ETF Trends
ETF Trends

PowerShares and Deutsche Bank are uniting to offer commodity and currency exchange traded funds.  They will begin by rebranding the current DB Commodity Index Tracking Fund (DBC) as PowerShares DB Commodity Index Tracking Fund (DBC).  The two companies are working together to take advantage of Deutsche Bank’s leadership in global currency and commodity product structuring and the ETF marketing expertise of PowerShares.  They plan to develop new ETFs that track currency and commodity indexes under a joint brand.

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.