USEUWisdomTree Short USD Long EUR
ISIN: JE00B3SBYQ910,39%
Management Fee (MER)
Au 03.07.2026
1 avril 2012
Date de lancement
74 420 345 $US
AUM du fonds
Au 03.07.2026
EUR
Devise de base
Vue d'ensemble
Description du produit
WisdomTree Short USD Long EUR is a fully collateralised, UCITS eligible Exchange Traded Product (ETP) designed to provide investors with an exposure to USD relative to EUR. The ETP tracks the MSFXSM Short US Dollar/Euro Total Return Index (MSCEEUS), providing a total return comprised of the daily performance of FX forward contracts being Short USD relative to EUR, plus the interest revenue adjusted to reflect fees and costs associated with the product. For example, if USD rises by 1% relative to EUR over a day, then the ETP will fall by 1%, excluding fees. However if USD falls by 1% relative to EUR over a day, then the ETP will rise by 1%, excluding fees.
Pourquoi USEU?
- Gain a Short exposure to USD relative to EUR .
- UCITS eligible and fully collateralised.
- Transparent performance and fees.
- Easy to invest: Everything in one product which does not require the investor to hold derivatives or a margin account.
- Risk Management: You cannot lose more than the amount invested.
- Liquidity: Trades on exchange, with multiple authorised participants (APs) and market makers (MMs).
Risques potentiels
- An investment in an ETP involves a degree of risk. Any decision to invest should be based on the information contained in the relevant prospectus. Prospective investors should obtain independent accounting, tax and legal advice and should consult their professional advisers to ascertain the suitability of this ETP as an investment to their own circumstances.
- This ETP is structured as a debt security and not as shares (equity) and can be created and redeemed on demand by authorised participants and traded on exchange just like shares in a company. This ETP is not a UCITS product.
- Market Risk: The value of securities in this ETP is directly affected by increases and decreases in the value of the Index. Accordingly, the value of a security may go up or down and a security holder may lose some or all of the amount invested but can not lose more than the amount invested.
- Liquidity risk: There can be no certainty that securities can always be bought or sold on a stock exchange or that the market price at which the securities may be traded on a stock exchange will always accurately reflect the performance of the Index.
- Currency Risk: The price of securities in this ETP is generally quoted in EUR. To the extent that a security holder purchases securities in another currency, the value will be affected by changes in the exchange rate.
- Counterparty risk: The Issuer is reliant on there being swap counterparties available to enter into swap agreements on a continuing basis and, if no swap counterparties are willing to do so, the ETP will not be able to achieve its investment policy of tracking the performance of the Index.
- Credit Risk: The Issuer is subject to the risk that third party service providers may fail to return property or collateral belonging to the Issuer or pay money due to the issuer. The ETP is backed by swaps. The payment obligations of the swap counterparties to the Issuer are protected by collateral held which is marked to market daily. The collateral is held in segregated accounts at The Bank of New York Mellon. In the event a swap counterparty defaults, the proceeds from realisation of the collateral may be less than what the investor expects. Details of the collateral held can be found in the Collateral section of the WisdomTree website (www. Wisdomtree. Com).
- Please see the risks factors section of the Prospectus for a more detailed discussion of the potential risks
Informations clés
| Vue d'ensemble du produit | Au 03.07.2026 |
|---|---|
| ISIN | JE00B3SBYQ91 |
| Classe d'actifs | FX |
| Devise de base | EUR |
| Date de lancement | 1 avril 2012 |
| Couvert contre le risque de change | Non - ce produit n'est pas protégé contre les fluctuations monétaires défavorables. |
| Livraison physique | Non |
| Risque sous-jacent | EUR/USD |
| Valeur liquidative | Au 03.07.2026 |
|---|---|
| NAV | 30.583 $US |
| Variation quotidienne | -0.002 $US |
| Rendement quotidien | -0,006% |
| AUM total du fonds | 74 420 345 $US |
| AUM de l'émetteur | 262 286 828 $US |
| Parts en circulation | 2 126 570 |
Structure
| Structure | Au 03.07.2026 |
|---|---|
| Forme juridique | Titre de créance |
| Structure juridique | ETP |
