Merk Hard Currency Fund

Fund Fees

Updated 09.30.2013

Maximum Sales Fees %
Initial
Deferred

Updated 09.30.2013

Maximum Fees %
Administrative
Management 1.0
Redemption

Updated 09.30.2013

Actual Fees %
12b-1 0.25
Management 1.0
Net Expense Ratio: Annual Report 1.3
Net Expense Ratio: Prospectus 1.3

Updated 03.05.2014

Total Cost Projections
3-Year $412.00
5-Year $713.00
10-Year $1,568.00

Purchase Information

Updated 08.01.2013

Minimum Investments
Initial $2,500.00
Additional $100.00
Initial IRA $1,000.00
Additional IRA $100.00
Initial AIP $2,500.00
Additional AIP $100.00