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DB 3x Inverse Japanese Govt Bond Futures ETN due 11/30/2021
Ticker Symbol: JGBD* CUSIP: 25154P188 Exchange: NYSEA
* NOTE: This security is no longer trading as of 9/19/2016
Company's Online Profile
BUSINESS: DB 3x Inverse Japanese Govt Bond Futures ETN due 11/30/2021, formerly PowerShares DB 3X Inverse Japanese Govt Bond Futures ETN, are senior unsecured obligations securities issued by Deutsche Bank Aktiengesellschaft (AG), London Branch. INVESTMENT OBJECTIVE: The DB 3x Inverse Japanese Govt Bond Futures ETN seek to provide investors with short leveraged exposure to the U.S. dollar value of the returns of DB USD Inverse JGB Futures Index (the Short JGB Futures Index), INDEX DESCRIPTION: The DB USD Inverse JGB Futures Index is intended to measure the performance of a notional short position in 10-year JGB Futures. The assets of 10-year JGB Futures are Japanese-government issued debt securities (JGBs) with a remaining term to maturity of not less than 7 years and not more than 11 years as of their issue date and the futures contract delivery date. RETURNS AND MATURITY: The return on the Securities may be positive or negative and are obtained by combining the returns from the futures index with the returns of the TBill index, less investor fees. If your securities have not previously been repurchased by Deutsche Bank, at maturity you will be entitled to receive a cash payment per security equal to: Current principal amount × applicable index factor on the final valuation date × fee factor on the final valuation date. REDEMPTION AND FEES: If you elect to offer your ETNs for redemption you will receive a cash payment per ETN on the Early Redemption Date equal to the Early Redemption Amount minus the early redemption fees. You must redeem at least 50,000 Securities at one time and agree to the redemption procedures in order to exercise your right to redeem your Securities on any redemption date. DBSI may charge investors an additional fee of up to $0.03 for each security that is repurchased. The investor fee is equal to 0.95% per annum accrued on a daily basis. For calculations of fees and any further information on this ETN click on the Link to IPO Prospectus provided.
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Notes: Deutsche Bank announced recently it would be shutting down eight of its ETNs. This ETN will cease to trade after the close of market on Sept. 19, 2016. ____________ The issuer of this ETN has suspended the issuance of new notes as of 1/1/2016. ETNs that are closed to the issuance of new notes pose additional investment risks such as the potential for the market price to deviate from the fund's Net Asset Value, as well as increased volatility. Paying a premium over an ETN's Net Asset Value could lead to significant losses.
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IPO - 11/8/2011 -
Link to IPO Prospectus
Previous Name: PowerShares DB 3x Inverse Japanese Govt Bond Futures ETN due 11/30/2021 Changed: 2/24/2015
Micro Cap Stock -
Market Value $4.0 Million
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Company's Online Information Links
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| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Address and Phone Numbers |
| Address: Deutsche Bank AG, New York Branch, 60 Wall Street, New York, NY 10005 |
| Main Phone Number |
877-369-4617 |
| Fax Number |
Not Available |
| Investor Contact
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877-369-4617
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| Toll Free Phone Number |
800-983-0903 |
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