SCNY
WisdomTree Short CNY Long USD
WisdomTree Short CNY Long USD est un produit négociable en bourse (Exchange-Traded Product, ETP) conçu pour offrir aux investisseurs une exposition à l' CNY par rapport à l' USD. L’ ETP réplique le MSFXSM Short Chinese Renminbi Total Return (MSCECNYS) qui a pour objectif de refléter la performance d’une position dans des contrats de change à terme reconduits quotidiennement. Par exemple, si l' CNY s’apprécie de 1% par rapport à l' USD sur une journée, l' ETP augmenter de 1%, hors frais. Cependant, si l' CNY se déprécie de 1% par rapport à l' USD sur une journée, l' ETP va baisser de 1%, hors frais.
Potential Risks
- An investment in an ETP involves a degree of risk. Any decision to invest should be based on the information contained in the relevant prospectus. Prospective investors should obtain independent accounting, tax and legal advice and should consult their professional advisers to ascertain the suitability of this ETP as an investment to their own circumstances.
- This ETP is structured as a debt security and not as shares (equity) and can be created and redeemed on demand by authorised participants and traded on exchange just like shares in a company. This ETP is not a UCITS product.
- Market Risk: The value of securities in this ETP is directly affected by increases and decreases in the value of the Index. Accordingly, the value of a security may go up or down and a security holder may lose some or all of the amount invested but can not lose more than the amount invested.
- Liquidity risk: There can be no certainty that securities can always be bought or sold on a stock exchange or that the market price at which the securities may be traded on a stock exchange will always accurately reflect the performance of the Index.
- Currency Risk: The price of securities in this ETP is generally quoted in USD. To the extent that a security holder purchases securities in another currency, the value will be affected by changes in the exchange rate.
- Counterparty risk: The Issuer is reliant on there being swap counterparties available to enter into swap agreements on a continuing basis and, if no swap counterparties are willing to do so, the ETP will not be able to achieve its investment policy of tracking the performance of the Index.
- Credit Risk: The Issuer is subject to the risk that third party service providers may fail to return property or collateral belonging to the Issuer or pay money due to the issuer. The ETP is backed by swaps. The payment obligations of the swap counterparties to the Issuer are protected by collateral held which is marked to market daily. The collateral is held in segregated accounts at The Bank of New York Mellon. In the event a swap counterparty defaults, the proceeds from realisation of the collateral may be less than what the investor expects. Details of the collateral held can be found in the Collateral section of the WisdomTree website (www. Wisdomtree. Com).
- Please see the risks factors section of the Prospectus for a more detailed discussion of the potential risks
Overview
Fund Overview | |
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Devise de base | USD |
Devises couvertes | Non - ce produit n'est pas protégé contre les fluctuations monétaires défavorables. |
Facteur de levier | N/A |
ISIN | JE00B66M4S72 |
Livraison physique | Non |
Risque sous-jacent | USD/CNY |
Structure | |
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Domicile | Jersey |
Méthode de duplication | Synthétique - swap non financé adossé à une garantie |
Forme juridique | Titre de créance |
Structure juridique | ETP |
Further Legal and Tax Information | |
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ISA | Eligible |
Securities regulator | Central Bank of Ireland (CBI) |
Securities regulator | Financial Conduct Authority (FCA UK) |
UCITS Eligible | Eligible |
UK Reporting Status | Yes |
Key Service Providers | |
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Fiduciaire | The Law Debenture Trust Corporation p.l.c. |
Émetteur | WisdomTree Foreign Exchange Limited |
Registraire | Computershare Investor Services (Jersey) Ltd |
Gestionnaire de garanties | La Banque de New York Mellon |
Contrepartie | Morgan Stanley & Co. International plc |
Fees | |
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MER | 0.59% |
Droits d'entrée et de sortie | Aucun lorsqu'il est négocié en bourse |
Facteur d'ajustement du capital | % |
Taux swap annuel | 0.85% |
Listings & Codes
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Performance
Benchmark | |
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Month-To-Date (mtd) | -1.18% |
Year-To-Date (ytd) | 5.84% |
1 Year | 7.62% |
2 Year | 9.66% |
3 Year | 27.05% |
4 Year | 10.41% |
5 Year | 9.78% |
Product | |
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Month-To-Date (mtd) | -1.26% |
Year-To-Date (ytd) | 5.00% |
1 Year | 6.08% |
2 Year | 6.55% |
3 Year | 21.68% |
4 Year | 4.22% |
5 Year | 2.16% |
Index
MSFXSM Short Chinese Renminbi Index (TR)
