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Van Eck Funds – ‘485APOS’ on 3/1/99 – EX-99.6D

As of:  Monday, 3/1/99   ·   Accession #:  950130-99-1141   ·   File #s:  2-97596, 811-04297

Previous ‘485APOS’:  ‘485APOS’ on 3/18/97   ·   Next:  ‘485APOS’ on 8/16/99   ·   Latest:  ‘485APOS’ on 7/22/21   ·   8 References:   

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  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 3/01/99  Van Eck Funds                     485APOS               67:1.3M                                   Donnelley R R & S… 02/FA

Post-Effective Amendment
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 485APOS     Van Eck Funds                                        117    573K 
60: EX-27.1   ƒ Financial Data Schedule                                2     21K 
61: EX-27.2     Financial Data Schedule                                2     21K 
62: EX-27.3     Financial Data Schedule                                2     21K 
63: EX-27.4     Financial Data Schedule                                2     21K 
64: EX-27.5     Financial Data Schedule                                2     21K 
65: EX-27.6     Financial Data Schedule                                2     21K 
66: EX-27.7     Financial Data Schedule                                2     21K 
67: EX-27.8     Financial Data Schedule                                2     21K 
50: EX-99.10.10  Opinion of Goodwin, Proctor & Hoar-Class B Global     1     21K 
                          Har                                                    
45: EX-99.10.2  Opinion of Goodwin, Proctor & Hoar W/Respect to        1     20K 
                          Gold/                                                  
46: EX-99.10.4  Opinion of Goodwin, Proctor & Hoar-Int'L.              1     20K 
                          Investors                                              
47: EX-99.10.5  Opinion of Goodwin, Proctor & Hoar-Asia Dynasty        1     22K 
                          Fund                                                   
48: EX-99.10.6  Opinion of Goodwin, Proctor & Hoar-Class B Asia        2±    22K 
                          Dynas                                                  
49: EX-99.10.8  Opinion of Goodwin, Proctor & Hoar-Global Hard         1     21K 
                          Assets                                                 
51: EX-99.11    Consent of Independent Accountants                     1     19K 
52: EX-99.14C   Registrant's Form of Simplified Employee Plan         29     56K 
53: EX-99.14D   Amendments to the Retirement Plan for Self-Employe    88    175K 
54: EX-99.15A2  Plan of Distribution W/Respect to Asia Dynasty Fun     7     38K 
55: EX-99.15A3  Plan of Distribution W/Respect to Class B-Asia Dyn    12     57K 
56: EX-99.15A5  Plan of Distribution Pursuant to Rule 12B-1 Class      5     37K 
                          C                                                      
57: EX-99.15A6  Plan of Distribution to Rule 12B-1 (Global Hard        3     22K 
                          Ass                                                    
58: EX-99.15A8  Plan of Distribution Pursuant to Rule 12B-1 (Class     5     35K 
                          B                                                      
59: EX-99.18    Power of Attorney                                      1     20K 
 2: EX-99.1A1   Master Trust Agreement                                31    114K 
 3: EX-99.1A2   Amendment No. 1 to Master Trust Agreement              2     19K 
 4: EX-99.1A3   Amendment No. 2 to Master Trust Agreement              2     19K 
 5: EX-99.1A4   Amendment No. 3 to Master Trust Agreement              2     20K 
 6: EX-99.1A5   Amendment No. 4 to Master Trust Agreement              2     20K 
 7: EX-99.1A6   Amendment No. 5 to Master Trust Agreement              2     20K 
 8: EX-99.1A7   Amendment No. 6 to Master Trust Agreement              4     25K 
 9: EX-99.1A8   Amendment No. 7 to Master Trust Agreement              3     21K 
10: EX-99.1B1   Amended and Restated Master Trust Agreement           35    128K 
19: EX-99.1B10  Amendment No. 9 to Amended & Restated Master Trust     2     23K 
                          Ag                                                     
11: EX-99.1B2   Amended and Restated Master Trust Agreement            3     22K 
12: EX-99.1B3   Amendment No. 2 to Amended & Restated Master Trust     2     22K 
                          Ag                                                     
13: EX-99.1B4   Amendment No. 3 to Amended & Restated Master Trust     2     23K 
                          Ag                                                     
14: EX-99.1B5   Amendment No. 4 to Amended & Restated Master Trust     3     25K 
                          Ag                                                     
15: EX-99.1B6   Amendment No. 5 to Amended & Restated Master Trust     5     31K 
                          Ag                                                     
16: EX-99.1B7   Amendment No. 6 to Amended & Restated Master Trust     5     30K 
                          Ag                                                     
17: EX-99.1B8   Amendment No. 7 to Amended & Restated Master Trust     2     23K 
                          Ag                                                     
