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Information contained herein may discuss Fund performance and holdings. Performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that an investor's shares, when redeemed, may be worth more or less than original cost. For performance current to the most recent month-end, please visit our website at www.merkfunds.com/fund. Through 06/30/2010, the Merk Asian Currency Fund Investor Shares had a 1-year return of -0.57%, and an annualized return of -2.09% since inception on 04/01/2008; through 06/30/2010 the Merk Hard Currency Fund Investor Shares had a 1-year return of +1.76%, a 3-year return of +3.50%, a 5-year return of +5.70% and an annualized return of +4.74% since inception on 5/10/2005. The Investor Share expense ratio of each Fund is 1.30%.

In addition, these article excerpts and hyperlinks reference individual securities that may or may not currently be held by the Fund. Click here to view important information about the Funds, including their holdings. The views in these article excerpts and hyperlinks were those of the Fund's manager as of each article's publication date and may be subject to change.

2010
Aug 11, 2010 On CNBC, portfolio manager Axel Merk explains the rise of the yen while making the bear case for the U.S. dollar
June 29, 2010 The eurozone is actively working to fix their debt concerns while the U.S. prints and spends more money, portfolio manager Axel Merk tells theStreet.com
June 10, 2010 Yahoo! Tech Ticker discusses "Unsustainable Budget Deficits" with portfolio manager Axel Merk
June 10, 2010 There's danger in keeping rates too low for too long, portfolio manager Axel Merk tells Yahoo! Tech Ticker
June 10, 2010 Yahoo! Tech Ticker discusses the "bull case" for the euro with portfolio manager Axel Merk
June 3, 2010 Portfolio manager Axel Merk discusses diversifying to hard currencies during volatile times with MarketWatch
May 24, 2010 Portfolio manager Axel Merk tells CNBC it is "more difficult to spend and print money" in the eurozone
May 17, 2010 In this CNBC interview segment on "anything but stocks", portfolio manager Axel Merk advocates diversifying to baskets of currencies to mitigate the risks of any one currency
May 5, 2010 Euro crisis or opportunity? Portfolio manager Axel Merk talks with CNBC's Maria Bartiromo
Apr 28, 2010 Portfolio manager Axel Merk tells Bloomberg TV Greece should be put into conservatorship
Apr 12, 2010 Portfolio manager Axel Merk discusses with Fox Business how investors may benefit from a stronger Chinese yuan
Apr 1, 2010 Morningstar provides overview of Merk Mutual Funds in interview with portfolio manager Axel Merk
Mar 31, 2010 In an exclusive interview, Morningstar asks portfolio manager Axel Merk whether the euro is structurally stronger than the U.S. dollar
Mar 31, 2010 Portfolio manager Axel Merk discusses the battle between inflationary and deflationary forces and their implications on currencies with Morningstar
Mar 24, 2010 CNBC's Larry Kudlow asks portfolio manager Axel Merk his thoughts on whether we have seen the bottom of the euro
Mar 17, 2010 Portfolio manager Axel Merk makes the Bull Case for the Euro to Yahoo Tech Ticker
Mar 17, 2010 A Strong Yuan is in China's Interest, portfolio manager Axel Merk tells Yahoo Tech Ticker
Mar 16, 2010 On Bloomberg TV, portfolio manager Axel Merk calls for China to allow the yuan to appreciate to curb domestic inflation
Mar 16, 2010 The euro may be a buying opportunity, portfolio manager Axel Merk tells CNBC
Mar 8, 2010 Portfolio manager Axel Merk discusses the possibility of a proposed European monetary fund with CNBC
Mar 8, 2010 Greece's cost of borrowing was too low last decade, portfolio manager Axel Merk tells CNBC
Mar 3, 2010 Buying the euro may be better value than buying U.S. stocks, portfolio manager Axel Merk tells CNBC.
Mar 2, 2010 Portfolio manager Axel Merk tells Bloomberg TV that fallout from Greece's financial woes may be overblown
Feb 17, 2010 Portfolio manager Axel Merk tells MarketWatch the euro may be more sound than the US dollar
Feb 11, 2010 Portfolio manager Axel Merk tells CNBC that the Euro may be an anchor of stability
Feb 8, 2010 EU Economies may be far more robust than the U.S., portfolio manager Axel Merk tells Bloomberg
   
