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    Merk Hard Currency Inv (MERKX)

    9.76 Down 0.19(1.91%) Jun 24
    Prev Close:9.95
    YTD Return*:5.13%
    Net Assets*:119.86M

    * As of 31-May-16

    Quotes delayed, except where indicated otherwise. Currency in USD.

    Top Holdings

    Symbol% AssetsYTD Return %
    VanEck Merk Gold Trust19.04N/A
    Austria(Rep Of) 1.95%1.97N/A
    New Zealand(Govt) 6%0.30N/A
    Gold 100 Oz Futr Jun160.02N/A

    Fund Basics

    Morningstar Overall Rating:N/A
    Total Assets:119.86M
    Annual Report Expense Ratio (net):1.24%

    Performance & Risk

    YTD Return:5.13%
    5y Avg Return:-4.29%
    Rank in Category (ytd):17
    % Rank in Category (ytd):25.37%
    Beta (3y):22.41
    Morningstar Risk Rating:

    Fund Summary

    The investment seeks to profit from a rise in hard currencies relative to the U.S. dollar. Under normal market conditions, the fund invests at least 80% of the value of its net assets (plus borrowings for investment purposes) in "hard currency" denominated investments. The fund normally invests in a managed basket of hard currency denominated investments composed of high quality, short-term debt instruments, including sovereign debt, and indirectly in gold and gold-related securities. The fund is non-diversified. View More
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