Symbols

DGP

DB Gold Double Long ETN·ARCA

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Key Stats

Assets Under Management

332.07MUSD

Fund Flows (1Y)

-6.65MUSD

Dividend Yield

Discount/Premium to NAV

-2.67%

Shares Outstanding

1.60M

Expense Ratio

0.75%

About DB Gold Double Long ETN

Issuer

Deutsche Bank AG

Brand

Home Page

Inception Date

Feb 27, 2008

Structure

Exchange-Traded Note

Index Tracked

Deutsche Bank Liquid Commodity Index - Optimum Yield Gold

Management Style

Passive

Dividend Treatment

Distribution Tax Treatment

No distributions

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Distributor

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.