2009
Dec 23, 2009 Portfolio manager Axel Merk discusses possible inflation hedges with CNBC
Dec 10, 2009 "The weak dollar is eroding the middle class," portfolio manager Axel Merk tells Fox Business
Nov 12, 2009 "U.S. actively working on weaker dollar," portfolio manager Axel Merk tells CNBC.
Oct 15, 2009 "The Fed may want a weaker dollar," portfolio manager Axel Merk tells CNBC.
Oct 8, 2009 As the U.S. dollar falls, portfolio manager Axel Merk tells that cash may no longer be a safe asset. Fox Business TV
Aug 28, 2009 We may be in bubble territory, portfolio manager Axel Merk tells Fox Business TV
Aug 25, 2009 Axel Merk discusses "Is reappointing Bernanke the right move?" on CNBC
Aug 12, 2009 CNBC Asia profiles the Merk Asian Currency Fund
Jun 23, 2009 An unsustainable recovery may depreciate the dollar, portfolio manager Axel Merk tells CNBC
Jun 23, 2009 U.S. dollar may weaken as U.S. balance sheet deteriorates, portfolio manager Axel Merk tells CNBC.
Jun 3, 2009 Hyperinflation? Fox's Neil Cavuto interviews portfolio manager Axel Merk
May 29, 2009 Portfolio manager Axel Merk discusses inflation hedges with Fox Business
May 27, 2009 Be weary of good news, portfolio manager Axel Merk tells CNBC
Apr 30, 2009 Fund managers catch flu, portfolio manager Axel Merk tells Fox Business.
Mar 26, 2009 Don't punish good taxpayers to help the bad, portfolio manager Axel Merk tells CNBC.
Mar 16, 2009 On Bloomberg TV, portfolio manager Axel Merk discusses the eeriness of China holding U.S. Treasury bonds.
Mar 05, 2009 Fix the U.S. before blaming China, portfolio manager Axel Merk tells FOX Business News.
Mar 04, 2009 Portfolio manager Axel Merk provides CNBC with 'Smart Money Currency Plays'
Feb 24, 2009 Portfolio manager Axel Merk tells CNBC that insolvent banks should be dismembered.
Feb 24, 2009 Portfolio manager Axel Merk explains why Bernanke may want a weaker dollar in this BNN interview.
Feb 24, 2009 FDIC must seize insolvent banks, portfolio manager Axel Merk tells Fox Business TV's Neil Cavuto.
Feb 24, 2009 Portfolio manager Axel Merk weighs gold versus shorting Treasuries with TheStreet.com TV.
Jan 22, 2009 Portfolio manager Axel Merk discusses how to be positioned defensively in this market with Bloomberg TV.
Jan 20, 2009 Duct tape won't fix the financial system, portfolio manager Axel Merk tells Fox Business TV.
Jan 15, 2009 Portfolio manager Axel Merk tells Fox Business TV that the government support of policies for banks is ineffective.
   
