LSE - Delayed Quote GBp

ETFS 3x Long AUD Short GBP (AUP3.L)

4,119.00 -14.00 (-0.34%)
At close: September 5 at 11:43 AM GMT+1

ETF Summary

ETFS 3x Long AUD Short GBP (AUP3) is designed to provide investors with a 'leveraged long' exposure to Australian Dollars ("AUD") relative to Pounds Sterling ("GBP") by tracking the MSFX Triple Long Australian Dollar/GBP Index (TR) (the "Index"), which aims to reflect three times the performance of a position in forward contracts which are rolled on a daily basis. AUP3 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 movements in the value of the Index.

ETF Overview

Category --
Fund Family ETFS Foreign Exchange Limited
Net Assets 159.28k
YTD Daily Total Return -3.41%
Yield 0.00%
Legal Type Exchange Traded Fund

ETF Operations

Attributes AUP3.L Category Average
Annual Report Expense Ratio (net) 0.98% --
Holdings Turnover 0.00% --
Total Net Assets 0.00 0.00

Morningstar Style Box

Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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