CurrencyShares Exchange Traded Products Declare Monthly Distributions
Rydex Investments today announced the distribution declarations for seven CurrencyShares exchange traded products: CurrencyShares Australian Dollar Trust (NYSE: FXA), CurrencyShares British Pound Sterling Trust (NYSE: FXB), CurrencyShares Canadian Dollar Trust (NYSE: FXC), CurrencyShares Euro Trust (NYSE: FXE), CurrencyShares Mexican Peso Trust (NYSE: FXM), CurrencyShares Russian Ruble Trust (NYSE: XRU), and CurrencyShares Swedish Krona Trust (NYSE: [...]
Rydex Extends Monthly Distribution on CurrencyShare ETFs
Seven of the CurrencyShares-brand ETFs from Rydex Investments have announced a monthly distribution for December. The exchange-traded products track currency of various countries around the world on the NYSE, and the payable date will be December 8, 2008. According to the Rydex Investment press release, the scheduled distributions will range from $0.092 for CurrencyShares Canadian [...]
Access to Russian Currency Now Afforded by New Rydex ETF
Rydex has expanded its collection of eight CurrencyShares ETFs with the launch of a new product to track Russian currency. According to the Market Wire press release, CurrencyShares Russian Ruble Trust (XRU: Quote, Profile, Advanced Chart, News) provides the first currency exposure to the Russian economy and has just begun trading 1,000 Rubles per share [...]
Barclays Lists New ETN Bringing Eight Asian Currencies Together
Barclays Bank has provided a diversified opportunity to invest in various currencies of the Asian region. According to the Mondo Visione article, Barclays has listed a new ETN on the NYSE Arca that gives access to eight different currencies within emerging markets of Asia. The new ETN, known as the Barclays GEMS Asia 8 ETN [...]
July Proved Encouraging for a Handful of Foreign Currency ETFs
The countries of South Africa, Brazil, and Mexico have each experienced an increase in its currency ETF over the month of July. Other foreign currencies have shown year-to-date strength against the U.S. dollar. In an article from Investor’s Business Daily, Jesse Emspak writes that South Africa’s currency ETF had the strongest performance with an increase [...]
