Exhibit (a) (16)
XXX XXX FUNDS
AMENDMENT NO.15
TO AMENDED AND RESTATED MASTER TRUST AGREEMENT
Amendment No. 15 to the Amended and Restated Master Trust Agreement dated
February 6, 1992 (amending the Master Trust Agreement dated April 3, 1985), as
amended (the "Agreement"), of Van Eck Funds (the "Trust"), made at New York, New
York, this 24th day of August 2001.
WITNESSETH:
WHEREAS, Article VII, Section 7.3 of the Agreement provides that the
Agreement may be amended from time to time, as long as such amendment does not
adversely affect the rights of any shareholder, and as long as such amendment is
not in contravention of applicable law, including the Investment Company Act of
1940, as amended, by an instrument in writing, signed by an officer of the Trust
pursuant to a vote of a majority of the Trustees of the Trust; and
WHEREAS, Article IV, Section 4.1 of the Agreement provides that the
Trustees of the Trust may establish and designate series of Shares
("Sub-Trusts") of the Trust and classes thereof; and
WHEREAS, a majority of the Trustees have voted to liquidate the Natural
Resources Fund, and
WHEREAS, a majority of the Trustees have voted to change the name
"Emerging Markets Vision Fund" to the "Troika Dialog Fund.
WHEREAS, a majority of Trustees have duly approved these amendments to the
Agreement and authorized the same to be filed with the Secretary of State of the
Commonwealth of Massachusetts.
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NOW, THEREFORE, the undersigned, Xxxxxx Xxxxxx, the duly elected and
serving Secretary of the Trust, pursuant to the authorizations described above,
hereby declares that the initial paragraph of Article IV, Section 4.2 of the
Agreement is amended to read in entirety as follows:
"Section 4.2 ESTABLISHMENT AND DESIGNATION OF SUB-TRUSTS. Without limiting
the authority of the Trustees set forth in Section 4.1 to establish and
designate any further Sub-Trusts, the Trustees hereby establish and
designate the followings even Sub-Trusts: Asia Dynasty Fund (Class A and
Class B), Troika Dialog Fund (Class A), Global Leaders Fund (Class A and
Class B), Global Hard Assets Fund (Class A, Class B and Class C),
International Investors Gold Fund (Class A) and U.S. Government Money
Fund. Shares of such Sub-Trusts and any Shares of any further Sub-Trusts
that may from time to time be established and designated by the Trustees
shall (unless the Trustees otherwise determine with respect to some
further Sub-Trust at the time of establishing and designating the same)
have the following relative rights and preferences:"
WITNESS my hand and seal this 24th day of August 2001.
/s/ Xxxxxx Xxxxxx (SEAL)
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Xxxxxx Xxxxxx, Secretary
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STATE OF NEW YORK )
)
COUNTY OF QUEENS )
Then personally appeared the above-named Xxxxxx Xxxxxx and acknowledged
this instrument to be his free act and deed this 24th Day of August 2001
/s/ Xxxxxx X. Xxxxxxx
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Notary Public
XXXXXX X. XXXXXXX
NOTARY PUBLIC, STATE OF NEW YORK
No. 01EM5077310
Qualified in Queens County
COMMISSION EXPIRES MAY 5, 2003
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