CURRENCYSHARES EURO TRUST: (AMEX: FXE)
May 17 04:00 PM ET
BENCHMARK for FXE
The EUR/USD exchange rate is a foreign exchange spot rate that measures the relative values of two currencies, the euro and the U.S. dollar.The euro is the currency of 17 European Union countries. Euro banknotes and coins are a part of daily life for more than 327 million people living in the euro area.
FUND SUMMARY FOR FXE
CURRENCYSHARES EURO TRUST
The Trust issues Euro Shares that represent units of fractional undivided beneficial interest in, and ownership of, the Trust. The investment objective of the Trust is for the Shares to reflect the price in USD of the Euro. The Shares are intended to provide investors with a simple, cost-effective means of gaining investment benefits similar to those of holding Euros.