<?xml version="1.0" encoding="UTF-8"?>

<!--XBRL Document Created with the Workiva Platform-->
<!--Copyright 2026 Workiva-->
<!--r:01a131f9-b1a7-7901-bb5b-ea4590c23edf,g:b6e9203c-2dd1-4049-9d33-2fa21204270d-->
<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:roleRef roleURI="http://xbrl.sec.gov/rr/role/RiskReturn" xlink:type="simple" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#RiskReturn"/>
  <link:presentationLink xlink:role="http://xbrl.sec.gov/rr/role/RiskReturn" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityDomain" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityDomain"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_S000109489Member" xlink:href="ck0000768847-20261014.xsd#ck0000768847_S000109489Member"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityDomain" xlink:to="loc_ck0000768847_S000109489Member" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://xbrl.sec.gov/rr/role/FeesAndExpenses" xlink:type="simple" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#FeesAndExpenses"/>
  <link:presentationLink xlink:role="http://xbrl.sec.gov/rr/role/FeesAndExpenses" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityDomain" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityDomain"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_S000109489Member" xlink:href="ck0000768847-20261014.xsd#ck0000768847_S000109489Member"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityDomain" xlink:to="loc_ck0000768847_S000109489Member" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://xbrl.sec.gov/rr/role/ShareholderFeesData" xlink:type="simple" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#ShareholderFeesData"/>
  <link:presentationLink xlink:role="http://xbrl.sec.gov/rr/role/ShareholderFeesData" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_oef_ShareClassDomain" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ShareClassDomain"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_C000280614Member" xlink:href="ck0000768847-20261014.xsd#ck0000768847_C000280614Member"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_ShareClassDomain" xlink:to="loc_ck0000768847_C000280614Member" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityDomain" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityDomain"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_S000109489Member" xlink:href="ck0000768847-20261014.xsd#ck0000768847_S000109489Member"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityDomain" xlink:to="loc_ck0000768847_S000109489Member" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://xbrl.sec.gov/rr/role/OperatingExpensesData" xlink:type="simple" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#OperatingExpensesData"/>
  <link:presentationLink xlink:role="http://xbrl.sec.gov/rr/role/OperatingExpensesData" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_oef_ShareClassDomain" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ShareClassDomain"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_C000280614Member" xlink:href="ck0000768847-20261014.xsd#ck0000768847_C000280614Member"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_ShareClassDomain" xlink:to="loc_ck0000768847_C000280614Member" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityDomain" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityDomain"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_S000109489Member" xlink:href="ck0000768847-20261014.xsd#ck0000768847_S000109489Member"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityDomain" xlink:to="loc_ck0000768847_S000109489Member" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://xbrl.sec.gov/rr/role/ExpenseExample" xlink:type="simple" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#ExpenseExample"/>
  <link:presentationLink xlink:role="http://xbrl.sec.gov/rr/role/ExpenseExample" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_oef_ShareClassDomain" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_ShareClassDomain"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_C000280614Member" xlink:href="ck0000768847-20261014.xsd#ck0000768847_C000280614Member"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_ShareClassDomain" xlink:to="loc_ck0000768847_C000280614Member" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityDomain" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityDomain"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_S000109489Member" xlink:href="ck0000768847-20261014.xsd#ck0000768847_S000109489Member"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityDomain" xlink:to="loc_ck0000768847_S000109489Member" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://xbrl.sec.gov/rr/role/InvestmentStrategy" xlink:type="simple" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#InvestmentStrategy"/>
  <link:presentationLink xlink:role="http://xbrl.sec.gov/rr/role/InvestmentStrategy" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityDomain" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityDomain"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_S000109489Member" xlink:href="ck0000768847-20261014.xsd#ck0000768847_S000109489Member"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityDomain" xlink:to="loc_ck0000768847_S000109489Member" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://xbrl.sec.gov/rr/role/InvestmentRisks" xlink:type="simple" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#InvestmentRisks"/>
  <link:presentationLink xlink:role="http://xbrl.sec.gov/rr/role/InvestmentRisks" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_oef_AllRisksMember" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_AllRisksMember"/>
