Products March 23, 2011

Deutsche Bank, Invesco Unveil Sovereign Bond ETNs

Deutsche Bank and Invesco PowerShares Capital Management, LLC have launched six exchange-traded notes (ETNs) linked to the foreign sovereign bond futures.
Reported by

These will be the first ETNs to provide investors with leveraged or unleveraged exposure to the U.S. dollar value of the returns of German sovereign bond futures, Italian sovereign bond futures and Japanese sovereign bond futures.

The ETNs will be listed for trading on the NYSE Arca, under the following symbols:

Want the latest retirement plan adviser news and insights? Sign up for PLANADVISER newsletters.

PowerShares DB German Bund Futures ETN:

 

 

 

 

(NYSE Arca:BUNL)

PowerShares DB 3x German Bund Futures ETN:

    

(NYSEArca:BUNT)

PowerShares DB Italian Treasury Bond Futures ETN:

    

(NYSE Arca:ITLY)

PowerShares DB 3x Italian Treasury Bond Futures ETN:

    

(NYSE Arca: ITLT)

PowerShares DB Japanese Govt Bond Futures ETN:

    

(NYSE Arca:JGBL) –

PowerShares DB 3x Japanese Govt Bond Futures ETN:

    

(NYSE Arca:JGBT)

The ETNs are senior unsecured obligations issued by Deutsche Bank AG, London Branch, the news release said The returns of each ETN are obtained by combining the month-over-month performance or three times the month-over-month performance of the DB USD Bund Futures Index, the DB USD BTP Futures Index or the DB USD JGB Futures Index, as applicable, with the monthly returns of the DB 3-Month T-Bill Index, less an investor fee.

The DB USD Bund Futures Index measures the performance of a long investment in Euro-Bund Futures, the DB USD BTP Futures Index measures the performance of a long position in Euro-BTP Futures and the DB USD JGB Futures Index measures the performance of a long investment in 10-year JGB Futures.

More information is at http://www.dbfunds.db.com.

Data & Research March 23, 2011

Decision-Making Women Prefer Adviser Help

Women are increasingly making their own decisions about how to invest money, and are more likely to use advisers than men, according to Mintel, a market research firm. 
Reported by

Mintel’s data show 39% of female investors say their primary source of investment ideas are their investment advisers, compared to only about a quarter (27%) of males. Women are also slightly more likely to solicit ideas from friends and family members (29% of females versus 22% of males).

Men on the other hand are most likely to look to financial Web sites and blogs (38%), or the investment companies’ Web sites (31%). They are also much more likely than women to look to newspapers or magazines for inspiration; 27% of males like to read financial newspapers such as The Wall Street Journal (either print or online), while only 17% of females claim the same.

Want the latest retirement plan adviser news and insights? Sign up for PLANADVISER newsletters.

“Basically, women are much more likely to rely on personal interaction to get ideas, while men are more likely to look to published or televised sources of information, such as websites, newspapers or television programs,” said Susan Menke, vice president and behavioral economist at Mintel. “What this means is that because quite often both men and women are involved in the household investment decision making, financial services companies need to use a variety of channels, including advisers, to appeal to all of the members of the household,” she added.

Mintel’s data confirmed that women are becoming increasingly involved in financial decision-making. The number of women who say they have a self-directed investment account is not significantly different from the number of men who say the same (30% of women and 36% of men).  This is particularly true for women who report a household income higher than $75,000—almost half of this group (46%) describes themselves as self-directed investors.

«