GBP (British Pound) Currency

GBP (British Pound) currency funds and ETFs invest the majority of their... GBP (British Pound) currency funds and ETFs invest the majority of their assets in the British Pound currency or British Pound currency futures contracts. These funds, which tend to be priced in U.S. dollars, are usually passively managed. They can be leveraged or unleveraged. There are also versions of these funds, which allow investors to express a bearish view on the Pound. The Pound’s value vs. the U.S dollar is affected by a number of factors, such as relative interest rates (interest rate differentials among countries), economic growth expectations, commodity prices, budget and trade deficits, economic policies like Brexit, and geopolitical tensions. Speculators also play a big role in short-term currency fluctuations. As a result, these may be appropriate for an aggressive investor willing to take on a fair amount of risk to achieve higher returns. Last Updated: 11/27/2024 View more View less

GBP (British Pound) currency funds and ETFs invest the majority of their assets in the British Pound currency or British Pound currency futures contracts. These funds, which tend to be priced in U.S.... GBP (British Pound) currency funds and ETFs invest the majority of their assets in the British Pound currency or British Pound currency futures contracts. These funds, which tend to be priced in U.S. dollars, are usually passively managed. They can be leveraged or unleveraged. There are also versions of these funds, which allow investors to express a bearish view on the Pound. The Pound’s value vs. the U.S dollar is affected by a number of factors, such as relative interest rates (interest rate differentials among countries), economic growth expectations, commodity prices, budget and trade deficits, economic policies like Brexit, and geopolitical tensions. Speculators also play a big role in short-term currency fluctuations. As a result, these may be appropriate for an aggressive investor willing to take on a fair amount of risk to achieve higher returns. Last Updated: 11/27/2024 View more View less