MSFX Short Chinese Renminbi Index (TR) est un indice de rendement total qui reflète la performance d'une position entièrement garantie sur des contrats de change à terme qui font l'objet d'un roulement quotidien. L'indice fournit une exposition Short (i) sur les fluctuations du taux de change entre la devise locale CNY et USD et (ii) sur les taux d'intérêt locaux, dans la mesure où ces taux sont pris en compte dans le prix des contrats à terme. L'indice fournit également un rendement de la garantie quotidien. La méthodologie utilisée par Morgan Stanley & Co Inc. pour calculer l'indice est décrite dans le manuel MSFX disponible sur le site http://www.morganstanley.com/institutional/research/msfx.html Les données historiques concernant l'indice sont disponibles sur le site Internet et sur Bloomberg :
Index Details | |
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Index Name | MSFXSM Short Chinese Renminbi Index (TR) |
Index Provider | MSFX |
Index Constituent Count | 1 |
Currency | USD |
Bloomberg Ticker | MSCECNYS |
Reuters Index Ticker | n.a. |
Index Website |
Security | 19 juil. 2024 |
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1. MSFXSM Short Chinese Renminbi Index (TR) | 100.00% |
Collateral Details
Country (weighting) | 19 juil. 2024 |
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1. UNITED STATES | 100.00% |
Currency (weighting) | 19 juil. 2024 |
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1. US Dollar | 100.00% |
Documents and Links |
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Documents
Regulatory
- WisdomTree Foreign Exchange Ltd - Annual Account 2020
- WisdomTree Foreign Exchange Ltd - Annual Account 2019
- ETFS Foreign Exchange Ltd - Annual Account 2018
- ETFS Foreign Exchange Ltd - Annual Account 2017
- ETFS Foreign Exchange Ltd - Annual Account 2016
- ETFS Foreign Exchange Ltd - Annual Account 2015
- ETFS Foreign Exchange Ltd - Annual Account 2014
- ETFS Foreign Exchange Ltd - Annual Account 2013
- ETFS Foreign Exchange Ltd - Annual Account 2012
- ETFS Foreign Exchange Ltd - Annual Account 2011
- ETFS Foreign Exchange Ltd - Annual Account 2010
- ETFS Foreign Exchange Ltd - Annual Account 2009
- WisdomTree Foreign Exchange Ltd - Interim Account 2020
- ETFS Foreign Exchange Ltd - Interim Account 2019
- ETFS Foreign Exchange Ltd - Interim Account 2018
- ETFS Foreign Exchange Ltd - Interim Account 2017
- ETFS Foreign Exchange Ltd - Interim Account 2016
- ETFS Foreign Exchange Ltd - Interim Account 2015
- ETFS Foreign Exchange Ltd - Interim Account 2014
- ETFS Foreign Exchange Ltd - Interim Account 2013
- ETFS Foreign Exchange Ltd - Interim Account 2012
- ETFS Foreign Exchange Ltd - Interim Account 2011
- ETFS Foreign Exchange Ltd - Interim Account 2010
- FXL - Delistings from Deutsche Borse and Relisting - DE
- UK Reporting Fund Approval Letter - ETFS Foreign Exchange Ltd
- UK Reporting Fund Approval Letter - ETFS Foreign Exchange Ltd - USD
- UK Reporting Fund Shareholder Letter - ETFS Foreign Exchange Ltd 2009
- UK Reporting Fund Shareholder Letter - ETFS Foreign Exchange Ltd 2010
- UK Reporting Fund Shareholder Letter - ETFS Foreign Exchange Ltd 2011
- UK Reporting Fund Shareholder Letter - ETFS Foreign Exchange Ltd 2012
- UK Reporting Fund Shareholder Letter - ETFS Foreign Exchange Ltd 2013
- UK Reporting Fund Shareholder Letter - ETFS Foreign Exchange Ltd 2014
- UK Reporting Fund Shareholder Letter - ETFS Foreign Exchange Ltd 2015
- UK Reporting Fund Shareholder Letter - ETFS Foreign Exchange Ltd 2016
- UK Reporting Fund Shareholder Letter - ETFS Foreign Exchange Ltd 2017
- UK Reporting Fund Shareholder Letter - ETFS Foreign Exchange Ltd 2018
- UK Reporting Fund Shareholder Letter - WisdomTree Foreign Exchange Ltd 2019
- UK Reporting Fund Shareholder Letter - WisdomTree Foreign Exchange Ltd 2020
- EPT - UK
Historical Data
Securities issued by the Issuer are direct, limited recourse obligations of the Issuer alone and are not obligations of or guaranteed by any of Morgan Stanley & Co International plc, Morgan Stanley & Co. Incorporated, any of their affiliates or anyone else or any of their affiliates. Each of Morgan Stanley & Co International plc and Morgan Stanley & Co. Incorporated disclaims all and any liability whether arising in tort, contract or otherwise (save as referred to above) which it might have in respect of this document or its contents otherwise arising in connection herewith.
The Morgan Stanley Indices are the exclusive property of Morgan Stanley & Co. Incorporated ("Morgan Stanley"). Morgan Stanley and the Morgan Stanley index names are service mark(s) of Morgan Stanley or its affiliates and have been licensed for use for certain purposes by WisdomTree Management Jersey Limited in respect of the securities issued by Issuer. The securities issued by Issuer are not sponsored, endorsed, or promoted by Morgan Stanley, and Morgan Stanley bears no liability with respect to any such financial securities. The prospectus of Issuer contains a more detailed description of the limited relationship Morgan Stanley has with Issuer and any related financial securities. No purchaser, seller or holder of securities issued by Issuer, or any other person or entity, should use or refer to any Morgan Stanley trade name, trademark or service mark to sponsor, endorse, market or promote this product without first contacting Morgan Stanley to determine whether Morgan Stanley's permission is required. Under no circumstances may any person or entity claim any affiliation with Morgan Stanley without the prior written permission of Morgan Stanley.