DBV is a very interesting product in that it invests in G10 currencies as far as its investment universe goes, and according to ETFdb.com “is designed to exploit the trend that currencies associated with relatively high interest rates, on average, tend to rise in value relative to currencies associated with relatively low interest rates.” In looking at the current positions within DBV, we see bullish Australian Dollar, New Zealand Dollar, and Norwegian Krone, while bearish Swiss Franc, Japanese Yen, and U.S. Dollar.
CurrencyShares Australian Dollar Trust
For more information on Street One ETF research and ETF trade execution/liquidity services, contact Paul Weisbruch at [email protected].
Street One Financial is an educational/research firm utilizing the Broker Dealer services of Precision Securities, a FINRA registered Broker/Dealer.