www.vaneck.com
Open in
urlscan Pro
108.157.109.121
Public Scan
Submitted URL: https://fun.riadatabase.com/MDAxLVFZVy01NTgAAAGIkXo-6aP4ShbWe-NiODvBUdd_1EMf2j9svbIUAgB1HloMLw7rYZl-OEn56CJJoqiJQlxAPOs=
Effective URL: https://www.vaneck.com/us/en/blogs/guided-allocation/avoid-the-inflation-penalty-box/?mkt_tok=MDAxLVFZVy01NTgAAAGIkXo-6...
Submission: On December 08 via manual from US — Scanned from DE
Effective URL: https://www.vaneck.com/us/en/blogs/guided-allocation/avoid-the-inflation-penalty-box/?mkt_tok=MDAxLVFZVy01NTgAAAGIkXo-6...
Submission: On December 08 via manual from US — Scanned from DE
Form analysis 2 forms found in the DOM
POST
<form method="post" novalidate="novalidate" data-f-metadata="" enctype="multipart/form-data" class="js-aspnet-form custom-select-form ValidationSuccess" data-f-type="form" id="ea8b9c8e-9754-4fc9-ba23-524757f51005">
<script type="text/javascript" src="/EPiServer.Forms/DataSubmit/GetFormInitScript?formGuid=ea8b9c8e-9754-4fc9-ba23-524757f51005&formLanguage=en" defer=""></script>
<input type="hidden" class="Form__Element Form__SystemElement FormHidden FormHideInSummarized" name="__FormGuid" value="ea8b9c8e-9754-4fc9-ba23-524757f51005" data-f-type="hidden">
<input type="hidden" class="Form__Element Form__SystemElement FormHidden FormHideInSummarized" name="__FormHostedPage" value="145205" data-f-type="hidden">
<input type="hidden" class="Form__Element Form__SystemElement FormHidden FormHideInSummarized" name="__FormLanguage" value="en" data-f-type="hidden">
<input type="hidden" class="Form__Element Form__SystemElement FormHidden FormHideInSummarized" name="__FormCurrentStepIndex" value="0" data-f-type="hidden">
<input type="hidden" class="Form__Element Form__SystemElement FormHidden FormHideInSummarized" name="__FormSubmissionId" value="" data-f-type="hidden">
<input name="__RequestVerificationToken" type="hidden" value="DUsS8pB1ToFyEVLXfnZgN-QzflT1B1a4Vf7xzlYlGEbey2xfQ7JlRxYwdrr0pBteuOZe9oRhXFEubiCISTt_CINkyi2xUHK_rxKyBA3JxFQ1">
<input type="hidden" class="InvestorTypeSelect" value="Individual Investor">
<div class="Form__Status">
<div class="Form__Status__Message hide" data-f-form-statusmessage="">
</div>
</div>
<div data-f-mainbody="" class="Form__MainBody js-form">
<section id="__field_" data-f-type="step" data-f-element-name="__field_" class=" Form__Element FormStep Form__Element--NonData " data-f-stepindex="0" data-f-element-nondata="">
<div class="Grouping " id="__field_147134">
<div class="grouping__body">
<div class="row grouped-wrapper">
<div class="Form__Element FormTextbox w-100 form-group fieldset col-lg-6 ValidationRequired" data-f-element-name="__field_147132" data-f-type="textbox"> <label for="be409e57-405d-4af5-8969-0e43679a8feb" class="sr-only">Your First
Name</label>
<input name="__field_147132" id="be409e57-405d-4af5-8969-0e43679a8feb" type="text" class="FormTextbox__Input form-control w-100 YourFirstName" placeholder="Your First Name*" required="" aria-required="true" data-f-datainput="">
<div class="invalid-feedback">
<span class="Form__Element__ValidationError" data-f-linked-name="__field_147132" data-f-validationerror="" id="__field_147132_desc" style="display:none"></span>
</div>
</div>
<div class="Form__Element FormTextbox w-100 form-group fieldset col-lg-6 ValidationRequired" data-f-element-name="__field_147151" data-f-type="textbox"> <label for="3c2c2a6f-33cb-4d6f-b72c-fd6afe0174f5" class="sr-only">Your Last
Name</label>
<input name="__field_147151" id="3c2c2a6f-33cb-4d6f-b72c-fd6afe0174f5" type="text" class="FormTextbox__Input form-control w-100 YourLastName" placeholder="Your Last Name*" required="" aria-required="true" data-f-datainput="">
<div class="invalid-feedback">
<span class="Form__Element__ValidationError" data-f-linked-name="__field_147151" data-f-validationerror="" id="__field_147151_desc" style="display:none"></span>
</div>
</div>
<div class="Form__Element FormTextbox w-100 form-group fieldset col-lg-6 ValidationRequired" data-f-element-name="__field_147133" data-f-type="textbox"> <label for="f88086c6-a4ee-449f-9aac-29a98dad6bd8" class="sr-only">Your Email
Address</label>
<input name="__field_147133" id="f88086c6-a4ee-449f-9aac-29a98dad6bd8" type="text" class="FormTextbox__Input form-control w-100 YourEmailAddress" placeholder="Your Email Address*" required="" aria-required="true" data-f-datainput="">
<div class="invalid-feedback">
<span class="Form__Element__ValidationError" data-f-linked-name="__field_147133" data-f-validationerror="" id="__field_147133_desc" style="display:none"></span>
</div>
</div>
</div>
</div>
</div>
<div class="Grouping " id="__field_147139">
<div class="grouping__body">
<div class="row grouped-wrapper">
<div class="Form__Element FormTextbox w-100 form-group fieldset col-lg-6 ValidationRequired" data-f-element-name="__field_147136" data-f-type="textbox"> <label for="b8720d6b-9ffb-4104-bdce-7a6f01b64a16" class="sr-only">Friend's First
Name</label>
<input name="__field_147136" id="b8720d6b-9ffb-4104-bdce-7a6f01b64a16" type="text" class="FormTextbox__Input form-control w-100 FriendsFirstName" placeholder="Friend's First Name*" required="" aria-required="true" data-f-datainput="">
<div class="invalid-feedback">
<span class="Form__Element__ValidationError" data-f-linked-name="__field_147136" data-f-validationerror="" id="__field_147136_desc" style="display:none"></span>
</div>
</div>
<div class="Form__Element FormTextbox w-100 form-group fieldset col-lg-6 ValidationRequired" data-f-element-name="__field_147137" data-f-type="textbox"> <label for="c67e3dc2-7ffd-4344-ba45-3d6d299dad32" class="sr-only">Friend's Last
Name</label>
<input name="__field_147137" id="c67e3dc2-7ffd-4344-ba45-3d6d299dad32" type="text" class="FormTextbox__Input form-control w-100 FriendsLastName" placeholder="Friend's Last Name*" required="" aria-required="true" data-f-datainput="">
<div class="invalid-feedback">
<span class="Form__Element__ValidationError" data-f-linked-name="__field_147137" data-f-validationerror="" id="__field_147137_desc" style="display:none"></span>
</div>
</div>
<div class="Form__Element FormTextbox w-100 form-group fieldset col-lg-6 ValidationRequired" data-f-element-name="__field_147138" data-f-type="textbox"> <label for="cb1c0980-e7f7-48b9-9889-908c4f17bdc3" class="sr-only">Friend's Email
Address</label>
