Merk Funds’ flagship fund, the Merk Hard Currency Fund, has exceeded $500 million in assets under management. The fund seeks to protect against the decline of the U.S. dollar relative to other currencies. The open-ended currency mutual fund was launched in May 2005. Merk Funds, managed by Merk Investments, also offers the Merk Absolute Return Currency Fund, which was launched in 2009.

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