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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 Through 3/31/18, the Merk Absolute Return Currency Fund Investor Shares (MABFX) had a 1-year return of +2.35%, a 5-year return of +1.09%, and a return of -0.06% since inception on 09/09/2009; the Merk Hard Currency Fund Investor Shares (MERKX) had a 1-year return of +9.42%, a 5-year return of -2.44%, a 10-year-return of -0.54% and a return of +1.88% since inception on 5/10/2005. All performance figures greater than 1-year are annualized unless otherwise specified. The expense ratio for the Funds 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.

The following indicies are used as proxies for the respective asset classes:

For information concerning the risks applicable to the Funds please click here.

This internet site is not an offer to sell or a solicitation of an offer to buy shares of the Funds to any person in any jurisdiction in which such offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. Furthermore, this site contains links to third party websites on the internet. The inclusion of such links on the site are not endorsement by the Funds, implied or otherwise, of the linked site or any products or services in such sites, and no information in such site has been endorsed or approved by the Funds. The linked sites are not under the control of the Funds, and the Funds are not responsible for the contents of any linked site or any link contained in a linked site. For additional information pertaining to the use of this site, refer to the Terms and Conditions of Use link found below. Foreside Fund Services, LLC, distributor.