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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., Nov. 1, 2011 (GLOBE NEWSWIRE) -- 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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Payable
Declaration Ex-dividend
Date/Sha
Fund Name Ticker Date Date
Record Date re Distribution
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CurrencyShares Australian Dollar Trust FXA 10/31/11 11/1/11
11/3/11 11/8/11 $0.36657
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CurrencyShares Mexican Peso Trust FXM 10/31/11 11/1/11
11/3/11 11/8/11 $0.13606
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CurrencyShares Canadian Dollar Trust FXC 10/31/11 11/1/11
11/3/11 11/8/11 $0.01840
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CurrencyShares Swedish Krona Trust FXS 10/31/11 11/1/11
11/3/11 11/8/11 $0.18878
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CurrencyShares Russian Ruble Trust XRU 10/31/11 11/1/11
11/3/11 11/8/11 $0.08516
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CurrencyShares Euro Trust FXE 10/31/11 11/1/11
11/3/11 11/8/11 $0.03790
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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 diversification1 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 Canadian Dollar (FXC);
CurrencyShares Euro (FXE); CurrencyShares Mexican Peso (FXM);CurrencyShares
Russian Ruble (FXRU); and CurrencyShares Swedish Krona (FXS). 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.
About Rydex|SGI
Rydex manages approximately $24 billion in assets, including $8 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.
1 Diversification does not ensure a profit or eliminate the risk of experiencing
investment losses.
CONTACT: Jeaneen Pisarra
917.386.0387
jpisarra@sg-investors.com
Jessica Papini Lopez
917.386.0428
jpapini@sg-investors.com
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