ement LLC
announced today that it is, through its affiliate, expanding its marketing
partnership with Deutsche Bank to include 11 additional recently-listed
long and short Agriculture, Gold and Commodity exchange-traded notes
(ETNs), which will offer investors short and leveraged exposure to
variations of the Deutsche Bank Liquid Commodity Index.
As part of the expanded marketing partnership, the names for the DB
Agriculture, Gold and Commodity exchange-traded notes will be changed to
include PowerShares, consistent with the rest of the PowerShares DB lineup
of commodity and currency exchange-traded products. The tickers for the
ETNs will remain the same.
DB Agriculture Exchange-Traded Notes will be known as:
PowerShares DB Agriculture Double Short ETN (NYSE Arca: AGA)
PowerShares DB Agriculture Double Long ETN (NYSE Arca: DAG)
PowerShares DB Agriculture Short ETN (NYSE Arca: ADZ)
PowerShares DB Agriculture Long ETN (NYSE Arca: AGF)
DB Gold Exchange-Traded Notes will be known as:
PowerShares DB Gold Double Short ETN (NYSE Arca: DZZ)
PowerShares DB Gold Double Long ETN (NYSE Arca: DGP)
PowerShares DB Gold Short ETN (NYSE Arca: DGZ)
DB Commodity Exchange-Traded Notes will be known as:
PowerShares DB Commodity Double Short ETN (NYSE Arca: DEE)
PowerShares DB Commodity Double Long ETN (NYSE Arca: DYY)
PowerShares DB Commodity Short ETN (NYSE Arca: DDP)
PowerShares DB Commodity Long ETN (NYSE Arca: DPU)
"We are excited to be expanding our successful partnership with Deutsche
Bank, and believe that it is important to continue to offer investors
innovative ways to access and to hedge their portfolios in these
sought-after commodity markets," said Bruce Bond, president and CEO of
Invesco PowerShares.
"We are confident that PowerShares will successfully market our innovative
investment products to a broad range of investors," said Kevin Rich,
Managing Director in Deutsche Bank's Global Markets Investment Products
group.
Invesco PowerShares is leading the intelligent ETF revolution through its
family of more than 100 domestic, international and active exchange-traded
funds. With assets under management of $12.75 billion, PowerShares ETFs
trade on all of the major U.S. stock exchanges that trade ETFs. For more
information, please visit us at www.invescopowershares.com.
Invesco PowerShares is a wholly owned subsidiary of Invesco Ltd., a leading
independent global investment management company dedicated to helping
people worldwide build their financial security.
