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U.S.-Listed ETF listed on a U.S. stock exchange



The ETF: PowerShares DB Commodity Double Short ETN (DEE)

 

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PowerShares DB Commodity Double Short ETN
The PowerShares DB Commodity Double Long Exchange Traded Note, the PowerShares DB Commodity Long Exchange Traded Note, the PowerShares DB Commodity Short Exchange Traded Note and the PowerShares DB Commodity 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 a broad-based commodity index. Each ETN is based on the Deutsche Bank Liquid Commodity Index, designed to reproduce the performance of certain wheat, corn, light sweet crude oil, heating oil, gold and aluminum futures contracts 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

(Note that ETNs, unlike ETFs, are subject to risk if the issuing bank has its credit rating lowered or enters bankruptcy.)

Ticker symbol: DEE

Fund manager: Invesco PowerShares ETNs

Fund information from Invesco PowerShares ETNs: PowerShares DB Commodity Double Short ETN

Fund launched:


This is the opposite/inverse investment product to the PowerShares DB Commodity Double Long ETN (DYY).



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