The VanEckTM Natural Resources Index (Ticker: RVEI) is designed to serve as a fair, impartial and transparent measure of the performance of the natural resources industry. It embodies certain characteristics that distinguish it from other indexes attempting to cover the same industry.
Key defining factors include:
RVEI embraces companies from around the world. As a result, the index reflects the different factors driving the ongoing development of the industry, including important growth opportunities in key middle income markets.
RVEI strives to include all companies over a certain size that are significant participants in the global natural resources industry. RVEI is an investable index that includes companies engaged in six commodity sectors: energy, agriculture, base and industrial metals, precious metals, forest products and alternative resources (water and renewable energy).
RVEI includes only companies which are principally engaged in the production of commodities and related activities and must derive more than 50% of their annual revenues from approved revenue sources.
RVEI depends on a clearly defined rules-based methodology, which is overseen by an impartial Index Committee. Little discretion is exercised in compiling the Index and a pre-defined screening protocol assures a consistent, transparent and arms-length compilation process.
RVEI is supported by extensive data, including the wide dissemination of real time prices, extensive historic data and important information about constituent stocks.