ETFS Long INR Short USD GBP (LSE:LINP) - Overview

ETF Report

ETFS Long INR Short USD (GBP) LINP

Closing Price
GBX3,604.50

1 Day Change
-10.47|-0.29%

As of 09/12/2016

Last Close3,604.50
52-Wk Range3,016.78 - 3,566.20
Yield %-
ISINJE00B66M5848
Volume3
Premium %41.19

Growth Of 10,000 (GBP) 30/11/2016

HowHasThisSecurityPerformed
20122013201420152016
Fund-1.65-8.328.404.5118.67
  • Fund: ETFS Long INR Short USD (GBP)
  • Category: Other
  • Benchmark: Not Categorized
Trailing Returns % (GBP) 09/12/2016
Fund
YTD20.07
3 Years Annualised9.95
5 Years Annualised3.98
10 Years Annualised-
Key Stats
Morningstar® CategoryOther
ISINJE00B66M5848
NAV 09/12/2016GBX 3,604.50
Day Change-0.29%
12 Month Yield-
Dividend Frequency-
Net Assets (mil)-
Total Expense Ratio0.59%
Initial Charge-
Exit Charge-
Manager NameNotDisclosed
Inception Date18/06/2010

Morningstar Rating™

Not Rated

Morningstar SRRI

Lower Risk
Higher Risk
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Benchmarks

Fund Benchmark

MSFX Long Indian Rupee TR USD

Morningstar® Benchmark

Not Categorized

Investment Objective

ETFS Long INR Short USD (LINP) is designed to provide investors with exposure to Indian Rupee ("INR") relative to US Dollars ("USD") by tracking the MSFX Long Indian Rupee Index (TR) (the "Index"), which aims to reflect the performance of a position in forward contracts which are rolled on a bi-monthly basis. LINP is an exchange traded currency ("ETC"). Its securities can be created and redeemed on demand by authorised participants and traded on exchange just like shares in a company. The ETC allows investors access to INR, which is restricted from being traded on the foreign exchange. In order to allow hedging and trading by foreign parties in respect of this currency, a market has developed in derivatives that allows parties to receive a US Dollar return on positions in INR. These derivatives are called non-deliverable forward contracts (Non-Deliverable Forward Contracts or NDFs). An NDF sets an exchange rate for USD/INR at a point in the future.

Portfolio Profile-

AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at Trafford House, Chester Road, Manchester M32 0RS. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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