1 Source: Bloomberg L.P., Aug. 27, 2015
2 Source: Bloomberg L.P., Aug. 20, 2015
*Since ordinary brokerage commissions apply for each buy and sell transaction, frequent trading activity may increase the cost of ETFs.
Important information about PowerShares DB Oil Fund
Commodities and futures generally are volatile and are not suitable for all investors.
Because the fund focuses on a single sector, it may experience greater volatility.
The value of the shares of the fund relate directly to the value of the futures contracts and other assets held by the fund and any fluctuation in the value of these assets could adversely affect an investment in the fund’s shares.
Please review the prospectus for break-even figures for the fund.
The fund is speculative and involves a high degree of risk. An investor may lose all or substantially all of an investment in the fund.
The shares are not deposits, interests in or obligations of any Deutsche Bank, AG, Deutsche Bank, AG London, Deutsche Bank Securities, Inc. or any of their respective subsidiaries or affiliates or any other bank (collectively, the “DB Parties”) and are not guaranteed by the DB Parties.
“Deutsche Bank” is reprinted with permission. © Copyright 2015 Deutsche Bank AG. All rights reserved. “Deutsche Bank” is a service mark of Deutsche Bank AG and has been licensed for use for certain purposes by Invesco Distributors, Inc. The fund is not sponsored or endorsed by Deutsche Bank AG. Deutsche Bank AG, as Index Provider, makes no representation, express or implied, regarding the advisability of investing in this product. As the Index Provider, Deutsche Bank AG is licensing certain trademarks, the underlying Index and trade names which are composed by Deutsche Bank AG without regard to Index, this product or any investor.
ALPS Distributors, Inc. is the distributor of PowerShares DB Funds. Invesco PowerShares and Invesco Distributors, Inc. are not affiliated with ALPS Distributors, Inc.
Shares are not individually redeemable. Owners of the shares may acquire those shares from the funds or tender those shares for redemption to the funds in creation and redemption units, respectively, consisting of 200,000 shares.
The PowerShares DB funds are not mutual funds or any other type of Investment Company within the meaning of the Investment Company Act of 1940, as amended, and are not subject to regulation thereunder. This material must be accompanied or preceded by a prospectus. Please read the prospectus carefully before investing. To download a copy of each PowerShares DB prospectus please visit DBO.
This article was written by Jason Bloom, Director Commodities & Alternatives Product Strategy for PowerShares.