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Chance Carson » Comments » EGB
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The Complete List of Currency ETFs [View article]
Yeah, CTA, we also noticed the low correlation of CYT with the Yuan. Bummer!
By the way, Barclays just launched another bundled currency ETN-
(Barclays GEMS Asia 8 ETN. Symbol on NYSE Arca- AYT). This ETN bundles eight Asian currencies making it a bit too region specific for my tastes. I find JEM a much better world-wide diversified play with a significantly higher yield.
Murray Coleman of IndexUniverse wrote an excellent post about AYT last week which is an excellent overview worth reading if you are following or utilizing currency ETFs/ETNs: (www.indexuniverse.com/...)