    <link:loc xlink:type="locator" xlink:label="loc_oef_RiskNotInsuredDepositoryInstitutionMember" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_RiskNotInsuredDepositoryInstitutionMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_oef_RiskNotInsuredDepositoryInstitutionMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_FundOfFundsRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_FundOfFundsRiskMember"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_FundOfFundsRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_EquitySecuritiesRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_EquitySecuritiesRiskMember"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_EquitySecuritiesRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_ForeignSecuritiesRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_ForeignSecuritiesRiskMember"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_ForeignSecuritiesRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_EmergingMarketIssuersRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_EmergingMarketIssuersRiskMember"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_EmergingMarketIssuersRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_EmergingMarketIssuersRiskSecuritiesMarketRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_EmergingMarketIssuersRiskSecuritiesMarketRiskMember"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_EmergingMarketIssuersRiskSecuritiesMarketRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_EmergingMarketIssuersRiskPoliticalAndEconomicRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_EmergingMarketIssuersRiskPoliticalAndEconomicRiskMember"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_EmergingMarketIssuersRiskPoliticalAndEconomicRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_EmergingMarketIssuersRiskInvestmentAndRepatriationRestrictionsRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_EmergingMarketIssuersRiskInvestmentAndRepatriationRestrictionsRiskMember"/>
    <link:presentationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_EmergingMarketIssuersRiskInvestmentAndRepatriationRestrictionsRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_EmergingMarketIssuersRiskLimitedDisclosureAboutEmergingMarketIssuersRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_EmergingMarketIssuersRiskLimitedDisclosureAboutEmergingMarketIssuersRiskMember"/>
    <link:presentationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_EmergingMarketIssuersRiskLimitedDisclosureAboutEmergingMarketIssuersRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_EmergingMarketIssuersRiskOperationalAndSettlementRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_EmergingMarketIssuersRiskOperationalAndSettlementRiskMember"/>
    <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_EmergingMarketIssuersRiskOperationalAndSettlementRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_EmergingMarketIssuersRiskCorporateAndSecuritiesLawsRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_EmergingMarketIssuersRiskCorporateAndSecuritiesLawsRiskMember"/>
    <link:presentationArc order="11" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_EmergingMarketIssuersRiskCorporateAndSecuritiesLawsRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_CreditRisk1Member" xlink:href="ck0000768847-20261014.xsd#ck0000768847_CreditRisk1Member"/>
    <link:presentationArc order="12" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_CreditRisk1Member" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_InterestRateRisk1Member" xlink:href="ck0000768847-20261014.xsd#ck0000768847_InterestRateRisk1Member"/>
    <link:presentationArc order="13" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_InterestRateRisk1Member" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_CallRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_CallRiskMember"/>
    <link:presentationArc order="14" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_CallRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_CommoditiesRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_CommoditiesRiskMember"/>
    <link:presentationArc order="15" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_CommoditiesRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_UnderlyingETPsRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_UnderlyingETPsRiskMember"/>
    <link:presentationArc order="16" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_UnderlyingETPsRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_UnderlyingETPsRiskETPRelatedEquitySecuritiesRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_UnderlyingETPsRiskETPRelatedEquitySecuritiesRiskMember"/>
    <link:presentationArc order="17" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_UnderlyingETPsRiskETPRelatedEquitySecuritiesRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_UnderlyingETPsRiskForeignSecuritiesRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_UnderlyingETPsRiskForeignSecuritiesRiskMember"/>
    <link:presentationArc order="18" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_UnderlyingETPsRiskForeignSecuritiesRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_UnderlyingETPsRiskRiskOfInvestingInEmergingMarketIssuersRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_UnderlyingETPsRiskRiskOfInvestingInEmergingMarketIssuersRiskMember"/>
    <link:presentationArc order="19" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_UnderlyingETPsRiskRiskOfInvestingInEmergingMarketIssuersRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_UnderlyingETPsRiskUnderlyingETPRelatedForeignCurrencyRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_UnderlyingETPsRiskUnderlyingETPRelatedForeignCurrencyRiskMember"/>
    <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_UnderlyingETPsRiskUnderlyingETPRelatedForeignCurrencyRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_UnderlyingETPsRiskCLORiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_UnderlyingETPsRiskCLORiskMember"/>
    <link:presentationArc order="21" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_UnderlyingETPsRiskCLORiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_UnderlyingETPsRiskCreditRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_UnderlyingETPsRiskCreditRiskMember"/>
