Index returns do not represent Fund returns. The results assume that no cash was added to or assets withdrawn from the Index. Because the Fund collateralizes its futures positions with primarily US Treasuries, the results of the total return version of the Index (DBLCDBAT) are also displayed.Īn investor cannot invest directly in an index. The Fund seeks to track the excess return version of the Index (DBLCDBAE).
An investor cannot invest directly in an index. Returns less than one year are cumulative. Investment returns and principal value will fluctuate and shares of the Fund, when redeemed, may be worth more or less than their original cost. Call 80 for the most recent month-end performance numbers. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. Performance data quoted represents past performance. Please refer to Intraday Stats at the top of this page for Indicative intra-day NAV, and last end-of-day NAV.ĭata beginning 10 years prior to the ending date of. 31, 2010, forward, where the performance shown is of the DBIQ Diversified Agriculture Index TR. With reference to the DBIQ Diversified Agriculture Index TR history, it followed the same Index history as the excess return version except from Dec. The Index results from each discrete time period reflect the closing levels of each applicable index that the Fund tracked during the corresponding time period.īecause the Fund collateralizes its futures positions with primarily US Treasuries, money market funds and T-Bill ETFs, the results of the DBIQ Diversified Agriculture Index Total Return (DBIQ Diversified Agriculture Index TR) (Symbol: DBLCDBAT) are also displayed. The only difference between the Deutsche Bank Liquid Commodity Index Diversified Agriculture Excess Return™ and the DBIQ Diversified Agriculture Index ER is a name change. 31, 2010, the Fund seeks to track the DBIQ Diversified Agriculture Index ER (Symbol: DBLCDBAE). 31, 2010, the Fund sought to track the Deutsche Bank Liquid Commodity Index Diversified Agriculture Excess Return™ (Symbol: DBAGIX). 19, 2009, the Fund sought to track the Deutsche Bank Liquid Commodity Index-Optimum Yield Agriculture Excess Return™. 5, 2007 (the Fund's exchange listing date) to Oct. No representation is being made that the Fund will or is likely to achieve profits or losses similar to the Index history.įrom Jan. Index history does not represent trades that have actually been executed and therefore may under or over compensate for the impact, if any, of certain market factors, such as illiquidity. Index history has certain inherent limitations and does not represent actual trading performance or returns of the Fund. ET and do not represent the returns an investor would receive if shares were traded at other times. Market returns are based on the midpoint of the bid/ask spread at 4 p.m. Performance on and after February 23, 2015, reflects performance associated with the current managing owner, Invesco Capital Management LLC. The Fund's performance from inception up to and including February 23, 2015, reflects performance associated with the predecessor managing owner. Call 80 for the most recent month-end performance. Current performance may be higher or lower than performance data quoted. Investment returns and principal value will fluctuate, and Shares, when redeemed, may be worth more or less than their original cost. Performance data quoted represents past performance, which is not a guarantee of future results. Please see "Risk and Other Information" and the Prospectus for additional risk disclosures. Because an investment in futures contracts is volatile, such frequency in the movement in market prices of the underlying futures contracts could cause large losses. This Fund is not suitable for all investors due to the speculative nature of an investment based upon the Fund's trading which takes place in very volatile markets. The Fund and the Index are rebalanced and reconstituted annually in November. The Index is a rules-based index composed of futures contracts on some of the most liquid and widely traded agricultural commodities.
The Fund is designed for investors who want a cost-effective and convenient way to invest in commodity futures. The Invesco DB Agriculture (Fund) seeks to track changes, whether positive or negative, in the level of the DBIQ Diversified Agriculture Index Excess Return™ (DBIQ Diversified Agriculture Index ER or Index) plus the interest income from the Fund's holdings of primarily US Treasury securities and money market income less the Fund's expenses.