<input name="__field_147138" id="cb1c0980-e7f7-48b9-9889-908c4f17bdc3" type="text" class="FormTextbox__Input form-control w-100 FriendsEmailAddress" placeholder="Friend's Email Address*" required="" aria-required="true"
data-f-datainput="">
<div class="invalid-feedback">
<span class="Form__Element__ValidationError" data-f-linked-name="__field_147138" data-f-validationerror="" id="__field_147138_desc" style="display:none"></span>
</div>
</div>
</div>
</div>
</div>
<div class="Grouping " id="__field_147148">
<div class="grouping__body">
<div class="row grouped-wrapper">
<button class="btn btn-tertiary btn-block Form__Element FormExcludeDataRebind FormSubmitButton btn-submit _gaEvent SubscribeNow" type="submit" id="16d4e0d2-4992-429d-af61-86d2822d7c43" value="16d4e0d2-4992-429d-af61-86d2822d7c43"
data-f-is-finalized="false" data-f-is-progressive-submit="true" data-f-type="submitbutton"> Share </button>
<div class="Form__Element FormParagraphText Form__Element--NonData" data-f-element-name="__field_147143" data-f-element-nondata="">
<div id="11b4287e-898d-4783-ac12-3ab347402763">
<p class="text-util-sm col">BY SUBMITTING YOUR EMAIL YOU ACKNOWLEDGE THAT YOU HAVE READ THE ONLINE <a href="/us/en/privacy-policy/" data-ve-gtm="privacy-policy">PRIVACY POLICY</a></p>
</div>
<script type="text/javascript">
if (typeof $$epiforms !== 'undefined') {
$$epiforms(document).ready(function() {
$$epiforms('.EPiServerForms, [data-f-type="form"]').on("formsNavigationNextStep formsSetupCompleted", function(event) {
(function($) {
var text = "<p class=\"text-util-sm col\">BY SUBMITTING YOUR EMAIL YOU ACKNOWLEDGE THAT YOU HAVE READ THE ONLINE <a href=\"/us/en/privacy-policy/\" data-ve-gtm=\"privacy-policy\">PRIVACY POLICY</a></p>",
workingFormInfo = event.workingFormInfo,
searchPattern = null,
$workingForm = workingFormInfo.$workingForm,
$currentElement = $("#11b4287e-898d-4783-ac12-3ab347402763", $workingForm);
// if cannot find the element in form, do nothing
if (!$currentElement || $currentElement.length == 0) {
return;
}
var data = epi.EPiServer.Forms.Data.loadFormDataFromStorage(workingFormInfo.Id);
// In case the element is not under the form folder, Model.HasPlaceHolder() will return false because of cannot find the owner form.
// So when Model.FindOwnerForm() is null, we allow to replace the placeholder in JS mode.
$currentElement.html(text);
})($$epiforms);
});
});
}
</script>
</div>
<input name="__field_147144" id="e024a3ca-5835-4e8b-acbb-ece218c555be" type="hidden" class="Form__Element FormHidden FormHideInSummarized" data-f-type="hidden">
<input name="__field_147146" id="eb10d5d6-755b-498c-84c4-c627e65b4206" type="hidden" value="" class="Form__Element FormHidden FormHideInSummarized" data-f-type="hidden">
</div>
</div>
</div>
</section>
</div>
</form>POST
<form method="post" novalidate="novalidate" data-f-metadata="" enctype="multipart/form-data" class="js-aspnet-form pt-3 spinner-form custom-select-form ValidationSuccess" data-f-type="form" id="fe370540-a0c2-46d9-bc0b-9d581561f49f">
<script type="text/javascript" src="/EPiServer.Forms/DataSubmit/GetFormInitScript?formGuid=fe370540-a0c2-46d9-bc0b-9d581561f49f&formLanguage=en" defer=""></script>
<input type="hidden" class="Form__Element Form__SystemElement FormHidden FormHideInSummarized" name="__FormGuid" value="fe370540-a0c2-46d9-bc0b-9d581561f49f" data-f-type="hidden">
<input type="hidden" class="Form__Element Form__SystemElement FormHidden FormHideInSummarized" name="__FormHostedPage" value="145205" data-f-type="hidden">
<input type="hidden" class="Form__Element Form__SystemElement FormHidden FormHideInSummarized" name="__FormLanguage" value="en" data-f-type="hidden">
<input type="hidden" class="Form__Element Form__SystemElement FormHidden FormHideInSummarized" name="__FormCurrentStepIndex" value="0" data-f-type="hidden">
<input type="hidden" class="Form__Element Form__SystemElement FormHidden FormHideInSummarized" name="__FormSubmissionId" value="" data-f-type="hidden">
<input name="__RequestVerificationToken" type="hidden" value="XrBs27N1_6XTI06zUrLuvXyogPjj1jPQWd-_DovDUSM0gSD3L1tL7rPdv7qD0H4i2rdTDnok3MwGBx7xxFvBgvqAc3bEEuuDQaiNBbwg8s01">
<div class="Form__Status">
<div class="Form__Status__Message hide" data-f-form-statusmessage="">
</div>
</div>
<div data-f-mainbody="" class="Form__MainBody js-form js-subscription-form-container" id="landing-page-form-container">
<section id="__field_" data-f-type="step" data-f-element-name="__field_" class=" Form__Element FormStep Form__Element--NonData " data-f-stepindex="0" data-f-element-nondata="">
<div class="Form__Element FormTextbox w-100 form-group fieldset ValidationRequired" data-f-element-name="__field_7314" data-f-type="textbox"> <label for="985d6a7a-343d-443d-9bae-91791a31acc1" class="">Email Address*</label>
<input name="__field_7314" id="985d6a7a-343d-443d-9bae-91791a31acc1" type="text" class="FormTextbox__Input form-control w-100 Email" placeholder="Email Address" required="" aria-required="true" data-f-datainput="">
<span class="Form__Element__ValidationError" data-f-linked-name="__field_7314" data-f-validationerror="" id="__field_7314_desc" style="display:none"></span>
</div>
<div class="Form__Element FormTextbox w-100 form-group fieldset ValidationRequired" data-f-element-name="__field_7315" data-f-type="textbox"> <label for="2ee041e4-a1d8-46b0-a9e4-b6b19b43cd49" class="">First Name*</label>
<input name="__field_7315" id="2ee041e4-a1d8-46b0-a9e4-b6b19b43cd49" type="text" class="FormTextbox__Input form-control w-100 FirstName" required="" aria-required="true" data-f-datainput="">
<span class="Form__Element__ValidationError" data-f-linked-name="__field_7315" data-f-validationerror="" id="__field_7315_desc" style="display:none"></span>
</div>
<div class="Form__Element FormTextbox w-100 form-group fieldset ValidationRequired" data-f-element-name="__field_7316" data-f-type="textbox"> <label for="a123de9c-1e5c-4d0c-84e6-9e8d051871af" class="">Last Name*</label>
<input name="__field_7316" id="a123de9c-1e5c-4d0c-84e6-9e8d051871af" type="text" class="FormTextbox__Input form-control w-100 LastName" required="" aria-required="true" data-f-datainput="">
<span class="Form__Element__ValidationError" data-f-linked-name="__field_7316" data-f-validationerror="" id="__field_7316_desc" style="display:none"></span>
</div>
<label for="f539f703-2ab2-4516-a13b-0344c535dec2" class="">Investor Type</label>
