Highlights
AMEX: FXB       British Pound Sterling Trust Currencyshares Inve
Last Price Today's Change   Day's Range   Trading Volume
127.43   -0.13 (0.10%)  127.04 - 127.43  62,700

Overview

 
Avg Volume (4 weeks):59,263
4 Weeks Range:123.85 - 127.65
4 Weeks Price Volatility (%):
94.21%
52 Weeks Range:116.573 - 129.47
52 Weeks Price Volatility (%):
84.18%
Average Price Target:-

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Business Background

Guggenheim CurrencyShares British Pound Sterling Trust, formerly CurrencyShares British Pound Sterling Trust, is a grantor trust. The Trust issues shares (the Shares) in blocks of 50,000 (a Basket) in exchange for deposits of British Pound Sterling and distributes British Pound Sterling in connection with the redemption of Baskets. The investment objective of the Trust is for the Shares to reflect the price of British Pound Sterling plus accrued interest. The Shares are intended to offer investors an opportunity to participate in the market for the British Pound Sterling through an investment in securities. The Shares are bought and sold on NYSE Arca. The Shares are backed by the assets of the Trust, which does not hold or use derivative products.

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