VAN ECK FUNDS
497, 1999-07-15
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       Prospectus and Statement of Additional Information Supplement to
                        VAN ECK GLOBAL FUNDS PROSPECTUS
                               Dated May 1, 1999

Amendment to the Prospectus and Statement of Additional Information

Effective July 1, 1999, the Custodian of Van Eck Funds will be State Street
Bank and Trust Company, 225 Franklin Street, Boston, MA 02110.

                        Supplement Dated July 14, 1999


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