PowerShares DB 3x Short 25+ Year Treasury Bond ETN
The PowerShares DB U.S. Treasury ETNs are based on the DB Long U.S. Treasury Bond Futures Index and the DB Short U.S. Treasury Bond Futures Index, which measure the performance of a long or short investment in the CBOT Ultra T-Bond futures. The DB Long U.S. Treasury Bond Futures Index trackss the performance of a long investment in the CBOT Ultra T-Bond futures, and the DB Short U.S. Treasury Bond Futures Index trackss the performance of a short investment in the CBOT Ultra T-Bond futures. The underlying assets of the Ultra T-Bond futures are U.S. Treasury Bonds with at least 25 years remaining term to maturity. The returns of each ETN are obtained by combining 3x the returns of the relevant index with the returns of the TBill index.
Investment type: ETN (Exchange-Traded Note); listed on the U.S. NYSE exchange
Ticker symbol: SBND
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