DB Crude Oil Short ETN

DB Crude Oil Short ETN is an exchange traded note launched by Deutsche Bank AG (London). The note seeks to track the inverse of the monthly performance of the Deutsche Bank Liquid Commodity Index - Light Crude with the returns on the DB 3-Month T-Bill Index. The index represents the commodity markets. It tracks the short positions in derivatives such as futures contracts on crude oil. The ETN will mature on June 1, 2038. It was formerly known as PowerShares DB Crude Oil Short ETN. DB Crude Oil Short ETN was formed on June 16, 2008 and is domiciled in Germany.