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.
Will GHAYX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable GHAYX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the GHAYX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of GHAYX’s parent organization’s priorities and whether they’re in line with investors’ interests.