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The Merk Asian Currency Fund provides you with exposure to a basket of Asian currencies. This strategy seeks to profit from a rise in asian currencies relative to the U.S. dollar, which may help to diversify your portfolio, and potentially decreases downside risk against a decline in the dollar. The Merk Asian Currency Fund indirectly provides access to these currencies, while seeking to mitigate stock market, credit and interest risks incurred by alternative means of access, such as the typical international equity or bond fund.
The performance numbers below are for Investor Shares for the period ending May 16, 2012. |
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Current |
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As of 03/31/2012 |
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Calendar Year Performance |
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Year-To-Date |
1 year |
Since inception 04/01/2008 cumulative |
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1 year |
3 year |
Since inception 04/01/2008 annualized |
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2011 |
2010 |
2009 |
| MEAFX |
-0.11% |
-2.72% |
-3.01% |
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-1.28% |
+0.98% |
-0.47% |
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-2.15% |
+2.89% |
+0.57% |
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Performance data 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. The Fund's Investor Shares expense ratio is 1.30%.
As with any investment strategy, there is no guarantee we will achieve this goal and the strategy may not be suitable for every investor. The Fund is not a substitute for a money market fund. The prospectus should be read carefully before investing.
Fact Sheet