Commodities can enhance portfolio diversification and provide access to global growth. Historically, commodities have also acted as a hedge against inflation, outperforming U.S. stocks and bonds. Even in periods of modest inflation (2-6%) commodities have historically outperformed U.S. stocks. These funds offer "pure" commodity exposure by investing in commodity-linked derivative instruments and more conservative fixed income securities, such as short-term U.S. treasuries.

COMIX

CM Commodity Index Fund - Class I

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Vaneck ETFs
Mutual Funds

CM Commodity Index Fund - Class I

COMIX

Class A Class Y

NAV

The "Net Asset Value" (NAV) of a Fund is determined at the close of each business day, and represents the dollar value of one share of the fund; it is calculated by taking the total assets of the fund, subtracting total liabilities, and dividing by the total number of shares outstanding.

$67.73

as of December 26, 2024
YTD RETURNS

4.09%

as of December 26, 2024
Net Assets (All Classes)

$538.80M

as of November 30, 2024
Gross Expense Ratio

Van Eck Absolute Return Advisers 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 0.95% for Class A, 0.65% for Class I, and 0.7% for Class Y of the Fund's average daily net assets per year until May 01, 2025. 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.

0.89%
Net Expense Ratio

Van Eck Absolute Return Advisers 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 0.95% for Class A, 0.65% for Class I, and 0.7% for Class Y of the Fund's average daily net assets per year until May 01, 2025. 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.

0.65%
Inception Date

12/31/2010

Fund Description

The CM Commodity Index Fund seeks to track, before fees and expenses, the performance of the UBS Constant Maturity Commodity Total Return Index, a diversified commodity index that allocates across maturities with the aim of minimizing exposure to the front end of the futures curves and mitigating the impact of negative roll yield in contango environments.

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How can you purchase shares of VanEck Mutual Funds?

You may purchase shares indirectly through a broker/agent or directly through the Funds’ transfer agent, SS&C Global Investor and Distribution Solutions (SS&C GIDS). The prospectus includes more detailed information regarding how to buy, sell, exchange or transfer shares, including how to reduce sales charges and how to choose a class of shares, plus various services for your convenience. Please read the appropriate prospectus carefully before investing.

How can you use a VanEck Mutual Fund as part of your investment program?

VanEck mutual funds should be used as part of an overall investment program. Typically, our funds are designed as diversification vehicles. They are designed for investors seeking innovative choices for portfolio diversification and are often categorized in asset classes having returns with low correlations to those of more traditional U.S. equity and fixed income investments. For more information about investing in Van Eck mutual funds or in specialized asset classes, please speak with your investment advisor.

How can you find price information about VanEck Mutual Fund shares?

Prices are reported daily on this website, and show the most recent business day's closing NAV (Net Asset Value) for all VanEck mutual funds. The Funds’ NAVs are also available by calling our automated service number at 800.826.5444 and are generally available after 6:00 pm ET. In addition, the Funds’ NAVs are available for the preceding business day on many data providers, such as Bloomberg.

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VanEck Mutual Funds Account Application Traditional/Roth/SEP IRA Application and Information Kit View All Optional Account Forms

Important Disclosure

Investing involves risk, including possible loss of principal. 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.

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Overview

Fund Highlights

Seeks improved roll returns with constant exposure across futures maturities
Diversified across 29 commodities and five sectors
No K-1s – investor-friendly tax reporting

Recommended Insights
Understanding the Components of Commodity Futures Returns

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Performance

Portfolio

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Fees

Literature

COMIX

CM Commodity Index Fund - Class I COMIX Class A Class Y Class I

CM Commodity Index Fund - Class I COMIX Class A Class Y Class I

Fund Description

Resources

Overview

Fund Highlights

Performance

Portfolio

Distributions

Team

Fees

Literature

CM Commodity Index Fund - Class I

COMIX

Class A Class Y

CM Commodity Index Fund - Class I

COMIX

Class A Class Y