Investors looking to take advantage of the movement of six international currencies relative to the U.S. dollar can now do so on the New York Stock Exchange. Rydex Investments has launched six new currency-based exchange traded products which will track the price movements of the Australian Dollar, British Pound Sterling, Canadian Dollar, Mexican Peso, Swedish Krona and Swiss Franc.
Shares of the trusts, called CurrencyShares, will track the price movements of their associated underlying currencies–the Australian Dollar, British Pound Sterling, Canadian Dollar, Swiss Franc, Mexican Peso, and the Swedish Krona. Shares of each currency trust will equal approximately 100 units of the underlying currency in the case of the first four and approximately 1,000 of the Mexican and Swedish currencies.
Although each share will represent ownership of a block of overseas currency, shares are expected to be purchased and redeemed in U.S. dollars.
| ETF Trust Name | NYSE Ticker | Cusip | Shares Registered | Shares Registered |
| CurrencyShares Australian Dollar Trust | FXA | 23129U101 | 13,500,000 | Bear Hunter Structured Products LLC |
| CurrencyShares Britich Pound Sterling Trust | FXB | 23129S106 | 8,000,000 | Goldman Sachs Execution and Clearing, LP |
| CurrencyShares Canadian Dollar Trust | FXC | 23129X105 | 11,500,000 | Goldman Sachs Execution and Clearing, LP |
| CurrencyShares Mexican Peso Trust | FXM | 23130H107 | 12,000,000 | LaBranche Structured Products, LLC |
| CurrencyShares Swedish Krona Trust | FXS | 23129R108 | 7,500,000 | Bear Hunter Structured Products LLC |
| CurrencyShares Swiss Franc Trust | FXF | 23129V109 | 12,500,000 | Bear Hunter Structured Products LLC |
A copy of the final prospectus related to these securities may be obtained for free by visiting EDGAR on the SEC web site at www.sec.gov or by contacting: Rydex Investments, 9601 Blackwell Road, Suite 500, Rockville, MD, 20850 (800.820.0888).
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.