The PowerShares DB US Dollar Bearish Fund is based on the Deutsche Bank Short US Dollar Index (USDX) Futures Index (DB Short USD Futures Index). The Indexes, which are managed by DB Commodity Services LLC, are rules-based indexes composed solely of short USDX futures contracts. The USDX futures contract is designed to replicate the performance of being short the US Dollar against the following currencies: Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona and Swiss Franc.
Investment type: ETF (Exchange-Traded Fund); listed on the U.S. NYSE exchange
Ticker symbol: UDN
Information on this website should not be considered to be investment advice. Any ETF can go DOWN as well as up.
Information on this website should not be assumed to be complete or correct. Funds can also change their investment goals. That's why, wherever possible, we provide links to the actual fund sponsor and the exchange on which the fund trades.
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