Description: ETFS Long GBP Short USD (GBPP) is designed to provide investors with exposure to Pounds Sterling ("GBP") relative to US Dollars ("USD") by tracking the MSFX Long British Pound Index (TR) (the "Index"), which aims to reflect the performance of a position in forward contracts which are rolled on a daily basis. GBPP 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.
Home Page: www.etfsecurities.com/retail/uk/en-gb/products/product/etfs-long-gbp-short-usd-lgbp-lse
LGBP Technical AnalysisExchange: LSE
Country: UK : United Kingdom
Currency: US Dollar ($)
Category: Other
Asset Allocation | |||
---|---|---|---|
Asset Class | Long % | Short % | Net Assets |
Other | 100.00 | 0.00 | 100.00 |
Sector Weights | ||
---|---|---|
Sector | Equity % | Relative to Category |
World Regions | ||
---|---|---|
Region | Equity % | Relative to Category |
Japan | 0.00 | 3.48 |
Australasia | 0.00 | 0.72 |
Asia Emerging | 0.00 | 1.30 |
Latin America | 0.00 | 0.18 |
North America | 0.00 | 49.58 |
Asia Developed | 0.00 | 2.79 |
United Kingdom | 0.00 | 11.49 |
Europe Emerging | 0.00 | 1.49 |
Europe Developed | 0.00 | 27.58 |
Africa/Middle East | 0.00 | 1.38 |