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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 6/28/19, the Merk Absolute Return Currency Fund Investor Shares (MABFX) had a 1-year return of +4.08%, a 5-year return of +0.56%, 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 -2.53%, a 5-year return of -4.02%, a 10-year-return of -0.57% and a return of +1.16% 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.

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.

2012
Dec 21, 2012 Portfolio manager Axel Merk is a guest on KNX 1070
Nov 11, 2012 The Financial Times talks hard currency with Axel Merk in this exclusive interview. In focus are the U.S. dollar, euro and Chinese renminbi
Jul 10, 2012 Portfolio Manager Axel Merk tells WRKO Radio gold should benefit from the unsustainable deficits in the U.S.
Jun 18, 2012 Portfolio manager Axel Merk tells WRKO Radio even after Greek elections, we still need clarity in Europe
Jun 13, 2012 Portfolio manager Axel Merk is a guest on KNX 1070
Jun 5, 2012 Portfolio manager Axel Merk is a guest on KNX 1070
May 30, 2012 Portfolio manager Axel Merk is a guest on KCBS
May 30, 2012 The euro will sell off because the process in Europe is dysfunctional portfolio manager Axel Merk tells WRKO radio
May 2, 2012 Portfolio manager Axel Merk is a guest on Bloomberg Radio
Apr 19, 2012 Portfolio manager Axel Merk is a guest on Bloomberg Radio
Apr 11, 2012 Portfolio manager Axel Merk is a guest on KNX 1070
Apr 4, 2012 Portfolio manager Axel Merk is a guest on KNX 1070
Mar 28, 2012 Portfolio manager Axel Merk is a guest on WRKO
Mar 21, 2012 Portfolio manager Axel Merk tells Bloomberg Radio the tide has been shifting in Japan, prompting him to sell the yen
Mar 20, 2012 Portfolio manager Axel Merk is a guest on KNX 1070
Mar 13, 2012 Portfolio manager Axel Merk is a guest on Bloomberg Radio
Mar 2, 2012 Rather than expressing their gratitude to Germany's generosity in providing financial assistance, protestors on the streets in Athens burn German flags, portfolio manager Axel Merk tells WRKO Boston Radio
Mar 1, 2012 Portfolio manager Axel Merk is a guest on Bloomberg Radio
Feb 22, 2012 Portfolio manager Axel Merk is a guest on KNX 1070
Feb 8, 2012 Portfolio manager Axel Merk is a guest on KNX 1070
Feb 7, 2012 Portfolio manager Axel Merk is a guest on Bloomberg Radio
Jan 18, 2012 Portfolio manager Axel Merk tells RTT News China may allow the renminbi to strengthen further to fight inflationary pressures
Jan 17, 2012 Portfolio manager Axel Merk is a guest on KNX 1070
Jan 13, 2012 Portfolio manager Axel Merk is a guest on KCBS
Jan 7, 2012 Portfolio manager Axel Merk is a guest on KNX 1070
   
2011
Nov 28, 2011 Portfolio manager Axel Merk discusses Eurozone dynamics on KNX1070.
Nov 23, 2011 Portfolio manager Axel Merk discusses failed German auction on KNX 1070
Nov 23, 2011 Portfolio manager Axel Merk is a guest on KNX 1070
Nov 3, 2011 Instead of bailing out Greece, the money should be used to shore up banks to stomach sovereign failures, portfolio manager Axel Merk tells Bloomberg's Tom Keene
Nov 3, 2011 Portfolio manager Axel Merk is a guest on KNX 1070
Oct 27, 2011 Portfolio manager Axel Merk is a guest on KNX 1070
Oct 24, 2011 Portfolio manager Axel Merk is a guest on KNX 1070
Oct 17, 2011 Portfolio manager Axel Merk is a guest on KNX 1070
Sep 22, 2011 Portfolio manager Axel Merk is a guest on KNX 1070
Sep 9, 2011 Portfolio manager Axel Merk is a guest on KNX 1070
Sep 6, 2011 Portfolio manager Axel Merk is a guest on KNX 1070
Jul 4, 2011 Portfolio manager Axel Merk tells Marketplace radio that investors may want to consider a diversified approach in light of a potential U.S. default
Jun 7, 2011 Portfolio manager Axel Merk tells KNX 1070 that the economy will remain awash in money after the "end" of QE2
Jun 2, 2011 Portfolio manager Axel Merk discusses currency moves, continuing debt, and the Eurozone with KNX 1070
May 4, 2011 Portfolio manager Axel Merk is a guest on KNX 1070 Business News
Apr 27, 2011 Portfolio manager Axel Merk is a guest on KCBS
Apr 27, 2011 Portfolio manager Axel Merk is a guest on KNX 1070 Business News
Mar 31, 2011 Portfolio manager Axel Merk discussed the USD & EUR on KNX1070
Mar 16, 2011 Portfolio manager Axel Merk tells Public Radio that when it comes to inflation, Bernanke is playing with fire
Mar 15, 2011 Portfolio manager Axel Merk is a guest on KCBS
Mar 15, 2011 Portfolio manager Axel Merk is a guest on NPR
Mar 14, 2011 Portfolio manager Axel Merk discusses the future of the yen in the context of Japan's natural disaster with RTT News
Mar 10, 2011 Portfolio manager Axel Merk is a guest on KCBS
Mar 1, 2011 Portfolio manager Axel Merk is a guest on KCBS
Feb 18, 2011 Portfolio manager Axel Merk is a guest on KNX 1070
Feb 18, 2011 Portfolio manager Axel Merk is a guest on KCBS
   
