ETFS Short EUR Long USD (SEUP) is designed to provide investors with exposure to Euro (EUR) relative to US Dollars (USD) by tracking the MSFX Short Euro Index (TR) (the Index), which aims to reflect the performance of a position in forward contracts which are rolled on a daily basis. SEUP 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 daily movements in the value of the Index.
Research context
ETFS Foreign Exchange Limited - ETFS Short EUR Long USD appears in PyInvesting’s ETF catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- GBP
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
Review backtest assumptions and evidence before treating a chart or stored history as a research result.
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