PowerShares DB US Deflation Exchange Traded Notes (DEFL)

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Fund Description

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 04.15.2014

Previous Close $51.38 Expense Ratio 0.75%
YTD Return 3.55% Avg. 30-Day Volume 9
1-Year Return 10.0% Market Cap Loading...
Bid $51.16 Shares Outstanding 80,000
Ask $52.57 Dividends $0.00

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