The WisdomTree Short GBP Long USD is a fully-backed Exchange Traded Product (ETP) that adheres to UCITS standards, providing investors with exposure to the British Pound's performance relative to the US Dollar. It mirrors the performance of the MSFXSM Short British Pound Total Return Index (MSCEGBPS). The ETP's total return is derived from the daily performance of FX forward contracts that are strategically short the British Pound against the US Dollar, augmented by earned interest revenue, but net of all product-related fees and costs.