WisdomTree Long EUR Short GBP
UMushroom community rating:
0.00
0 votes
No rating yet
NegativeNeutralPositive
WisdomTree Long EUR Short GBP is an Exchange Traded Product that gives investors direct exposure to the euro against the British pound by holding FX forward contracts that are long EUR and short GBP. It tracks the MSFXSM Long EuroGBP Total Return Index, which captures the daily changes in the EUR/GBP exchange rate along with the interest rate differences between the two currencies. This means the fund increases in value when the euro strengthens relative to the pound and decreases when the euro weakens, providing a straightforward way to invest in the EUR versus GBP currency pair.
Content summarized by AI chatbot
Tags:
Currencyeuromsfxsm long eurogbp total return index