<div class="dropdown w-100">
<select name="__field_7317" id="f539f703-2ab2-4516-a13b-0344c535dec2" required="" aria-required=""true"" class="w-100 Form__Element dropdown__button form-control InvestorType" style="display: none;">
<option disabled="disabled" selected=""selected"" value="">(Select)</option>
<option value="Asset Manager" data-f-datainput="">Asset Manager</option>
<option value="Custodian" data-f-datainput="">Custodian</option>
<option value="Financial Advisor" data-f-datainput="">Financial Advisor</option>
<option value="Individual Investor" data-f-datainput="">Individual Investor</option>
<option value="Institutional" data-f-datainput="">Institutional</option>
<option value="Insurance" data-f-datainput="">Insurance</option>
<option value="Retirement" data-f-datainput="">Retirement</option>
<option value="RIA" data-f-datainput="">RIA</option>
</select>
<div class="invalid-feedback">
<span class="Form__Element__ValidationError" data-f-linked-name="__field_7317" data-f-validationerror="" id="__field_7317_desc" style="display:none"></span>
</div>
<div class="dropdown-menu dropdown__menu text-util-sm" role="menu"><button class="dropdown-item dropdown__item text-util-sm" role="menuitem" type="button" value="">(Select)</button><button class="dropdown-item dropdown__item text-util-sm"
role="menuitem" type="button" value="Asset Manager">Asset Manager</button><button class="dropdown-item dropdown__item text-util-sm" role="menuitem" type="button" value="Custodian">Custodian</button><button
class="dropdown-item dropdown__item text-util-sm" role="menuitem" type="button" value="Financial Advisor">Financial Advisor</button><button class="dropdown-item dropdown__item text-util-sm" role="menuitem" type="button"
value="Individual Investor">Individual Investor</button><button class="dropdown-item dropdown__item text-util-sm" role="menuitem" type="button" value="Institutional">Institutional</button><button
class="dropdown-item dropdown__item text-util-sm" role="menuitem" type="button" value="Insurance">Insurance</button><button class="dropdown-item dropdown__item text-util-sm" role="menuitem" type="button"
value="Retirement">Retirement</button><button class="dropdown-item dropdown__item text-util-sm" role="menuitem" type="button" value="RIA">RIA</button></div><button aria-haspopup="true" aria-expanded="false" data-value=""
class="dropdown__button text-util-sm mb-3 dropdown__button-default" data-toggle="dropdown" id="f539f703-2ab2-4516-a13b-0344c535dec2-select" type="button"><span class="dropdown__label">(Select)</span><svg aria-hidden="true" focusable="false"
data-prefix="far" data-icon="chevron-down" class="svg-inline--fa fa-chevron-down fa-w-16 fa-2x dropdown__icon dropdown__icon-default" role="img" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 18 18">
<path fill="currentColor" d="M2.26 4.88a.75.75 0 00-.54.21.75.75 0 000 1.07l6.75 6.75a.75.75 0 001.06 0l6.75-6.75a.75.75 0 000-1.07.75.75 0 00-1.06 0L9 11.31 2.78 5.1a.75.75 0 00-.52-.21z"></path>
</svg></button>
</div>
<label for="72543762-aa6b-4547-9a60-3049ec113a62" class="">Country</label>
<div class="dropdown w-100">
<select name="__field_7318" id="72543762-aa6b-4547-9a60-3049ec113a62" required="" aria-required=""true"" class="w-100 Form__Element dropdown__button form-control Country" style="display: none;">
<option disabled="disabled" value="">-- Select an option --</option>
<option value="us" selected="selected" data-f-default-value=""true"" data-f-datainput="">United States</option>
<option value="as" data-f-datainput="">American Samoa</option>
<option value="gu" data-f-datainput="">Guam</option>
<option value="mp" data-f-datainput="">Northern Mariana Islands</option>
<option value="pr" data-f-datainput="">Puerto Rico</option>
<option value="um" data-f-datainput="">United States Minor Outlying Islands</option>
<option value="vi" data-f-datainput="">Virgin Islands, U.S.</option>
</select>
<div class="invalid-feedback">
<span class="Form__Element__ValidationError" data-f-linked-name="__field_7318" data-f-validationerror="" id="__field_7318_desc" style="display:none"></span>
</div>
<div class="dropdown-menu dropdown__menu text-util-sm" role="menu"><button class="dropdown-item dropdown__item text-util-sm" role="menuitem" type="button" value="">-- Select an option --</button><button
class="dropdown-item dropdown__item text-util-sm" role="menuitem" type="button" value="us">United States</button><button class="dropdown-item dropdown__item text-util-sm" role="menuitem" type="button" value="as">American
Samoa</button><button class="dropdown-item dropdown__item text-util-sm" role="menuitem" type="button" value="gu">Guam</button><button class="dropdown-item dropdown__item text-util-sm" role="menuitem" type="button" value="mp">Northern
Mariana Islands</button><button class="dropdown-item dropdown__item text-util-sm" role="menuitem" type="button" value="pr">Puerto Rico</button><button class="dropdown-item dropdown__item text-util-sm" role="menuitem" type="button"
value="um">United States Minor Outlying Islands</button><button class="dropdown-item dropdown__item text-util-sm" role="menuitem" type="button" value="vi">Virgin Islands, U.S.</button></div><button aria-haspopup="true"
aria-expanded="false" data-value="us" class="dropdown__button text-util-sm mb-3 dropdown__button-default" data-toggle="dropdown" id="72543762-aa6b-4547-9a60-3049ec113a62-select" type="button"><span class="dropdown__label">United
States</span><svg aria-hidden="true" focusable="false" data-prefix="far" data-icon="chevron-down" class="svg-inline--fa fa-chevron-down fa-w-16 fa-2x dropdown__icon dropdown__icon-default" role="img" xmlns="http://www.w3.org/2000/svg"
viewBox="0 0 18 18">
<path fill="currentColor" d="M2.26 4.88a.75.75 0 00-.54.21.75.75 0 000 1.07l6.75 6.75a.75.75 0 001.06 0l6.75-6.75a.75.75 0 000-1.07.75.75 0 00-1.06 0L9 11.31 2.78 5.1a.75.75 0 00-.52-.21z"></path>
</svg></button>
</div>
<div class="Form__Element Form__CustomElement FormInvisibleRecaptcha" data-epiforms-element-name="__field_162436" data-veforms-sitekey="6LcqBJ8UAAAAAKv16kmDnTtUeivUiGkQjTJvMVDb" id="7fe878c0-627c-45ce-a1ea-9f1e4f62c324">
<div id="recaptcha-7fe878c0-627c-45ce-a1ea-9f1e4f62c324" class="g-recaptcha"></div>
</div>
<script>
window.addEventListener("DOMContentLoaded", function() {
//deferred recaptcha was loaded in another form on the same page.