| Méthode de réplication | Synthetic - unfunded swap backed by collateral |
| Domiciliation | Jersey |
| Informations juridiques et fiscales complémentaires | Au 03.07.2026 |
|---|---|
| ISA | Eligible |
| SIPP | Eligible |
| Éligible UCITS | Yes |
| Statut de reporting UK | Yes |
Prestataires de services clés
| Prestataires de services clés | Au 03.07.2026 |
|---|---|
| Émetteur | WisdomTree Foreign Exchange Limited |
| Contrepartie | Morgan Stanley & Co. International plc |
| Fiduciaire | The Law Debenture Trust Corporation p.l.c. |
| Agent de registre | Computershare Investor Services (Jersey) Ltd |
| Gestionnaire du collatéral | The Bank of New York Mellon |
| Frais | Au 03.07.2026 |
|---|---|
| Management Fee (MER) | 0,39% |
| Taux de swap annuel | 0,60% |
Pays passeportés
Allocation par pays
| Pays | Poids (%) |
|---|---|
| UNITED STATES | 83,66% |
| GERMANY | 16,34% |
Cotations et codes
| Pays | Bourse | Devise de cotation | Ticker de cotation | Ticker Bloomberg | RIC | SEDOL | ISIN | WKN | Date de cotation |
|---|---|---|---|---|---|---|---|---|---|
| Borsa Italiana | EUR | USEU | USEU IM | USEU.MI | B65L6J0 | JE00B3SBYQ91 | A1EKY2 | 16.01.2014 | |
| Xetra | EUR | XBJQ | XBJQ GY | XBJQ.DE | BP9LNP4 | JE00B3SBYQ91 | A1EKY2 | 02.07.2010 |
Index Details
MSFXSM Short US Dollar/Euro Index (TR)
The Index provides: (i) a 'short' exposure to USD relative to EUR. For example, if USD were to rise in value relative to EUR, the Index (tracked by the ETC) would decrease in value. Conversely if USD were to decrease in value relative to EUR, the Index would increase in value; and (ii) an interest rate differential reflecting the difference between the USD and the EUR exchange rates.
The Index is a total return index, which means that it also provides a collateral yield.
| Index Details | |
|---|---|
| Index Name | MSFXSM Short US Dollar/Euro Index (TR) |
| Currency | EUR |
| Index Provider | Morgan Stanley |
| Bloomberg Ticker | MSCEEUS |
| Reuters Index Ticker | n.a. |
| Index Website | https://www.morganstanley.com/what-we-do/sales-and-trading/msfx |
| Index Constituent Count | 1 |
| Securities | 03.07.2026 |
|---|---|
| MSFXSM Short US Dollar/Euro Index (TR) | 100,00% |
Collateral Details
| Incorporated Country | Weight |
|---|---|
| UNITED STATES | 83,66% |
| GERMANY | 16,34% |
| Currency | Weight |
|---|---|
| US Dollar | 83,66% |
| Euro | 16,34% |
Documents
AVERTISSEMENTS
The products discussed in this document are issued by WisdomTree Foreign Exchange Limited (the "Issuer"). The Issuer is regulated by the Jersey Financial Services Commission. Investors should read the prospectus of the Issuer before investing and should refer to the section of the prospectus entitled ‘Risk Factors’ for further details of risks associated with an investment in the securities offered by the Issuer.
Securities issued by the Issuer are direct, limited recourse obligations of the Issuer alone and are not obligations of or guaranteed by any of Morgan Stanley & Co International plc, Morgan Stanley & Co. Incorporated, any of their affiliates or anyone else or any of their affiliates. Each of Morgan Stanley & Co International plc and Morgan Stanley & Co. Incorporated disclaims all and any liability whether arising in tort, contract or otherwise (save as referred to above) which it might have in respect of this document or its contents otherwise arising in connection herewith.
The Morgan Stanley Indices are the exclusive property of Morgan Stanley & Co. Incorporated ("Morgan Stanley"). Morgan Stanley and the Morgan Stanley index names are service mark(s) of Morgan Stanley or its affiliates and have been licensed for use for certain purposes by WisdomTree Management Jersey Limited in respect of the securities issued by Issuer. The securities issued by Issuer are not sponsored, endorsed, or promoted by Morgan Stanley, and Morgan Stanley bears no liability with respect to any such financial securities. The prospectus of Issuer contains a more detailed description of the limited relationship Morgan Stanley has with Issuer and any related financial securities. No purchaser, seller or holder of securities issued by Issuer, or any other person or entity, should use or refer to any Morgan Stanley trade name, trademark or service mark to sponsor, endorse, market or promote this product without first contacting Morgan Stanley to determine whether Morgan Stanley's permission is required. Under no circumstances may any person or entity claim any affiliation with Morgan Stanley without the prior written permission of Morgan Stanley.