FXCInvesco CurrencyShares Canadian Dollar Trust
FXC Fund Description
FXC tracks the changes in value of the Canadian dollar relative to the US dollar.
FXC Factset Analytics Insight
FXC provides direct exposure to the Canadian currency by holding physical Canadian dollars in a JPMorgan deposit account. This simple structure allows the fund to closely track the CAD/USD spot exchange rate. FXC is fit for investors interested in accessing the Canadian dollar without the hassles of a separate foreign exchange account. Still, investors should note that: 1) there's no deposit insurance on its holdings, so it carries credit risk of its depository, JPMorgan, and 2) distributions and share sales are always taxed at ordinary-income rate, regardless of holding period.
FXC Portfolio Management
FXC Tax Exposures
FXC Fund Structure
FXC Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FXC. FXC is rated a 5 out of 5.
FXC Top 10 Holdings
FXC Portfolio Tilts Comparison