The WisdomTree Long GBP Short USD is an Exchange Traded Product (ETP) that provides investors with direct exposure to the performance of the British Pound against the US Dollar. This fully collateralized and UCITS-compliant ETP tracks the MSFXSM Long British Pound Total Return Index (MSCEGBPL). Its total return is generated from the daily movements of foreign exchange forward contracts, which are positioned to benefit from a stronger GBP relative to the USD, alongside any interest revenue, all adjusted for the product's associated fees and costs.