VAN ECK FUNDS
497, 1998-09-18
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                           PROSPECTUS SUPPLEMENT TO
 
                        VAN ECK GLOBAL FUNDS PROSPECTUS
 
                               DATED MAY 1, 1998
 
EFFECTIVE SEPTEMBER 30, 1998
 
The Class A, B and C shares of Global Real Estate Fund and the Class A, B and
C shares of the Emerging Markets Growth Fund are closed to investments.
Shareholders in both Funds may continue to reinvest dividends.
 
                Prospectus Supplement Dated September 21, 1998
 
                                                                        502 267


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