Best Healthcare Technology Stocks To Own Right Now

Best Healthcare Technology Stocks To Own Right Now: Guggenheim CurrencyShares Australian Dollar Trust (FXA)

Guggenheim CurrencyShares Australian Dollar Trust, formerly The CurrencyShares Australian Dollar Trust, is a grantor trust. The Trust issues shares (the Shares) in blocks of 50,000 (a Basket) in exchange for deposits of Australian Dollars and distributes Australian Dollars in connection with the redemption of Baskets. The investment objective of the Trust is for the Shares to reflect the price of Australian Dollars plus accrued interest, if any, less the expenses of the Trusts operations. The Shares are intended to offer investors an opportunity to participate in the market for the Australian Dollar through an investment in securities. The Shares are bought and sold on New York Stock Exchange (NYSE) Arca like any other exchange-listed security.

The Trust holds Australian Dollars and, from time to time, issues Baskets in exchange for deposits of Australian Dollars and distributes Australian Dollars in connection with redemptions of Baskets. The Sponsor of t he Trust oversees the performance of the Trustee and the Trusts principal service providers. The Sponsor is Rydex Specialized Products LLC. The Sponsor is responsible for payment of administrative and marketing expenses. The Bank of New York Mellon serves as the Trustee. The Trustee is responsible for the day-to-day administration of the Trust, including keeping the Trusts operational records. JPMorgan Chase Bank, N.A., London Branch is the Depository.

Advisors' Opinion:

• [By Richard Cox]

  Finally, the Australian Dollar has moved to new lows for the year, and prices in the AUD/USD will be forced to contend with another 61.8% Fib retracement (of the move from 0.8060 seen in 2010). This suggests the declines are in need of a corrective bound and equates to a bearish bias in the CurrencyShares Australian Dollar Trust (FXA).

source from T! op Penny Stocks For 2015:http://www.seekpennystocks.com/best-healthcare-technology-stocks-to-own-right-now-2.html