Name of ETN: DB Agriculture Double Short ETN
Benchmark Index: Deutsche Bank Liquid Commodity Index — Optimum Yield Agriculture
Ticker Symbol: AGA
Daily Target: -2x (inverse daily performance of the benchmark index).
Underlying Commodity Exposure: This ETN allows investors to take a leveraged bearish position against the Deutsche Bank Liquid Commodity Index — Optimum Yield Agriculture. If the Deutsche Bank Liquid Commodity Index — Optimum Yield Agriculture goes down, this ETN is designed to go up two times the amount the index went down. Conversely, if the Deutsche Bank Liquid Commodity Index — Optimum Yield Agriculture goes up, this ETN is designed to go down two times the amount the index went up.
Related Links: