FXC
Invesco CurrencyShares Canadian Dollar TrustFXC Fund Description
FXC tracks the changes in value of the Canadian dollar relative to the US dollar.
FXC Factset Analytics Insight
Investors interested in accessing the Canadian dollar without the hassles of a separate foreign exchange account need look no further than FXC. The fund provides direct exposure to the Canadian currency by holding physical Canadian dollars in a JPMorgan deposit account. Its simple structure allows it to track the spot exchange rate well. Still, FXC is not totally without its warts—there's no deposit insurance on its holdings (it carries credit risk of its depository, JPMorgan), and sales of shares are always taxed at ordinary income rates, regardless of holding period. Still, it offers great direct exposure in a space where many alternative funds use derivatives. The fund is extremely easy to trade, with tiny spreads for retail investors, and creation/redemption should be a breeze for larger investors. FXC's fee is competitive, but it's worth noting that distributions and share sales are always taxed as ordinary income.
FXC Summary Data
FXC Portfolio Data
FXC Index Data
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 Tradability
FXC Top 10 Holdings
FXC Portfolio Tilts Comparison
FXC
FXC Performance Statistics
The data and information contained herein is not intended to be investment or tax advice. A reference to a particular investment or security, a credit rating, or any observation concerning a security or investment provided in the ETF.com Service is not a recommendation to buy, sell, or hold such investment or security or to make any other investment decisions. You should not use such information for purposes of any actual transaction without consulting an investment or tax professional.
ETF.com DOES NOT TAKE RESPONSIBILITY FOR YOUR INVESTMENT OR OTHER ACTIONS NOR SHALL ETF.com HAVE ANY LIABILITY, CONTINGENT OR OTHERWISE, FOR THE ACCURACY, COMPLETENESS, TIMELINESS, OR CORRECT SEQUENCING OF ANY INFORMATION PROVIDED BY ETF.com OR FOR ANY DECISION MADE OR ACTION TAKEN BY YOU IN RELIANCE UPON SUCH INFORMATION OR ETF.com.
[ETF.com DOES NOT PROVIDE ANY RESEARCH OPINIONS.] ETF.com MAKES NO REPRESENTATIONS ABOUT THE SUITABILITY OF THE INFORMATION, PRODUCTS OR SERVICES CONTAINED HEREIN. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
Data provider:
Terms of Use