VAN ECK FUNDS
AMENDMENT NO. 3
TO AMENDED AND RESTATED MASTER TRUST AGREEMENT
Amendment No. 3 to the Amended and Restated Master Trust Agreement dated
February 6, 1992 (amending the Master Trust Agreement dated April 3, 1985) (the
"Agreement"), of Van Eck Funds (the "Trust"), made at New York, New York this
16th day of December, 1993.
W I T N E S S E T H:
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WHEREAS, 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 so long as such amendment is not in
contravention of applicable law, including the Investment Company Act of 1940,
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, Section 4.1 of the Agreement provides that the Trustees of the
Trust may establish and designate series of Shares of the Trust and classes
thereof; and
WHEREAS, a majority of the Trustees of the Trust have voted to establish
two classes of shares of the Asia Dynasty Fund, which classes are designated as
Class A and Class B; and
WHEREAS, a majority of the Trustees of the Trust have voted to establish a
new series of the Trust, which series is designated as the Global Balanced Fund,
and to establish two classes of shares thereof, which classes are designated as
Class A and Class B; and
WHEREAS, a majority of Trustees have duly approved this amendment to the
Agreement and authorized the same to be filed with the Secretary of State of the
Commonwealth of Massachusetts.
NOW, THEREFORE, the undersigned Xxxxxxx X. Xxxxxxx the duly elected and
serving Vice President of the Trust, pursuant to the authorization described
above, hereby declares that the initial paragraph of Section 4.2 of the
Agreement is amendment to add additional Sub-Trusts and to read as follows:
"Section 4.2 Establishment and Description of Sub-Trusts. Without
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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 twenty-one Sub-Trusts: World Trends Fund,
Gold/Resources Fund, U.S. Government Money Fund, World Income Fund,
International Growth Fund, International Investors Gold Fund, Asia
Dynasty Fund (Class A and Class B), Global Balanced Fund (Class A and
Class B), World High Income Trust, World Income Plus Fund, Strategic
World Income Fund, Global 500 Trust, Global 500 Income Trust, American
Trust, American Growth Trust, Balanced Growth Trust, Flexible Income
Trust, U.S./Global Short-Term Trust, International Asset Allocation
Trust, and Foreign Currency Trust. The World Trends Fund,
Gold/Resources Fund, U.S. Government Money Fund, World Income Fund,
International Growth Fund, International Investors Gold Fund, Asia
Dynasty Fund (Class A and Class B), Global Balanced Fund (Class A and
Class B), World High Income Trust, World Income Plus Fund, Strategic
World Income Fund, Global 500 Trust, Global 500 Income Trust, American
Trust, American Growth Trust, Balanced Growth Trust, Flexible Income
Trust, U.S./Global Short-Term Trust, International Asset Allocation
Trust, and Foreign Currency Trust 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 16th day of December, 1993.
/s/ Xxxxxxxx Xxxxxxxxxxx
Xxxxxxxx Xxxxxxxxxxx, Vice President
STATE OF NEW YORK )
)
COUNTY OF NEW YORK )
Then personally appeared the above-named Xxxxxxxx Xxxxxxxxxxx and
acknowledged this instrument to be his free act and deed this 15th day of
December, 1993.
/s/ Xxxxx X. Xxxxx
Notary Public
My Commission Expires: 12/31/93