    <link:presentationArc order="22" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_UnderlyingETPsRiskCreditRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_UnderlyingETPsRiskHighYieldSecuritiesRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_UnderlyingETPsRiskHighYieldSecuritiesRiskMember"/>
    <link:presentationArc order="23" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_UnderlyingETPsRiskHighYieldSecuritiesRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_UnderlyingETPsRiskInterestRateRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_UnderlyingETPsRiskInterestRateRiskMember"/>
    <link:presentationArc order="24" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_UnderlyingETPsRiskInterestRateRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_UnderlyingETPsRiskCallRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_UnderlyingETPsRiskCallRiskMember"/>
    <link:presentationArc order="25" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_UnderlyingETPsRiskCallRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_UnderlyingETPsRiskSovereignBondRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_UnderlyingETPsRiskSovereignBondRiskMember"/>
    <link:presentationArc order="26" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_UnderlyingETPsRiskSovereignBondRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_UnderlyingETPsRiskU.S.GovernmentSecuritiesRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_UnderlyingETPsRiskU.S.GovernmentSecuritiesRiskMember"/>
    <link:presentationArc order="27" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_UnderlyingETPsRiskU.S.GovernmentSecuritiesRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_UnderlyingETPsRiskU.S.TreasurySecuritiesRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_UnderlyingETPsRiskU.S.TreasurySecuritiesRiskMember"/>
    <link:presentationArc order="28" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_UnderlyingETPsRiskU.S.TreasurySecuritiesRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_UnderlyingETPsRiskCommoditiesRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_UnderlyingETPsRiskCommoditiesRiskMember"/>
    <link:presentationArc order="29" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_UnderlyingETPsRiskCommoditiesRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_UnderlyingETPsRiskDigitalAssetInstrumentsRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_UnderlyingETPsRiskDigitalAssetInstrumentsRiskMember"/>
    <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_UnderlyingETPsRiskDigitalAssetInstrumentsRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_UnderlyingETPsRiskRiskOfInvestingInGoldMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_UnderlyingETPsRiskRiskOfInvestingInGoldMember"/>
    <link:presentationArc order="31" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_UnderlyingETPsRiskRiskOfInvestingInGoldMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_UnderlyingETPsRiskNaturalResourcesCompaniesRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_UnderlyingETPsRiskNaturalResourcesCompaniesRiskMember"/>
    <link:presentationArc order="32" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_UnderlyingETPsRiskNaturalResourcesCompaniesRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_UnderlyingETPsRiskRiskOfInvestingInMLPsMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_UnderlyingETPsRiskRiskOfInvestingInMLPsMember"/>
    <link:presentationArc order="33" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_UnderlyingETPsRiskRiskOfInvestingInMLPsMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_UnderlyingETPsRiskLargeCapitalizationCompaniesRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_UnderlyingETPsRiskLargeCapitalizationCompaniesRiskMember"/>
    <link:presentationArc order="34" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_UnderlyingETPsRiskLargeCapitalizationCompaniesRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_UnderlyingETPsRiskSmallAndMediumCapitalizationCompaniesRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_UnderlyingETPsRiskSmallAndMediumCapitalizationCompaniesRiskMember"/>
    <link:presentationArc order="35" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_UnderlyingETPsRiskSmallAndMediumCapitalizationCompaniesRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_UnderlyingETPsRiskDerivativesRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_UnderlyingETPsRiskDerivativesRiskMember"/>
    <link:presentationArc order="36" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_UnderlyingETPsRiskDerivativesRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_ConcentrationRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_ConcentrationRiskMember"/>
    <link:presentationArc order="37" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_ConcentrationRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_UnderlyingETPsRiskRiskOfInvestingInBDCsMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_UnderlyingETPsRiskRiskOfInvestingInBDCsMember"/>
    <link:presentationArc order="38" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_UnderlyingETPsRiskRiskOfInvestingInBDCsMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_InvestingInETPsRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_InvestingInETPsRiskMember"/>
    <link:presentationArc order="39" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_InvestingInETPsRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_DepositaryReceiptsRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_DepositaryReceiptsRiskMember"/>
    <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_DepositaryReceiptsRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_LargeCapitalizationCompaniesRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_LargeCapitalizationCompaniesRiskMember"/>
    <link:presentationArc order="41" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_LargeCapitalizationCompaniesRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_SmallAndMediumCapitalizationCompaniesRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_SmallAndMediumCapitalizationCompaniesRiskMember"/>
