Name of ETF: DB Commodity Double Short ETN
Benchmark Index: Deutsche Bank Liquid Commodity Index™
Ticker Symbol: DEE
Daily Target: -2x (inverse daily performance of the benchmark).
Underlying Commodity Exposure: This ETN allows investors to take a leveraged bearish position against commodity futures. If the price of the Deutsche Bank Liquid Commodity Index goes down, this ETFN is designed to go up two times the amount the benchmark went down. Conversely, if the price of the Deutsche Bank Liquid Commodity Index goes up, this ETN is designed to go down two times the amount the benchmark went up.
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