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.
VanEck Global Resources Fund I GHAIX
NAV / 1-Day Return
39.98
/
0.92
%
Total Assets
735.5 Mil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.950%
Expense Ratio
0.950%
Fee Level
Average
Longest Manager Tenure
10.84
years
Category
Natural Resources
Investment Style
Mid BlendMin. Initial Investment
1,000,000
Status
Open
TTM Yield
0.76%
Turnover
37%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will GHAIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable GHAIX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the GHAIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of GHAIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A Name Change Doesn't Affect This VanEck Natural-Resources Fund's Ratings
