About DBO ETF
Overview:
The Invesco DB Oil Fund seeks to track changes, whether positive or negative, in the level of the DBIQ Optimum Yield Crude Oil Index Excess Return™ (DBIQ Opt Yield Crude Oil Index ER) plus the interest income from the Fund's holdings of primarily US Treasury securities and money market income less the Fund's expenses.
The Fund is designed for investors who want a cost-effective and convenient way to invest in commodity futures. The Index is a rules-based index composed of futures contracts on light sweet crude oil (WTI). You cannot invest directly in the Index. The Fund and the Index are rebalanced and reconstituted annually in November.
Ideal for:
Investors looking for valuable return enhancement by investing in WTI futures contracts.
About the Fund Manager:
Invesco is an independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. Invesco manages $1,197.8 billion in assets on behalf of clients worldwide (as of June 30, 2019 ).
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