CurrencyShares British Pound Sterling TrustFind Ratings Reports
- Last Ratings Update:06/30/2016
- Price as of 06/30/2016 :$129.89
- Net Assets:$87.7 Million
- Peer Rank:189 of 318
- Investment Rating:D+
We rate Guggenheim British Pound Sterling at D+. Negative factors that influence this rating include a well below average total return. The fund may be considered for investors seeking a Non-US Equity strategy.
POSITIVES AND RISKS
Total return ranks well below peers over the last three years. The Guggenheim British Pound Sterling has returned an annual rate of -3.07% since inception. More recently, the fund has generated a total return of -4.01% in the last five years, -4.08% in the last three years, and -15.16% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 20% of them. It has also outpaced 18% of its competitors on a three year basis and 13% of them over the last year for the period ending 6/30/2016. On a year to date basis, FXB has returned -10.03%.
Downside risk has been below average. FXB has a draw down risk of -22.86%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 8.9%. This fund has had very little volatility in its monthly performance over the last 36 months. As of 6/30/2016, the fund was trading at a price of $129.89, which is 10.8% below its 52-week high of $145.60 and 1.2% above its 52-week low of $128.40.
Low expense ratio helps performance. As FXB is an exchange traded fund, it has no front end or back end load.
The Guggenheim British Pound Sterling is managed by a team at Guggenheim Investments. This fund is one of 29 Guggenheim Investments exchange-traded funds launched since 4/24/2003 that we track.