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



The ETF: PowerShares DB Gold Double Long ETN (DGP)

 

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PowerShares DB Gold Double Long ETN
The PowerShares DB Gold Double Long Exchange Traded Note, the PowerShares DB Gold Short Exchange Traded Note and the PowerShares DB Gold Double Short Exchange Traded Note are the first exchange traded products providing investors with a cost-effective & convenient way to take short or leveraged views on the performance of gold. Each ETN is based on the Deutsche Bank Liquid Commodity Index-Optimum Yield Gold, designed to reproduce the performance of certain gold 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: DGP

Fund manager: Invesco PowerShares ETNs

Fund information from Invesco PowerShares ETNs: PowerShares DB Gold Double Long ETN

Fund launched:


This is the opposite/inverse investment product to the PowerShares DB Gold Double Short ETN (DZZ).



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