How to invest in British Pound?
How to invest in British Pound?
How can I invest in GBP in Canada? I don't want to get a GBP savings account at the bank with the high conversion costs.
- IdOp
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Re: How to invest in British Pound?
One possibility is the US-based ETF, CurrencyShares British Pound E.T.F., symbol FXB on NYSE. You can buy it with US dollars on the US side of a Canadian brokerage account. It would count as foreign property for T-1135 reporting though. I have no idea if this comes close to what you're looking for, based on the given information.