18: EX-99.1B9   Amendment No. 8 to Amended & Restated Master Trust     4     29K 
                          Ag                                                     
20: EX-99.2     By-Laws of Van Eck Funds                               7     34K 
21: EX-99.5A    Advisory Agreement                                    10     41K 
22: EX-99.5B1   Letter Agreement to Add Gold/Resources Fund            2     20K 
23: EX-99.5C    Form of Advisory Agreement                             7     37K 
24: EX-99.5D    Advisory Agreement Between Van Eck                     9     39K 
25: EX-99.5E2   Letter Agreement to Add Gold/Resources Fund & Inte     1     20K 
26: EX-99.5F    Advisory Agreement Between Van Eck Associates & in    11     46K 
27: EX-99.5G    Sub-Investment Advisory Agreement                      9     54K 
28: EX-99.6A    Distribution Agreement                                 7     38K 
29: EX-99.6B1   Letter Agreement to Add Gold/Resources Fund & U.S.     2     21K 
                          Go                                                     
30: EX-99.6B3   Form of Van Eck Funds                                  1     20K 
31: EX-99.6C2   Letter Agreement to Add Global Hard Assets Fund        1     20K 
32: EX-99.6C3   Letter Agreement to Add Global Hard Assets Fund        1     20K 
33: EX-99.6D    Amendment to Form of Selling Group Agreement           4     39K 
34: EX-99.6E    Selling Group Agreement                                7     38K 
35: EX-99.7     Deferred Fee Agreement                                 3     32K 
36: EX-99.8A    Global Custody Agreement                              22     93K 
37: EX-99.8B    Global Custody Agreement                              22     92K 
38: EX-99.9A    Procedural Agreement Among Merrill Lynch Futures      54    124K 
39: EX-99.9B    Commodity Customer's Agreement                        14±    65K 
40: EX-99.9C    Agreement & Plan of Redomicile & Reorganization        4     31K 
41: EX-99.9D    Form of Accounting & Administrative Services           6     39K 
                          Agreeme                                                
42: EX-99.9E    Accounting & Administrative Services Agreement         9     43K 
43: EX-99.9F2   Letter of Agreement to Add Gold/Resources Fund         3     23K 
44: EX-99.9F3   Letter Agreement to Add Global Hard Assets Fund        1     20K 


EX-99.6D   —   Amendment to Form of Selling Group Agreement
Exhibit Table of Contents

Page (sequential) | (alphabetic) Top
 
11st Page   -   Filing Submission
4Van Eck Funds
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VAN ECK SECURITIES CORPORATION 122 East 42nd Street, New York, New York 10168 (212) 687-5200 * Toll free (800) 221-2220 SELLING GROUP AGREEMENT FOR THE SALE OF SHARES OF INTERNATIONAL INVESTORS INCORPORATED AND VAN ECK FUNDS Dear Sirs: As national and international distributor of shares for, and as agent of, International Investors Incorporated and each of the series currently or hereafter established under the Van Eck Funds Master Trust Agreement (collectively, the "Funds"), we enclose a copy of the current prospectuses of the Funds and invite you to become a member of the Funds' Selling Group to offer shares in the Funds (the "Shares") upon the following terms: 1. In all sales of Shares through us we shall act as the Funds' agent. In all sales of Shares by you to your customers you shall act as dealer for your own account, and in no transaction shall you have any authority to act as agent of the Funds or as our agent. 2. The public offering price at which you may offer the Shares is the net asset value thereof, as computed from time to time, plus a selling commission, if any, as described in the prospectus currently in effect with respect to each of the Shares at the time of your offer. As compensation for each sale of Shares made by you, you will be allowed the discount, if any, on such Shares as described in the then current prospectus of the Fund whose Shares are sold. The current public offering prices of the Shares, commissions and discounts are set forth in Exhibit A hereto which exhibit may be amended from time to time by us upon notice to you. To the extent you provide distribution and marketing services in the promotion of Shares of the Gold/Resources Fund, U.S. Government Money Fund, World Trends Fund or World Income Fund of Van Eck Funds and each additional series of the Van Eck Funds hereafter established with a Plan of Distribution pursuant to Rule 12b-1 of the Investment Company Act of 1940 (the "Van Eck Funds"), we shall pay you an annual fee of 0.25% of the net asset value of Shares of each of such Van Eck Funds owned by those customers of your firm whose records, as maintained by Van Eck Funds or its agent, designate your firm as the customer's dealer of record. The 12b-1 compensation will be calculated by taking the average daily balance in each shareholder account during the year, for which your firm is designated as the dealer of record and multiplying it by the compensation factor of 25 basis points (0.25%). Distribution and marketing services include but are not limited to furnishing services and assistance to your customers who invest in and own Shares of such Van Eck Funds, answering routine inquiries, assisting in changing distribution options, account designations and addresses. No such fee will be paid to you with respect to Shares of such Van Eck Funds purchased by you and redeemed or repurchased by Van Eck Funds or by us as agent within seven (7) business days after the date of our confirmation of such purchase. No such fee will be paid to you if the total amount of such fees based upon the value of your customer's Shares will be less than $50.00. You shall furnish us and Van Eck Funds with such information as shall be reasonably requested by the Trustees of Van Eck Funds with respect to the fees paid to you. The provisions of this Paragraph may be terminated as to any of the Van Eck Funds by the vote of a majority of the Trustees of Van Eck Funds who are non-interested
