PROSPECTUS SUPPLEMENT TO
VAN ECK GLOBAL FUNDS PROSPECTUS
DATED MARCH 17, 1995
EFFECTIVE FEBRUARY 20, 1996
AMENDMENTS TO THE PROSPECTUS
ALTERNATIVE PURCHASE ARRANGEMENTS PPS. 33,35,36
With respect to the Class C shares of Global Hard Assets Fund, the 1% contingent
deferred redemption charge with respect to purchases made prior to November 1,
1996 and Rule 12b-1 payments are waived until November 1, 1996.
GLOBAL HARD ASSETS FUND (CLASS C)** P. 37
** Global Hard Assets Fund-C has suspended payment under its 12b-1 Plan until
November 1, 1996. Brokers or Agents who sell Class C shares of Global Hard
Assets Fund will not receive the 1% 12b-1 fee for distribution and
servicing on eligible purchases prior to November 1, 1996 but will receive
1% of the purchase price as a commission after the thirteenth month on
assets remaining in the Fund for twelve months.
GLOBAL HARD ASSETS FUND (CLASS A) P. 36
For the period February 20, 1996 to April 30, 1996, the discount ("reallowance")
paid to Brokers or Agents selling the Global Hard Assets Fund (Class A) will be
100% of the full sales charge.
EFFECTIVE MARCH 12, 1996
CLASS B SHARES OF ASIA DYNASTY FUND AND GLOBAL BALANCED FUND P. 32
The Class B shares of Asia Dynasty Fund and Global Balanced Fund are being
reopened to new sales effective March 12, 1996.
Prospectus Supplement Dated February 20, 1996
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PROSPECTUS SUPPLEMENT TO
VAN ECK GLOBAL FUNDS PROSPECTUS
DATED MARCH 17, 1995
AMENDMENTS TO THE PROSPECTUS
INVESTMENT SUB-ADVISER TO ASIA DYNASTY FUND PPS. 1,11,19,44
AND ASIA INFRASTRUCTURE FUND
Effective January 1, 1996, the Sub-Adviser to the Asia Dynasty Fund and Asia
Infrastructure Fund is AIG Global Investment Corp. ("AIG Global"). The
investment personnel and management responsible for these Funds remain
unchanged. Activities of AIG Asset Management Inc., the previous
Sub-Adviser/Adviser to these Funds, were part of a consolidation of a worldwide
investment management business of American International Group, Inc. into AIG
Global.
AIG Global, 70 Pine Street, New York, NY 10270 serves as sub-investment adviser
to the Asia Dynasty Fund and Asia Infrastructure Fund pursuant to a
Sub-Investment Advisory Agreement with the Adviser. AIG Global is a wholly owned
subsidiary of American International Group, Inc. ("American International").
AIG Global and its affiliates currently have approximately 20 investment
professionals throughout Southeast Asia. In providing sub-advisory services to
the Asia Dynasty Fund and Asia Infrastructure Fund, AIG Global utilizes the
services of AIG Global Investment Corp. (Asia), Ltd. ("AIG Global (Asia)")
(formerly AIG Investment Corp. (Asia)), one of AIG Global's
affiliates. AIG Global (Asia) currently has nine investment professionals based
in Hong Kong and generally has access to the resources of AIG Global and its
local affiliates throughout Southeast Asia. As of December 31, 1995, total
assets under management by AIG Global and its affiliates on behalf of all
clients amounted to over $60 billion. AIG Global also serves as investment
adviser to other registered investment companies.
Peter Soo, Investment Officer of AIG Global is responsible for managing the Asia
Dynasty Fund's and Asia Infrastructure Fund's portfolio of investments and has
been serving in such capacity since the Funds commenced operations. He is also
Vice President of AIG Global (Asia), an indirect subsidiary of American
International along with AIG Global, which serves as Sub-Investment Adviser to
the Funds.
Prospectus Supplement Dated February 20, 1996
<PAGE>
PROSPECTUS SUPPLEMENT TO
VAN ECK GOLD AND MONEY FUNDS PROSPECTUS
DATED MARCH 17, 1995
EFFECTIVE FEBRUARY 20, 1996
AMENDMENT TO THE PROSPECTUS
ALTERNATIVE PURCHASE ARRANGEMENTS PPS. 24,26,27
With respect to the Class C shares of Gold Opportunity Fund, the 1% contingent
deferred redemption charge with respect to purchases made prior to November 1,
1996 and rule 12b-1 payments are waived until November 1, 1996.
GOLD OPPORTUNITY FUND (CLASS C)** P. 28
**...Gold Opportunity Fund-C has suspended payment under its 12b-1 Plan until
November 1, 1996. Brokers or Agents who sell Class C shares of Gold
Opportunity Fund will not receive the 1% 12b-1 fee for distribution and
servicing on eligible purchases prior to November 1, 1996 but will receive
1% of the purchase price as a commission after the thirteenth month on
assets remaining in the Fund for twelve months.
INTERNATIONAL INVESTORS GOLD FUND (CLASS A), GOLD RESOURCES FUND (CLASS A) AND
GOLD OPPORTUNITY FUND (CLASS A) P. 27
For the period February 20, 1996 to April 30, 1996, the discount
("reallowance") paid to Brokers or Agents selling the Fund will be 100% of the
sales charge.
Prospectus Supplement Dated February 20, 1996
