LSE - Delayed Quote GBp

ETFS 3x Long JPY Short GBP (JPP3.L)

2,211.00 +20.50 (+0.94%)
At close: September 10 at 6:16 AM GMT+1

ETF Summary

ETFS 3x Long JPY Short GBP (JPP3) is designed to provide investors with a 'leveraged long' exposure to Japanese Yen ("JPY") relative to Pounds Sterling ("GBP") by tracking the MSFX Triple Long Japanese Yen/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. JPP3 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.

Risk Overview

Performance & Risk

YTD Return 10.54%
5y Average Return 8.32%
Rank in Category (ytd) --
% Rank in Category (ytd) --
Beta (5Y Monthly) 0.00
Morningstar Risk Rating --

Risk Statistics

3 Years5 Years10 Years
JPP3.LCategory AverageJPP3.LCategory AverageJPP3.LCategory Average
Alpha 0 -- 0 -- -- --
BETA 0 -- 0 -- -- --
Mean Annual Return 0.23 -- 1.31 -- -- --
R-squared 0 -- 0 -- -- --
Standard Deviation 32.27 -- 41.24 -- -- --
Sharpe Ratio 0.07 -- 0.37 -- -- --
Treynor Ratio 0 -- 0 -- -- --

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