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CYB provides an actively managed approach to gain exposure to the Chinese yuan. It achieves its objective by investing in short-term, investment-grade instruments.

CNY, an exchange traded note, follows price movements between the yuan and USD. This note is open to credit risk and uses rolling, three-month currency futures contracts to provide exposure to the exchange rate of the Chinese yuan to the U.S. dollar.

FXCH maintains a deposit account denominated in Chinese renminbi, and interest earned will be used to pay expenses and any left over will be distributed to shareholders.

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WisdomTree Dreyfus Chinese Yuan Fund