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Euro Pacific Asset Management Launches EuroPac Gold Fund

July 19, 2013
(Newport Beach, CA) - July 18, 2013 - Euro Pacific Asset Management, LLC, the Newport Beach, CA based asset manager that is owned by nationally known author and economist Peter Schiff, is pleased to announce the launch of the EuroPac Gold Fund (EPGFX), which will attempt to provide long-term capital appreciation by investing in precious metals, precious metal producers and precious metal exploration and prospecting companies. While the Fund may invest in different types of precious metals, 80% or more of net assets will be invested in gold-related investments.
 
The new Fund will be sub-advised by Adrian Day, of Adrian Day Asset Management, a well-regarded resource investor, who has managed a similar investment strategy on behalf of his separate account clients since 1991. Please refer to the prospectus for more information on his record in managing these accounts. Day's approach to portfolio management is also outlined in his books International Investment Opportunities: How and Where to Invest Overseas Successfully, Investing without Borders, and Investing in Resources: How to Profit from the Outsized Potential and Avoid the Risks.
 
"With precious metals stocks currently at their lowest levels in years, and with many investment firms declaring the end of the bull market in gold, some may consider the launch of our fund to be poorly timed," said Peter Schiff. "But for those who believe, as Adrian and I do, that gold still has a long way to rise, then the timing may be attractive. In our view, the fundamentals behind the metal become stronger every day."
 
Adrian Day noted the unusual divergence of mining stocks and physical precious metals, "The underperformance of the miners versus the metal appears stretched. We believe the severely depressed levels of many mining stocks provide a good opportunity to seek and exploit value in the mining space."
 
The EuroPac Gold Fund uses a top-down approach to screen for and select attractive markets and sectors, and a bottom-up valuation approach to select securities, and focuses on a long-term investment horizon in order to realize value. The Fund's distinct allocation across precious metal sectors attempts to maximize upside while minimizing risk. The Advisor will focus on depressed major miners, high growth juniors as well as exploration companies. In attempting to minimize risk in the Fund, the Advisor will emphasize royalty companies (within the major miner space) and prospecting companies (within the exploration space). 
 
The fund, which trades under the symbol EPGFX, can be bought through a brokerage account at
Euro Pacific Capital (www.europac.net), directly at Euro Pacific Funds (www.europacificfunds.com), or through other platforms including Schwab, E-Trade, TD Ameritrade, Fidelity and others. Other broker-dealers may also sell shares of the fund through their own programs. Investors may receive a prospectus and an application on the fund's website, www.europacificfunds.com, or by calling 1-888-558-5851.
 
*Diversification does not protect against loss.

You should consider the funds' investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus, each of which contains this and other information about the funds, call 1-888-558-5851 or visit www.europacificfunds.com. The Fund can also be bought through a brokerage account at Euro Pacific Capital, www.europac.net. Other broker-dealers may also sell shares of the fund through their own programs. Please read the prospectus or summary prospectus carefully before investing or sending money. 

 
Foreign investments present additional risk due to currency fluctuations, which means the value of securities can change significantly when foreign currencies strengthen or weaken relative to the U.S. dollar, economic and political factors, government regulations, differences in accounting standards and other factors. Investments in emerging markets involve even greater risks.
 
The Funds may be susceptible to government regulation, impacting hard asset sectors (such as the precious metals, natural resources, and real estate sectors). Precious metals and natural resources securities are at times volatile and there may be sharp fluctuations in prices, even during periods of rising prices. To the extent the Funds use futures, swaps, and other derivatives, it is exposed to additional volatility and potential losses resulting from leverage. The use of derivatives involves risks different from, and possibly greater than, the risks associated with investing directly in the underlying assets. Derivatives can be highly volatile, illiquid, and difficult to value. The Funds may be subject to greater risks than a fund whose portfolio has exposure to a broader range of sectors.
 
Precious metals and natural resources securities are at times volatile and there may be sharp fluctuations in prices, even during periods of rising prices.  To the extent the Fund uses futures, swaps, and other derivatives, it is exposed to additional volatility and potential losses resulting from leverage.  The use of derivatives involves risks different from, and possibly greater than, the risks associated with investing directly in the underlying assets. Derivatives can be highly volatile, illiquid, and difficult to value. The Fund may be subject to greater risks than a fund whose portfolio has exposure to a broader range of sectors.
 
Gold Risk. Investments in gold and gold companies are subject to risks. There is the possibility of wide fluctuations in the price of gold. In addition; the market for gold is relatively limited and unregulated and the sources of gold are concentrated in countries that have the potential for instability. The Fund will be more susceptible to the economic, market, political and local risks of the European region than a fund that is more geographically diversified. The Fund will be more susceptible to the economic, market, regulatory, political, natural disasters and local risks of the Pacific Rim region than a fund that is more geographically diversified. The Fund may be subject to greater risks and market fluctuations than a fund whose portfolio has exposure to a broader range of sectors.
 
The Fund may invest in options and futures which are subject to special risks and may not fully protect the Fund against declines in the value of its stocks. In addition, an option writing strategy limits the upside profit potential normally associated with stocks. Futures trading are very speculative, largely due to the traditional volatility of futures prices.


The EuroPac Gold Fund is distributed by IMST Distributors, LLC.