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INIYX
International Investors Gold Fund - Class Y

Market Updates*

  • Vaccine news and the stimulus bill has created an outlook for strong economic growth, which dampens our near-term outlook for gold.
  • We expect catalysts to emerge in the second half of 2021, which may include excessive inflationary expectations, continued Central Bank asset purchases and rising commodity prices. Our long-term bull market view for gold remains intact.
  • Gold companies remain a compelling value buy, in our view. Balance sheets continue to get stronger and miners are remaining disciplined in their capital investment.

Learn More | Gold Heats Up on Warming Inflation

Market Updates*

  • Vaccine news and the stimulus bill has created an outlook for strong economic growth, which dampens our near-term outlook for gold.
  • We expect catalysts to emerge in the second half of 2021, which may include excessive inflationary expectations, continued Central Bank asset purchases and rising commodity prices. Our long-term bull market view for gold remains intact.
  • Gold companies remain a compelling value buy, in our view. Balance sheets continue to get stronger and miners are remaining disciplined in their capital investment.

Learn More | Gold Heats Up on Warming Inflation

Daily Price as of 09/20/21

NAV DAILY CHANGE
$10.45 $-0.13 / -1.23%

Class Y Details: INIYX

INCEPTION DATE GROSS/NET EXPENSES1
1.05%/1.05%
Why Invest?

Gold/Precious Metals

VanEck has long been considered a thought leader in the gold-related investments, with a track record dating back to 1968. The Gold Investment Team employs a flexible, bottom-up approach to identify mining companies with attractive reserves and production levels. Joseph Foster has been the team's primary portfolio manager since 1996 and is a trained geologist, and he is supported by Imaru Casanova and Charl P. de M. Malan.

  • Joseph M. Foster, Portfolio Manager and Strategist

    • Industry Experience Since 1981
    • Joined VanEck in 1996
    • Exploration Geologist
    • MS, Geology, Mackey School of Mines
    • MBA, University of Reno-Nevada
    • BS, Geology, Tennessee Technological University
    • Portfolio Manager for the active Gold and Precious Metals Strategy and Strategist for the active Natural Resources Equity Strategy
    • Oversees the Gold Investment Team including asset allocation, company research and security selection
    • Joined VanEck in 1996
    • Prior to VanEck, 14 years of dedicated experience in geology and mining; including serving as a Senior Geologist and Mine Exploration Geologist at Pinson Mining Company and Exploration Geologist at Lacana Gold Inc. (Reno, Nevada)
    • MBA, University of Nevada-Reno
    • MS, Geology, Mackey School of Mines
    • BS (magna cum laude), Geology, Tennessee Technological University
  • Imaru Casanova, Deputy Portfolio Manager

    • Industry Experience Since 1998
    • Joined VanEck in 2011
    • MS, Mechanical Engineering, Case Western Reserve University
    • BS (magna cum laude), Mechanical Engineering, Case Western Reserve University
    • Deputy Portfolio Manager for active Gold and Precious Metals Strategy and Senior Analyst for the active Natural Resources Equity Strategy
    • Joined VanEck in 2011
    • Prior to VanEck, Managing Director and Senior Equity Research Analyst at McNicoll Lewis & Vlak; established the firm's metals and mining research department
    • Previously, Equity Research Analyst at Barnard Jacobs Mellet USA and BMO Capital Markets and held positions as Production Technologist, Offshore Wellsite Supervisor and Petroleum Engineer for Shell Exploration and Production
    • MS, Mechanical Engineering, Case Western Reserve University
    • BS (magna cum laude), Mechanical Engineering, Case Western Reserve University
  • Charl P. de M. Malan, Senior Analyst

    • Industry Experience Since 1995
    • Joined VanEck in 2003
    • MBA, University of Stellenbosch (South Africa)
    • Honours in Business Administration, University of Stellenbosch (South Africa)
    • BA, Arts, University of Pretoria (South Africa)
    • Senior Analyst for the active Natural Resources Equity Strategy and active Gold and Precious Metals Strategy specializing in base and industrial metals research
    • Joined VanEck in 2003
    • Prior to VanEck, Equity Research Sales Analyst specializing in South African mining, natural resources and financial research at JPMorgan Chase
    • Previously, Equity Research Analyst and Junior Portfolio Manager at Standard Corporate and Merchant Bank, Asset Management (South Africa)
    • MBA, University of Stellenbosch (South Africa)
    • Honours in Business Administration, University of Stellenbosch (South Africa)
    • BA, Arts, University of Pretoria (South Africa)