Wednesday, October 22, 2008

Invest in Van Eck Mutual Funds

Van Eck Global features five different mutual funds from which investors may choose. How you invest in these mutual funds is based on your ultimate goal for investment. Van Eck Global offers a wide choice of investments within the five funds, from emerging markets to gold mining companies, mid-cap companies, global 'hard assets,' as well as a 'Money Fund' based on money-market instruments, which seeks current income as a priority.

How to Invest in Van Eck Mutual Funds

Decide upon the overall point of your investment. Is it for short-term income? Is it to establish growth for a long-term payoff such as retirement? Is it somewhere in between?

Explore your options. If you have decided to use Van Eck as your investment company, speak with your broker or a VanEck financial advisor to discuss your initial choices.

Get all of the necessary background information. Once you decide on a specific mutual fund, order the prospectus online from the Van Eck website.

Read the prospectus carefully.

Make your purchase. Assuming the mutual fund still appears to be a sound choice for your needs, contact your broker or Van Eck directly to make your investment.

Tips & Warnings

  • The Van Eck website has a wealth of information for the investor. Use the site to order not only your prospectus for each fund, but also fact sheets, brochures, research reports and financial reports.
  • Know your initial thoughts on which mutual fund you're interested in before chatting with a Van Eck representative.
  • If you want to test drive some mutual funds before you buy, you may want to check out Van Eck Associates's FastTrack Momentum Model, also known as FT4Web. This downloadable program lets you choose five funds and uses a combination of the funds' histories and speculative futures to help you determine which funds are best suited to you and when you should trade them.
  • Do your own homework before you put your money anywhere.
  • Some Van Eck mutual funds, such as the gold mining industry-based mutual fund, are specific in their focus. It's a good idea to know about this industry before investing in its fund.
  • Be prepared to then remain knowledgeable about the focus of your chosen mutual fund so that you may continue to make smart decisions with or without the help of your broker.

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