Invesco CurrencyShares Swiss Franc Trust FXF
The Invesco CurrencyShares® 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.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $458.6K | $318.8K | $0 | $0 | — | $0 | $0 | $0 | $0 |
| Total operating expenses | $1.7M | $616.9K | $772.0K | $2.3M | $3.1M | $2.4M | $1.7M | $1.8M | $1.8M | $1.9M |
| Interest expense | — | $0 | $54 | $1.3M | $2.0M | $1.5M | $1.1M | $1.2M | $1.2M | $1.3M |
| Pre-tax income | -$1.7M | -$158.2K | -$453.2K | -$2.3M | -$3.1M | -$2.4M | -$1.7M | -$1.8M | -$1.8M | -$1.9M |
| Income tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net income | -$1.7M | -$158.2K | -$453.2K | -$2.3M | -$3.1M | -$2.4M | -$1.7M | -$1.8M | -$1.8M | -$1.9M |
| EPS, basic | -0.53 | -0.10 | -0.23 | -0.91 | -1.15 | — | — | — | — | — |
| EPS, diluted | -0.53 | -0.10 | -0.23 | -0.91 | -1.15 | -1.13 | -1.08 | -1.11 | -1.12 | -1.14 |
| Shares, diluted (wtd. avg.) | $3.2M | $1.5M | $1.9M | $2.5M | $2.7M | — | — | — | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $396.6M | $142.2M | $190.3M | $217.0M | $247.4M | $288.9M | $128.7M | $175.2M | $151.9M | $154.9M |
| Total current assets | — | — | — | — | — | — | — | $176.7M | $151.9M | $154.9M |
| Total assets | $396.6M | $142.2M | $190.4M | $217.0M | $247.4M | $294.1M | $133.4M | $175.2M | — | — |
| Total current liabilities | — | — | — | — | — | — | — | $173.7K | $149.7K | $152.5K |
| Total liabilities | $320.5K | $48.2K | $66.6K | $73.9K | $248.5K | $282.3K | $136.5K | $178.6K | — | — |
| Retained earnings | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$1.5M | -$101.8K | -$544.8K | -$2.4M | -$3.2M | -$2.2M | -$1.8M | -$1.8M | -$1.8M | -$2.0M |
| Financing cash flow | $224.3M | -$34.6M | -$43.9M | -$23.6M | -$28.0M | $141.2M | -$47.2M | $28.7M | -$23.1K | -$24.5M |
| Dividends paid | — | $54.8K | $39.1K | — | — | — | — | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-083569.
Others in SIC 6221
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| GBTC | Grayscale Bitcoin Trust ETF | $10.63B | — | — |
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