Merk Hard Currency Fund

Risk

Volatility Measurements

Updated 02.28.2014

Standard Deviation 8.85
Mean 0.02
Sharpe Ratio 0.02
Bear Market Decile Rank 54

Modern Portfolio Theory Statistics

Updated 02.28.2014

Standard Index
BofAML USD LIBOR 3 Mon CM
Best Fit Index
MSCI Pacific Ex Japan NR USD
R-Squared 3.64 74.23
Beta 46.3 0.37
Alpha -13.12 -2.22