WisdomTree Short CNY Long USD
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WisdomTree Short CNY Long USD invests by holding contracts that bet against the Chinese Renminbi relative to the US Dollar, using FX forward agreements to take short positions on CNY. Additionally, the fund holds collateral assets that earn interest based on the difference between Chinese and US interest rates. This combination aims to generate returns when the Renminbi decreases in value compared to the US Dollar, while also benefiting from the interest rate spread between the two currencies.
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short cnymsfxsm short chinese renminbi indexlong usd