Each Fund seeks to meet its investment objective by holding the Reference Currency in interest bearing deposit accounts at the Deposit Bank. To the extent that any Creations are settled with an Authorised Participant in return for the delivery of AUD, the Responsible Entity will convert that AUD into the USD through a foreign exchange transaction with ANZ at the Benchmark Rate before depositing the resulting cash in USD into the appropriate interest bearing deposit accounts at the Deposit Bank.
Research context
ETFS Enhanced USD Cash ETF 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
- AUD
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.
No comments yet
Start a focused discussion about ZUSD.AU.