2008
Dec 22, 2008 Portfolio manager Axel Merk cautions on Bloomberg TV that risk aversion may increase in 2009.
Dec 17, 2008 Portfolio manager Axel Merk discusses the Fed's ability to print money with Neil Cavuto on Fox Business TV.
Dec 16, 2008 The Fed has more acronyms than staff members portfolio manager Axel Merk tell Fox Business News.
Dec 12, 2008 Portfolio manager Axel Merk cautions about the possibility of a disorderly decline in the dollar, in a Bloomberg interview.
Dec 10, 2008 Portfolio Manager Axel Merk discusses Canada and China on BNN.
Dec 4, 2008 Firms are switching into survival mode, portfolio manager Axel Merk tells CNBC Asia ahead of the unemployment report.
Dec 2, 2008 Portfolio manager Axel Merk discusses risk of inflation with Fox Business TV.
Nov 25, 2008 Fed's recent actions may jeopardize dollar, portfolio manager Axel Merk tells Neil Cavuto on Fox Business.
Nov 15, 2008 Portfolio manager Axel Merk tells Fox Business that Paulson has half a foot out the door already.
Nov 13, 2008 The Chinese seem to be actually selling the Dollar says Portfolio Manager Axel Merk on CNBC.
Nov 6, 2008 Portfolio manager Axel Merk tells Fox Bussiness TV that the Fed may "monetize the debt."
Oct 24, 2008 Portfolio Manager Axel Merk explains on CBS why there may be further pain ahead.
Oct 14, 2008 On Fox Business, Portfolio Manager Axel Merk joins Ron Paul in cautioning about the potential inflationary consequences of the government's injection of capital into financial institutions.
Oct 13, 2008 Chief Economist Joseph Brusuelas comments on the plan to bail out the banks one Fox Business TV.
Oct 3, 2008 On Fox Business TV Chief Economist Joseph Brusuelas talks about the deteriorating employment environment.
Oct 2, 2008 Portfolio Manager Axel Merk tells Fox Business TV that the bailout plan is wasting necessary firepower that may be needed in what is to come.
Sep 15, 2008 Fed should present blueprint on bailouts, Portfolio Manager Axel Merk tells Bloomberg TV.
Sep 10, 2008 Portfolio Manager Axel Merk tells Fox Business TV that his eleven year old son may know more about sound monetary policy than some policy makers.
Sep 10, 2008 On BNN Portfolio Manager Axel Merk cautions government bail outs may hurt the dollar.
Aug 27, 2008 Chief Economist Joseph Brusuelas tells Bloomberg that Fannie and Freddie need to be privatized.
Jul 21, 2008 Chief Economist Joseph Brusuelas comments on the difficult conditions in the market and the broader economy with MarketWatch.
Jul 9, 2008 On MarketWatch, Chief Economist Joseph Brusuelas talks about corporate earnings.
Jul 9, 2008 Chief Economist Joseph Brusuelas speaks with CNBC's Larry Kudlow on housing and the economy.
Jun 25, 2008 Bloomberg TV asks Portfolio Manager Axel Merk in which currency to invest based on the Fed's decision to leave interest rates unchanged in the U.S.
Jun 12, 2008 Portfolio Manager Axel Merk discusses implications of Lehman's woes for monetary policy on FoxBusinessTV.
Jun 12, 2008 The Euro may be on sale, Portfolio Manager Axel Merk tells CNBC Powerlunch.
Jun 11, 2008 On CNBC Squawk Box, Chief Economist Joseph Brusuelas tells of the improbability of Fed rate cuts in the future.
Jun 10, 2008 The Federal Reserve is bluffing, portfolio manager Axel Merk tells Bloomberg TV.
May 29, 2008 On MarketWatch Chief Economist Joseph Brusuelas talks about Weakness Inside Durable Goods Report.
May 16, 2008 On Bloomberg TV, portfolio manager Axel Merk warns about the 'carry trade'.
May 14, 2008 On Bloomberg TV Chief Economist Joseph Brusuelas talks on the CPI and the Fed.
Apr 30, 2008 Portfolio manager Axel Merk tells CNBC that the Fed may not be able to fight inflation without throwing the economy into a tailspin.
Apr 1, 2008 Portfolio Manager Axel Merk discusses initial currency allocations for Merk Asian Currency Fund on CNBC Powerlunch.
Mar 18, 2008 Portfolio manager Axel Merk explains why the Fed rate cut may cause more harm than good on BNN TV.
Mar 10, 2008 Portfolio manager Axel Merk provides an update on hard and Asian currencies to Bloomberg TV.
Feb 29, 2008 Portfolio manager Axel Merk tells Bloomberg TV how to diversify out of the dollar.
Feb 27, 2008 Portfolio manager Axel Merk tells BNN why the Fed is on the wrong path.
Feb 26, 2008 Axel Merk discusses the devaluation of the dollar with Peter Schiff on Fox Business TV.
Feb 26, 2008 Portfolio manager Axel Merk discusses the euro and Asian currencies on CNBC Power Lunch.
Jan 30, 2008 Portfolio manager Axel Merk explains on CNBC World how to interpret the ADP unemployment report.
Jan 25, 2008

In an interview with BNN, Axel Merk discusses how prudent investors and central bankers may want to behave in times of crisis.

