You need to upgrade your Flash Player
Camilo Sanu profile image CSANU

Camilo Sanu

$0.22
Gainesville, FL
2/13/09
$1,389,486.40

2
02/13/09
51.1%
39%
Send Message

Stock Pick by Camilo Sanu

DBB: Basic Fund Info

Start trading DBB with real money!

Rate Analysis
star star star star star
4 ratings
Posted 226 days ago on 4/09/09

DBB will go UP
$15.00 on 5/09/09
$20.68 (46.33% from time of market call)

The PowerShares DB Base Metals Fund is based on the Deutsche Bank Liquid Commodity Index and is managed by DB Commodity Services LLC. The Index is composed of futures contracts on some of the most liquid and widely used base metals ? aluminum, zinc and copper (grade A). The Index is intended to reflect the performance of the industrial metals sector. (db.com) Uses Zinc: most important role as anti-corrosion agent usually used to protect steel or iron in acidic environments. -The largest European miner of zinc is Lundin Mining (LMC) Aluminum: Most important role is in high tension power lines, aircraft parts, and kitchenware. -Major US producer is Alcoa (AA) Copper: 40% of all copper consumption is for use in construction of buildings. Other uses include electrical wiring and in alloys. -A major copper producer is Freeport ? McMoran Copper & Gold (FCX)

Add a Comment

Comments

Posted 4/9/2009, 12:12 pm

Current Index Weights:
Commodity Ex. Date Weight %
Aluminium Nov - 18 - 2009 23.87
Zinc May - 19 - 2010 39.56
Copper Mar - 17- 2010 36.57

Displaying 1 - 1 of 1
Subscribe to Stock Analyses Comments feed:


Make a suggestion for this page

Investing Channel Logo

Data powered by QuoteMedia (Terms of Use). Data delayed 15 minutes unless otherwise indicated.