2010
Dec 10, 2010 Portfolio manager Axel Merk tells KFNN that a stronger Chinese currency may dramatically affect U.S. consumers.
Dec 8, 2010 Portfolio manager Axel Merk is a guest on KCBS
Nov 18, 2010 Portfolio manager Axel Merk tells KCBS that investors are wary of California bonds
Aug 11, 2010 Portfolio Manager Axel Merk discusses the Fed's shift to quantitative easing with KNX1070
July 23, 2010 In a Public Radio Marketplace interview, portfolio manager Axel Merk sees Eurozone stress test skepticism as healthy
July 23, 2010 Portfolio manager Axel Merk tells KCBS those who wrote off Europe acted prematurely
Mar 11, 2010 Portfolio manager Axel Merk tells Bloomberg's Tom Keene a stronger bond is in China's interest
Mar 5, 2010 Portfolio manager Axel Merk guest on Bloomberg on the Economy
Feb 8, 2010 Portfolio manager Axel Merk discusses the dollar's status as a reserve currency with Bloomberg's Tom Keene
Jan 12, 2010 Portfolio manager Axel Merk discusses Fed's earnings with Public Radio's Marketplace
   
2009
Nov 23, 2009 Portfolio manager Axel Merk tells Public Radio's Marketplace that new asset bubbles may be growing
Jul 22, 2009 The Fed has "stretched beyond reason," Merk Senior Economic Advisor William Poole tells Bloomberg.
Jun 19, 2009 Public Radio's Marketplace discusses whether "U.S. borrowing could tailspin" with portfolio manager Axel Merk.
Jun 15, 2009 Bloomberg Radio Interview: "Merk Says G-8 Too Optimistic About Economic Recovery"
Jun 3, 2009 Public Radio's Marketplace interviews portfolio manager Axel Merk in "Why is Bernanke a deficit hawk now?"
May 11, 2009 In an exclusive Bloomberg Radio interview, portfolio manager Axel Merk warns the public's trust in the Fed may erode.
May 7, 2009 Looking beyond the stress test, the discussion about the future of the banking system may be misguided, portfolio manager Axel Merk tells RTT News.
Apr 28, 2009 Portfolio manager Axel Merk tells KCBS, the economy was sick before the swine flu hit
Mar 25, 2009 Portfolio manager Axel Merk discusses China's motivation for the creation of a new world currency with KCBS.
Mar 25, 2009 KNX 1070 asks portfolio manager Axel Merk if the dollar is on a road to hell.
Mar 11, 2009 In an in-depth "Beyond the Sound Bite" interview, portfolio manager Axel Merk discusses depression investing.
Mar 05, 2009 Portfolio manager Axel Merk discusses depression investing with KNX 1070.
Feb 12, 2009 In an exclusive Bloomberg interview, portfolio manager Axel Merk discusses the global impact of the credit crisis and currencies.
Feb 10, 2009 Geithner's stability plan is underwhelming, portfolio manager Axel Merk tells KNX 1070.
Jan 27, 2009 The yen may benefit from panic, portfolio manager Axel Merk tells Public Radio’s Marketplace.
Jan 15, 2009 Portfolio manager Axel Merk discusses drivers affecting the Merk Hard and Asian Currency Funds with The Capital Spectator.
   