if (typeof window.deferredRecaptchaProperties === "object") return
window.deferredRecaptchaProperties = {
language: "en",
GAPIscriptLoaded: false
}
var head = document.getElementsByTagName('head')[0];
var script = document.createElement('script');
script.type = 'text/javascript';
script.src = "/static/js/generic-invisible-recaptcha-deferred.js";
head.appendChild(script);
})
</script>
<input type="hidden" value="DeferredRecaptchaElement" class="DeferredRecaptchaElement">
<input type="hidden" value="true" name="isnotiframe" id="isnotiframe">
<input name="__field_162435" id="e17c279b-74b5-46d9-a593-3c22d01fffab" type="hidden" class="Form__Element FormHidden FormHideInSummarized RecaptchaTokenResponse" data-f-type="hidden">
<div class="form-group button submit-container w-100">
<button class="Form__Element FormExcludeDataRebind FormSubmitButton btn btn-primary btn-submit _gaEvent SubmitForm w-100" data-ve-gtm="subscription-subscribe-button" id="712d22da-a225-436b-ba64-e47dbcea5203" name="submit" type="submit"
value="712d22da-a225-436b-ba64-e47dbcea5203" data-f-is-finalized="false" data-f-is-progressive-submit="true" data-f-type="submitbutton" title=""Submit" request"=""> Subscribe Now </button>
</div>
</section>
</div>
</form>Text Content
Skip directly to Accessibility Notice
United States
United States
Welcome to VanEck
VanEck is a global investment manager with offices around the world. To help you
find content that is suitable for your investment needs, please select your
country and investor type.
Select Your Country / Region
United States Australia Austria Belgium Brazil Canada Chile China Denmark
Finland France Germany Ireland Italy Liechtenstein Luxembourg Mexico Netherlands
Norway Peru Poland Portugal Spain Sweden Switzerland United Kingdom Rest of Asia
Rest of World
United States
Select Investor Type
Individual Investor Institutional Investor Financial Advisor RIA and Asset
Manager
Select Investor Type
I agree No Thanks
Subscriptions
*
* Investments
* Equity ETFs
* Income ETFs
* Commodity ETFs
* Digital Assets
* Sustainable
* Mutual Funds
* Institutional
* Model Delivery
Strategic Equity
* LFEQ Long/Flat Trend ETF
* MOTE Morningstar ESG Moat ETF
* MOTG Morningstar Global Wide Moat ETF
* MOTI Morningstar International Moat ETF
* SMOT Morningstar SMID Moat ETF
* MOAT Morningstar Wide Moat ETF
* BUZZ Social Sentiment ETF
Thematic
* BBH Biotech ETF
* DAM Digital Assets Mining ETF
* DAPP Digital Transformation ETF
* EVX Environmental Services ETF
* BJK Gaming ETF
* RNEW Green Infrastructure ETF
* PPH Pharmaceutical ETF
* RTH Retail ETF
* SMH Semiconductor ETF
* ESPO Video Gaming and eSports ETF
Natural Resources
* MOO Agribusiness ETF
* EINC Energy Income ETF
* YUMY Future of Food ETF
* GDX Gold Miners ETF
* GMET Green Metals ETF
* RAAX Inflation Allocation ETF
* GDXJ Junior Gold Miners ETF
* SMOG Low Carbon Energy ETF
* HAP Natural Resources ETF
* CRAK Oil Refiners ETF
* OIH Oil Services ETF
* REMX Rare Earth/Strategic Metals ETF
* SLX Steel ETF
* NLR Uranium+Nuclear Energy ETF
Country/Regional
* AFK Africa Index ETF
* BRF Brazil Small-Cap ETF
* CNXT ChiNext ETF
* GLCN China Growth Leaders ETF
* DGIN Digital India ETF
* EGPT Egypt Index ETF
* GLIN India Growth Leaders ETF
* IDX Indonesia Index ETF
* ISRA Israel ETF
* RSX Russia ETF
* RSXJ Russia Small-Cap ETF
* VNM Vietnam ETF
Explore All Equity ETFs
Corporate Bond
* ANGL Fallen Angel High Yield Bond ETF
* MBBB Moody’s Analytics BBB Corporate Bond ETF
* MIG Moody’s Analytics IG Corporate Bond ETF
Equity Income
* EINC Energy Income ETF
* DURA Durable High Dividend ETF
* MORT Mortgage REIT Income ETF
* PFXF Preferred Securities ex Financials ETF
Floating Rate
* BIZD BDC Income ETF
* CLOI CLO ETF
* FLTR IG Floating Rate ETF
International Bond
* CBON China Bond ETF
* HYEM Emerging Markets High Yield Bond ETF
* GRNB Green Bond ETF
* IHY International High Yield Bond ETF
* EMLC J.P. Morgan EM Local Currency Bond ETF
Multi-Asset Income
* INC Dynamic High Income ETF
Municipal Bond
* XMPT CEF Muni Income ETF
* HYD High Yield Muni ETF
* SMI HIP Sustainable Muni ETF
* ITM Intermediate Muni ETF
* MLN Long Muni ETF
* MAAX Muni Allocation ETF
* SHYD Short High Yield Muni ETF
* SMB Short Muni ETF
Explore All Income ETFs
Digital Assets
* XBTF Bitcoin Strategy ETF
Real Assets
* RAAX Inflation Allocation ETF
Gold
* OUNZ Merk Gold Trust
Explore All Commodity ETFs
Exchange Traded Funds
* DAM Digital Assets Mining ETF
* DAPP Digital Transformation ETF
* XBTF Bitcoin Strategy ETF
Privately Offered Funds
* VanEck Digital Assets Alpha Fund
* VanEck New Finance Income Fund, LP
* VanEck Smart Contract Leaders Fund
Equity ETFs
* YUMY Future of Food ETF
* RNEW Green Infrastructure ETF
* GMET Green Metals ETF
* SMOG Low Carbon Energy ETF
* MOTE Morningstar ESG Moat ETF
Income ETFs
* GRNB Green Bond ETF
* SMI HIP Sustainable Muni ETF
Mutual Funds
* ENVYX Environmental Sustainability Fund
CM Commodity Index Fund
* CMCAX Class A
* COMIX Class I
* CMCYX Class Y
Emerging Markets Bond Fund
* EMBAX Class A
* EMBUX Class I
* EMBYX Class Y
Morningstar Wide Moat Fund
* MWMIX Class I
* MWMZX Class Z
Environmental Sustainability Fund
* ENVAX Class A
* ENVIX Class I
* ENVYX Class Y
Global Resources Fund
* GHAAX Class A
* GHACX Class C
* GHAIX Class I
* GHAYX Class Y
International Investors Gold Fund
* INIVX Class A
* IIGCX Class C
* INIIX Class I
* INIYX Class Y
Emerging Markets Fund
* GBFAX Class A
* EMRCX Class C
* EMRIX Class I
* EMRYX Class Y
* EMRZX Class Z
Emerging Markets Leaders Fund
* ELMAX Class A
* ELMIX Class I
* ELMYX Class Y
* ELMZX Class Z
Explore All Mutual Funds
