Swiss Franc Trust (the “Trust”) is a grantor trust that was formed on June 8, 2006. The Shares began trading on the New York Stock Exchange under the ticker symbol “FXF” on June 26, 2006. The primary listing of the Shares was transferred to NYSE Arca Inc. (“NYSE Arca”) on October 30, 2007. The Trust issues shares (the “Shares”) in blocks of 50,000 (a “Basket”) in exchange for deposits of Swiss Francs and distributes Swiss Francs in connection with the redemption of Baskets. The investment objective of the Trust is for the Shares to reflect the price in USD of Swiss Francs plus accrued interest, if any, less the expenses of the Trust’s operations. The Shares are intended to offer investors an opportunity to participate in the market for the Swiss Franc through an investment in securities. The Shares are intended to provide institutional and retail investors with a simple, cost-effective means of gaining investment benefits similar to those of holding the Swiss Franc. The Shares are bought and sold on NYSE Arca like any other exchange-listed security. The Shares are backed by the assets of the Trust, which does not hold or use derivative products. The Trust is a passive investment vehicle and does not have any officers, directors or employees. The Trust does not engage in any activities designed to obtain profit from, or ameliorate losses caused by, changes in the price of the Swiss Franc. Investing in the Shares does not insulate the investor from certain risks including price volatility. The value of the holdings of the Trust is reported on the Trust’s website, www.invesco.com/etfs, each business day.
Company profile
Ticker
FXF
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
CURRENCYSHARES SWISS FRANC TRUST
SEC CIK
FXF stock data
Latest filings (excl ownership)
10-Q
2024 Q1
Quarterly report
7 May 24
424I
Prospectus supplement
22 Mar 24
10-K
2023 FY
Annual report
22 Feb 24
8-K
Departure of Directors or Certain Officers
28 Nov 23
10-Q
2023 Q3
Quarterly report
7 Nov 23
10-Q
2023 Q2
Quarterly report
3 Aug 23
10-Q
2023 Q1
Quarterly report
8 May 23
424I
Prospectus supplement
24 Mar 23
10-K
2022 FY
Annual report
23 Feb 23
10-Q
2022 Q3
Quarterly report
3 Nov 22
Latest ownership filings
No filings
Financial summary
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Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
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Cash on hand (at last report) | 148.18 mm | 148.18 mm | 148.18 mm | 148.18 mm | 148.18 mm | 148.18 mm |
Cash burn (monthly) | 14.04 mm | 4.32 mm | (no burn) | 1.51 k | (no burn) | 23.72 k |
Cash used (since last report) | 40.62 mm | 12.51 mm | n/a | 4.38 k | n/a | 68.64 k |
Cash remaining | 107.56 mm | 135.66 mm | n/a | 148.17 mm | n/a | 148.11 mm |
Runway (months of cash) | 7.7 | 31.4 | n/a | 97809.2 | n/a | 6244.1 |
Institutional ownership, Q4 2023
1.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 8 |
Opened positions | 1 |
Closed positions | 40 |
Increased positions | 0 |
Reduced positions | 1 |
13F shares | Current |
---|---|
Total value | 1.12 bn |
Total shares | 14.64 k |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
RFG Advisory | 5.08 k | $537.57 mm |
International Assets Investment Management | 3.92 k | $37.00 k |
Baker Ellis Asset Management | 3.20 k | $338.50 mm |
FITB Fifth Third Bancorp | 1.50 k | $158.67 mm |
Venturi Wealth Management | 498.00 | $52.68 mm |
North Star Investment Management | 280.00 | $29.62 mm |
Cutler | 100.00 | $10.00 k |
Massmutual Trust Co FSB | 65.00 | $6.88 mm |