Jan 25, 2008 Eroding confidence in the Federal Reserve may weigh on the dollar, portfolio manager Axel Merk tells CNBC Power Lunch.
Jan 3, 2008 CNBC PowerLunch discusses commodity prices and the dollar with portfolio manager Axel Merk.
   
2007
Dec 17, 2007 Portfolio Manager Axel Merk tells Fox Business TV that banks must move special investment vehicles (SIVs) onto their balance sheet to get through the crisis; he also discusses why fiscal conservatives like Ron Paul.
Dec 11, 2007 Portfolio manager Axel Merk tells Fox Business TV that cash may be king.
Dec 11, 2007 On CNBC's Power Lunch, Axel Merk discusses the implications Fed rate cut will have on the dollar.
Nov 27, 2007 Financial institutions may worsen the credit crunch by their actions, portfolio manager Axel Merk tells CNBC World.
Nov 19, 2007 Korelin Economic Report interviews portfolio manager Axel Merk.
Nov 8, 2007 On CNBC's Power Lunch, portfolio manager Axel Merk warns of more blood in the street.
Oct 24, 2007 Portfolio manager Axel Merk discusses how Merrill's woes relate to the dollar on Bloomberg TV.
Oct 24, 2007 Portfolio manager Axel Merk discusses how the global credit contraction affects the dollar on CNBC's Power Lunch.
Sep 26, 2007 Portfolio manager Axel Merk explains why the Fed rate may do more harm than good on Canada's BNN.
Sep 21, 2007 Portfolio manager Axel Merk criticizes the Fed rate cut on CNBC World.
Sep 13, 2007 BNN asks Portfolio Manager Axel Merk if the Canadian dollar will reach parity versus the U.S. dollar.
Aug 24, 2007 On CNBC Power Lunch, portfolio manager Axel Merk warns too much Federal Reserve intervention may lead to a planned economy.
Aug 23, 2007 Portfolio Manager Axel Merk says mortgage lender Countrywide has to get 'Drastically Smaller' on Bloomberg TV.
Aug 23, 2007 On CNBC World, Axel Merk cautions the storm may not be over.
Aug 17, 2007 CNBC's Power Lunch asks Axel Merk about the impact the discount rate cut has on the Dollar.
Jul 24, 2007 CNBC's Power Lunch interviews portfolio manager Axel Merk about the outlook on the dollar.
Jul 11, 2007 Portfolio Manager Axel Merk discusses the fallout from the sub-prime mortgage market to the Dollar on CNBC World.
Jun 28, 2007 Portfolio Manager Axel Merk gives an in-depth analysis of the economy as the Federal Reserve releases its decision on interest rates on BNN.
Jun 14, 2007 Portfolio manager Axel Merk gives his outlook on currencies on CNBC's Power Lunch.
Jun 1, 2007 On CNBC World, portfolio manager Axel Merk discusses the impact of the unemployment report on the dollar.
May 24, 2007 On CNBC World, portfolio manager Axel Merk discusses how the markets' lack of fear is fearful.
Apr 18, 2007 Bloomberg TV portrays Merk Hard Currency Fund as 'Best in Class'.
Apr 13, 2007 CNBC World discusses the melting dollar with Axel Merk.
Mar 22, 2007 Business News Network interviews portfolio manager Axel Merk about the Fed's negligence of its inflation mandate.
Mar 14, 2007 CNBC World discusses the strength of the euro with portfolio manager Axel Merk.
Feb 28, 2007 ROB TV interviews Axel Merk about recent market volatility.
Feb 22, 2007 CNBC Power Lunch discusses China's 1 trillion dollar in currency reserves with portfolio manager Axel Merk.
Feb 9, 2007 Bloomberg TV interviews portfolio manager Axel Merk .
Jan 19, 2007 CNBC World interviews Axel Merk about the outperformance of the euro versus the yen.
 
