Deutsche Bank And PowerShares Launch Currency ETFs

Deutsche Bank and PowerShares Capital Management LLC have announced their collaboration on two currency based exchange traded funds (ETFs). According to a press release, the PowerShares DB US Dollar Bullish Fund and the PowerShares DB US Dollar Bearish Fund will

By None

Deutsche Bank and PowerShares Capital Management LLC have announced their collaboration on two currency-based exchange-traded funds (ETFs). According to a press release, the PowerShares DB US Dollar Bullish Fund and the PowerShares DB US Dollar Bearish Fund will list on the American Stock Exchange on February 20, 2007. The funds offer investors access to the Deutsche Bank Long US Dollar Index and the Deutsche Bank Short US Dollar Index, respectively.

«