- » Home
- » VanEck Funds
- » VIP Insurance Funds
- » Van Eck Global
- » VanEck VIP Global Gold Fund
The VanEck VIP Global Gold Fund is an actively managed portfolio that invests in gold-mining equities. Imaru Casanova has been a part of the VanEck gold investment team since 2011. The Fund offers exposure to gold — a distinct asset class typically fueled by robust investment and jewelry demand, as well as ongoing supply constraints. The Fund is managed by a specialized investment team that conducts continuous on- and under-the-ground research to access mining efficiencies and opportunities.
Fund Details
|
12/31/2024
|
|||
| Net Assets | $58.0M | P/E (LTM) /P/E (Forward)* | 25.9/16.4 |
| Number of Holdings | 44 | P/B (LTM)* | 2.1 |
| Turnover Rate (2024) | 41.2% | Average Weighted Market Cap | $5.0B |
Fund Summary
|
The Fund seeks long-term capital appreciation by investing in common stocks of gold-mining companies. Income is a secondary consideration. The Fund's benchmarks are the NYSE Arca Gold Miners Index (GDM) and the S&P 500 Index. |
Country Weightings
|
12/31/2024
|
|
| Canada | 57.7 |
| Australia | 15.0 |
| United States | 8.7 |
| South Africa | 6.5 |
| Gold Bullion | 4.7 |
| Brazil | 4.2 |
| Côte D'Ivoire | 1.7 |
| Turkey | 1.5 |
| Cash | -0.0 |
Sector Weightings (%)
|
12/31/2024
|
|
| Gold | 85.1 |
| Silver | 7.1 |
| Gold Bullion | 4.7 |
| Copper | 1.4 |
| Precious Metals & Minerals | 0.7 |
| Diversified Metals & Mining | 0.3 |
| Other | 0.9 |
| Cash | -0.0 |
Top 10 Holdings (%)
|
12/31/2024
|
|
| Alamos Gold Inc. | 7.2 |
| Agnico Eagle Mines Limited | 6.8 |
| Kinross Gold Corporation | 5.7 |
| G Mining Ventures Corp | 5.2 |
| Osisko Gold Royalties Ltd | 4.7 |
| Pan American Silver Corp. | 4.7 |
| Gold Bullion | 4.7 |
| Wheaton Precious Metals Corp | 4.2 |
| Newmont Corporation | 4.1 |
| Lundin Gold Inc. | 3.7 |
View All Holdings
These are not recommendations to buy or sell any security. Holdings may vary.
Production Level Breakdown (%)
|
12/31/2024
|
|
| Senior/Majors (1.5M - 6.0M oz.) | 36.3 |
| Mid-Tiers (0.3M - 1.5M oz.) | 30.9 |
| Juniors (<0.3M oz.) | 28.1 |
| Gold Bullion | 4.7 |
| Average Weighted Market Cap | $5.0B |
Portfolio production level classifications are determined by VanEck’s Gold and Precious Metals Investment Team.