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Introducing the CurrencyShares® Chinese Renminbi Trust (FXCH)
The first exchange traded product to provide pure exposure to China’s currency
Directly accessing the Chinese Renminbi currency for investment used to be a challenge. But thanks to the creation of CurrencyShares® Chinese Renminbi Trust (FXCH)—an exchange traded product that physically holds actual foreign currency deposits—the currency of this up and coming economic superpower is now conveniently accessible to investors. The unique CurrencyShares® structure enables pure exposure to the Renminbi versus other ETFs which gain currency exposure via derivatives. If you want to participate in the China growth story through a pure-play Chinese renminbi investment, consider FXCH.
View the prospectus and fact sheet.
Rydex|SGI is now part of Guggenheim Investments
Guggenheim Partners is expanding its investment management capabilities under a single brand called Guggenheim Investments. This marks an alignment of several complementary acquisitions, including Rydex|SGI, into Guggenheim’s existing investment management business. Upon the change of ownership of Rydex|SGI, expected to be complete in Q1 2012, Guggenheim Investments will have total assets exceeding $119 billion³, with nearly 150 investment professionals. Guggenheim Investments will offer clients investment competencies across all major asset classes, including fixed income, equities and alternatives. There is no anticipated change in Rydex|SGI investment personnel, investment processes, fund cusips and tickers or client account numbers. Our client service number (800.820.0888 ) and web site (www.rydex-sgi.com) will remain in place. View the press release. Find out more about Guggenheim Investments at www.guggenheiminvestments.com.
Ticker Symbol Change for CurrencyShares Russian Ruble Trust
Rydex|SGI today announced that its CurrencyShares Russian Ruble Trust ticker symbol is changing to FXRU from XRU effective Monday September 12, 2011. The CurrencyShares Russian Ruble Trust tracks the price of the Russian Ruble net of Trust expenses. The Rydex CurrencyShares line-up represents nearly $3.7 billion in assets. View the press release here.
Click here to view Q&A about IRS Revenue Ruling 2008-1.
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Performance displayed represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate so that when shares of the CurrencyShares Trusts are redeemed, they may be worth more or less than original cost. Current performance may be lower or higher than the performance data quoted. Returns for performance under one year are cumulative, not annualized. Performance results are short-term and may not provide an adequate basis for evaluating the performance potential of the product over varying market conditions or economic cycles. Prices shown are in U.S. Dollars unless otherwise noted.
The Current Interest Rate accrues daily and pays out monthly for the respective currency's interest bearing account. The Current Interest Rate, set by the Depository, can fluctuate as frequently as daily to reflect the local overnight rate, market conditions and the Depository's liquidity needs. The 40 bps management fee charged by the sponsor will be paid out of interest earned and has not been accounted for in the Current Interest Rate stated above.
Each of the
CurrencyShares® Australian Dollar (FXA) Trust,
CurrencyShares® British Pound Sterling (FXB) Trust,
CurrencyShares® Canadian Dollar (FXC) Trust,
CurrencyShares® Chinese Renminbi (FXCH) Trust,
CurrencyShares® Euro (FXE) Trust,
CurrencyShares® Japanese Yen (FXY) Trust,
CurrencyShares® Mexican Peso (FXM) Trust,
CurrencyShares® Russian Ruble (XRU) Trust,
CurrencyShares® Swedish Krona (FXS) Trust and
CurrencyShares® Swiss Franc (FXF) Trust (each a “Trust” and collectively, the “Trusts”) has filed a registration statement (including a prospectus) with the SEC for the offerings to which this communication relates. Before you invest in the shares of a Trust, you should read the prospectus in the registration statement and other documents the Trust has filed with the SEC for more complete information about the Trust and its offering. You may get these documents for free by visiting EDGAR on the SEC web site at www.sec.gov. Alternatively, you may click the links above or the Trust will arrange to send you its prospectus if you request it by calling toll-free 800.820.0888.
The CurrencyShares Trusts are not investment companies registered under the Investment Company Act of 1940.
The value of the shares of each CurrencyShares Trust relates directly to the value of the foreign currency held by the particular Trust. This creates a concentration risk associated with fluctuations in the price of the applicable foreign currency. Accordingly, a decline in the price of that currency will have an adverse effect on the value of the shares of the particular CurrencyShares Trust. Factors that may have the effect of causing a decline in the price of a foreign currency include national debt levels and trade deficits, domestic and foreign inflation rates, domestic and foreign interest rates, investment and trading activities of institutions and global or regional political, economic or financial events and situations. Shares of each CurrencyShares Trust are also subject to risks similar to those of stocks and may not be suitable for all investors.
Shares of each CurrencyShares Trust can be bought and sold through a broker; as such, investors may be required to pay brokerage commissions in connection with a purchase or sale. There can be no assurance that an active trading market for the shares of any CurrencyShares Trust will develop or be maintained. The risks associated with each of the CurrencyShares Trusts are not identical because of differences in the economies underlying each CurrencyShares Trust, as well as other considerations. For a more complete discussion of risk factors applicable to each CurrencyShares Trust, carefully read the particular Trust's prospectus.
This web site is for U.S. investors and the information contained within it is not an offer to sell or a solicitation of an offer to buy shares in any CurrencyShares Trust, nor shall any such shares be offered or sold to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the laws of such jurisdiction.
The information on this web site is for informational purposes only and is not, and is not intended to be, a complete discussion of all material information you should know about the CurrencyShares Trusts.
Further, information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any CurrencyShares Trust and is not intended to be investment, tax, financial or legal advice.
Spot Prices provided by FactSet. No warranty is given for the accuracy of these prices and no liability is accepted for reliance thereon. Prices are provided on a reasonable efforts basis and delays may occur both because of the delay in third parties communicating the information to the site and because of delays inherent in posting information over the Internet. Prices shown are indicative only and do not represent actionable quotations on prices of actual trades.
Rydex Specialized Products LLC, d/b/a Rydex SGI, is the sponsor of each of the CurrencyShares Trusts. Rydex Distributors, LLC, an affiliate of Rydex SGI and Rydex Specialized Products LLC, is the distributor of the each of the CurrencyShares Trusts.
© 2011 Rydex Distributors, LLC. All rights reserved.
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