David Schassler, Portfolio Manager for RAAX, said VanEck has been a long-time proponent of the benefits of real asset investments, both from a performance and portfolio diversification perspective.
“We also understand that the volatility of real asset investing is a challenge for many investors,” Schassler said. “These are predominantly cyclical sectors that experience frequent periods of high volatility. RAAX was specifically designed to address this. It is a real asset investment solution with built-in risk management.”
VanEck also notes that real asset investments are not without their risks, which can include susceptibility to adverse economic events, natural disasters, geopolitical risks, and supply and demand disruptions. RAAX performance is dependent on the performance of underlying funds and is subject to the risks of the underlying funds’ investments.
The Fund is the latest addition to the VanEck Vectors suite of Guided Allocation funds, which includes the VanEck Vectors® NDR CMG Long/Flat Allocation ETF (NYSE Arca: LFEQ).
For more information on new fund products, visit our new ETFs category.