MERKX - Merk Hard Currency Fund Class Investor

Nasdaq - Nasdaq Delayed Price. Currency in USD

Merk Hard Currency Fund Class Investor

Forum Funds (Merk)

P.O. Box 588

Portland, ME 04112

Management Information
Axel Merk,Lead Manager since May 9, 2005
Axel Merk is president and founded Merk Investments LLC in 2001. Mr. Merk heads the portfolio management team. Mr. Merk conducted investment advisory activities for Merk Investments AG, a company he founded in Switzerland in 1994, until he transferred these activities to Merk in 2001. He holds a B.A. in Economics (magna cum laude) and a M.Sc. in Computer Science from Brown University in Rhode Island.
Morningstar Style Box
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Morningstar Category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

Fund Overview

CategoryWorld Bond
Fund FamilyMerk Funds
Net Assets74.5M
YTD Return-2.84%
Morningstar Rating
Inception DateMay 9, 2005

Fund Operations

Last Dividend0.08
Last Cap Gain0.00
Holdings Turnover65.00%
Average for CategoryN/A

Fees & Expenses

ExpenseMERKXCategory Average
Annual Report Expense Ratio (net)1.38%0.93%
Prospectus Net Expense Ratio1.38%N/A
Prospectus Gross Expense Ratio1.38%N/A
Max 12b1 Fee0.25%N/A
Max Front End Sales LoadN/A4.01%
Max Deferred Sales LoadN/A1.50%
3 Yr Expense Projection437N/A
5 Yr Expense Projection755N/A
10 Yr Expense Projection1,657N/A