Currency ETF

Currency ETF
Exchange-traded funds (ETFs) invested in a single currency or basket of currencies. Currency ETFs aim to replicate movements in currency in the foreign exchange market by holding currencies either directly or through currency-denominated short-term debt instruments.

Currency ETFs are widely used by investors who wish to gain exposure to the foreign exchange market and would prefer not to enter the futures or forex markets. With the growing popularity of ETFs, investors have found it very easy and relatively inexpensive to trade currency ETFs in order to take advantage of fluctuations between currencies. Currency ETFs can be purchased to track most international currencies including the U.S. and Canadian dollars, the Euro, British pound and Japanese yen.


Investment dictionary. . 2012.

Игры ⚽ Поможем решить контрольную работу

Look at other dictionaries:

  • ETF Securities — Type Private, Employee owned Industry Investment management Number of locations Jersey, London, United Kingdom, Tokyo, Japan, New York, USA Products Exchange traded funds, Commodities, FX …   Wikipedia

  • Euro ETF — An exchange traded fund that invests in the euro currency, either directly or through the holding of euro denominated short term debt instruments. Euro ETFs are often set up as currency trusts or grantor trusts, meaning that stakeholders have a… …   Investment dictionary

  • Yen ETF — Exchange traded funds that invest primarily in yen backed assets such as short term debt instruments and bonds, or hold the currency in simple interest bearing accounts that pay the current money market yields in Japan. Some Yen ETFs will match… …   Investment dictionary

  • Synthetic ETF — An investment that mimics the behavior of an exchange traded fund (ETF) through the use of derivatives such as swaps. Proponents of synthetic ETFS say they do a more accurate job of tracking indexes; critics say that synthetic ETFs face… …   Investment dictionary

  • Exchange-traded fund — An exchange traded fund (ETF) is an investment fund traded on stock exchanges, much like stocks.[1] An ETF holds assets such as stocks, commodities, or bonds, and trades close to its net asset value over the course of the trading day. Most ETFs… …   Wikipedia

  • Companies listed on the Toronto Stock Exchange (H) — Toronto Stock Exchange listed stocks: 0 9 A B C D E F G H I J K L M N O P Q R S T U V W …   Wikipedia

  • Dreyfus Corporation — The Dreyfus Corporation Type Subsidiary Headquarters New York, NY, USA Key people Jonathan R. Baum (Chairman and Chief Investment Officer) …   Wikipedia

  • Gold as an investment — Reserves of SDR, forex and gold in 2006 …   Wikipedia

  • List of exchange-traded funds — This is a table of notable exchange traded funds, or ETFs. ETFs in various nations The ETFs available on exchanges vary from country to country. Many of the ETFs listed below are available exclusively on that nation s primary stock exchange and… …   Wikipedia

  • Gold reserve — Part of a series on Government Public finance …   Wikipedia

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”