Mutual Fund Insights: Merk Hard Currency Inv Fund (MERKX)

In-depth Analysis of Merk Hard Currency Inv Fund (MERKX)

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See Merk Hard Currency Inv Fund (MERKX) performance details as of February 28, 2010

  

Last Trade: $11.82 on 3/19/2010, Change: -0.08 (-0.67%)

  

Fund Manager - Axel Merk

Fund Manager Tenure: 4.9 years
Fundmojo Fund Grade: B (Score: 0.68)     (What does this score mean?)

Axel Merk is president of the Merk Investments, LLC which Axel Merk founded in 2001. Axel Merk conducted investment advisory activities for Merk Investments AG, a company Axel Merk founded in Switzerland in 1994, until Axel Merk transferred these activities to the Adviser in 2001.  Get more insights on Axel Merk

  

 What we like about Merk Hard Currency Inv Fund (MERKX)

Data for Merk Hard Currency Inv Fund (MERKX) as of February 28, 2010

• Merk Hard Currency Inv Fund (MERKX) management has been with Merk Hard Currency Inv Fund for 4.9 years
• Merk Hard Currency Inv Fund (MERKX) has good short-term performance (1-year return 17.77% vs 0.06 % Currency category average)
• Merk Hard Currency Inv Fund (MERKX) has good mid-term performance (3-year return 6.56% vs -0.01 % Currency category average)
• Merk Hard Currency Inv Fund (MERKX) is less volatile than its peers as it has a 3-year Standard Deviation of 11.63, lower than category average of 15.11
• Merk Hard Currency Inv Fund (MERKX) has a lower management fee than its Currency average: 1.32% vs 1.67%

  

 What we are cautious about Merk Hard Currency Inv Fund (MERKX)

Data for Merk Hard Currency Inv Fund (MERKX) as of February 28, 2010

• Merk Hard Currency Inv Fund (MERKX) ratio of up-years vs down years can be improved
• Merk Hard Currency Inv Fund (MERKX) is less safe compared to its Currency peers
• Merk Hard Currency Inv Fund (MERKX) has an annual stock turnover rate of 27.00% that is higher than the Currency average of 5.40%. This could mean Merk Hard Currency Inv is more nimble, but also signal potential high tax impact and high trading fees
• Even though Merk Hard Currency Inv Fund carries no load, it does have a 0.25% of 12b1 promotion, distributions, marketing expenses

See Merk Hard Currency Inv Fund (MERKX) performance details as of February 28, 2010

  

  

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Merk Hard Currency Inv Fund (MERKX) Net Asset

Track net asset change of Merk Hard Currency Inv fund (MERKX)

Date	Net Asset
02/2010	$433.57M
01/2010	$446.41M
11/2009	$486.15M

More historic net asset information on Merk Hard Currency Inv Fund (MERKX)

  

Merk Hard Currency Inv Fund (MERKX) Portfolio Allocation

Track portfolio allocation change of Merk Hard Currency Inv fund (MERKX)

Date	Cash	Stock	Bond	Other
09/2009	72.44%	0%	15.02%	12.54%
06/2009	62.72%	0%	24.47%	12.81%
03/2009	67.52%	0%	37.4%	13.78%

Click here to see more historic asset allocation information on Merk Hard Currency Inv Fund (MERKX)

  

Most Recent Top 10 Holdings in Merk Hard Currency Inv Fund (MERKX)

Discover what Merk Hard Currency Inv Fund (MERKX) manager is buying

30-Sep-09 SPDR Gold Shares [11.03%] New Zealand (Government Of) 6% [3.78%] Ontario Prov Cda [3.54%] Manitoba Prov Mtn Cds- [3.54%] Alberta Treasury Brhs Mtn 4.1% [2.47%] Alberta Cap Fin Auth [1.68%] GOLD 100 OZ FUTR DEC09 [1.5%] N/A [0%] Alberta Treasury Brhs Mtn 4.1% [3.11%] GOLD 100 OZ FUTR FEB09 [1.56%]

30-Jun-09 SPDR Gold Shares [11.31%] Switzerland (Government Of) 3.5% [5.94%] Finland (Republic Of) 2.75% [4.37%] QUEENSLAND GOVT DEV AUTH [4.22%] Ontario Prov Cda [3.75%] Manitoba Prov Mtn Cds- [3.75%] Alberta Treasury Brhs Mtn 4.1% [2.62%] GOLD 100 OZ FUTR AUG09 [1.59%] Alberta Treasury Brhs Mtn 4.1% [3.11%] GOLD 100 OZ FUTR FEB09 [1.56%]

31-Mar-09 SPDR Gold Shares [11.52%] Switzerland (Government Of) 3.5% [7.1%] Queensland Govt Dev Auth 6% [4.56%] ONTARIO PROV CDA [4.31%] Alberta Treasury Brhs Mtn 4.1% [3.02%] GOLD 100 OZ FUTR JUN09 [2.47%] Alberta Treasury Brhs Mtn 4.1% [3.11%] GOLD 100 OZ FUTR FEB09 [1.56%] N/A [0%] N/A [0%]

Click here for Stock Holding Change Map in Merk Hard Currency Inv Fund (MERKX)

  

Related books and products to Merk Hard Currency Inv Fund (MERKX)

  

Latest News on Merk Hard Currency Inv (MERKX)

See what is happening with Merk Hard Currency Inv Fund (MERKX)

How to Use the Dollar to Turn a Quick Buck (at SmartMoney.com) [video] Market Edge: Dollar's Gains Could be Short-lived [3.6 min] (at MarketWatch) [video] Stock Wrap: The Real Story, February 4 (at TheStreet.com) See more news on Merk Hard Currency Inv Fund (MERKX)

 

Books and Resources

 

 

See more information on Merk Hard Currency Inv Fund (MERKX)

• Merk Hard Currency Inv Fund Insights
• Merk Hard Currency Inv Fund Performance Data
• Merk Hard Currency Inv Fund News
• Merk Hard Currency Inv Fund Score Explaination
• Merk Hard Currency Inv Fund Manager Information
• Historic Merk Hard Currency Inv Fund Asset Allocation Report
• Historic Merk Hard Currency Inv Fund Top 10 Holding Tracking
• Historic Merk Hard Currency Inv Fund Asset Under Management Tracking