CurrencyShares(R) Exchange Traded Products Declare Monthly Distributions
(firmenpresse) - ROCKVILLE, MD -- (Marketwire) -- 09/02/11 -- Rydex|SGI today announced the distribution declarations for six CurrencyShares® exchange traded products: CurrencyShares® Australian Dollar Trust (NYSE: FXA), CurrencyShares® Mexican Peso Trust (NYSE: FXM), CurrencyShares® Canadian Dollar Trust (NYSE: FXC), CurrencyShares® Swedish Krona Trust (NYSE: FXS) and CurrencyShares® Russian Ruble Trust (NYSE: XRU), and CurrencyShares® Euro Trust (NYSE: FXE).
Distributions are made to shareholders on a pro-rata basis (in accordance with the number of shares that are owned) only in the event that the interest earned by the Trust exceeds the sum of the sponsor's fee for the prior month plus other Trust expenses, if any. There is no guarantee that distributions will be made on a monthly basis.
CurrencyShares® offer investors and institutions a convenient and cost-effective method of gaining investment benefits similar to that of holding foreign currencies, including potential diversification(1) and hedging benefits. More details about the products are available at .
The sponsor of the CurrencyShares® Trusts is Rydex Specialized Products, LLC, d/b/a Rydex|SGI. The distributor of these exchange traded products is , an affiliate of Rydex|SGI. Next Investments collaborated with Rydex|SGI in connection to all CurrencyShares® exchange traded products. Bank of New York Mellon (NYSE: BK) is the trustee of the Trusts and JPMorgan Investor Services acting through JPMorganChase Bank, N.A., (NYSE: JPM) London Branch is the depository for each Trust.
Rydex manages approximately $26 billion in assets, including $9.7 billion in exchange traded product assets. The firm offers institutional investors and financial intermediaries a broad spectrum of traditional and non-traditional investment options that span four distinct disciplines: fundamental alpha (actively managed equity and fixed-income), alternative strategies, target beta strategies and ETFs. For more information call 800.820.0888.
Accordingly, a decline in the price of that currency will have an adverse effect on the value of the shares of the particular CurrencyShares Trust. Factors that may have the effect of causing a decline in the price of a foreign currency include national debt levels and trade deficits, domestic and foreign inflation rates, domestic and foreign interest rates, investment and trading activities of institutions and global or regional political, economic or financial events and situations. Shares of each CurrencyShares Trust can be bought and sold through a broker; as such, investors may be required to pay brokerage commissions in connection with a purchase or sale. There can be no assurance that an active trading market for the shares of any CurrencyShares Trust will develop or be maintained. For a more complete discussion of risk factors applicable to each CurrencyShares Trust, carefully read the particular Trust's prospectus.
Not FDIC Insured -- No Bank Guarantee -- May Lose Value.
(1) Diversification does not ensure a profit not eliminate the risk of experiencing investment losses.
:
Jeaneen Pisarra
917.386.0387
Jessica Papini
917.386.0428
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Datum: 01.09.2011 - 22:45 Uhr
Sprache: Deutsch
News-ID 1036411
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