Invesco CurrencyShares Japanese Yen Trust

Frequently Asked Questions About FXY

What does FXY invest in?

The Invesco CurrencyShares Japanese Yen Trust is an exachange-traded fund designed to track the price of the Japanese yen, net of trust expenses. The investment objective of the Trust is for the Shares to reflect the price in USD of the Japanese Yen. The Shares are intended to offer investors an opportunity to participate in the market for the Japanese Yen through an investment in securities.

What is the expense ratio of FXY?

Invesco CurrencyShares Japanese Yen Trust (FXY) charges an expense ratio of 0.40%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FXY?

Invesco CurrencyShares Japanese Yen Trust (FXY) manages $461.6M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is FXY actively managed or an index fund?

FXY's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was FXY launched?

Invesco CurrencyShares Japanese Yen Trust (FXY) launched in February 2007 and is managed by Invesco.

How has FXY performed?

FXY's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.