ETFS 3x Short GBP Long USD (LSE:SGB3) - Overview

ETF Report

ETFS 3x Short GBP Long USD (USD) SGB3

Closing Price
USD66.77

1 Day Change
0.65|0.98%

As of 08/12/2016

Last Close66.77
52-Wk Range43.59 - 85.00
Yield %0.00
ISINJE00B3XJ8K03
Volume1,393
Discount % %-0.19

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

HowHasThisSecurityPerformed
20122013201420152016
Fund-16.61-11.9613.938.1845.79
  • Fund: ETFS 3x Short GBP Long USD (USD)
  • Category: Other
  • Benchmark: Not Categorized
Trailing Returns % (USD) 08/12/2016
Fund
YTD42.77
3 Years Annualised19.31
5 Years Annualised5.77
10 Years Annualised-
Key Stats
Morningstar® CategoryOther
ISINJE00B3XJ8K03
NAV 08/12/2016USD 66.77
Day Change0.98%
12 Month Yield0.00%
Dividend Frequency-
Net Assets (mil)-
Total Expense Ratio0.98%
Initial Charge-
Exit Charge-
Manager NameNotDisclosed
Inception Date03/11/2010

Morningstar Rating™

Not Rated

Morningstar SRRI

Lower Risk
Higher Risk
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Benchmarks

Fund Benchmark

MSFX Triple Short British Pound TR USD

Morningstar® Benchmark

Not Categorized

Investment Objective

ETFS 3x Short GBP Long USD (SGB3) is designed to provide investors with a 'leveraged short' exposure to Pounds Sterling ("GBP") relative to US Dollars ("USD") by tracking the MSFX Triple Short British Pound Index (TR) (the "Index"), which aims to reflect three times the performance of a position in forward contracts which are rolled on a daily basis. SGB3 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 obtains exposure to the Index by entering into unfunded swaps with a counterparty. There is no upfront cash payment by the Issuer to the counterparty when an unfunded swap is created. However, daily cash payments are made between the Issuer and the counterparty to reflect the movements in the value of the Index.

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.
© Copyright 2016 Morningstar. All rights reserved.