Profile: CurrencyShares Mexican Peso Trust: Mexican Peso Shares (FXM.P)
76.77USD
9 Feb 2010
$1.12 (+1.48%)
$75.65
$76.21
$76.77
$76.21
5,701
13,251
$80.13
$64.29
CurrencyShares Mexican Peso Trust (the Trust) is a grantor trust. The Trust issues shares (the Shares) in blocks of 50,000 (a Basket) in exchange for deposits of Mexican Pesos and distributes Mexican Pesos in connection with the redemption of Baskets. The investment objective of the Trust is for the Shares to reflect the price of Mexican Peso plus accrued interest. The Shares seeks to offer investors an opportunity to participate in the market for the Mexican Peso through an investment in securities. The Shares seeks to provide institutional and retail investors with a means of gaining investment benefits. The Shares are bought and sold on New York Stock Exchange (NYSE) Arca. The Shares are backed by the assets of the Trust.
The Trust’s assets primarily consist of Mexican Pesos on demand deposit in two deposit accounts maintained by the Depository: a primary deposit account, which earns interest and a secondary deposit account, which does not earn interest. 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). The secondary account is also used to account for interest earned, if any, on the primary deposit account and distribute any excess interest to holders of Shares (Shareholders) on a monthly basis. The Trust’s sponsor is Rydex Specialized Products LLC. The Bank of New York Mellon serves as the trustee of the Trust.
Company Address
CurrencyShares Mexican Peso Trust: Mexican Peso Shares
Rydex Investments
9601 Blackwell Road
Suite 500
Rockville MD 20850
P: +1301.2965129
F: +1301.2965101
Company Web Links
| Name | Compensation |
|---|---|
| Bonos, Nick | -- |
| Arruda, Joe | -- |
| Byrum, Michael | -- |





