ETF Trends
ETF Trends

Deutsche Bank announced they will reduce the management fee on DB Commodity Index Tracking (DBC) exchange traded fund.  The fee will be reduced from 0.95% to 0.75% and they will also assume expenses of 0.15%, for a total reduction of 0.35%.

DBC was launched in February and since then the ETF has grown in excess of $600 million in assets.  Deutsche Bank has also filed for eight more commodity and currency based funds.

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.