Merk podcasts provide the Merk Perspective on currencies, global imbalances, the trade and current account deficits, the socio-economic impact of the U.S. administration's policies and more. Insights are provided by Axel Merk, president of Merk Investments and manager of the Merk Hard Currency Fund. Mr. Merk has published many articles describing complex economic phenomena in understandable terms; he is a regular guest on CNBC, and frequently quoted in Barron's, the Wall Street Journal, Financial Times, and other financial publicatons. Investors should consider the investment objectives, risks and charges and expenses of the Merk 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 www.merkfunds.com or calling 866-MERK FUND. Please read the prospectus carefully before you invest. The Funds primarily invest in foreign currencies and as such, changes in currency exchange rates will affect the value of what the Funds own and the price of the Funds' shares. Investing in foreign instruments bears a greater risk than investing in domestic instruments for reasons such as volatility of currency exchange rates and, in some cases, limited geographic focus, political and economic instability, and relatively illiquid markets. The Funds are subject to interest rate risk which is the risk that debt securities in the Funds' portfolio will decline in value because of increases in market interest rates. The Funds may also invest in derivative securities which can be volatile and involve various types and degrees of risk. As a non-diversified fund, the Merk Hard Currency Fund will be subject to more investment risk and potential for volatility than a diversified fund because its portfolio may, at times, focus on a limited number of issuers. For a more complete discussion of these and other Fund risks please refer to the Funds' prospectuses. This report was prepared by Merk Investments LLC, and reflects the current opinion of the authors. It is based upon sources and data believed to be accurate and reliable. Opinions and forward-looking statements expressed are subject to change without notice. This information does not constitute investment advice. Foreside Fund Services, LLC, distributor.
Merk podcasts provide the Merk Perspective on currencies, global imbalances, the trade and current account deficits, the socio-economic impact of the U.S. administration's policies and more. Insights are provided by Axel Merk, president of Merk Investments and manager of the Merk Hard Currency Fund. Mr. Merk has published many articles describing c... Show more