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Trustees or by a vote of a majority of the outstanding shares of a Fund on sixty (60) days' written notice, without payment of any penalty. These provisions will also be terminated by any act which terminates either the Distribution Agreement between Van Eck Funds and Van Eck Securities Corporation or this Selling Group Agreement. The public offering prices, commissions and discounts may be revised by us at any time, but any change will not affect selling commissions and discounts on sales for which orders have been accepted by us. The Initial Offering of Shares of a Fund as defined in the prospectus for the Shares shall be on such terms as described in the then current prospectus of the Fund whose shares are being sold. In addition to the discounts, if any, allowed pursuant to the foregoing provisions of this Section 2, we may from time to time provide additional concessions to dealers which employ registered representatives who sell, during a specific period, a minimum dollar amount of the Shares of a Fund. Such additional concessions may take the form of merchandise or payment for travel expenses incurred in connection with trips taken by dealer designated persons. If non-cash concessions are provided, each dealer earning such a concession may elect to receive a cash amount equivalent to the cost of providing such concessions. Notice of availability of concessions will be given to you by us and if any concessions are earned by you, the value thereof is includable in your income for NASD assessment purposes. 3. You agree to purchase the Shares only through us or from your customers. In the case of purchases of Shares through us you agree that all such purchases shall be made only to cover purchase orders already received by you from your customers or for your own bona fide investment. In the case of purchases from customers you agree to pay not less than the repurchase price currently being quoted by the Funds. 4. You agree to sell Shares of a Fund only to customers and to us as agent of such Fund. In the case of sales to customers you agree to sell only at the public offering price then in effect with respect to such Shares and all such sales shall be in accordance with the then current prospectus for such Shares; to transmit promptly upon receipt any and all orders received by you (such orders must be received by us no later than 5:00 p.m. New York time); not to withhold placing customers' orders with us in order thereby to make a profit for yourself; and to take up and pay for Shares confirmed to you. In the case of sales to us you may act either as principal for your own account or as agent for your customer. If you act as principal for your own account in purchasing Shares for resale to us, you agree to pay your customer not less than you receive from us. If you act as agent for your customer in selling Shares to us, you agree not to charge your customer more than a fair commission for handling the transaction. Orders received for Shares of a Fund from you will be accepted by us for such Fund only at the public offering price applicable to each order, as established in accordance with the provisions of such Fund's then current prospectus. The procedure stated herein relating to the pricing and handling of orders shall be subject to instructions which we may forward from time to time to all members of the Selling Group. 5. If any Shares of a Fund confirmed to you under this agreement are repurchased by us as agent of a Fund, or are tendered for redemption, within seven business days after confirmation by us of the original purchase order or the Closing Date, as defined in a prospectus for a Fund, you shall forthwith refund to us for the account of such Fund the full discount allowed to you on the sale. We are obligated to pay to such Fund our share of the selling commission on such Shares and upon receipt by us of your discount to pay the same to such Fund. We shall notify you of such repurchase within ten days after the date on which each certificate or appropriate redemption or repurchase request is delivered to us or to such Fund. 6. You shall make all sales subject to our confirmation. All orders so placed shall be firm orders. All orders are subject to acceptance or rejection by us in our sole discretion, and by the Funds in their sole discretion. Please telephone "wire-orders" to Van Eck Securities Corporation (800) 221-2220, or in New York (212) 687-5200. "Direct-mail" orders should be sent to ATTN: "NAME OF FUND," DST Systems, Inc., 21 West Tenth Street, Kansas City, MO 64105. 7. Payment of the public offering price, less your dealer's discount, if any, for Shares ordered from us during a Continuous Offering of Shares of a Fund shall be made by check payable to International Investors Incorporated, or Van Eck Funds: "NAME OF FUND" in New York clearing house funds, which check should be sent to ATTN: "NAME OF FUND," DST Systems, Inc., 21 West Tenth Street, Kansas City, MO 64105, within five days after our
