Description

DLR offers a unique opportunity for investors to capture the positive performance of the U.S. dollar versus the Canadian dollar. Offers the opportunity to transfer DLR units into DLR.U and therefore transact in U.S. dollars, enabling a potentially cost-efficient conversion from U.S. dollars to Canadian dollars. DLR is a low-cost way to invest in currencies, with no additional fees or margin requirements associated with trading currencies directly. DLR.U seeks to reflect the reference value in Canadian dollars (in respect of the Cdn$ Units) and U.S. dollars (in respect of the US$ Units) of the U.S. dollar, net of expenses, by investing primarily in cash and Cash Equivalents that are denominated in the U.S. dollar.