2006
Dec 28, 2006 In its 'Stars and Dogs' show, Canada's RobTV asks portfolio manager Axel Merk to discuss his outlook on the U.S. dollar, yen, euro and Canadian dollar.
Dec 19, 2006 CNBC Power Lunch interviews portfolio manager Axel Merk about turmoil caused by the Thailand's currency, the Thai Baht.
Nov 28, 2006 CNBC asks portfolio manager Axel Merk where to invest as the U.S. dollar falls.
Nov 28, 2006 Canada's RobTV discusses the falling dollar with portfolio manager Axel Merk.
Nov 20, 2006 CNBC quotes Axel Merk in a segment on "Red Sox Owner Strikes Out".
Nov 10, 2006 Bloomberg TV asks portfolio manager Axel Merk about forces behind the dollar's decline.
Nov 3, 2006 CNBC World interviews Axel Merk about the impact of the unemployment report on the dollar.
Oct 11, 2006 CNBC Asia discusses gold and the dollar with portfolio manager Axel Merk.
Sep 22, 2006 Portfolio manager Axel Merk discusses the impact of the US housing market on RobTV.
Aug 23, 2006 Portfolio manager Axel Merk discusses relationship between the slowdown of the housing market and the dollar on Bloomberg TV.
Aug 17, 2006 Axel Merk discusses implications of a slowing housing market for the dollar on CNBC World.
Jul 6, 2006 CNBC Squawk Box asks portfolio manager Axel Merk about "cash & currency investing" during uncertain times.
Jul 5, 2006 Portfolio manager Axel Merk discusses dollar on CNBC World.
Jun 8, 2006 Axel Merk comments on Canadian Dollar on Canada's ROBTv .
Jun 7, 2006 CNBC World interviews Axel Merk about the Fed and the interest rate outlook.
May 24, 2006 Bloomberg TV interviews portfolio manager Axel Merk about the Merk Hard Currency Fund.
May 15, 2006 Bloomberg TV interviews portfolio manager Axel Merk about the outlook of the price of gold.
May 11, 2006 Bloomberg TV discusses with portfolio Manager Axel Merk the drivers behind the rise of gold and fall of the dollar.
May 4, 2006 CNBC Squawk Box invites Axel Merk to comment on the falling dollar and the rise of gold.
May 4, 2006 CNBC World interviews portfolio manager Axel Merk about the pressures on the dollar.
Feb 13, 2006 Bloomberg TV interviews portfolio manager Axel Merk on his views on Federal Reserve Chairman Bernanke.
   
2005
Dec 7, 2005 CNBC interviews Axel Merk about consumer behavior and the dollar.
Dec 6, 2005 ForexTV.com has an in-depth interview with portfolio manager Axel Merk.
Sep 21, 2005 CNBC interviews Axel Merk on what impact hurricane Katrina has on inflation and the dollar.
Sep 21, 2005 ForexTV.com interviews Axel Merk; the interview was featured on smartmoney.com.
Jun 10, 2005 CNBC Wake Up Call's Manuela Caruso invites Axel Merk to give a perspective of the trade balance to be released later in the day.
May 17, 2005 Upon the widely anticipated Report of the Treasury Department, CNBC Street Signs' Ron Insana asks Axel Merk whether China is illegally subsidizing its currency.

 

The views in these press releases, media interviews or hyperlinks were those of the Fund manager as of the date of release or date of interview and such views may be subject to change.

Links provided on this page point to third party sites. Merk Investments has no control over the content of these sites.

 

Before investing you should carefully consider the Fund's investment objectives, risks, charges and expenses. This and other information is in the prospectus, a copy of which may be obtained by clicking here. Please read the prospectus carefully. Foreside Fund Service, LLC, distributor.