EX-99.6D3rd Page of 4TOC1stPreviousNextBottomJust 3rd
acceptance of your order or such lesser period as then may be permitted by law or regulation. If such payment is not received within said time period, interest at the prime rate in effect at Citibank N.A., may be added to the amount due us and we reserve the right without notice to cancel the sale or at our option to return the Shares to the issuer for redemption or repurchase. In the latter case we shall have the right to hold you responsible for any loss, including loss of profit, resulting to us. Should payment be made by check on your local bank, delivery of certificates may be delayed pending clearance of your check. Upon receipt of payment in conformity with the above, Shares so ordered will be issued in or transferred into such names as you may designate and forwarded as promptly as possible in accordance with your instructions. Payment for Shares purchased by you during an Initial Offering of Shares of a Fund shall be made on such date and in accordance with such terms as described in the then current prospectus of the Fund whose Shares are sold or as we may advise. 8. All sales through us shall be subject to the issuance of Shares to us by the Funds. We and the Funds reserve the right to suspend sales without notice, or to withdraw the offering of Shares entirely. 9. The Funds have authorized us as their agent and subject to their direction to repurchase Shares at the repurchase price currently being quoted by the Funds. This authority is supplementary to the obligation of the Funds to redeem Shares tendered them for redemption as described in the Funds' current prospectuses. No commissions are payable to us or by us in respect of any such repurchase by us as such agent. Please telephone "wire-order" liquidation requests to Van Eck Securities Corporation (800) 221-2220, or in New York (212) 687-5200 (such orders must be received by us no later than 5:00 p.m. New York time to obtain the redemption price for such day). "Direct-mail" liquidation requests should be sent to ATTN: "NAME OF FUND," DST Systems, Inc., 21 West Tenth Street, Kansas City, MO 64105. 10. We will notify you of each series, including the applicable discounts and commissions, established hereafter under the Van Eck Funds Master Trust Agreement which series shall thereupon be deemed one of the Funds and supply to you in reasonable quantities additional copies of any current prospectuses and such sales literature for the Funds as may from time to time be issued. You are not authorized to give any information other than that, or to make any representations other than those contained in the then currently effective registration statements or prospectuses or supplemental information thereto or in any sales literature then currently issued or approved by the Funds. 11. We represent that we are members of the National Association of Securities Dealers, Inc. Your acceptance of this agreement constitutes a representation to us that you are a properly registered or licensed broker or dealer under federal and state securities laws and regulations, and that you are a member of the National Association of Securities Dealers, Inc. and agree to be bound by the rules of such Association or if a foreign dealer, that if registered under the Securities Exchange Act of 1934, you will conform to the Rules of Fair Practice of said Association in making sales of Shares in the United States or, if not so registered, you will not sell or deliver Shares in the United States or to persons who you have reason to believe are citizens or residents of the United States. 12. You are not employed or retained for any purpose as broker, agent or employee by us or by the Funds, and you are not authorized in any manner to act for, or to make any representations on behalf of, us or the Funds. Nothing herein shall constitute you, other persons signing this agreement or the undersigned as partners; however, you agree to bear your proportionate share, if any, of any claim, demand or liability for transfer taxes asserted against you, such other persons or us based on the theory that you, such other persons and we or any two or more of us, constitute an association, unincorporated business or other entity, and your proportionate share of any expenses defending any such claim, demand or liability. 13. From time to time or upon application we will inform you as to the states in which the Funds' Shares have been qualified for sale. 14. Your first order placed with us for the purchase of Shares will represent your acceptance of this agreement. 15. All communications should be sent to us at the above address. Any notice to you shall be duly given if mailed or telegraphed to you at the address specified by you below.
