WisdomTreeLong JPY Short GBP 

The WisdomTree Long JPY Short GBP is a fully collateralised Exchange Traded Product (ETP), compliant with UCITS regulations, crafted to offer investors exposure to the Japanese Yen's performance against the British Pound. This ETP tracks the MSFXSM Long Japanese Yen/GBP Total Return Index (MSCEGJL). Its total return encompasses the daily fluctuations of FX forward contracts designed to be long JPY and short GBP, along with adjusted interest revenue after accounting for associated fees and costs. For instance, if the JPY strengthens by 1% against the GBP over a day, the ETP's value would typically rise by 1%, before fees. Conversely, a 1% weakening of the JPY relative to the GBP over the same period would generally lead to a 1% fall in the ETP's value, excluding fees.