Merk Absolute Return Currency Fund

Fund Fees

Updated 08.01.2013

Maximum Sales Fees %
Initial
Deferred

Updated 08.01.2013

Maximum Fees %
Administrative
Management 1.0
Redemption

Updated 08.01.2013

Actual Fees %
12b-1
Management 1.0
Net Expense Ratio: Annual Report 1.05
Net Expense Ratio: Prospectus 1.05

Updated 03.05.2014

Total Cost Projections
3-Year $334.00
5-Year $579.00
10-Year $1,283.00

Purchase Information

Updated 08.01.2013

Minimum Investments
Initial $250,000.00
Additional
Initial IRA $250,000.00
Additional IRA
Initial AIP $250,000.00
Additional AIP $100.00