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In the News:
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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.

2008
Jul 21, 2008 Chief Economist Joseph Brusuelas comments on the difficult conditions in the market and the broader economy with MarketWatch.
Jul 9, 2008 On MarketWatch, Chief Economist Joseph Brusuelas talks about corporate earnings.
Jul 9, 2008 Chief Economist Joseph Brusuelas speaks with CNBC's Larry Kudlow on housing and the economy.
Jun 25, 2008 Bloomberg TV asks Portfolio Manager Axel Merk in which currency to invest based on the Fed's decision to leave interest rates unchanged in the U.S.
Jun 12, 2008 Portfolio Manager Axel Merk discusses implications of Lehman's woes for monetary policy on FoxBusinessTV.
Jun 12, 2008 The Euro may be on sale, Portfolio Manager Axel Merk tells CNBC Powerlunch.
Jun 11, 2008 On CNBC Squawk Box, Chief Economist Joseph Brusuelas tells of the improbability of Fed rate cuts in the future.
Jun 10, 2008 The Federal Reserve is bluffing, portfolio manager Axel Merk tells Bloomberg TV.
May 29, 2008 On MarketWatch Chief Economist Joseph Brusuelas talks about Weakness Inside Durable Goods Report.
May 16, 2008 On Bloomberg TV, portfolio manager Axel Merk warns about the 'carry trade'.
May 14, 2008 On Bloomberg TV Chief Economist Joseph Brusuelas talks on the CPI and the Fed.
Apr 30, 2008 Portfolio manager Axel Merk tells CNBC that the Fed may not be able to fight inflation without throwing the economy into a tailspin.
Apr 1, 2008 Portfolio Manager Axel Merk discusses initial currency allocations for Merk Asian Currency Fund on CNBC Powerlunch.
Mar 18, 2008 Portfolio manager Axel Merk explains why the Fed rate cut may cause more harm than good on BNN TV.
Mar 10, 2008 Portfolio manager Axel Merk provides an update on hard and Asian currencies to Bloomberg TV.
Feb 29, 2008 Portfolio manager Axel Merk tells Bloomberg TV how to diversify out of the dollar.
Feb 27, 2008 Portfolio manager Axel Merk tells BNN why the Fed is on the wrong path.
Feb 26, 2008 Axel Merk discusses the devaluation of the dollar with Peter Schiff on Fox Business TV.
Feb 26, 2008 Portfolio manager Axel Merk discusses the euro and Asian currencies on CNBC Power Lunch.
Jan 30, 2008 Portfolio manager Axel Merk explains on CNBC World how to interpret the ADP unemployment report.
Jan 25, 2008

In an interview with BNN, Axel Merk discusses how prudent investors and central bankers may want to behave in times of crisis.

Jan 25, 2008 Eroding confidence in the Federal Reserve may weigh on the dollar, portfolio manager Axel Merk tells CNBC Power Lunch.
Jan 3, 2008 CNBC PowerLunch discusses commodity prices and the dollar with portfolio manager Axel Merk.
   
2007
Dec 17, 2007 Portfolio Manager Axel Merk tells Fox Business TV that banks must move special investment vehicles (SIVs) onto their balance sheet to get through the crisis; he also discusses why fiscal conservatives like Ron Paul.
Dec 11, 2007 Portfolio manager Axel Merk tells Fox Business TV that cash may be king.
Dec 11, 2007 On CNBC's Power Lunch, Axel Merk discusses the implications Fed rate cut will have on the dollar.
Nov 27, 2007 Financial institutions may worsen the credit crunch by their actions, portfolio manager Axel Merk tells CNBC World.
Nov 19, 2007 Korelin Economic Report interviews portfolio manager Axel Merk.
Nov 8, 2007 On CNBC's Power Lunch, portfolio manager Axel Merk warns of more blood in the street.
Oct 24, 2007 Portfolio manager Axel Merk discusses how Merrill's woes relate to the dollar on Bloomberg TV.
Oct 24, 2007 Portfolio manager Axel Merk discusses how the global credit contraction affects the dollar on CNBC's Power Lunch.
Sep 26, 2007 Portfolio manager Axel Merk explains why the Fed rate may do more harm than good on Canada's BNN.
Sep 21, 2007 Portfolio manager Axel Merk criticizes the Fed rate cut on CNBC World.
Sep 13, 2007 BNN asks Portfolio Manager Axel Merk if the Canadian dollar will reach parity versus the U.S. dollar.
Aug 24, 2007 On CNBC Power Lunch, portfolio manager Axel Merk warns too much Federal Reserve intervention may lead to a planned economy.
Aug 23, 2007 Portfolio Manager Axel Merk says mortgage lender Countrywide has to get 'Drastically Smaller' on Bloomberg TV.
Aug 23, 2007 On CNBC World, Axel Merk cautions the storm may not be over.
Aug 17, 2007 CNBC's Power Lunch asks Axel Merk about the impact the discount rate cut has on the Dollar.
Jul 24, 2007 CNBC's Power Lunch interviews portfolio manager Axel Merk about the outlook on the dollar.
Jul 11, 2007 Portfolio Manager Axel Merk discusses the fallout from the sub-prime mortgage market to the Dollar on CNBC World.
Jun 28, 2007 Portfolio Manager Axel Merk gives an in-depth analysis of the economy as the Federal Reserve releases its decision on interest rates on BNN.
Jun 14, 2007 Portfolio manager Axel Merk gives his outlook on currencies on CNBC's Power Lunch.
Jun 1, 2007 On CNBC World, portfolio manager Axel Merk discusses the impact of the unemployment report on the dollar.
May 24, 2007 On CNBC World, portfolio manager Axel Merk discusses how the markets' lack of fear is fearful.
Apr 18, 2007 Bloomberg TV portrays Merk Hard Currency Fund as 'Best in Class'.
Apr 13, 2007 CNBC World discusses the melting dollar with Axel Merk.
Mar 22, 2007 Business News Network interviews portfolio manager Axel Merk about the Fed's negligence of its inflation mandate.
Mar 14, 2007 CNBC World discusses the strength of the euro with portfolio manager Axel Merk.
Feb 28, 2007 ROB TV interviews Axel Merk about recent market volatility.
Feb 22, 2007 CNBC Power Lunch discusses China's 1 trillion dollar in currency reserves with portfolio manager Axel Merk.
Feb 9, 2007 Bloomberg TV interviews portfolio manager Axel Merk .
Jan 19, 2007 CNBC World interviews Axel Merk about the outperformance of the euro versus the yen.
 
