Description

WisdomTree Long USD Short GBP is a fully collateralised, UCITS eligible Exchange Traded Product (ETP) designed to provide investors with an exposure to USD relative to GBP. The ETP tracks the MSFXSM Long US Dollar/GBP Total Return Index (MSCEGUL), providing a total return comprised of the daily performance of FX forward contracts being Long USD relative to GBP, plus the interest revenue adjusted to reflect fees and costs associated with the product. For example, if USD rises by 1% relative to GBP over a day, then the ETP will rise by 1%, excluding fees. However if USD falls by 1% relative to GBP over a day, then the ETP will fall by 1%, excluding fees.