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See Also
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Mexican Peso ETF
Investors wishing to trade or invest in the Mexican Peso (MXN) have an ETF sponsored by CurrencyShares, a division of Rydex Investments. The CurrencyShares Mexican Peso Trust trades on the NYSE Arca exchange under symbol (FXM).
Besides being one of the largest US trade partners, Mexico has 12 free trade agreements with over 40 countries including NAFTA with the United States. The Mexican Peso (MXN) is the twelfth-most-traded currency in the world according to Rydex Investments.
The CurrencyShares Mexican Peso Trust (FXM) vital stats:
Symbol: FXM Exchange: NYSE Arca Expense Ratio: 0.40% Dividend Distribution: Monthly NAV or AUM: $25 Million as of 4/30/2009 CUSIP: 23130H 10 7 Inception Date: 6/21/2006
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