• Daily Price   as of 10/17/17

    $35.11 $-0.17 / -0.5%
  • Class I Details: GHAIX

    04/20/06 1.05%/0.95%
  • Hard Assets

    VanEck is a recognized hard assets specialist, and the hard assets team employs a fundamental, value-oriented approach within a strong risk-management culture. Hard assets investing is our core competency, and it is supported by a dedicated team of investment professionals that includes three formally trained geologists (Reynolds, Foster, and Miller).

    • Shawn Reynolds

      Shawn Reynolds, Portfolio Manager

      Focus: Natural Resources Equity
      • 30 Years of Industry Experience
      • Joined VanEck in 2005
      • Exploration Geologist
      • MA, Petroleum Geology, University of Texas, Austin, 1987
      • BS, Engineering, Cornell University, 1985
      View full bio
    • Charles T. Cameron

      Charles T. Cameron, Deputy Portfolio Manager

      Focus: Natural Resources Equity
      • 34 Years of Industry Experience
      • Joined VanEck in 1995
      • MBA, Finance, NYU Leonard N. Stern School of Business, 1993
      • BS, Finance, Boston College, 1982
      View full bio
    • Joe Foster 2010

      Joseph M. Foster, Portfolio Manager and Strategist

      Focus: Gold and Precious Metals
      • 36 Years of Industry Experience
      • Joined VanEck in 1996
      • Exploration Geologist
      • MS, Geology, Mackey School of Mines, 1988
      • MBA, University of Reno-Nevada, 1988
      • BS, Geology, Tennessee Technological University, 1982
      View full bio
    • Imaru Casanova

      Imaru Casanova, Senior Analyst

      Focus: Gold and Precious Metals
      • 19 Years of Industry Experience
      • Joined VanEck in 2011
      • MS, Mechanical Engineering, Case Western Reserve University, 1998
      • BS (Magna Cum Laude), Mechanical Engineering, Case Western Reserve University, 1997
      View full bio
    • Samuel R. Halpert

      Samuel R. Halpert, Senior Analyst

      Focus: Natural Resources Equity
      • 24 Years of Industry Experience
      • Joined VanEck in 2000
      • AB, English Literature, Harvard University, 1993
      View full bio
    • Gregory F. Krenzer, CFA

      Gregory F. Krenzer, CFA, Deputy Portfolio Manager/Senior Trader

      Focus: Commodities/Active Equity
      • 23 Years of Industry Experience
      • Joined VanEck in 1994
      • BS, Finance/Economics, Syracuse University, 1994
      View full bio
    • Charl P. de M. Malan

      Charl P. de M.  Malan, Senior Analyst

      Focus: Natural Resources Equity
      • 22 Years of Industry Experience
      • Joined VanEck in 2003
      • MBA, University of Stellenbosch (South Africa), 1999
      • Honours in Business Administration, University of Stellenbosch (South Africa), 1997
      • BA, Arts, University of Pretoria (South Africa), 1992
      View full bio
    • Mark Miller

      Mark A. Miller, Analyst

      Focus: Natural Resources Equity
      • 33 Years of Industry Experience
      • Joined VanEck in 2007
      • Petrophysicist
      • MBA, Finance, University of Denver, 1987
      • MA, International Studies, University of Denver, 1987
      • BS, Geology, Rensselaer Polytechnic Institute, 1974
      View full bio
    • Roland Morris

      Roland Morris Jr., Portfolio Manager and Strategist

      Focus: Commodities
      • 37 Years of Industry Experience
      • Joined VanEck in 2012
      • Commodity Strategist
      • BA, Economics, University of Vermont, 1980
      View full bio
    • Alan Shih

      Alan Shih, Analyst

      Focus: Natural Resources Equity
      • 10 Years of Industry Experience
      • Joined VanEck in 2013
      • MBA, Fordham University, 2013
      • BA, Rutgers University, 2004
      View full bio
    • Veronica Zhang

      Veronica Zhang, Analyst

      Focus: Natural Resources Equity
      • 6 Years of Industry Experience
      • Joined VanEck in 2013
      • BA, Columbia University, 2010
      View full bio
    • Christopher Mailloux

      Christopher Mailloux, CFA, Trader

      Focus: N/A
      • 10 Years of Industry Experience
      • Joined VanEck in 2007
      • BS, Finance, Lehigh University, 2007
      View full bio
    • Wyatt Clarke

      Wyatt Clarke, Trader

      Focus: N/A
      • 5 Years of Industry Experience
      • Joined VanEck in 2017
      • BA, International Relations and Government, Hamilton College
      View full bio
  • 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 or Class C shares are issued to you pursuant to the automatic investment of income dividends or capital gains distributions. It is the responsibility of the financial intermediary to ensure that the investor obtains the proper “breakpoint” discount. Class C, Class I and Class Y do not have an initial sales charge; however, Class C does charge a contingent deferred redemption charge. See the prospectus for more information.

    1Van 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 1.38% for Class A, 2.20% for Class C, 0.95% for Class I, and 1.13% 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 S&P North American Natural Resources Sector (SPGINRTR) Index (the "Index") provides investors with a benchmark that represents U.S. traded securities that are classified under the GICS® energy and materials sector excluding the chemicals industry; and steel sub-industry. The MSCI ACWI Commodity Producers Index captures the global opportunity set of commodity producers in the energy, metal and agricultural sectors. 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, not a complete program. The Fund is subject to risks associated with concentrating its investments in hard assets and the hard assets sector, including, precious metals and natural resources, and can be significantly affected by events relating to these industries, including international political and economic developments, inflation, and other factors. The Fund’s portfolio securities may experience substantial price fluctuations as a result of these factors, and may move independently of the trends of industrialized companies. 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 also subject to inflation risk, short-sales risk, market risk, non-diversification risk, leverage risk, credit risk and counterparty risk. Please see the prospectus and summary prospectus for information on these and other risk considerations.

    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.