CurrencyShares Singapore Dollar Trust is designed to track the price of the Singapore Dollar net of Trust expenses.
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Wednesday, February 13, 10:46 AM
Guggenheim's CurrencyShares Singapore Dollar Trust (FXSG) is the 1st ETF tracking the Singapore dollar. The ETF holds foreign currency deposits rather than derivatives, rising when the U.S. dollar weakens relative to the Singapore dollar. FXSG comes with an expense ratio of 0.40% - standard for CurrencyShares ETFs, but cheaper than other currency ETFs UUP (0.50%), CEW (0.55%), INR (0.55%), BZF (0.45%), CNY (0.55%), ERO (0.40%) and ICI (0.65%). (pdf)
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