WisdomTree Short JPY Long GBP

The fund is designed to provide investors with exposure to JPY relative to GBP by tracking the MSFXSM Short Japanese Yen/GBP Total Return Index, offering a total return comprised of the daily performance of FX forward contracts being Short JPY relative to GBP.

The fund provides a 'short' exposure to JPY relative to GBP, with an interest rate differential reflecting the difference between the JPY and GBP exchange rates. It is fully collateralised and does not require investors to hold derivatives or a margin account.

Investors should be aware of market risk, liquidity risk, currency risk, counterparty risk, and credit risk associated with this fund. The value of securities in the fund is directly affected by changes in the Index, and there is a possibility of losing some or all of the amount invested. Additionally, the fund is not a UCITS product and is subject to risks related to swap counterparties and collateral.

https://www.wisdomtree.eu/en-gb/products/ucits-etfs-unleveraged-etps/currencies/wisdomtree-long-jpy-short-gbp