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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.merkfund.com/fund. Through 6/30/2008, the Merk Hard Currency Fund had a 1-year return of +17.86%, a 3-year return of +11.93%, as well as an annualized return of +10.00% since inception on 5/10/2005. As stated in the current prospectus, the Merk Hard Currency Fund's gross operating expense ratio is 1.31%. The Merk Hard Currency Fund's adviser has agreed contractually to waive a portion of its fee and/or reimburse expenses such that the total operating expense ratio does not exceed 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 a recent listing of the Fund's top 10 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 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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