2008
Dec 16, 2008 The Fed may want to have inflation portfolio manager Axel Merk tells KNX 1070.
Dec 11, 2008 In an interview with RTT News, portfolio manager Axel Merk advises China to act fast to prevent demand destruction.
Dec 9, 2008 Portfolio Manager Axel Merk tells Bloomberg the Federal Reserve may want a weaker dollar.
Nov 26, 2008 On KNX 1070, portfolio manager Axel Merk cautions of a possible dollar devaluation.
Nov 26, 2008 The Fed is the counterparty to all economic activity, portfolio manager Axel Merk tells public radio's Marketplace.
Nov 20, 2008 Portfolio manager Axel Merk talks to Bloomberg's Tom Keene about effectiveness of rate cuts by the Fed, the dollar's rally and the global economy.
Nov 11, 2008 Portfolio Manager Axel Merk warns the new home loan modification program may turn homeowners into slaves on KNX 1070.
Oct 27, 2008 Portfolio Manager Axel Merk discusses 'how the global crisis boosted the yen' on public radio's Marketplace.
Oct 22, 2008 On KNX 1070,  Portfolio Manager Axel Merk discusses forces driving the currency and equity markets.
Sep 30, 2008 Portfolio manager Axel Merk discusses the credit crisis on Public Radio's Marketplace with Bob Moon and Kay Ryssdal.
Sep 26, 2008 Korelin Economics Report discusses Portfolio Manager Axel Merk's proposed alternative to the government bailout plan.
Sep 19, 2008 Proposed government bailout may put U.S. credit rating at risk, portfolio manager Axel Merk tells KNX 1070.
Sep 8, 2008 Portfolio Manager Axel Merk discusses implications of the government bailout of Fannie and Freddie on KNX Business Hour.
Aug 28, 2008 On KNX Business Hour portfolio Manager Axel Merk discusses possible government intervention to support the dollar.
Aug 26, 2008 Merk Investments is an exclusive guest at Bloomberg On The Economy, hosted by Tom Keene, for 2 hours.
Aug 18, 2008 On KNX 1070 Senior Economic Adviser William Poole comments on Fannie Mae and Freddie Mac.
Aug 15, 2008 Portfolio Manager Axel Merk discusses the dollars outlook on KNX 1070.
Aug 5, 2008 On Bloomberg Radio, Portfolio Manager Axel Merk provides additional dissent to Fed Interest Rate decision.
Jul 11, 2008 On KNX 1070, Portfolio Manager Axel Merk discusses how the crises surrounding Fannie Mae and Freddie Mac may play out, and how the dollar may be affected.
Jul 10, 2008 Senior Economic Adviser William Poole explains why Fannie Mae and Freddie Mac may be technically insolvent on KNX 1070.
Jul 3, 2008 Portfolio Manager Axel Merk discusses the euro on KNX 1070 as the European Central Bank raises interest rates.
Jun 25, 2008 The Federal Reserve may be more concerned about growth than inflation, Portfolio Manager Axel Merk tells KNX 1070.
Jun 16, 2008 On Bloomberg Radio, Chief Economist Joseph Brusuelas discusses Stagflation and the G-8.
Jun 16, 2008 KNX 1070 asks Portfolio Manager Axel Merk why the dollar rally has fizzled.
Jun 6, 2008 Portfolio Manager Axel Merk warns of substantially higher inflation as the dollar plunges on KNX 1070.
May 27, 2008 Chief Economist Joseph Brusuelas discusses what's behind bearish consumer confidence with Bloomberg Radio.
May 20, 2008 Portfolio Manager Axel Merk tells KNX 1070 that a central bank not willing to accept a recession is likely to get inflation.
May 19, 2008 Joe Brusuelas talks with Kathleen Hays about Inflation and the Economy on Bloomberg's Inside the Economy.
May 7, 2008 Chief Economist Joseph Brusuelas discusses employment and the Fed with Bloomberg's Tom Keene.
May 6, 2008 The Fed may be 'pausing', but the trouble for the dollar may continue, portfolio manager Axel Merk explains on KNX 1070.
Apr 22, 2008 On KNX 1070, portfolio manager Axel Merk provides an outlook for the euro as it reaches new highs versus the dollar.
Apr 10, 2008 Portfolio manager Axel Merk discusses inflation as the dollar reaches new lows on KNX 1070.
Apr 5, 2008 On Korelin Economics Report, Portfolio Manager Axel Merk discusses the launch of new Asian fund and Asian currencies.
Apr 1, 2008 Bloomberg Radio discusses the Merk Asian Currency Fund with portfolio manager Axel Merk.
Mar 13, 2008 Portfolio manager Axel Merk explains on KNX 1070 why current policies hurt the dollar.
Mar 11, 2008 Portfolio manager Axel Merk tells Bloomberg Radio that financial institutions must raise more capital despite the Federal Reserve's liquidity injection.
Feb 27, 2008 Portfolio manager Axel Merk discusses dynamics that have lead to the record high of the euro versus the dollar on KNX 1070.
Feb 15, 2008 Bloomberg Radio discusses what drives soaring commodity prices with portfolio manager Axel Merk.
Jan 23, 2008 KNX 1070 asks portfolio manager Axel Merk how the market turmoil affects the dollar.
Jan 10, 2008 Portfolio Manager Axel Merk criticizes Bank of America's proposed acquisition of Countrywide on Bloomberg Radio.
Jan 3, 2008 KNX 1070 discusses world currencies with Axel Merk.
   
