About USGB
WisdomTree Short USD Long GBP is a fully collateralised, UCITS eligible Exchange Traded Product (ETP) structured as a Jersey-domiciled debt security. It provides investors with a short exposure to the US Dollar (USD) relative to the British Pound (GBP), tracking the MSFX SM Short US Dollar/GBP Index (TR). This total return index captures the daily performance of FX forward contracts short USD against GBP, plus an interest rate differential between the two currencies, along with collateral yield. For instance, if the USD weakens against the GBP, the ETP's value rises, excluding fees; conversely, a strengthening USD leads to declines. The product uses synthetic replication via unfunded swaps backed by collateral held in segregated accounts at The Bank of New York Mellon, managed daily to mitigate counterparty risk from providers like Morgan Stanley. With a base currency in GBP, a management expense ratio of 0.39%, and an annual swap rate of 0.60%, it offers transparent fees, liquidity through exchange trading, and limited recourse protection where losses do not exceed the invested amount. Issued by WisdomTree Foreign Exchange Limited and regulated by the Jersey Financial Services Commission, this ETP plays a key role in currency markets, enabling targeted bets on GBP appreciation without direct derivatives or margin requirements, appealing to those seeking exposure to forex dynamics in diversified portfolios.
Asset Class Currency
Category Long GBP, Short USD
Stock Exchange London Stock Exchange
Ticker Symbol USGB
Provider WisdomTree
Index Tracked MSFX Short US Dollar/GBP Index - GBP
USGB had a total return of -100.00% in the past year, including dividends. Since the fund's
inception, the average annual return has been -100.00%.
London · Delayed Price · Currency is GBP · Price in GBX