What does WisdomTree Short USD Long GBP invest in?▾
WisdomTree Short USD Long GBP is a fully collateralised, UCITS eligible Exchange Traded Product (ETP) designed to provide investors with an exposure to USD relative to GBP. The ETP tracks the MSFXSM Short US Dollar/GBP Total Return Index (MSCEGUS), providing a total return comprised of the daily performance of FX forward contracts being Short USD relative to GBP, plus the interest revenue adjusted to reflect fees and costs associated with the product. For example, if USD rises by 1% relative to GBP over a day, then the ETP will fall by 1%, excluding fees. However if USD falls by 1% relative...