DB Gold Double Long ETN due February 15, 2038DB Gold Double Long ETN due February 15, 2038DB Gold Double Long ETN due February 15, 2038

DB Gold Double Long ETN due February 15, 2038

No trades
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Key stats

Assets under management (AUM)
‪96.39 M‬USD
Fund flows (1Y)
Dividend yield (indicated)
Discount/Premium to NAV
0.1%

About DB Gold Double Long ETN due February 15, 2038

Issuer
Deutsche Bank AG
Brand
DB
Expense ratio
0.75%
Home page
Inception date
Feb 27, 2008
Index tracked
Deutsche Bank Liquid Commodity Index - Optimum Yield Gold Excess Return
Management style
Passive
DGP is a levered ETN promising twice the daily returns of an optimized gold index wherein gold futures contracts are chosen to minimize the effects of contango. The index selects its contracts based on the shape of the futures curve. As a geared product, DGP is not intended to be held long term, but as a day-trading instrument. Its 2x exposure is not promised over periods longer than one day, as the effects of compounding can cause returns to drift from the headline 2x exposure. Structured as an ETN, DGP carries the counterparty risk of its issuer.

Classification

Asset Class
Commodities
Category
Precious metals
Focus
Gold
Niche
Optimized
Strategy
Optimized commodity
Weighting scheme
Single asset
Selection criteria
Single asset

Returns

1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows