ITLT is a leveraged product, and thus is not designed to be held for longer periods of time. That said, PowerShares DB Italian Treasury Bond Futures ETN (NYSEArca: ITLY) may be more appealing to those managers whom are leaning “long” in terms of a resolution in Europe, and more directly, one that would positively affect Italy.
ITLY delivers 1:1 exposure to the Italian Treasury Bond futures market via an ETN wrapper, and this product has rallied 14.43% year to date.
PowerShares DB 3X Italian Treasury Bond Futures ETN
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