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CurrencyShares(R) Exchange Traded Products Declare Monthly Distributions
* Reuters is not responsible for the content in this press release.
ROCKVILLE, MD, Jun 01 (MARKET WIRE) --
Rydex|SGI today announced the distribution declarations for six
CurrencyShares(R) exchange traded products: CurrencyShares(R) Australian
Dollar Trust (NYSE: FXA), CurrencyShares(R) Mexican Peso Trust (NYSE:
FXM), CurrencyShares(R) Canadian Dollar Trust (NYSE: FXC),
CurrencyShares(R) Swedish Krona Trust (NYSE: FXS) and CurrencyShares(R)
Russian Ruble Trust (NYSE: XRU), and CurrencyShares(R) Euro Trust (NYSE:
FXE).
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Fund Name Ticker Declaration Ex- Record Payable Distribution
Date dividend Date Date/Share
Date
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CurrencyShares FXA 5/31/11 6/1/11 6/3/11 6/8/11 $0.36110
Australian
Dollar Trust
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CurrencyShares FXM 5/31/11 6/1/11 6/3/11 6/8/11 $0.21640
Mexican Peso
Trust
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CurrencyShares FXC 5/31/11 6/1/11 6/3/11 6/8/11 $0.01412
Canadian
Dollar Trust
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CurrencyShares FXS 5/31/11 6/1/11 6/3/11 6/8/11 $0.17542
Swedish Krona
Trust
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CurrencyShares XRU 5/31/11 6/1/11 6/3/11 6/8/11 $0.05437
Russian Ruble
Trust
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CurrencyShares FXE 5/31/11 6/1/11 6/3/11 6/8/11 $0.04533
Euro Trust
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Distributions are made to shareholders on a pro-rata basis (in
accordance with the number of shares that are owned) only in the event
that the interest earned by the Trust exceeds the sum of the sponsor's
fee for the prior month plus other Trust expenses, if any. There is no
guarantee that distributions will be made on a monthly basis.
CurrencyShares(R) offer investors and institutions a convenient and
cost-effective method of gaining investment benefits similar to that of
holding foreign currencies, including potential diversification(1) and
hedging benefits. More details about the products are available at
www.currencyshares.com.
The sponsor of the CurrencyShares(R) Trusts is Rydex Specialized
Products, LLC, d/b/a Rydex|SGI. The distributor of these exchange traded
products is Rydex Distributors, LLC, an affiliate of Rydex|SGI. Next
Investments collaborated with Rydex|SGI in connection to all
CurrencyShares(R) exchange traded products. Bank of New York Mellon
(NYSE: BK) is the trustee of the Trusts and JPMorgan Investor Services
acting through JPMorganChase Bank, N.A., (NYSE: JPM) London Branch is the
depository for each Trust.
This information must be accompanied by a current CurrencyShares
prospectus, which may be obtained directly by accessing the following
links:
CurrencyShares Australian Dollar (FXA); CurrencyShares British
Pound Sterling (FXB); CurrencyShares Canadian Dollar (FXC);
CurrencyShares Euro (FXE); CurrencyShares Mexican Peso
(FXM);CurrencyShares Russian Ruble (XRU); CurrencyShares Swedish Krona
(FXS), and CurrencyShares Euro (FXE). Investors should consider the
investment objectives, risks, charges and expenses of each fund carefully
before investing. Each fund's prospectus contains this and other
information about the fund. Please read the prospectus carefully before
you invest or send money. The CurrencyShares Trusts are not investment
companies registered under the Investment Company Act of 1940.
(1) Diversification does not ensure a profit not eliminate the risk of
experiencing investment losses.
About Rydex|SGI
Rydex manages approximately $26 billion in assets,
including $9 billion in exchange traded product assets. The firm offers
institutional investors and financial intermediaries a broad spectrum of
traditional and non-traditional investment options that span four
distinct disciplines: fundamental alpha (actively managed equity and
fixed-income), alternative strategies, target beta strategies and ETFs.
For more information call 800.820.0888.
Shares of each CurrencyShares Trust may not be suitable for all
investors. The value of the shares of each CurrencyShares Trust relates
directly to the value of the foreign currency held by the particular
Trust. This creates a concentration risk associated with fluctuations in
the price of the applicable foreign currency. Accordingly, a decline in
the price of that currency will have an adverse effect on the value of
the shares of the particular CurrencyShares Trust. Factors that may have
the effect of causing a decline in the price of a foreign currency
include national debt levels and trade deficits, domestic and foreign
inflation rates, domestic and foreign interest rates, investment and
trading activities of institutions and global or regional political,
economic or financial events and situations. Shares of each
CurrencyShares Trust can be bought and sold through a broker; as such,
investors may be required to pay brokerage commissions in connection with
a purchase or sale. There can be no assurance that an active trading
market for the shares of any CurrencyShares Trust will develop or be
maintained. For a more complete discussion of risk factors applicable to
each CurrencyShares Trust, carefully read the particular Trust's
prospectus.
Not FDIC Insured - No Bank Guarantee - May Lose Value.
Contact:
Jeaneen Pisarra
917.386.0387
jpisarra@sg-investors.com
Laura Parsons
CSG|PR
303.887.2911
lparsons@csg-pr.com
Copyright 2011, Market Wire, All rights reserved.
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