Powershares DB Gold Short ETN
Ticker Symbol: DGZ
Security Name: DB Gold Short ETN
ETF Provider: PowerShares
Asset Category: Gold
Description: The PowerShares Gold Short ETN is based on a total return version of the Deutsche Bank Liquid Commodity Index - Optimum Yield Gold, which is intended to track the long or short performance of a single unfunded gold futures contract.
Investors can buy and sell PowerShares DB Gold ETNs at market price on the NYSE or receive a cash payment at the scheduled maturity or early repurchase based on the month-over-month performance of the index less investor fees.
Investors may offer PowerShares DB Gold ETNs in blocks of no less than 200,000 securities and integral multiples of 50,000 securities thereafter for purchase.