WisdomTree Short EUR Long GBP URGB Strategy
Strategy
ETFS Short EUR Long GBP (URGB) is designed to provide investors with exposure to Euro ("EUR") relative to Pounds Sterling ("GBP") by tracking the MSFX Short Euro/GBP Index (TR) (the "Index"), which aims to reflect the performance of a position in forward contracts which are rolled on a daily basis. URGB is an exchange traded currency ("ETC"). Its securities can be created and redeemed on demand by authorised participants and traded on exchange just like shares in a company. The ETC obtains exposure to the Index by entering into unfunded swaps with a counterparty. There is no upfront cash payment by the Issuer to the counterparty when an unfunded swap is created. However, daily cash payments are made between the Issuer and the counterparty to reflect the daily movements in the value of the Index.
Ticker | Name | Share Class Type | Investment Status | Morningstar Rating for Funds Overall | Medalist Rating Overall | Inception Date | Total Net Assets for Share Class | Adjusted Expense Ratio | Fee Level Distribution | Minimum Initial Investment | 1-Year Net Flow |
|---|---|---|---|---|---|---|---|---|---|---|---|
URGB | WisdomTree Short EUR Long GBP | ETF | Open | — | — | £3.50M | — | — | — | £62,436.71 |