Notice
The Board of Trustees of VanEck Funds has approved the liquidation of VanEck Environmental Sustainability Fund. For more information, please refer to the prospectus.
Click here to get the 2024 Special Dividend and Capital Gains Notice.
Environmental Sustainability Fund - Class A
ENVAX
ENVAX
Environmental Sustainability Fund - Class A
ENVAX
ENVAX
-
NAV$16.45
as of April 17, 2024 -
YTD RETURNS-4.14%
as of April 17, 2024 -
Net Assets (All Classes)$3.70M
as of March 31, 2024 -
Gross Expense Ratio5.79%
-
Net Expense Ratio1.25%
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Inception Date07/13/2021
Fund Description
The Environmental Sustainability Fund seeks long-term capital appreciation by investing primarily in equity securities of companies operating in environmental sustainability markets such as renewable energy (solar, wind, geothermal, hydroelectric), smart resource management (energy efficiency, manufacturing), agriculture technology, recycling, water and advanced materials (electrification of transport, battery technologies).
Overview
Fund Highlights
- Addresses critical land and water factors, as well as greenhouse gas emissions, through global exposure to a broad range of companies purposely focused on these issues in alignment objectives as prescribed by the United Nations’ Sustainable Development Goals (SDG).
- Attempts to identify companies confronting key sustainability imperatives while also exhibiting sustainable business models over the long-run
- Combines objective evaluation of Climate, Land, Air and Water (CLAW) impact with fundamental company analysis to identify differentiated environmental advantages