Institutional Funds
* Institutional Mutual Funds
* Separate Accounts and Sub-advisory
VIP Insurance Funds
* VIP Emerging Markets Fund
* VIP Emerging Markets Bond Fund
* VIP Global Gold Fund
* VIP Global Resources Fund
Privately Offered Funds
* VanEck Digital Assets Alpha Fund
* VanEck New Finance Income Fund, LP
* VanEck Smart Contract Leaders Fund
SMA Model Delivery
* Emerging Markets ADR
* Education
Advisor Education Investor Education Investment Ideas
* Explore Funds
* Tax Information
* Income Investing Yield Monitor
* Bitcoin Investment Ideas
* Education and Research
* CE Credit Webinars
* Practice Management
* Find Your Investment Solution
* Your Questions Answered
* Investing Basics
* Market History
* Recent Investment Insights
* Investing in Bitcoin and Digital Assets
* Think Yield with Income Investing
* Moat Investing, Powered by Morningstar
* The Gold ETF that Delivers
* Insights
Research Trending Webinars Thought Leaders
* Asset Allocation
* Digital Assets
* Economic Trends
* Emerging Markets Bonds
* Emerging Markets Equity
* Gold Investing
* Income Investing
* Investment Outlook
* Moat Investing
* Municipal Bonds
* Natural Resources
* Sustainable Investing
* Thematic Investing
* Trends with Benefits
* cryptocurrencies
* russia
* rising rates
* fixed income
* income
* Asset Allocation
* Digital Assets
* Emerging Markets Equity
* Gold Investing
* Income Investing
* Investment Outlook
* Moat Investing
* Municipal Bonds
* Natural Resources
* Sustainable Investing
* Thematic Investing
* Jan van Eck
* Imaru Casanova
* James Colby
* Joe Foster
* Gabor Gurbacs
* Natalia Gurushina
* Ed Lopez
* Francis Rodilosso
* David Schassler
* David Semple
* Matthew Sigel
* Veronica Zhang
* Resources
Prices & Returns Distributions Tax Center Insurance Center Documents Fund
Filings
* ETFs
* ETF Indices
* Mutual Funds
* Institutional Funds
* ETFs
* Mutual Funds
* ETFs
* Mutual Funds
* Why Invest with Vaneck
* VanEck NAIC-Designated Bond ETFs
* Featured ETFs
* Benefits of Fixed Income ETFs
* Related Insights
* ETFs
* Mutual Funds
* Insurance Funds
* N-CSR Filings
* Proxy Voting
* Section 16 Filings
* Our Firm
Mission and History Leadership Investment Professionals Press and Awards
Careers Contact Us VanEck Store
* About VanEck
* The Forest Project
* Executive Management
* Board Members
* The van Eck Family
* Commodities
* Digital Assets
* Equity
* Fixed Income
* Quantitative Investment Solutions
* Press Releases
* Awards
* Professionals
* Internships
* US Investor Services
* US Client Services
* International
* Shop Now
* Subscriptions
* Investments
Main Menu
Investments
* All Funds
* Equity ETFs
Investments
Equity ETFs
Strategic Equity
* LFEQ Long/Flat Trend ETF
* MOTE Morningstar ESG Moat ETF
* MOTG Morningstar Global Wide Moat ETF
* MOTI Morningstar International Moat ETF
* SMOT Morningstar SMID Moat ETF
* MOAT Morningstar Wide Moat ETF
* BUZZ Social Sentiment ETF
Thematic
* BBH Biotech ETF
* DAM Digital Assets Mining ETF
* DAPP Digital Transformation ETF
* EVX Environmental Services ETF
* BJK Gaming ETF
* RNEW Green Infrastructure ETF
* PPH Pharmaceutical ETF
* RTH Retail ETF
* SMH Semiconductor ETF
* ESPO Video Gaming and eSports ETF
Natural Resources
* MOO Agribusiness ETF
* EINC Energy Income ETF
* YUMY Future of Food ETF
* GDX Gold Miners ETF
* GMET Green Metals ETF
* RAAX Inflation Allocation ETF
* GDXJ Junior Gold Miners ETF
* SMOG Low Carbon Energy ETF
* HAP Natural Resources ETF
* CRAK Oil Refiners ETF
* OIH Oil Services ETF
* REMX Rare Earth/Strategic Metals ETF
* SLX Steel ETF
* NLR Uranium+Nuclear Energy ETF
Country/Regional
* AFK Africa Index ETF
* BRF Brazil Small-Cap ETF
* CNXT ChiNext ETF
* GLCN China Growth Leaders ETF
* DGIN Digital India ETF
* EGPT Egypt Index ETF
* GLIN India Growth Leaders ETF
* IDX Indonesia Index ETF
* ISRA Israel ETF
* RSX Russia ETF
* RSXJ Russia Small-Cap ETF
* VNM Vietnam ETF
Explore All Equity ETFs
* Income ETFs
Investments
Income ETFs
Corporate Bond
* ANGL Fallen Angel High Yield Bond ETF
* MBBB Moody’s Analytics BBB Corporate Bond ETF
* MIG Moody’s Analytics IG Corporate Bond ETF
Equity Income
* EINC Energy Income ETF
* DURA Durable High Dividend ETF
* MORT Mortgage REIT Income ETF
* PFXF Preferred Securities ex Financials ETF
Floating Rate
* BIZD BDC Income ETF
* CLOI CLO ETF
* FLTR IG Floating Rate ETF
International Bond
* CBON China Bond ETF
* HYEM Emerging Markets High Yield Bond ETF
* GRNB Green Bond ETF
* IHY International High Yield Bond ETF
* EMLC J.P. Morgan EM Local Currency Bond ETF
Multi-Asset Income
* INC Dynamic High Income ETF
Municipal Bond
* XMPT CEF Muni Income ETF
* HYD High Yield Muni ETF
* SMI HIP Sustainable Muni ETF
* ITM Intermediate Muni ETF
* MLN Long Muni ETF
* MAAX Muni Allocation ETF
* SHYD Short High Yield Muni ETF
* SMB Short Muni ETF
Explore All Income ETFs
* Commodity ETFs
Investments
Commodity ETFs
Digital Assets
* XBTF Bitcoin Strategy ETF
Real Assets
* RAAX Inflation Allocation ETF
Gold
* OUNZ Merk Gold Trust
Explore All Commodity ETFs
* Digital Assets
Investments
Digital Assets
Exchange Traded Funds
* DAM Digital Assets Mining ETF
* DAPP Digital Transformation ETF
* XBTF Bitcoin Strategy ETF
Privately Offered Funds
* VanEck Digital Assets Alpha Fund
* VanEck New Finance Income Fund, LP
* VanEck Smart Contract Leaders Fund
* Sustainable
Investments
Sustainable
Equity ETFs
* YUMY Future of Food ETF
* RNEW Green Infrastructure ETF
* GMET Green Metals ETF
* SMOG Low Carbon Energy ETF
* MOTE Morningstar ESG Moat ETF
Income ETFs
* GRNB Green Bond ETF
* SMI HIP Sustainable Muni ETF
Mutual Funds
* ENVYX Environmental Sustainability Fund
