Merk Absolute Return Currency Inv
Forum Funds (Merk)P.O. Box 588Portland, ME 04112
Map
Phone: 866-637-5386
| Category: | Currency | | Fund Family: | Merk Funds | | Net Assets: | 30.18M | | Year-to-Date Return: | 1.02% | | Yield: | % | | Morningstar Rating: | N/A | | Fund Inception Date: | 09-Sep-2009 |
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Axel Merk
Lead Manager since
09-Sep-2009 | | | Merk is president of the Merk Investments, LLC which he founded in 2001. He conducted investment advisory activities for Merk Investments AG, a company he founded in Switzerland in 1994, until he transferred these activities to the Adviser in 2001. |
| Min Initial Investment: | $2,500 | | Min Initial Investment, IRA: | $1,000 | | Min Initial Investment, AIP: | $2,500 | | Min Subsequent Investment: | $100 | | Min Subsequent Investment, IRA: | $100 | | Min Subsequent Investment, AIP: | $100 |
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| The investment seeks to generate positive absolute returns by investing in securities and instruments that create exposure to currencies.
The fund normally invests at least 80% of net assets in money market instruments and high quality debt securities denominated in a currency to which the fund seeks exposure or in a combination of U.S. dollar denominated securities and forward currency contracts that expose the fund to such currencies. It typically doesnât employ leverage. |
| Last Dividend
| N/A | | Last Cap Gain
| N/A | | Annual Holdings Turnover
(18-Mar-10):
| N/A | | Average for Category:
| 5.40% |
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| Expense | MABFX | Category
Avg | | Total Expense Ratio: | %
| 1.67% | | Max 12b1 Fee: | 0.25%
| N/A | | Max Front End Sales Load: | %
| 3.96% | | Max Deferred Sales Load: | %
| 0.94% | | 3 Yr Expense Projection*: |
$ 414 | $63 | | 5 Yr Expense Projection*: |
$ N/A | $102 | | 10 Yr Expense Projection*: |
$ N/A | $211 |
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