CurrencyShares(SM) ETFs Declare Monthly Distributions
2008-08-06 14:37:00
CurrencyShares(SM) ETFs Declare Monthly Distributions
ROCKVILLE, MD–(EMWNews – August 6, 2008) – Rydex Investments today announced the
distribution declarations for seven CurrencyShares exchange traded
products: CurrencyShares(SM) Australian Dollar Trust (
CurrencyShares(SM) British Pound Sterling Trust (
CurrencyShares(SM) Canadian Dollar Trust (
Euro Trust (
CurrencyShares(SM) Swedish Krona Trust (
Swiss Franc Trust (
Ex- Declaration dividend Record Payable Distribution Fund Name Ticker Date Date Date Date Per Share ------ ----------- --------- -------- -------- ----------- CurrencyShares Australian July August August August Dollar Trust FXA 31, 2008 1, 2008 5, 2008 8, 2008 $0.50691 ------ ----------- --------- -------- -------- ----------- CurrencyShares British Pound July August August August Sterling Trust FXB 31, 2008 1, 2008 5, 2008 8, 2008 $0.71388 ------ ----------- --------- -------- ------- ------------ CurrencyShares Canadian July August August August Dollar Trust FXC 31, 2008 1, 2008 5, 2008 8, 2008 $0.17842 ------ ----------- --------- -------- ------- ------------ CurrencyShares July August August August Euro Trust FXE 31, 2008 1, 2008 5, 2008 8, 2008 $0.47356 ------ ----------- --------- -------- ------- ------------ CurrencyShares Mexican July August August August Peso Trust FXM 31, 2008 1, 2008 5, 2008 8, 2008 $0.50341 ------ ----------- --------- -------- ------- ------------ CurrencyShares Swedish July August August August Krona Trust FXS 31, 2008 1, 2008 5, 2008 8, 2008 $0.48911 ------ ----------- --------- -------- ------- ------------ CurrencyShares Swiss July August August August Franc Trust FXF 31, 2008 1, 2008 5, 2008 8, 2008 $0.09155 ------ ----------- --------- -------- ------- ------------
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(SM) offer investors and institutions a convenient and
cost-effective method of gaining investment benefits similar to that of
holding foreign currencies, including potential diversification and hedging
benefits. More details about the funds are available at
The sponsor of the CurrencyShares Trusts is Rydex Specialized Products LLC,
d/b/a Rydex Investments. The distributor of these exchange traded funds is
Rydex Distributors, Inc., an affiliate of Rydex Investments and Rydex
Specialized Products, LLC. M7 Ventures, LLC collaborated with Rydex in
connection to all CurrencyShares exchange traded products. The Bank of New
York (
Securities Services (
London Branch is the depository for each trust.
This information must be accompanied by a current CurrencyShares
prospectus, which may be obtained directly by accessing the following
links: CurrencyShares Australian Dollar (FXA); CurrencyShares British Pound Sterling (FXB); CurrencyShares Canadian Dollar (FXC); CurrencyShares Euro (FXE); CurrencyShares Mexican Peso (FXM); CurrencyShares Swedish Krona (FXS); CurrencyShares Swiss Franc (FXF). Investors should consider
the investment objectives, risks, charges and expenses of each fund
carefully before investing. Each fund’s prospectus contains this and other
information about the fund. Please read the prospectus carefully before you
invest or send money. CurrencyShares Trusts are not investment companies
registered under the Investment Company Act of 1940.
About Rydex
Rydex Investments continues to drive change in the financial industry by
introducing investment products and services that challenge conventional
thinking, empower investors and provide essential new options for uncertain
market conditions. Rydex manages approximately $14 billion in assets via
nearly 100 mutual funds and exchange traded products.
CurrencyShares are subject to risks similar to those of stocks and may not
be suitable for all investors. Investors should consider the investment
objectives, risks, charges and expenses of these products carefully before
investing. The prospectus pertaining to each product contains this and
other information about the product. Please read the applicable prospectus,
including the Risk Factors section, carefully before you invest. Shares can
be bought and sold through a broker and the selling shareholder may have to
pay brokerage commissions in connection with the sale. Investment returns
and principal value will fluctuate so that when shares are redeemed, they
may be worth more or less than original cost. Shares may only be redeemed
directly from the Trust by Authorized Participants via baskets (as defined
in the prospectus). There can be no assurance that an active trading market
for the shares will develop or be maintained. The value of the shares
relates directly to the value of the currency held by the Trust. For a more
complete discussion of risk factors applicable to the Trust, read the
prospectus carefully.
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