Past Performance is no guarantee of future results.
All currency commentary and data have been prepared by Foreign Exchange Analytics (FXA). The opinions and forecasts expressed herein are solely those of FXA, and in no way represent the advice, opinion or recommendations of Rydex Investments, its affiliates or related companies. Although Rydex Investments believes the information from FXA is reliable, because of the possibility of human or mechanical error, Rydex Investments cannot, and does not guarantee or warrant the accuracy, adequacy, completeness or suitability of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. Nothing contained herein should be construed as a solicitation to by or sell any securities. This information is subject to change at any time, based on market and other conditions. FXA and Rydex Investments are not affiliated.
CurrencyShares are subject to risks similar to those of stocks and may not be suitable for all investors. 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 interest rates, investment and trading activities of institutions and global or regional political, economic or financial events and situations. Investors should consider the investment objectives, risks, charges and expenses of these products carefully before investing. The prospectus pertaining to each product contains this and other information about the product. Please read the applicable prospectus, including the Risk Factors section, carefully before you invest.
Shares can be bought and sold through a broker and the purchasers or sellers may have to pay brokerage commissions in connection with the transaction. Investment returns and principal value will fluctuate so that shares may be worth more or less than original cost. Shares may only be redeemed directly from the Trust by Authorized Participants via baskets (as defined in the prospectus). There can be no assurance that an active trading market for the shares will develop or be maintained.
The CurrencyShares Trusts are not investment companies registered under the Investment Company Act of 1940.
The CurrencyShares Trusts are distributed by Rydex Distributors, LLC. Guggenheim Investments represents the investment management businesses of Guggenheim Partners, LLC (“GP”), which includes Security Investors, LLC (“SI”). Guggenheim Specialized Products, LLC (“GSP”), the Sponsor for the CurrencyShares Trusts, is a wholly owned subsidiary of SI. Rydex Distributors, LLC, is affiliated with GP, SI and GSP.
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