Van Eck Global Hard Assets
Objective And StrategyObjective
The investment seeks long-term capital appreciation by investing primarily in hard asset securities; income is a secondary consideration.
The fund invests at least 80% of its net assets in securities of hard assets 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. A hard assets company is a company that derives, directly or indirectly, at least 50% of its revenues from exploration, development, production, distribution or facilitation of processes relating to hard assets.