VanEck VIP Global Gold Fund
Data updated: 2026-08-26
C000125662 — VanEck VIP Global Gold Fund. Commodity · $121.92M AUM · 1.45% expense ratio · 56.9% 1-yr return. Holdings, fees, performance and SEC filings.
C000125662 Fund Overview
VanEck VIP Global Gold Fund is a US mutual fund managed by VanEck VIP Trust, categorised as Commodity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: VanEck VIP Trust
- Category: Commodity
- Assets under management: $121.92M
- 1-year return: 56.9%
- SEC CIK: 0000811976
- SEC series ID: S000040475
- Share class ID: C000125662
C000125662 Investment Objective and Strategy
VanEck VIP Global Gold Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by VanEck VIP Trust.
Investment objective
The VanEck VIP Global Gold Fund seeks long-term capital appreciation by investing in common stocks of gold-mining companies. The Fund may take current income into consideration when choosing investments.
Principal investment strategy
Under normal conditions, the Fund invests at least 80% of its net assets in securities of companies principally engaged in gold-related activities, instruments that derive their value from gold, gold coins and bullion. A company principally engaged in gold-related activities is one that derives at least 50% of its revenues from gold-related activities, including the exploration, mining or processing of or dealing in gold. The Fund concentrates its investments in the gold-mining industry and therefore invests 25% or more of its total assets in such industry. The Fund is considered to be non-diversified which means that it may invest a larger portion of its assets in a single issuer. The Fund invests in securities of companies with economic ties to countries throughout the world, including the U.S.
Under ordinary circumstances, the Fund will invest in securities of issuers from a number of different countries, which may include emerging market countries. The Fund may invest in non-U.S. dollar denominated securities, which are subject to fluctuations in currency exchange rates, and securities of companies of any capitalization range. The Fund primarily invests in companies that the portfolio manager believes represent value opportunities and/or that have growth potential within their market niche, through their ability to increase production capacity at reasonable cost or make gold discoveries around the world. The portfolio manager utilizes both a macro-economic examination of gold market themes and a fundamental analysis of prospective companies in the search for value and growth opportunities.
The analysis of financially material risks and opportunities related to ESG (i.e. Environmental, Social and Governance) factors is a component of the overall investment process. ESG considerations can affect the Advisers fundamental assessment of a company or country. The Fund may invest up to 25% of its net assets, as of the date of the investment, in gold and silver coins, gold, silver, platinum and palladium bullion and exchange-traded funds (ETFs) that invest primarily in such coins and bullion and derivatives on the foregoing. The Funds investments in coins and bullion will not earn income, and the sole source of return to the Fund from these investments will be from gains or losses realized on the sale of such investments. The Fund may gain exposure to gold bullion and other metals by investing up to 25% of the Funds total assets in a wholly owned subsidiary of the Fund (the Subsidiary).
The Subsidiary primarily invests in gold bullion, gold futures and other instruments that provide direct or indirect exposure to gold, including ETFs, and also may invest in silver, platinum and palladium bullion and futures. The Subsidiary (unlike the Fund) may invest without limitation in these investments. The Fund will look-through the Subsidiary to the Subsidiarys underlying investments for determining compliance with the Funds investment policies. For tax reasons, it may be advantageous for the Fund to create and maintain its exposure to the commodity markets, in whole or in part, by investing in the Subsidiary. The portfolio of the Subsidiary is managed by the Adviser for the exclusive benefit of the Fund. The Fund may use derivative instruments, such as structured notes, futures, options, warrants, currency forwards and swap agreements, to gain or hedge exposure.
The Fund may invest up to 20% of its net assets in securities issued by other investment companies, including ETFs. The Fund may also invest in money market funds, but these investments are not subject to this limitation. The Fund may invest in ETFs to participate in, or gain exposure to, certain market sectors, or when direct investments in certain countries are not permitted or available.
C000125662 Holdings
Top 10 holdings of VanEck VIP Global Gold Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Agnico Eagle Mines Ltd | 9.40% |
| Newmont Corp | 7.15% |
| Anglogold Ashanti Plc | 5.15% |
| Wheaton Precious Metals Corp | 4.75% |
| Franco-Nevada Corp | 4.62% |
| G Mining Ventures Corp | 4.47% |
| Montage Gold Corp | 4.12% |
| Alamos Gold Inc | 3.97% |
| SPDR Gold MiniShares Trust | 3.72% |
| Kinross Gold Corp | 3.70% |
C000125662 Portfolio Allocation
Asset-class allocation of VanEck VIP Global Gold Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.9% |
| Derivatives | 0.2% |
| Cash & Equivalents | 0.1% |
C000125662 Performance
Total returns for C000125662 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -6.7% |
| 1 year | 56.9% |
| 3 years (annualised) | 43.5% |
| 5 years (annualised) | 21.3% |
C000125662 Risk Information
Risk metrics for C000125662, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 48.4%
C000125662 Costs and Fees
C000125662 costs about $145 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.45%
- Gross expense ratio: 1.47%
- Portfolio turnover: 55%
- Brokerage commissions: 6.27 bps of average net assets (SEC N-CEN)
C000125662 Cashflows
Over the 12 months to 2026-06, VanEck VIP Global Gold Fund had net outflows of $16.79M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$2.94M |
| 2026-05 | −$1.91M |
| 2026-04 | −$3.57M |
| 2026-03 | −$5.72M |
| 2026-02 | −$271.24K |
| 2026-01 | $701.02K |
C000125662 Debt Constituents
No individual debt constituents are reported in VanEck VIP Global Gold Fund's latest SEC N-PORT filing.
C000125662 Prospectus and SEC Filings
Official VanEck VIP Global Gold Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-29
- Prospectus (485BPOS) — filed 2025-04-28
- Prospectus (485BPOS) — filed 2024-04-26
- Portfolio holdings (N-PORT) — filed 2026-08-26
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Portfolio holdings (N-PORT) — filed 2026-02-27
- Annual census (N-CEN) — filed 2026-03-13
- Annual census (N-CEN) — filed 2025-03-12
Related Funds
Other Commodity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.