Deutsche Bank Introduces UCITS III Compliant DB Platinum Commodity Harvest Fund

New fund tracks the Deutsche Bank Platinum Commodity Harvest Index which was developed and launched by Deutsche Bank in 2007, and aims to offer positive returns in both falling and rising commodity markets. The fund follows an investment algorithm which

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New fund tracks the Deutsche Bank Platinum Commodity Harvest Index which was developed and launched by Deutsche Bank in 2007, and aims to offer positive returns in both falling and rising commodity markets.

The fund follows an investment algorithm which aims to monetize market inefficiencies in the commodity space by tracking the Deutsche Bank Platinum Commodity Harvest Index, this strategy is applied to 21 liquid commodities across the energy, metal and agriculture sectors.

The index takes a buy-position (‘long position’) and a sell-position (‘short position’) in each of the underlying commodities and aims to buy and sell contracts in each of the 21 commodities.

The fund provides daily liquidity for investors and is available for public distribution in Italy, Luxembourg, Germany, Switzerland, Austria and Spain.

Following the weak performance of commodity markets in the last few months, investors are increasingly looking for investment strategies in this space that offer potential for positive returns even in falling markets, says Manfred Schraepler, head of the Fund Solutions platform, Deutsche Bank.

So the DB Platinum Commodity Harvest is a good example of Deutsche Bank’s ability to deliver innovative market-neutral alpha funds.

L.D.

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