Deutsche to Close 12 ETFs

Deutsche Bank announced that it plans to delist the following exchange traded notes (ETNs) from NYSE Arca due to low levels of trading activity for the ETNs:

ETN Name Ticker
DB Agriculture Double Long Exchange Traded Notes due April 1, 2038 DAG
DB Agriculture Long Exchange Traded Notes due April 1, 2038 AGF
DB Base Metals Double Short Exchange Traded Notes due June 1, 2038 BOM
DB Base Metals Double Long Exchange Traded Notes due June 1, 2038 BDD
DB Base Metals Short Exchange Traded Notes due June 1, 2038 BOS
DB Commodity Double Long Exchange Traded Notes due April 1, 2038 DYY
DB Commodity Short Exchange Traded Notes due April 1, 2038 DDP
DB Crude Oil Long Exchange Traded Notes due June 1, 2038 SZO
DB Crude Oil Short Exchange Traded Notes due June 1, 2038 OLO
ELEMENTS Dogs of the Dow” Linked to the Dow Jones High Yield Select 10 Total Return Index due November 14, 2022 DOD
ELEMENTS Linked to the Morningstar
Wide Moat Focus Total Return Index Exchange Traded Notes due October 24, 2022
WMW
FI Enhanced Global High Yield Exchange Traded Notes Linked to the MSCI World High Dividend Yield USD Gross Total Return Index due October 12, 2023 FIEG

 

Delisting is expected to occur at the close of trading on April 11, 2019. Following the delisting, the ETNs will remain outstanding, though they will no longer trade on any national securities exchange.
The ETNs may trade, if at all, on an over-the-counter basis. Because the issuances of these ETNs have been suspended since January 1, 2016, after the delisting, the secondary market for these ETNs may experience a significant drop in liquidity.