User:TedSwippet/ETF currencies



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Mermaid code: graph TD

Ae(EURO investor) Ae-->|Exchange EUR->GBP to broker|B Ag(GBP investor) Ag-->|Send GBP to broker|B

B[Buy ETF] B---C

subgraph X [ ] C[GBP currency] D[USD currency] E[JPY currency] F[JPY assets] C-->|Exchange GBP->USD|D C-.->|Equivalent exchange|E D-->|Exchange USD->JPY|E E-->|ETF buys assets|F end

G(End holding period) F-.->|Hold ETF|G

M(End holding period) M-->N

N[Sell ETF] N---O

subgraph Y [ ] O[JPY assets] P[JPY currency] Q[USD currency] R[GBP currency] O-->|ETF sells assets|P P-->|Exchange JPY->USD|Q P-.->|Equivalent exchange|R Q-->|Exchange USD->GBP|R end

Se(EURO investor) R-->|Exchange GBP->EUR from broker|Se Sg(GBP investor) R-->|Receive GBP from broker|Sg

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