My Account | How to Invest  
This page is hosted on the fund section of Merk Funds
Home > About Us > Press Releases > June 16, 2011

Press Release: Merk Publishes White Paper on Investor Exposure to U.S. Dollar

— Research by The Authority on Currencies™ indicates U.S. investors are overexposed to U.S. Dollar risk —

PALO ALTO, CA. June 16, 2011 – Merk Investments, manager of Merk Funds, today announced the release of a new white paper titled, “U.S. Investors Overexposed to U.S. Dollar Risk?” The paper analyzes the extent to which U.S. investors, on aggregate, are inherently exposed to the currency risk of the U.S. dollar via their financial asset holdings.

The white paper first outlines recent trends in the value of the U.S. dollar, showing that the currency has experienced significant deterioration in value, and highlights developments that may continue to underpin ongoing weakness in the currency. Next, the paper describes why a weak currency matters to investors and consumers alike, as it may cause deterioration in purchasing power and a lower relative living standard. Furthermore, the white paper analyzes the financial holdings owned by the U.S. private sector, and finds that on aggregate, nearly 90% of the U.S. personal sector’s financial assets leave investors susceptible to U.S. dollar risks.

The white paper concludes that, in the current environment, adding portfolio protection against a decline in the U.S. dollar may be of the utmost importance. It cautions that there is a significant risk that the U.S. dollar may continue to weaken, causing a further decline in purchasing power. Furthermore, it points out that inflation expectations have risen recently, and protection against inflation and purchasing power deterioration have been shown to be key investment concerns. Specifically, the authors beckon that investors may want to consider diversifying away from U.S. dollar denominated assets, or managing the U.S. dollar risk inherent in investors’ portfolios.

For a copy of “U.S. Investors Overexposed to U.S. Dollar Risk?” please visit:

Merk Investments, with over $700 million in assets under management, is the largest mutual fund company focusing exclusively on currencies. The Merk Funds are a suite of transparent no-load currency mutual funds that do not typically employ leverage, consisting of: the Merk Hard Currency Fund℠ (MERKX), the Merk Asian Currency Fund® (MEAFX), and the Merk Absolute Return Currency Fund® (MABFX). The Merk Funds provide investors with the opportunity to add managed currency exposure to their portfolios, which may provide valuable diversification benefits.

For more information about the Merk Funds and the currency asset class, including how to obtain a prospectus and to invest, please visit

For more information, or to schedule an interview, please contact:

Heather Busby
Merk Investments
(650) 323 4341
pr (at)

Merk Investments

Merk Investments LLC, is a Palo Alto, California, based SEC registered investment advisory firm managing currency mutual funds. For more information on Merk Investments or the Merk Funds, please visit

This information does not constitute a solicitation or an offer to buy or sell any investment security, nor provide investment advice. Merk Investments LLC.

Transaction fees and other restrictions may apply to invest through a broker. As with any mutual fund product, there is no guarantee that the funds will achieve their goals. Investors should consider the investment objectives, risks and charges and expenses of the Funds carefully before investing. This and other information is in the prospectus, a copy of which may be obtained by visiting the Funds’ website at or calling 866-MERK FUND. Please read the prospectus carefully before you invest.

The Funds’ principal investment risks include, but are not limited to, currency exchange rate risk, foreign instrument risk and interest rate risk. For a more complete discussion of these risks please refer to the Funds’ prospectus. Foreside Fund Services, LLC, distributor.