DB Base Metals Double Short ETN

Frequently Asked Questions About BOM

What does BOM invest in?

The investment seeks to track the price and yield performance, before fees and expenses, 200% of the inverse daily performance of the Deutsche Bank Liquid Commodity index - Optimum Yield Industrial Metals Excess Return. The fund allows investors to take a short view on the performance of the industrial metals sector. The index is a rules-based index composed of futures contracts on some of the most liquid and widely used base metals, aluminum, zinc and copper.

What is the expense ratio of BOM?

DB Base Metals Double Short ETN (BOM) charges an expense ratio of 0.75%. This is the annual fee deducted from fund assets to cover management and operations.

How big is BOM?

DB Base Metals Double Short ETN (BOM) manages $265,661 in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is BOM actively managed or an index fund?

BOM is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (BOM's is 0.75%) because there's no security selection cost.

When was BOM launched?

DB Base Metals Double Short ETN (BOM) launched in June 2008 and is managed by DB.

How has BOM performed?

BOM's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.