INIIXInternational Investors Gold Fund - Class I
Market Updates*
- We believe there is a compelling opportunity in the space today with gold reaching all-time highs and companies healthier than they’ve been at any time in the last 10-20 years.
- In our view, financial market risks – including extreme monetary policies, negative real rates and unsustainable debt levels – remain persistent and pervasive and may continue to support higher gold prices for the foreseeable future.
- Notable, too, is the historical performance of mid-tier and junior gold mining companies during similar periods of rising gold prices in the past, where such support levels have helped fuel outperformance of these companies relative to their larger-cap, senior/major mining peers.
Market Updates*
- We believe there is a compelling opportunity in the space today with gold reaching all-time highs and companies healthier than they’ve been at any time in the last 10-20 years.
- In our view, financial market risks – including extreme monetary policies, negative real rates and unsustainable debt levels – remain persistent and pervasive and may continue to support higher gold prices for the foreseeable future.
- Notable, too, is the historical performance of mid-tier and junior gold mining companies during similar periods of rising gold prices in the past, where such support levels have helped fuel outperformance of these companies relative to their larger-cap, senior/major mining peers.
Daily Price as of 03/05/21
| NAV† | DAILY CHANGE |
|---|---|
| $14.17 |  $0.05 / +0.4% |
Class I Details: INIIX
| INCEPTION DATE | GROSS/NET EXPENSES1 |
|---|---|
| 1.09%/1.00% |
Fund Literature
Fees & Charges
| CLASS | TICKER | MAXIMUM SALES CHARGE |
MAXIMUM DEFERRED SALES CHARGE |
SERVICE FEES 12B-1 |
|---|---|---|---|---|
| A | INIVX | 5.75% | 0.00%1 | 0.25% |
| C | IIGCX | 0.00% | 1.00% | 1.00% |
| I | INIIX | 0.00% | 0.00% | 0.00% |
| Y | INIYX | 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 |
|
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 | |
|---|---|---|---|---|
| Management Fees | 0.73% | 0.73% | 0.73% | 0.73% |
| Distribution and/or Service (12B-1) Fees | 0.25% | 1.00% | 0.00% | 0.00% |
| Other Expenses | 0.51% | 0.58% | 0.36% | 0.44% |
| Total Annual Fund Operating Expenses (Gross)1 | 1.49% | 2.31% | 1.09% | 1.17% |
| Fees/Expenses Waived or Reimbursed1 | -0.04% | -0.11% | -0.09% | -0.07% |
| Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (Net)1 | 1.45% | 2.20% | 1.00% | 1.10% |