Around The World In ETFs

Rydex Investments has six new ways to profit from a falling dollar. By the end of June, Rydex plans to launch six more currency-based ETFs to supplement its six-month old, $700 million euro ETF.

The new ones will each track a specific currency, and here now is a listing of the six currencies, together with their respective trading symbols.

BRITISH POUND (FXB)

CANADIAN DOLLAR (FXC)

MEXICAN PESO (FXM)

SWISS FRANC (FXF)

SWEDISH KRONA (FXS)

AUSTRALIAN DOLLAR (FXA)


Each ETF will represent either 100 or 1,000 units of the respective currency, pay a currency-specific yield, and have a 0.40% expense ratio.

* * * * *