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EMRIX
Emerging Markets Fund - Class I

Latest Market Updates*

  • The VanEck Emerging Markets Equity Strategy outperformed the MSCI EM IMI Index on the MTD, QTD and YTD basis ending June 30, 2020.
  • The global pandemic has accelerated growth in certain sectors and industries such as digital payments, e-commerce, data centers, telemedicine and video gaming.
  • This acceleration trend is positive for our active Emerging Markets Equity Strategy, as we have always been forward looking, focused on many of these structural growth areas and, as a result, we currently see that positive prospects for many of our portfolio companies actually accelerated during the quarter.
  • As COVID-19 unfolded, significant market turbulence disproportionately affected small- and mid-cap stocks in emerging markets, as has historically been the case in times of heightened risk.

Latest Market Updates*

  • The VanEck Emerging Markets Equity Strategy outperformed the MSCI EM IMI Index on the MTD, QTD and YTD basis ending June 30, 2020.
  • The global pandemic has accelerated growth in certain sectors and industries such as digital payments, e-commerce, data centers, telemedicine and video gaming.
  • This acceleration trend is positive for our active Emerging Markets Equity Strategy, as we have always been forward looking, focused on many of these structural growth areas and, as a result, we currently see that positive prospects for many of our portfolio companies actually accelerated during the quarter.
  • As COVID-19 unfolded, significant market turbulence disproportionately affected small- and mid-cap stocks in emerging markets, as has historically been the case in times of heightened risk.

Daily Price as of 09/18/20

NAV DAILY CHANGE
$19.30 $-0.07 / -0.4%

Class I Details: EMRIX

INCEPTION DATE GROSS/NET EXPENSES1
1.16%/1.00%

Fees & Charges

CLASS TICKER MAXIMUM
SALES
CHARGE
MAXIMUM
DEFERRED
SALES
CHARGE
SERVICE
FEES
12B-1
A GBFAX 5.75% 0.00%1 0.25%
C EMRCX 0.00% 1.00% 1.00%
I EMRIX 0.00% 0.00% 0.00%
Y EMRYX 0.00% 0.00% 0.00%
Z EMRZX 0.00% 0.00% 0.00%
1A contingent deferred sales charge for Class A shares of 1.00% for one year applies to redemptions of qualified commissionable shares purchased after April 30, 2012 at or above the $1 million breakpoint level.

Account Minimums

ACCOUNT TYPE MINIMUM
INITIAL
INVESTMENT
SUBSEQUENT
INVESTMENTS
Regular Accounts
Class A, C, Y Shares $1,000 $100
Class I Shares $1,000,000 $0
Class Z Shares $0 $0
Automatic Investment Plans/
Periodic Purchase Plans
$0 $0
Third Party Accounts
Including a retirement or pension
plan account, or any “wrap fee”
account or similar program
$0 $0

Current Annual Fund Operating Expenses

CLASS A CLASS C CLASS I CLASS Y CLASS Z
Management Fees 0.75% 0.75% 0.75% 0.75% 0.75%
Distribution and/or Service (12B-1) Fees 0.25% 1.00% 0.00% 0.00% 0.00%
Other Expenses 0.53% 0.57% 0.41% 0.43% 0.52%
Total Annual Fund Operating Expenses (Gross)1 1.53% 2.32% 1.16% 1.18% 1.27%
Fees/Expenses Waived or Reimbursed1 0.00% 0.00% -0.16% -0.08% -0.37%
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (Net)1 1.53% 2.32% 1.00% 1.10% 0.90%

Important Disclosure

Unless otherwise stated, portfolio facts and statistics are shown for Class A shares; other classes may have different characteristics.

* The information presented does not involve the rendering of personalized investment, financial, legal, or tax advice. Certain statements contained herein may constitute projections, forecasts and other forward looking statements, which do not reflect actual results, are valid as of the date of this communication and subject to change without notice. Information provided by third party sources are believed to be reliable and have not been independently verified for accuracy or completeness and cannot be guaranteed. The information herein represents the opinion of the author(s), but not necessarily those of VanEck.

NAV: Unless you are eligible for a waiver, the public offering price you pay when you buy Class A shares of the Fund is the Net Asset Value (NAV) of the shares plus an initial sales charge. The initial sales charge varies depending upon the size of your purchase.  No sales charge is imposed where Class A or Class C shares are issued to you pursuant to the automatic investment of income dividends or capital gains distributions. It is the responsibility of the financial intermediary to ensure that the investor obtains the proper “breakpoint” discount. Class C, Class I and Class Y do not have an initial sales charge; however, Class C does charge a contingent deferred redemption charge.  See the prospectus and summary prospectus for more information.

*Other expenses of Class Z are based on estimated amounts for the current fiscal year.

1Van Eck Associates Corporation (the “Adviser”) has agreed to waive fees and/or pay Fund expenses to the extent necessary to prevent the operating expenses of the Fund (excluding acquired fund fees and expenses, interest expense, trading expenses, dividends and interest payments on securities sold short, taxes and extraordinary expenses) from exceeding 1.60% for Class A, 2.50% for Class C, 1.00% for Class I, 1.10% for Class Y, and 0.90% for Class Z of the Fund’s average daily net assets per year until May 1, 2021. During such time, the expense limitation is expected to continue until the Board of Trustees acts to discontinue all or a portion of such expense limitation.

2The MSCI Emerging Markets Investment Market Index (MSCI EM IMI) is a free float-adjusted market capitalization index that is designed to capture large-, mid- and small-cap representation across emerging markets countries. The Morgan Stanley Capital International (MSCI) Emerging Markets Index is a free float-adjusted market capitalization index that is designed to measure equity market performance of emerging markets.

The views and opinions expressed are those of VanEck. Fund manager commentaries are general in nature and should not be construed as investment advice. Opinions are subject to change with market conditions. Any discussion of specific securities mentioned in the commentaries is neither an offer to sell nor a solicitation to buy these securities. Fund holdings will vary.

You can lose money by investing in the Fund. Any investment in the Fund should be part of an overall investment program, not a complete program. The Fund is subject to the risks associated with its investments in Chinese issuers, communication services sectors, direct investments, emerging market securities which tends to be more volatile and less liquid than securities traded in developed countries, foreign currency transactions, foreign securities, other investment companies, Stock Connect, management, market, operational, restricted securities, sectors and small- and medium-capitalization companies risks . The Fund’s investments in foreign securities involve risks related to adverse political and economic developments unique to a country or a region, currency fluctuations or controls, and the possibility of arbitrary action by foreign governments, or political, economic or social instability.

Investing involves risk, including possible loss of principal. Please call 800.826.2333 or visit vaneck.com for a free prospectus and summary prospectus. An investor should consider investment objectives, risks, charges and expenses of the investment company carefully before investing. The prospectus and summary prospectus contain this and other information. Please read the prospectus and summary prospectus carefully before investing.