The PowerShares DB Base Metals Double Long Exchange Traded Note, the PowerShares DB Base Metals Long Exchange Traded Note, the PowerShares DB Base Metals Short Exchange Traded Note and the PowerShares DB Base Metals Double Short Exchange Traded Note are the first U.S. exchange traded products providing investors with a cost-effective & convenient way to take a long, short or leveraged view on the performance of base metals. Each ETN is based on the Deutsche Bank Liquid Commodity Index - Optimum Yield Industrial Metals, designed to reproduce the performance of certian futures contracts on aluminum, copper and zinc plus the returns from investing in three-month U.S. Treasury Bills.
Investment type: ETN (Exchange-Traded Note); listed on the U.S. NYSE exchange
Ticker symbol: BDD
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