PowerShares DB US Deflation Exchange Traded Notes (DEFL)
- Fixed Income | Treasury Inflation Protected Securities
The investment seeks to replicate, net of expenses, the DBIQ Duration-Adjusted Deflation Index. The index aims to track changes in the market’s expectations of future inflation implied by the difference in yields between Treasury Inflation-Protected Securities (TIPS) and U.S. Treasury bonds with approximately equivalent terms to maturity. To gain exposure to the market's expectation that future inflation will decrease, the ETNs take a notional short position in TIPS and a notional long position in U.S. Treasury bonds with approximately equivalent terms to maturity.
Fund Snapshot Updated 06.17.2013
|Previous Close||$51.41||Expense Ratio||0.75%|
|YTD Return||8.8%||Avg. 30-Day Volume||259|
|1-Year Return||4.4%||Market Cap||Loading...|