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Deutsche Bank Gold Double Short
Submitted by ETNCenter.com on Fri, 02/29/2008 - 09:30.
This ETN offered by Deutsche Bank is designed to provide -200% of the Deutsche Bank Liquid Commodity Index - Optimum Yield Gold, which is tied to the value of an investment in gold futures, not gold bullion. It trades on the NYSE Arca exchange under the symbol DZZ.
The ETN also incorporates the income futures investors would gain from investing their collateral cash in Treasuries, while charging an expense fee of 0.75%.