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16. This agreement may be terminated by either of us at any time by written notice to the other and shall terminate automatically if either of us ceases to be a member of the National Association of Securities Dealers, Inc. 17. This agreement shall be governed by and interpreted in accordance with the laws of the state of New York. Very truly yours, VAN ECK SECURITIES CORPORATION Date:__________________ By:______________________________________________ We accept and agree to the terms and conditions set forth in this agreement and acknowledge receipt of the prospectuses enclosed herewith. Firm:____________________________________________ Date:__________________ By:______________________________________________ Address:_________________________________________ _________________________________________________ EXHIBIT A INTERNATIONAL INVESTORS INCORPORATED [Enlarge/Download Table] DISCOUNT TO SALES CHARGE AS A BROKER-DEALERS PERCENTAGE OF AS A PERCENTAGE -------------------- OFFERING NET AMOUNT OF THE PUBLIC DOLLAR AMOUNT OF PURCHASE PRICE INVESTED OFFERING PRICE ------------------------- -------- ---------- -------------- Less than $10,000...................................... 8.5% 9.3% 7.0% $10,000 to less than $25,000........................... 7.5% 8.1% 6.25% $25,000 to less than $50,000........................... 6.25% 6.7% 5.0% $50,000 to less than $100,000.......................... 5.0% 5.3% 4.0% $100,000 to less than $250,000 ....................... 3.5% 3.6% 2.8% $250,000 to less than $500,000 ....................... 2.5% 2.6% 2.0% $500,000 to less than $1,000,000 ..................... 2.0% 2.0% 1.6% $1,000,000 to less than $3,000,000..................... 1.0% 1.0% 0.8% $3,000,000 and......................................... 0.5% 0.5% 0.4% VAN ECK FUNDS WORLD TRENDS FUND, GOLD/RESOURCES AND WORLD INCOME FUND [Enlarge/Download Table] DISCOUNT TO* SALES CHARGE AS A BROKER-DEALERS PERCENTAGE OF AS A PERCENTAGE ------------------------ OFFERING NET AMOUNT OF THE PUBLIC DOLLAR AMOUNT OF PURCHASE PRICE INVESTED OFFERING PRICE ------------------------- ------- ---------- ----------------- Less than $10,000 .......................................... 7.5% 8.1% 6.0% $10,000 to less than $25,000 ............................... 6.25% 6.7% 5.0% $25,000 to less than $50,000 ............................... 5.0% 5.3% 4.0% $50,000 to less than $100,000 .............................. 4.0% 4.2% 3.2% $100,000 to less than $250,000 ............................. 3.0% 3.1% 2.4% $250,000 to less than $500,000 ............................. 2.5% 2.6% 2.0% $500,000 to less than $1,000,000 ........................... 2.0% 2.0% 1.6% $1,000.000 to less than $3,000,000 ......................... 1.0% 1.0% 0.8% $3,000,000 to less than $4,000,000 ......................... 0.5% 0.5% 0.4% $4,000,000 and over ........................................ -0- -0- -0- ------------ * With respect to purchases of World Income Fund shares and for the period beginning August 10, 1987 through October 30, 1987 all of the sales charge imposed will be reallowed to the applicable broker dealer. U.S. GOVERNMENT MONEY FUND No Sales Charge

8 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 4/26/23  VanEck Funds                      485BPOS     5/01/23   20:18M
 4/25/22  VanEck Funds                      485BPOS     5/01/22   22:14M
10/21/21  VanEck Funds                      485BPOS    10/21/21   20:6.7M
 7/22/21  VanEck Funds                      485APOS2/10/22    2:2.7M
 7/12/21  VanEck Funds                      485BPOS     7/12/21   16:6M
 6/21/21  VanEck Funds                      485APOS                1:2.7M
 4/28/21  VanEck Funds                      485BPOS     5/01/21   29:16M
 4/06/21  VanEck Funds                      485APOS4/06/21    2:2.6M
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