Invesco CurrencyShares® Australian Dollar Trust company info

What does Invesco CurrencyShares® Australian Dollar Trust do?
Invesco CurrencyShares® Australian Dollar Trust (NYSE:FXA) is dedicated to providing investors with exposure to the Australian Dollar (AUD) by tracking the price and yield performance of its underlying asset, the Australian Dollar. This unique financial instrument offers a straightforward way for market participants to gain insights and exposure to the AUD, without the need for direct investment in the foreign exchange markets. Through its operations, the objective is to reflect the price of the Australian Dollar, net of the Trust's expenses. By doing so, it aims to offer investors an effective tool for diversifying their portfolio, hedging against currency risks, or speculating on the performance of the Australian Dollar based on economic conditions and market sentiment.
Invesco CurrencyShares® Australian Dollar Trust company media
Company Snapshot

Is Invesco CurrencyShares® Australian Dollar Trust a public or private company?

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Ownership
Public

How many people does Invesco CurrencyShares® Australian Dollar Trust employ?

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Employees
5,024

What sector is Invesco CurrencyShares® Australian Dollar Trust in?

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Sector
ETF

Where is the head office for Invesco CurrencyShares® Australian Dollar Trust?

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Head Office
Atlanta, United States

What year was Invesco CurrencyShares® Australian Dollar Trust founded?

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Year Founded
2006
What does Invesco CurrencyShares® Australian Dollar Trust specialise in?
/Currency Exposure /Investment Management /Australian Dollar /Financial Services /ETF Trading /Risk Management

What are the products and/or services of Invesco CurrencyShares® Australian Dollar Trust?

Overview of Invesco CurrencyShares® Australian Dollar Trust offerings
Designed to track the price of the Australian Dollar, offering investors exposure to fluctuations in the AUD market.
Provides a straightforward method for investing in Australian dollars without needing a foreign exchange account.
Enables diversification of investment portfolios by including a foreign currency component.
Offers potential hedge against currency risk for investors with exposure to Australian assets.
Accessible through a traditional brokerage account, simplifying the investment process.
Listed on a major stock exchange, providing liquidity and ease of trade for investors.