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About Deutsche Bank AG (London Branch)
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Inception date
Jun 16, 2008
Structure
Exchange-Traded Note
Dividend treatment
Distributes
Distribution tax treatment
No distributions
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
ISIN
US25154K8412
This ETN was delisted on April 11, 2019, and now trades over-the-counter on the pink sheets. As a result, shareholders should anticipate ultra-wide spreads, minimal trading volumes, and prices well above or below NAVs. As a levered product, BDD is not a buy-and-hold ETF, it`s a short-term tactical instrument. Unlike most levered fundswhich usually reset dailyBDD offers 2x exposure over 1-month periods. Over any period longer than one month, or that doesn`t align with the start and stop dates (first and last day of the month), returns can vary significantly from the promised 2x exposure. Management fees are reasonable but, as a short-term product, trading costs are more important here. To that end, BDD is expensive to accessspreads are wide and volume is thin.
Classification
Returns
1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
---|---|---|---|---|---|---|
Price performance | — | — | — | — | — | — |
NAV total return | — | — | — | — | — | — |
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
No, BDDXF doesn't pay dividends to its holders.
BDDXF shares are issued by Deutsche Bank AG under the brand Deutsche X-trackers. The ETF was launched on Jun 16, 2008, and its management style is Passive.
BDDXF expense ratio is 0.75% meaning you'd have to pay 0.75% of your investment to help manage the fund.
BDDXF follows the DBIQ Optimum Yield Industrial Metals (ER). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.