ETF Spotlight on PowerShares DB Precious Metals Fund (NYSEArca: DBP), part of an ongoing series on exchange traded funds.
Assets: $658.9 million.
Objective: The ETF tries to reflect the DBIQ Optimum Yield Precious Metals Index Excess Return, which is comprised of futures contracts on gold and silver.
Holdings: Holdings will change based on changes in the underlying futures prices. The fund will hold a base weighting of 80% in gold and 20% in silver.