|
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, as set forth below. 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.
| ||||||||||||||||||||||||||||||||||||
|
Class A Shares Sales Charges
* Brokers or Agents who receive substantially all of the sales charge for shares they sell may be deemed to be statutory underwriters. **The Distributor may pay a Finder's Fee of 1.00% to eligible brokers and agents on qualified commissionable shares purchased at or above the $1 million breakpoint level. Such shares may be subject to a 1.00% contingent deferred sales charge if redeemed within one year from the date of purchase. For additional information, see “Contingent Deferred Sales Charge for Class A Shares” in the prospectus or contact the Distributor or your financial intermediary. | ||||||||||||||||||||||||||||||||||||
|
Reduced Sales Charge Right of Accumulation - Class A Only All shareholders are eligible for reduced sales charges under the Right of Accumulation, a quantity discount program that combines the amount of your investment with the value at current offering price of your existing Class A and Class C shares of the VanEck Funds (except the money market fund) that you already own. Please review the prospectus under the sections entitled Sales Charges and Reduced or Waived Sales Charges to determine your eligibility for various reduced sales charge programs and waivers. | ||||||||||||||||||||||||||||||||||||
|
Other Programs Include
| ||||||||||||||||||||||||||||||||||||