2006
Dec 28, 2006 In its 'Stars and Dogs' show, Canada's RobTV asks portfolio manager Axel Merk to discuss his outlook on the U.S. dollar, yen, euro and Canadian dollar.
Dec 19, 2006 CNBC Power Lunch interviews portfolio manager Axel Merk about turmoil caused by the Thailand's currency, the Thai Baht.
Nov 28, 2006 CNBC asks portfolio manager Axel Merk where to invest as the U.S. dollar falls.
Nov 28, 2006 Canada's RobTV discusses the falling dollar with portfolio manager Axel Merk.
Nov 20, 2006 CNBC quotes Axel Merk in a segment on "Red Sox Owner Strikes Out".
Nov 10, 2006 Bloomberg TV asks portfolio manager Axel Merk about forces behind the dollar's decline.
Nov 3, 2006 CNBC World interviews Axel Merk about the impact of the unemployment report on the dollar.
Oct 11, 2006 CNBC Asia discusses gold and the dollar with portfolio manager Axel Merk.
Sep 22, 2006 Portfolio manager Axel Merk discusses the impact of the US housing market on RobTV.
Aug 23, 2006 Portfolio manager Axel Merk discusses relationship between the slowdown of the housing market and the dollar on Bloomberg TV.
Aug 17, 2006 Axel Merk discusses implications of a slowing housing market for the dollar on CNBC World.
Jul 6, 2006 CNBC Squawk Box asks portfolio manager Axel Merk about "cash & currency investing" during uncertain times.
Jul 5, 2006 Portfolio manager Axel Merk discusses dollar on CNBC World.
Jun 8, 2006 Axel Merk comments on Canadian Dollar on Canada's ROBTv .
Jun 7, 2006 CNBC World interviews Axel Merk about the Fed and the interest rate outlook.
May 24, 2006 Bloomberg TV interviews portfolio manager Axel Merk about the Merk Hard Currency Fund.
May 15, 2006 Bloomberg TV interviews portfolio manager Axel Merk about the outlook of the price of gold.
May 11, 2006 Bloomberg TV discusses with portfolio Manager Axel Merk the drivers behind the rise of gold and fall of the dollar.
May 4, 2006 CNBC Squawk Box invites Axel Merk to comment on the falling dollar and the rise of gold.
May 4, 2006 CNBC World interviews portfolio manager Axel Merk about the pressures on the dollar.
Feb 13, 2006 Bloomberg TV interviews portfolio manager Axel Merk on his views on Federal Reserve Chairman Bernanke.
   
2005
Dec 7, 2005 CNBC interviews Axel Merk about consumer behavior and the dollar.
Dec 6, 2005 ForexTV.com has an in-depth interview with portfolio manager Axel Merk.
Sep 21, 2005 CNBC interviews Axel Merk on what impact hurricane Katrina has on inflation and the dollar.
Sep 21, 2005 ForexTV.com interviews Axel Merk; the interview was featured on smartmoney.com.
Jun 10, 2005 CNBC Wake Up Call's Manuela Caruso invites Axel Merk to give a perspective of the trade balance to be released later in the day.
May 17, 2005 Upon the widely anticipated Report of the Treasury Department, CNBC Street Signs' Ron Insana asks Axel Merk whether China is illegally subsidizing its currency.

 

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.

Links provided on this page point to third party sites. Merk Investments has no control over the content of these sites.

 

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