2007
Dec 28, 2007 Bloomberg Radio asks portfolio manager Axel Merk why the Merk Hard Currency Fund performed well during the subprime crisis in 2007.
Nov 30, 2007 Public Radio's Marketplace discusses the fragility of money market funds with portfolio manager Axel Merk.
Oct 8, 2007 Public radio discusses political implications of the strong euro with portfolio manager Axel Merk.
Aug 23, 2007 Bloomberg Radio discusses the outlook in the mortgage sector with portfolio manager Axel Merk.
Jul 11, 2007 On Public Radio's Marketplace, portfolio manager Axel Merk explains why a weaker dollar may hurt U.S. competitiveness.
Jun 8, 2007 Public Radio's Marketplace quotes portfolio manager Axel Merk in "Rate Hike Fears Drop Markets."
Mar 20, 2007 Public Radio's Marketplace asks Axel Merk about comments from China that its central bank may stop buying foreign currency reserves.
Feb 27, 2007 Portfolio manager Axel Merk discusses why the Federal Reserve (Fed) may have lost control of money supply.
   
2006
Dec 22, 2006 Bloomberg Radio invites portfolio manager Axel Merk for an in-depth discussion about copper, gold and the U.S. dollar.
Sep 11, 2006 Bloomberg Radio invites portfolio Manager Axel Merk to discuss the recent drop in gold.
Aug 30, 2006 Bloomberg Radio interviews portfolio Manager Axel Merk about the dollar, euro and yen.
Jul 24, 2006 Bloomberg Radio invites portfolio manager Axel Merk to discuss the dollar and gold.
Jun 28, 2006 Bloomberg Radio invites portfolio manager Axel Merk to comment on the dollar.
Jun 14, 2006 Bloomberg Radio interviews portfolio manager Axel Merk about the recent volatility in gold.
May 19, 2006 Bloomberg Radio asks portfolio manager Axel Merk about the recent volatility in commodities.
May 15, 2006 Bloomberg Radio interviews Axel Merk about gold.

May 5, 2006

Bloomberg Radio interviews Axel Merk about the future direction of the price of gold and the dollar.
May 2, 2006 Public Radio's Marketplace quotes Axel Merk in "The Sinking Dollar."
Apr 17, 2006 Axel Merk discusses gold as the metal reaches a 25 year high in a Bloomberg Radio interview.
Mar 29, 2006 Bloomberg Radio interviews Merk Hard Currency Fund manager Axel Merk about the rise in the price of silver.
Mar 20, 2006 Bloomberg Radio discusses recent moves in base metals with Axel Merk.
Feb 27, 2006 FMNN interviews Merk Hard Currency Fund manager Axel Merk about his article "Bernanke Fallacy".
Feb 24, 2006 Bloomberg Radio invites Axel Merk to discuss the acquisition of Western Silver by Glamis Gold; and to comment gold and the dollar.
Feb 13, 2006 Bloomberg Radio interviews portfolio manager Axel Merk on his views on gold and the dollar.
   
2005
Dec 22, 2005 Bloomberg Radio hosts Axel Merk to comment on the merger of Barrick Gold and Placer Dome; and to provide an outlook on gold and the dollar.
Dec 7, 2005 Bloomberg Radio broadcasts Axel Merk's commentary on gold.
Dec 6, 2005 At a New York City press briefing, Axel Merk provides his outlook on the dollar and the markets for 2006.
Dec 1, 2005 Bloomberg Radio broadcasts Axel Merk's market commentary.
Nov 11, 2005 The Korelin Economics Report interviews Axel Merk on the Merk Hard Currency Fund.
Oct 15, 2005 StreetIQ.com interviews Axel Merk at San Francisco Money Show.

 

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.

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