    <link:presentationArc order="42" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_SmallAndMediumCapitalizationCompaniesRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_InformationTechnologySectorRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_InformationTechnologySectorRiskMember"/>
    <link:presentationArc order="43" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_InformationTechnologySectorRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_MarketRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_MarketRiskMember"/>
    <link:presentationArc order="44" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_MarketRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_oef_RiskLoseMoneyMember" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_RiskLoseMoneyMember"/>
    <link:presentationArc order="45" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_oef_RiskLoseMoneyMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_HighPortfolioTurnoverRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_HighPortfolioTurnoverRiskMember"/>
    <link:presentationArc order="46" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_HighPortfolioTurnoverRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_DataRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_DataRiskMember"/>
    <link:presentationArc order="47" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_DataRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_CashTransactionsRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_CashTransactionsRiskMember"/>
    <link:presentationArc order="48" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_CashTransactionsRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_OperationalRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_OperationalRiskMember"/>
    <link:presentationArc order="49" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_OperationalRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_ActiveManagementRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_ActiveManagementRiskMember"/>
    <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_ActiveManagementRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_AuthorizedParticipantConcentrationRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_AuthorizedParticipantConcentrationRiskMember"/>
    <link:presentationArc order="51" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_AuthorizedParticipantConcentrationRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_SeedInvestorRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_SeedInvestorRiskMember"/>
    <link:presentationArc order="52" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_SeedInvestorRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_NewFundRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_NewFundRiskMember"/>
    <link:presentationArc order="53" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_NewFundRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_NoGuaranteeOfActiveTradingMarketRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_NoGuaranteeOfActiveTradingMarketRiskMember"/>
    <link:presentationArc order="54" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_NoGuaranteeOfActiveTradingMarketRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_TradingIssuesRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_TradingIssuesRiskMember"/>
    <link:presentationArc order="55" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_TradingIssuesRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_FundSharesTradingPremiumDiscountRiskAndLiquidityOfFundSharesRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_FundSharesTradingPremiumDiscountRiskAndLiquidityOfFundSharesRiskMember"/>
    <link:presentationArc order="56" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_FundSharesTradingPremiumDiscountRiskAndLiquidityOfFundSharesRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_AffiliatedFundRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_AffiliatedFundRiskMember"/>
    <link:presentationArc order="57" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_AffiliatedFundRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_oef_RiskNondiversifiedStatusMember" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#oef_RiskNondiversifiedStatusMember"/>
    <link:presentationArc order="58" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_oef_RiskNondiversifiedStatusMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_SubsidiaryInvestmentRiskMember" xlink:href="ck0000768847-20261014.xsd#ck0000768847_SubsidiaryInvestmentRiskMember"/>
    <link:presentationArc order="59" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_oef_AllRisksMember" xlink:to="loc_ck0000768847_SubsidiaryInvestmentRiskMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityDomain" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityDomain"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_S000109489Member" xlink:href="ck0000768847-20261014.xsd#ck0000768847_S000109489Member"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityDomain" xlink:to="loc_ck0000768847_S000109489Member" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://xbrl.sec.gov/rr/role/PerformanceManagement" xlink:type="simple" xlink:href="https://xbrl.sec.gov/oef/2026/oef-2026.xsd#PerformanceManagement"/>
  <link:presentationLink xlink:role="http://xbrl.sec.gov/rr/role/PerformanceManagement" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityDomain" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityDomain"/>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_S000109489Member" xlink:href="ck0000768847-20261014.xsd#ck0000768847_S000109489Member"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityDomain" xlink:to="loc_ck0000768847_S000109489Member" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/>
  </link:presentationLink>
</link:linkbase>
