NEW YORK--(BUSINESS WIRE)--VanEck International Investors Gold Fund, Class I (ticker: INIIX) was awarded a 2018 Thomson Reuters Lipper Fund Award for Best Fund over the 10-year period ending December 31, 2017 in the Precious Metals Equity Funds category.1
This award is particularly notable as VanEck recognizes the 50th year of its actively-managed gold strategy. While the inception date of the mutual fund is 1956, it originally launched with a focus on international equities. Foreseeing inflationary pressures, the firm’s founder John van Eck changed the fund’s investment objective to gold and gold stocks in 1968, making 2018 its golden anniversary.
“We’re particularly proud to be receiving this recognition as our gold fund is also celebrating a special anniversary in 2018,” said Jan van Eck, Chief Executive Officer of VanEck. “It’s not only the oldest mutual fund focused on gold equities, but it has consistently been among the top performers over its long history, a fact that speaks volumes about the skill and expertise of the portfolio management team.”
This marks the fifth consecutive year, and the sixth time in seven years, that VanEck International Investors Gold Fund has received a Lipper Award for Best Fund in its category. The Lipper Fund Awards recognize the top fund in each category for the previous 3-, 5-, and 10-year periods based on risk-adjusted, consistent returns compared to their peers.
“It’s very exciting for the fund to be receiving this award at the same time we’re celebrating such a momentous milestone,” said Portfolio Manager Joe Foster. “We have long held the view that gold investing is an important component of a well-diversified investment portfolio. As we’ve seen since the start of the year, volatility can return at any time, making exposure to gold and its related equities a key source for non-correlated returns and a hedge against financial market risk.”
VanEck’s mission is to offer investors forward-looking, intelligently designed investment strategies that take advantage of targeted market opportunities. Founded in 1955, the firm is a pioneer in global investing with a history of placing clients’ interests first in all market environments. Today, VanEck continues this tradition by offering innovative active and passive investment portfolios in hard assets, emerging markets equity and debt, precious metals, fixed income, and other alternative asset classes. VanEck Vectors® exchange-traded products are one of the largest ETP families in the world, comprising more than 70 funds that span a range of sectors, asset classes, and geographies. As of January 31, 2018, VanEck managed approximately $46.7 billion in assets, including mutual funds, ETFs, and institutional accounts. Visit vaneck.com.
1VanEck International Investors Gold Fund: Class I Shares Best Fund out of 18 eligible investment companies for the 10-year period ending 12/31/2017 based on consistent annualized total returns.
The Thomson Reuters Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Lipper Fund Award. The awards are based on the specified share class. Other share classes may have different performance characteristics and fees. The Lipper Fund Awards takes place in 23 regions in Asia, Europe, Middle East and North Africa (MENA), and the Americas. For more information, see www.lipperfundawards.com. Although Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Lipper.
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 the risks associated with concentrating its assets in the gold industry, which can be significantly affected by international economic, monetary and political developments. The Fund’s overall portfolio may decline in value due to developments specific to the gold industry. 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, or political, economic or social instability. The Fund is subject to risks associated with investments in debt securities, derivatives, commodity-linked instruments, illiquid securities, asset-backed securities, and small- or mid-cap companies. 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 more information on these and other risk considerations.
Diversification does not assure a profit or protect against loss.
Investing involves risk, including possible loss of principal. Please call 800.826.2333 or visit vaneck.com for a free prospectus and summary prospectus. 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 the prospectus and summary prospectus carefully before investing.
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