* Mutual Funds
Investments
Mutual Funds
CM Commodity Index Fund
* CMCAX Class A
* COMIX Class I
* CMCYX Class Y
Emerging Markets Bond Fund
* EMBAX Class A
* EMBUX Class I
* EMBYX Class Y
Morningstar Wide Moat Fund
* MWMIX Class I
* MWMZX Class Z
Environmental Sustainability Fund
* ENVAX Class A
* ENVIX Class I
* ENVYX Class Y
Global Resources Fund
* GHAAX Class A
* GHACX Class C
* GHAIX Class I
* GHAYX Class Y
International Investors Gold Fund
* INIVX Class A
* IIGCX Class C
* INIIX Class I
* INIYX Class Y
Emerging Markets Fund
* GBFAX Class A
* EMRCX Class C
* EMRIX Class I
* EMRYX Class Y
* EMRZX Class Z
Emerging Markets Leaders Fund
* ELMAX Class A
* ELMIX Class I
* ELMYX Class Y
* ELMZX Class Z
Explore All Mutual Funds
* Institutional
Investments
Institutional
Institutional Funds
* Institutional Mutual Funds
* Separate Accounts and Sub-advisory
VIP Insurance Funds
* VIP Emerging Markets Fund
* VIP Emerging Markets Bond Fund
* VIP Global Gold Fund
* VIP Global Resources Fund
Privately Offered Funds
* VanEck Digital Assets Alpha Fund
* VanEck New Finance Income Fund, LP
* VanEck Smart Contract Leaders Fund
* Model Delivery
Investments
Model Delivery
SMA Model Delivery
* Emerging Markets ADR
* Education
Main Menu
Education
* Advisor Education
Education
Advisor Education
* Explore Funds
* Tax Information
* Income Investing Yield Monitor
* Bitcoin Investment Ideas
* Education and Research
* CE Credit Webinars
* Practice Management
* Investor Education
Education
Investor Education
* Find Your Investment Solution
* Your Questions Answered
* Investing Basics
* Market History
* Recent Investment Insights
* Investment Ideas
Education
Investment Ideas
* Investing in Bitcoin and Digital Assets
* Think Yield with Income Investing
* Moat Investing, Powered by Morningstar
* The Gold ETF that Delivers
* Insights
Main Menu
Insights
* All Insights
* Research
Insights
Research
* Asset Allocation
* Digital Assets
* Economic Trends
* Emerging Markets Bonds
* Emerging Markets Equity
* Gold Investing
* Income Investing
* Investment Outlook
* Moat Investing
* Municipal Bonds
* Natural Resources
* Sustainable Investing
* Thematic Investing
* Trends with Benefits
* Trending
Insights
Trending
* cryptocurrencies
* russia
* rising rates
* fixed income
* income
* Webinars
Insights
Webinars
* Asset Allocation
* Digital Assets
* Emerging Markets Equity
* Gold Investing
* Income Investing
* Investment Outlook
* Moat Investing
* Municipal Bonds
* Natural Resources
* Sustainable Investing
* Thematic Investing
* Thought Leaders
Insights
Thought Leaders
* Jan van Eck
* Imaru Casanova
* James Colby
* Joe Foster
* Gabor Gurbacs
* Natalia Gurushina
* Ed Lopez
* Francis Rodilosso
* David Schassler
* David Semple
* Matthew Sigel
* Veronica Zhang
* Resources
Main Menu
Resources
* Prices & Returns
Resources
Prices & Returns
* ETFs
* ETF Indices
* Mutual Funds
* Institutional Funds
* Distributions
Resources
Distributions
* ETFs
* Mutual Funds
* Tax Center
Resources
Tax Center
* ETFs
* Mutual Funds
* Insurance Center
Resources
Insurance Center
* Why Invest with Vaneck
* VanEck NAIC-Designated Bond ETFs
* Featured ETFs
* Benefits of Fixed Income ETFs
* Related Insights
* Documents
Resources
Documents
* ETFs
* Mutual Funds
* Insurance Funds
* Fund Filings
Resources
Fund Filings
* N-CSR Filings
* Proxy Voting
* Section 16 Filings
* Our Firm
Main Menu
Our Firm
* Mission and History
Our Firm
Mission and History
* About VanEck
* The Forest Project
* Leadership
Our Firm
Leadership
* Executive Management
* Board Members
* The van Eck Family
* Investment Professionals
Our Firm
Investment Professionals
* Commodities
* Digital Assets
* Equity
* Fixed Income
* Quantitative Investment Solutions
* Press and Awards
Our Firm
Press and Awards
* Press Releases
* Awards
* Careers
Our Firm
Careers
* Professionals
* Internships
* Contact Us
Our Firm
Contact Us
* US Investor Services
* US Client Services
* International
* VanEck Store
Our Firm
VanEck Store
* Shop Now
* Subscriptions
* Insights
* Asset Allocation
AVOID THE INFLATION PENALTY BOX
November 17, 2022
Read Time 4 MIN
Share
* LinkedIn This link opens a new window
* Twitter This link opens a new window
* Facebook
* Share With a Friend
* Print
Share Page
SHARE WITH A FRIEND
All fields required where indicated (*)
Your First Name
Your Last Name
Your Email Address
Friend's First Name
Friend's Last Name
Friend's Email Address
Share
BY SUBMITTING YOUR EMAIL YOU ACKNOWLEDGE THAT YOU HAVE READ THE ONLINE PRIVACY
POLICY
BYLINES
DAVID SCHASSLER
Head of Quantitative Investment Solutions
As part of this commentary, we point out 5 prevailing challenges for the market
and inflation outlook and possible Fed actions in response to these challenges.
Watch Video
High Inflation is Likely Here to Stay
DON’T FOCUS ON THE WRONG THINGS: THE MONTHLY CPI REPORT DISTRACTION
Hockey season is here, and my favorite team, the New York Rangers, are off to a
lackluster start. While disappointing, this provides a great opportunity to
interject a sports analogy: hockey defensemen are taught to keep their eyes on
the body, not the puck. The puck moves fast. Instead, focus on the shoulders to
know where the puck is going.
Why is this relevant? The market seems to be “playing poor defense” by watching
the puck. Every data point is overanalyzed to the point of exhaustion. The
October CPI number came in at 0.40% versus expectations of 0.60%. The “better
than expected” interpretation of the inflation report sent the U.S. 10-year
Treasury note yield down from 4.09% to 3.84%, and, as a result, risky
assets rallied.
