The investment seeks long-term capital appreciation; income is a secondary consideration. The fund normally invests at least 80% of its net assets in securities of "hard asset" companies and instruments that derive their value from "hard assets". Hard assets include precious metals (including gold), base and industrial metals, energy, natural resources and other commodities. It concentrates its investments in the securities of hard assets companies and instruments that derive their value from hard assets. The fund may invest up to 20% of its net assets in securities issued by other investment companies, including exchange-traded funds. It is non-diversified.
Fund filings (PDF) »
Shawn Reynolds (Started: Sep 30, 2010)
Charles Cameron (Started: Sep 30, 2010)
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Van Eck Associates Corporation, 99 Park Ave, 8th FL