db x-trackers lists first commodity ETF

Deutsche Bank's db x-trackers has announced the launch of its first commodity exchange traded fund (ETF) on the London Stock Exchange (LSE). The ETF is based on the Deutsche Bank Liquid Commodity Index - Optimum Yield (DBLCI - OY Balanced). The index gives investors access to the performance of a basket of 14 commodities futures contracts, weighted with 35% energy; 18% base metals; 17% precious metals; and 30% agriculture. Manooj Mistry, Head of db x-trackers UK, commented: "The listing of the db x-trackers DBLCI -OY Balanced ETF on the LSE offers instant exposure to a broad basket of c...