Invesco PowerShares and Deutsche Bank Expand Successful Marketing Partnership to Include Long and Short Exchange-Traded Commodit
May 14 2008 - 12:55PM
Marketwired
CHICAGO, IL , which will offer investors short and leveraged
exposure to variations of the Deutsche Bank Liquid Commodity
Index.
As part of the expanded marketing partnership, the names for the
DB Agriculture, Gold and Commodity exchange-traded notes will be
changed to include PowerShares, consistent with the rest of the
PowerShares DB lineup of commodity and currency exchange-traded
products. The tickers for the ETNs will remain the same.
DB Agriculture Exchange-Traded Notes will be known as:
PowerShares DB Agriculture Double Short ETN (NYSE Arca: AGA)
PowerShares DB Agriculture Double Long ETN (NYSE Arca: DAG)
PowerShares DB Agriculture Short ETN (NYSE Arca: ADZ)
PowerShares DB Agriculture Long ETN (NYSE Arca: AGF)
DB Gold Exchange-Traded Notes will be known as:
PowerShares DB Gold Double Short ETN (NYSE Arca: DZZ)
PowerShares DB Gold Double Long ETN (NYSE Arca: DGP)
PowerShares DB Gold Short ETN (NYSE Arca: DGZ)
DB Commodity Exchange-Traded Notes will be known as:
PowerShares DB Commodity Double Short ETN (NYSE Arca: DEE)
PowerShares DB Commodity Double Long ETN (NYSE Arca: DYY)
PowerShares DB Commodity Short ETN (NYSE Arca: DDP)
PowerShares DB Commodity Long ETN (NYSE Arca: DPU)
"We are excited to be expanding our successful partnership with
Deutsche Bank, and believe that it is important to continue to
offer investors innovative ways to access and to hedge their
portfolios in these sought-after commodity markets," said Bruce
Bond, president and CEO of Invesco PowerShares.
"We are confident that PowerShares will successfully market our
innovative investment products to a broad range of investors," said
Kevin Rich, Managing Director in Deutsche Bank's Global Markets
Investment Products group.
Invesco PowerShares is leading the intelligent ETF revolution
through its family of more than 100 domestic, international and
active exchange-traded funds. With assets under management of
$12.75 billion, PowerShares ETFs trade on all of the major U.S.
stock exchanges that trade ETFs. For more information, please visit
us at www.invescopowershares.com.
Invesco PowerShares is a wholly owned subsidiary of Invesco
Ltd., a leading independent global investment management company
dedicated to helping people worldwide build their financial
security. By delivering the combined power of its distinctive
worldwide investment management capabilities, including AIM,
Atlantic Trust, Invesco, Perpetual, PowerShares, Trimark, and WL
Ross, Invesco provides a comprehensive array of enduring investment
solutions for retail, institutional and high-net-worth clients
around the world. Operating in 20 countries, the company is
currently listed on the New York Stock Exchange under the symbol
IVZ. Additional information is available at www.invesco.com.
About Deutsche Bank
Deutsche Bank is a leading global investment bank with a strong
and profitable private clients franchise. A leader in Germany and
Europe, the bank is continuously growing in North America, Asia and
key emerging markets. With 78,275 employees in 76 countries,
Deutsche Bank offers unparalleled financial services throughout the
world. The bank competes to be the leading global provider of
financial solutions for demanding clients creating exceptional
value for its shareholders and people.
Deutsche Bank AG has filed a registration statement (including a
prospectus, prospectus supplement and pricing supplement) with the
Securities and Exchange Commission, or SEC, for the offerings to
which this free writing prospectus relates. Before you invest, you
should read the prospectus, prospectus supplement and pricing
supplement in that registration statement and other documents that
Deutsche Bank AG has filed with the SEC for more complete
information about Deutsche Bank AG and the offerings. You may
obtain these documents without cost by visiting EDGAR on the SEC
website at www.sec.gov. Alternatively, Deutsche Bank AG, any agent
or any dealer participating in this offering will arrange to send
you the prospectus, prospectus supplement and pricing supplement if
you so request by calling toll-free 1-877-369-4617.
www.db.com
The ETNs carry certain risks including, but not limited to,
exposure to the performance of specific commodity futures prices,
the risk of loss of some or all of your investment and for those
ETNs offering leveraged exposure, the effect of leverage on any
adverse performance. The ETNs are subject an investor fee and are
not individually redeemable. You must irrevocably offer at least
200,000 ETNs (or an integral multiple of 50,000 ETNs in excess
thereof) from a single offering to Deutsche Bank for
repurchase.
Invesco PowerShares Capital Management LLC is not a sponsor or
promoter of the ETNs and is not responsible for the performance of
the ETNs.
Filed pursuant to Rule 433
Registration Statement No. 333-137902
Dated May 14, 2008
Media Contacts: Deutsche Bank Renee Calabro (212) 250-5525 Press
& Media Relations PowerShares Kristin Sadlon Porter Novelli
212-601-8192 Email Contact Bill Conboy BC Capital Partners
303-415-2290 Email Contact
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