INIIXInternational Investors Gold Fund - Class I
Market Updates*
- We believe there is a compelling opportunity in the space today with gold reaching all-time highs and companies healthier than they’ve been at any time in the last 10-20 years.
- In our view, financial market risks – including extreme monetary policies, negative real rates and unsustainable debt levels – remain persistent and pervasive and may continue to support higher gold prices for the foreseeable future.
- Notable, too, is the historical performance of mid-tier and junior gold mining companies during similar periods of rising gold prices in the past, where such support levels have helped fuel outperformance of these companies relative to their larger-cap, senior/major mining peers.
Market Updates*
- We believe there is a compelling opportunity in the space today with gold reaching all-time highs and companies healthier than they’ve been at any time in the last 10-20 years.
- In our view, financial market risks – including extreme monetary policies, negative real rates and unsustainable debt levels – remain persistent and pervasive and may continue to support higher gold prices for the foreseeable future.
- Notable, too, is the historical performance of mid-tier and junior gold mining companies during similar periods of rising gold prices in the past, where such support levels have helped fuel outperformance of these companies relative to their larger-cap, senior/major mining peers.
Daily Price as of 04/16/21
NAV† | DAILY CHANGE |
---|---|
$16.13 | ![]() |
Class I Details: INIIX
INCEPTION DATE | GROSS/NET EXPENSES1 |
---|---|
1.09%/1.00% |
Fund Literature
Fund Summary and Key Points
The VanEck International Investors Gold Fund (the "Fund") seeks long-term capital appreciation by investing in common stocks of gold-mining companies. Income is a secondary consideration.
- An actively managed portfolio, with a 50 year track record, that invests in gold-mining equities; geologist Joe Foster has been part of the investment team since 1996
- Offers exposure to gold — a distinct asset class typically fueled by robust investment and jewelry demand, as well as ongoing supply constraints
- May provide a hedge against financial assets in volatile markets or inflationary periods
- Managed by a specialized investment team that conducts continuous on- and under-the-ground research to access mining efficiencies and opportunities
Gold Funds and Gold ETFs: VanEck has been offering investors gold investment for more than five decades.
Fund Details
as of 03/31/21
-
Net Assets (All Classes)$887.4M
-
Number of Holdings48
-
Avg. Wtd. Market Cap$3.3B
-
Turnover Rate (2020)36.0%
-
P/B (LTM)*2.0
-
Benchmark Index2NYSE Arca Gold Miners (GDMNTR) Index
Investment Style Box

This investment style box is based on the Fund's overall targeted capitalization range and relative valuation as determined by VanEck.
Performance History: Average Annual Total Returns* (%)
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR | LIFE (10/02/06) |
|
---|---|---|---|---|---|---|---|---|
VanEck International Investors Gold Fund: Class I | ||||||||
At Net Asset Value | 1.62 | -16.81 | -16.81 | 51.75 | 13.79 | 12.06 | -4.39 | 4.60 |
NYSE Arca Gold Miners Index2 | 3.48 | -10.04 | -10.04 | 39.10 | 14.89 | 11.11 | -4.99 | 0.41 |
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR | LIFE (10/02/06) |
|
---|---|---|---|---|---|---|---|---|
VanEck International Investors Gold Fund: Class I | ||||||||
At Net Asset Value | 1.62 | -16.81 | -16.81 | 51.75 | 13.79 | 12.06 | -4.39 | 4.60 |
NYSE Arca Gold Miners Index2 | 3.48 | -10.04 | -10.04 | 39.10 | 14.89 | 11.11 | -4.99 | 0.41 |
Top 10 Holdings (%)
Holdings | Sector | % of Net Assets |
---|---|---|
Newmont Corporation | Gold | 7.1 |
Kirkland Lake Gold Ltd. | Gold | 6.2 |
Kinross Gold Corporation | Gold | 5.9 |
B2Gold Corp. | Gold | 5.7 |
Barrick Gold Corporation | Gold | 5.1 |
Wheaton Precious Metals Corp | Gold | 4.5 |
Evolution Mining Limited | Gold | 4.4 |
Agnico Eagle Mines Limited | Gold | 4.1 |
Endeavour Mining Corporation | Gold | 4.0 |
West African Resources Ltd | Gold | 3.1 |
Top 10 Total | 50.1 |
Holdings | Sector | % of Net Assets |
---|---|---|
Newmont Corporation | Gold | 7.1 |
Kirkland Lake Gold Ltd. | Gold | 6.2 |
Kinross Gold Corporation | Gold | 5.9 |
B2Gold Corp. | Gold | 5.7 |
Barrick Gold Corporation | Gold | 5.1 |
Wheaton Precious Metals Corp | Gold | 4.5 |
Evolution Mining Limited | Gold | 4.4 |
Agnico Eagle Mines Limited | Gold | 4.1 |
Endeavour Mining Corporation | Gold | 4.0 |
West African Resources Ltd | Gold | 3.1 |
Top 10 Total | 50.1 |
These are not recommendations to buy or sell any security. Holdings may vary.
Performance Attribution
Sector Weightings (%)
as of 03/31/21
Sector | % of Net Assets |
---|---|
Gold | 85.3 |
Precious Metals & Minerals | 3.8 |
Diversified Metals & Mining | 2.0 |
Silver | 0.6 |
Other | 3.3 |
Cash | 5.0 |
Country Weightings (%) as of 03/31/21
Country | % of Net Assets |
---|---|
■
Canada
|
65.1 |
■
Australia
|
15.6 |
■
United States
|
7.7 |
■
Monaco
|
4.0 |
■
South Africa
|
2.6 |
■
Cash
|
5.0 |