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Does the Merk Hard Currency Fund engage in tactical trading?

April 26, 2017currency engage fund hard merk tactical trading

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Does the Merk Hard Currency Fund engage in tactical trading?

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The Merk Funds publish their currency allocations monthly; this allocation adapts as our analyses evolves. We use the term “adapt” and “evolve” to emphasize that allocation changes tend to be gradual. Tactical trading refers to short-term trading to take advantage of perceived opportunities. While the Fund is not prevented from engaging in tactical trading, tactical trading is not part of the Fund’s investment process.