Profile: CurrencyShares Euro Trust (FXE.P)

CurrencyShares Euro Trust (the Trust) is a grantor trust. The investment objective of the Trust is for the shares to reflect the price of Euro plus accrued interest, if any, less the expenses of the Trust’s operations. The Shares are focused to provide institutional and retail investors with a means of gaining investment benefits similar to those of holding Euro. The Trust issues shares in blocks of 50,000 (basket) in exchange for deposits of Euro and distributes Euro in connection with the redemption of Baskets.

The Trust holds Euro and issues Baskets in exchange for deposits of Euro and distributes Euro in connection with redemptions of Baskets. The Trust’s assets primarily consist of Euro on demand deposit in two deposit accounts maintained by the Depository: a primary deposit account and a secondary deposit account. The secondary deposit account is used to account for interest received and paid out on creations and redemptions of blocks of 50,000 Shares (Baskets). It is also used to account for interest earned, if any, on the primary deposit account, pay Trust expenses and distribute any excess interest to holders of Shares. The Sponsor is Rydex Specialized Products LLC. The Trustee of the Company is the Bank of New York Mellon.