iPath GBP/USD Exchange Rate ETN (GBB)
- Currency | European Region Funds
The iPath® GBP/USD Exchange Rate ETN is designed to provide investors with exposure to the British pound/U.S. dollar exchange rate (the "GBP/USD exchange rate" or the "Index"). The GBP/USD exchange rate is a foreign exchange spot rate that measures the relative values of two currencies, the British pound and the U.S. dollar. When the British pound appreciates relative to the U.S. dollar, the GBP/USD exchange rate (and the value of the ETNs) increases; when the British pound depreciates relative to the U.S. dollar, the GBP/USD exchange rate (and the value of the ETNs) decreases.
Fund Snapshot Updated 04.15.2014
|Previous Close||$44.74||Expense Ratio||0.40%|
|YTD Return||0.61%||Avg. 30-Day Volume||233|
|1-Year Return||8.7%||Market Cap||Loading...|