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Each CurrencyShares Trust is offered only by a current prospectus which may be obtained by clicking on the following prospectus links: CurrencyShares Australian Dollar (FXA); CurrencyShares British Pound Sterling (FXB); CurrencyShares Canadian Dollar (FXC); Currency Shares Euro (FXE); CurrencyShares Japanese Yen (FXY); CurrencyShares Mexican Peso (FXM); CurrencyShares Swedish Krona (FXS); CurrencyShares Swiss Franc (FXF). Each prospectus contains more complete information about the specific CurrencyShares Trust.  Investors should consider the investment objectives, risks, charges and expenses of each CurrencyShares Trust carefully before investing. Please read the appropriate prospectus carefully before you invest or send money. Other information on this web site about the CurrencyShares Trusts 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.

The information contained on this web site regarding the CurrencyShares Trusts is directed at, and is intended for distribution to and for use by, U.S. persons only. The information is not intended for distribution to or use by any person in any other jurisdiction.

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.

Rydex Specialized Products LLC, d/b/a Rydex Investments, is the sponsor of each of the CurrencyShares Trusts. Rydex Distributors, Inc., an affiliate of Rydex Investments and Rydex Specialized Products LLC, is the distributor of the each of the CurrencyShares Trusts.

© 2008 Rydex Distributors, Inc. All Rights Reserved.


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CurrencyShares

Rydex Investments
9601 Blackwell Road Suite 500
Rockville, MD 20850 
1.800.820.0888
M7