may be halted by the exchange on which they trade. Principal risks of investing in foreign securities include changes in currency rates, foreign taxation and differences in auditing and other financial standards. Debt securities may be subject to credit risk and interest rate risk. Investments in debt securities typically decrease in value when interest rates rise. Because the Adviser relies heavily on third party quantitative models, the Fund is also subject to model and data risk. For a description of these and other risk considerations, please refer to the Fund’s prospectus, which should be read carefully before you invest.  

    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 them carefully before investing.