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VanEck Global Resources Fund I GHAIX

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Morningstar’s Analysis

Will GHAIX outperform in future?

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A Name Change Doesn't Affect This VanEck Natural-Resources Fund's Ratings

Senior Analyst

Analyst Note

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On May 3, 2021, VanEck announced that VanEck Global Hard Assets will be renamed VanEck Global Resources, effective immediately. The name change better reflects the strategy's evolving investable universe as it moves from a conventional oil-and-gas-focused natural-resources strategy into a broader-based, next-generation natural-resources strategy that includes sustainability and environmental, social, and governance considerations. There is no change to the strategy's overall process or management team, however, so the fund's Morningstar Analyst Rating stays at Neutral.

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