2Q21 Review & Strategy Update

Our 2021 Key Themes remain intact with an emphasis on Theme #2 Big Turns Take Time. In the past year, the government sector has been the primary drive of total credit growth. In coming years, we believe the private sector is well positioned (current savings up & future real rates down) to fuel credit expansion. However, the transition from government support to private leveraging will not be smooth & commensurate market volatility is expected.

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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.
To obtain a prospectus or summary prospectus that contains this and other information about the Funds, please Click Here or call 787-945-2112. Please read the prospectus carefully before investing. Euro Pacific Asset Management Funds are distributed by IMST Distributors LLC.

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