NEW YORK, Sept. 4, 2012 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced the distribution declarations for the following CurrencyShares® exchange traded products: CurrencyShares® Australian Dollar Trust (NYSE:FXA), CurrencyShares® Canadian Dollar Trust (NYSE:FXC) and CurrencyShares® Swedish Krona Trust (NYSE:FXS).
|NYSE Ticker||Fund Name||Declaration Date||Ex-dividend Date||Record Date||Payable Date/Share|
|FXA||CurrencyShares Australian Dollar Trust||8/31/2012||9/4/2012||9/6/2012||9/11/2012||$0.24320|
|FXC||CurrencyShares Canadian Dollar Trust||8/31/2012||9/4/2012||9/6/2012||9/11/2012||$0.00642|
|FXS||CurrencyShares Swedish Krona Trust||8/31/2012||9/4/2012||9/6/2012||9/11/2012||$0.11457|
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® offer investors and institutions a convenient and cost-effective method of gaining investment benefits similar to that of holding foreign currencies, including potential diversification and hedging benefits. More details about the products are available at www.currencyshares.com.
About Guggenheim Investments
Guggenheim Investments represents the investment management division of Guggenheim Partners ("Guggenheim"), which consists of investment managers with approximately $130 billion in combined total assets1. Collectively, Guggenheim Investments has a long, distinguished history of serving institutional investors, ultra-high-net-worth individuals, family offices and financial intermediaries. Guggenheim Investments offers clients a wide range of differentiated capabilities built on a proven commitment to investment excellence. Guggenheim Investments has offices in Chicago, New York City and Santa Monica, along with a global network of offices throughout the United States, Europe, and Asia.
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. The CurrencyShares® Australian Dollar (FXA) Trust, CurrencyShares® Canadian Dollar (FXC) Trust and CurrencyShares® Swedish Krona (FXS) Trust (each a "Trust" and collectively, the "Trusts") has filed a registration statement (including a prospectus) with the SEC for the offerings to which this communication relates. Before you invest in the shares of a Trust, you should read the prospectus in the registration statement and other documents the Trust has filed with the SEC for more complete information about the Trust and its offering. You may get these documents for free by visiting EDGAR on the SEC web site at www.sec.gov. Alternatively, you may click the links above or the Trust will arrange to send you its prospectus if you request it by calling toll-free 800.820.0888.
The CurrencyShares Trusts are distributed by Rydex Distributors, LLC. Guggenheim Investments represents the investment management businesses of Guggenheim Partners ("GP"), which includes Security Investors, LLC ("SI"). Guggenheim Specialized Products, LLC ("GSP"), the Sponsor for the CurrencyShares Trusts, is a wholly owned subsidiary of SI. Rydex Distributors, LLC, is affiliated with GP, SI and GSP.
Not FDIC Insured – No Bank Guarantee –May Lose Value.
1 The total asset figure is as of 6/30/2012 and includes $9.9B of leverage for Assets Under Management and $0.8B of leverage for Serviced Assets. Total assets include assets from Security Investors, LLC, Guggenheim Partners Investment Management, LLC ("GPIM", formerly known as Guggenheim Partners Asset Management, LLC; GPIM assets also include all assets from Guggenheim Investment Management, LLC which were transferred as of 06.30.2012), Guggenheim Funds and its affiliated entities, and some business units including Guggenheim Real Estate, LLC, Guggenheim Aviation, GS GAMMA Advisors, LLC, Guggenheim Partners Europe Limited, Transparent Value Advisors, LLC, and Guggenheim Partners India Management. Values from some funds are based upon prior periods.
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