The week before, the Federal Reserve (Fed) increased interest rates by another
75 basis points. Market strategists then feverishly went to work on Fed Chairman
Jerome Powell. They dissected his mannerisms, the specific words he used, and
the tone in which they were spoken. Mr. Powell’s perceived hawkishness sent
interest rates higher and risky assets down.
The reality is that both of these events hardly provided any real insights. The
uncertainty around inflation, interest rates, and a recession remain. That,
however, does not stop the markets from overreacting. We believe the short-term
focus of the markets creates opportunities.
LET’S TRY IT THIS WAY: 5 PREVAILING CHALLENGES FOR THE MARKET AND
INFLATION OUTLOOK
When contextualizing inflation, put yourself in a defenseman’s skates, and do
not be mesmerized by the puck. Instead, focus on the body (problems) to
anticipate where the puck (market) is going:
1. Inflation remains very high but is decelerating
2. Government debt is very high and continues to grow
3. Historically, inflationary events have lasted a long time, with several
peaks and troughs within
4. The cure for inflation (tighter policy) is “kryptonite” to an overleveraged
economy
5. The Fed fights recessions with looser monetary policy, which is inflationary
Consequently, this leaves the Fed in the most unfortunate of economic situations
with no great options. We have long said that the idea of a soft landing is a
fairytale. Fed Powell now seemingly agrees and recently acknowledged that the
window for a soft landing has “narrowed.”
The most reasonable outcome, in our view, is that the Fed will become less
aggressive in its fight against inflation. More specifically, higher interest
rates may eventually have a devastating impact on economic activity and the
financial markets. We expect the Fed to be forced to pivot with inflation
significantly higher than its 2% target. Ultimately, this inflation cycle will
probably follow the predictable path of previous inflation cycles: It will last
a long time!
THE BEST DEFENSE IS A GOOD OFFENSE: REAL ASSETS AND HIGH-YIELDING INVESTMENTS
Our preferred investment solutions to navigate the current environment are real
assets and high-income generating assets. Real assets are time-tested inflation
hedges. VanEck offers a broad suite of inflation-fighting assets. Amongst them,
the VanEck Inflation Allocation ETF (RAAX) seeks to provide a “one-stop”
solution to inflation protection.
The recent surge in interest rates has created compelling investment
opportunities. The following chart demonstrates the advantages of
high-income-generating investments in different inflation regimes.
INCOMING! AVERAGE 3-YEAR RETURN OF HIGH INCOME INDICES AT U.S. CPI
ABOVE/BELOW 5%*
Source: Bloomberg. Data as of September 30, 2022.*Note: time period of
evaluation varies based on each index’s respective start date (Bloomberg U.S.
Mortgage Backed Securities Index since January 1976; Bloomberg U.S. Corporate
High Yield Bond Index since July 1983; J.P. Morgan EMBI Global Diversified Index
since December 1993; Alerian MLP Index since December 1995). Benchmark index
returns are not Fund returns and do not reflect any management fees or brokerage
expenses. Certain indices may take into account withholding taxes. Investors
cannot invest directly in the Index. Index descriptions included at the end of
this presentation.
High inflation regimes, as defined as 5% or above, are typically associated with
higher interest rates. Until recently, we have been critical of most
income-generating assets because of low yields and surging interest rates. That
has changed. There is likely limited upward mobility in interest rates from here
and current yields offer a significant cushion against both inflation and future
rate hikes. This has led us to launch the VanEck Dynamic High Income ETF (INC).
It offers diversified income by actively allocating to high-yielding segments of
the market. Learn more about INC in this Q&A.
Thank you for reading. We aim to provide you with thoughtful market insights and
actionable investment ideas. This month’s insight was to look beyond the manic
behavior of the markets and see the big trends. Remember, raise the cup by
focusing on the body and not the puck!
To receive more Asset Allocation insights, sign up in our subscription center.
RELATED INSIGHTS
Asset Allocation Blog
A MASTER CLASS IN REAL ASSETS
December 01, 2022
Asset Allocation Video
HIGH INFLATION IS LIKELY HERE TO STAY
November 21, 2022
Asset Allocation Blog
INC: QUESTION AND ANSWER
November 03, 2022
Important Disclosures
This is not an offer to buy or sell, or a solicitation of any offer to buy or
sell any of the securities mentioned herein. 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. 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. Any opinions, projections, forecasts, and forward–looking
statements presented herein are valid as of the date of this communication and
are subject to change without notice. The information herein represents the
opinion of the author(s), but not necessarily those of VanEck.
Bloomberg U.S. Mortgage Backed Securities (MBS) Index tracks fixed-rate agency
mortgage backed pass-through securities guaranteed by Ginnie Mae (GNMA), Fannie
Mae (FNMA), and Freddie Mac (FHLMC). The index is constructed by grouping
individual TBA-deliverable MBS pools into aggregates or generics based on
program, coupon and vintage.
Bloomberg U.S. Corporate High Yield Bond Index measures the USD-denominated,
high yield, fixed-rate corporate bond market. Securities are classified as high
yield if the middle rating of Moody's, Fitch and S&P is Ba1/BB+/BB+ or below.
Bonds from issuers with an emerging markets country of risk, based on Bloomberg
EM country definition, are excluded.
J.P. Morgan EMBI Global Diversified Index is an unmanaged, market-capitalization
weighted, total-return index tracking the traded market for
U.S.-dollar-denominated Brady bonds, Eurobonds, traded loans, and local market
debt instruments issued by sovereign and quasi-sovereign entities.
Alerian MLP Index is the leading gauge of energy infrastructure Master Limited
Partnerships (MLPs). It is a capped, float-adjusted, capitalization-weighted
index, whose constituents earn the majority of their cash flow from midstream
activities involving energy commodities.
Consumer Price Index is an index of the variation in prices paid by typical
consumers for retail goods and other items. Bloomberg Commodity Index is a
broadly diversified index that tracks the commodity markets through commodity
futures contracts and is made up of exchange–traded futures on physical
commodities, which are weighted to account for economic significance and market
liquidity. S&P 500 Index is widely regarded as the best single gauge of
large–cap U.S. equities. The index is a float–adjusted, market–cap–weighted
index of 500 leading U.S. companies from across all market sectors including
information technology, telecommunications services, utilities, energy,
materials, industrials, real estate, financials, health care, consumer
discretionary, and consumer staples.
Benchmark index returns are not Fund returns and do not reflect any management
fees or brokerage expenses. Certain indices may take into account withholding
taxes. Investors cannot invest directly in the Index. Returns for actual Fund
investors may differ from what is shown because of differences in timing, the
amount invested and fees and expenses. Index returns assume that dividends have
been reinvested.
The S&P 500 Index is a product of S&P Dow Jones Indices LLC and/or its
affiliates and has been licensed for use by Van Eck Associates Corporation.
