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Market Updates

2Q20 Review & Strategy Update

Patrick B. Rien, CFA
July 1, 2020

In coming weeks, we believe U.S risk-assets could move back toward March lows while Gold could breakout to all-time highs. The 2Q economic bounce (aided by +$3T fiscal relief) is running out of steam and, without additional fiscal support, may falter in 3Q. Regardless of short-term market/policy moves, we maintain our “2001 Analog” & 2020 Key Themes (pg-3).

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Our Funds

Euro Pacific Asset Management

Lots 81-82, Street C, Suite 204
Dorado, Puerto Rico 00646

Investment Risk

Please read about the Risks of investing in the Funds. You should carefully consider the Fund’s investment objectives, risk, charges and expenses before investing. Investing involves risk, including potential for loss of principal. The risks of investing in emerging market and foreign securities may be higher than the risks associated with investing other securities. Diversification cannot assure a profit or protect against loss in a down market. Dividends are not guaranteed and may fluctuate. Fund holdings are subject to change and risk. Past performance cannot predict future results.

To obtain a prospectus or summary prospectus that contains this and other information about the Funds, please Click Here or call 1-866-878-2881. Please read the prospectus carefully before investing. Euro Pacific Asset Management Funds are distributed by IMST Distributors LLC.

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