Copyright © 2022 S&P Dow Jones Indices LLC, a division of S&P Global, Inc.,
and/or its affiliates. All rights reserved. Redistribution or reproduction in
whole or in part are prohibited without written permission of S&P Dow Jones
Indices LLC. For more information on any of S&P Dow Jones Indices LLC’s indices
please visit www.spglobal.com/spdji/en/. S&P® is a registered trademark of S&P
Global and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings
LLC. Neither S&P Dow Jones Indices LLC, Dow Jones Trademark Holdings LLC, their
affiliates nor their third party licensors make any representation or warranty,
express or implied, as to the ability of any index to accurately represent the
asset class or market sector that it purports to represent and neither S&P Dow
Jones Indices LLC, Dow Jones Trademark Holdings LLC, their affiliates nor their
third party licensors shall have any liability for any errors, omissions, or
interruptions of any index or the data included therein.
An investment in the VanEck Inflation Allocation ETF (RAAX) may be subject to
risks which include, among others, in fund of funds risk which may subject the
Fund to investing in commodities, gold, natural resources companies, MLPs, real
estate sector, infrastructure, equities securities, small–and
medium–capitalization companies, foreign securities, emerging market issuers,
foreign currency, credit, interest rate, call and concentration risks,
derivatives, cryptocurrency, cryptocurrency tax, all of which may adversely
affect the Fund. The Fund may also be subject to affiliated fund, U.S. Treasury
Bills, subsidiary investment, commodity regulatory (with respect to investments
in the Subsidiary), tax (with respect to investments in the Subsidiary), risks
of ETPs, liquidity, gap, cash transactions, high portfolio turnover, model and
data, management, operational, authorized participant concentration, no
guarantee of active trading market, trading issues, market, fund shares trading,
premium/discount and liquidity of fund shares, and non–diversified risks.
Foreign investments are subject to risks, which include changes in economic and
political conditions, foreign currency fluctuations, changes in foreign
regulations, and changes in currency exchange rates which may negatively impact
the Fund's returns. Small–and medium–capitalization companies may be subject to
elevated risks.
An investment in the VanEck Dynamic High Income ETF (INC) may be subject to
risks which include, among others, fund of funds, ETPs, U.S. treasury
securities, interest rate, income, high portfolio turnover, management,
operational, authorized participant concentration, absence of prior active
market, trading issues, market, fund shares trading, premium/discount, liquidity
of fund shares, affiliated fund, new fund, and non-diversified risks. The Fund
may also be subject to dividend paying securities, investing in foreign
securities, investing in emerging market issuers, foreign currency, investing in
mortgage REITs, preferred securities, CLO, credit, high yield securities,
interest rate, call and concentration risks, all of which may adversely affect
the Fund.
Investing involves substantial risk and high volatility, including possible loss
of principal. An investor should consider the investment objective, risks,
charges and expenses of the Fund carefully before investing. To obtain a
prospectus and summary prospectus, which contains this and other information,
call 800.826.2333 or visit vaneck.com. Please read the prospectus and summary
prospectus carefully before investing.
©️ Van Eck Securities Corporation, Distributor, a wholly owned subsidiary of Van
Eck Associates Corporation.
RELATED INSIGHTS
1 - 3 of 5
Asset Allocation Blog
A MASTER CLASS IN REAL ASSETS
December 01, 2022
Asset Allocation Video
HIGH INFLATION IS LIKELY HERE TO STAY
November 21, 2022
Asset Allocation Blog
INC: QUESTION AND ANSWER
November 03, 2022
Asset Allocation Webinar
HIGHER INFLATION FOR LONGER—AND LONGER THAN YOU THINK
October 24, 2022
Asset Allocation Blog
THINK INFLATION’S ENDING? THINK AGAIN.
October 06, 2022
ASSET ALLOCATION
More from this category View More
1 - 3 of 5
Asset Allocation Blog
A MASTER CLASS IN REAL ASSETS
David Schassler Head of Quantitative Investment Solutions
December 01, 2022
Portfolio Manager David Schassler joined a panel of fellow experts to discuss
the current outlook for inflation and how real assets can help offset
inflationary pressures.
Asset Allocation Blog
INC: QUESTION AND ANSWER
November 03, 2022
Asset Allocation Blog
THINK INFLATION’S ENDING? THINK AGAIN.
David Schassler Head of Quantitative Investment Solutions
October 06, 2022
We believe the market remains overly optimistic about the return to 2% inflation
by 2024. Previous inflationary regimes suggest this may not be realistic.
Asset Allocation Blog
INFLATION ALLOCATION ETF (RAAX): QUESTION & ANSWER
David Schassler Head of Quantitative Investment Solutions
September 14, 2022
Asset Allocation Blog
POWELL’S PERPETUAL PIVOT: IMPACT ON REAL ASSETS
David Schassler Head of Quantitative Investment Solutions
September 02, 2022
In Powell's never–ending rabbit hole of pivots, Jackson Hole was just another
stop. This commentary outlines the Fed's recent pivots and how peaking inflation
could affect various asset classes.
@ Subscribe
STAY INFORMED
SUBSCRIBE TO ASSET ALLOCATION
Email Address*
First Name*
Last Name*
Investor Type
(Select) Asset Manager Custodian Financial Advisor Individual Investor
Institutional Insurance Retirement RIA
(Select)Asset ManagerCustodianFinancial AdvisorIndividual
InvestorInstitutionalInsuranceRetirementRIA
(Select)
Country
-- Select an option -- United States American Samoa Guam Northern Mariana
Islands Puerto Rico United States Minor Outlying Islands Virgin Islands, U.S.
-- Select an option --United StatesAmerican SamoaGuamNorthern Mariana
IslandsPuerto RicoUnited States Minor Outlying IslandsVirgin Islands, U.S.
United States
Subscribe Now
By subscribing I acknowledge that I have read the Online Privacy Policy.
Manage Your Subscriptions
Manage Your Subscriptions
* LinkedIn
* Facebook
* Twitter
* YouTube
* Instagram
* Print
* Email
* RSS feed
* Home
* Contact Us
* Feedback
* Privacy
* Social Media
* Legal
* Site Map
VanEck is committed to ensuring accessibility of its website for investors and
potential investors, including those with disabilities. If you have difficulty
accessing any feature or functionality on the VanEck website, please feel free
to call us at 800.826.2333 or email us at info@vaneck.com for assistance.
This website is published in the United States for residents of specified
countries. Investors are subject to securities and tax regulations within their
applicable jurisdictions that are not addressed on this website. Nothing on this
website should be considered a solicitation to buy or an offer to sell shares of
any investment in any jurisdiction where the offer or solicitation would be
unlawful under the securities laws of such jurisdiction, nor is it intended as
investment, tax, financial, or legal advice. Investors should seek such
professional advice for their particular situation and jurisdiction.
Investing involves risk, including possible loss of principal. An investor
should carefully consider investment objectives, risks, charges and expenses
carefully before investing. This and other information can be found in the
appropriate regulatory documents made available for a specified country as
designated in this website.
Van Eck Securities Corporation, Distributor, a wholly owned subsidiary of Van
Eck Associates Corporation.
666 Third Avenue | New York, NY 10017
© 2022 VanEck. VanEck®, VanEck Access the opportunities®, and the stylized
VanEck design® are trademarks of Van Eck Associates Corporation.
×