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Powershares Db 3x Inver Jap Gov Bond Etn

PowerShares DB 3x Inverse Japanese Government Bond Exchange Traded Note (ETN) ( symbol: INDJ) is a financial instrument that is designed to provide investors with a magnified inverse exposure to the daily performance of the DBIQ Japanese Government Bond Index. The DBIQ Japanese Government Bond Index is a rules-based index composed of Japanese government bond futures contracts.

The ETN is issued by Deutsche Bank AG and is traded on the NYSE Arca stock exchange. It aims to deliver three times the inverse (-3x) of the daily performance of the index. This means that if the index goes down by 1%, the ETN should go up by 3%. Conversely, if the index goes up by 1%, the ETN should go down by 3%.

It is important to note that because the ETN aims to deliver a multiple of the inverse of the daily performance of the index, its value can be significantly affected by compounding, which may result in returns that are different from the inverse of the index over longer periods of time.

Furthermore, as with all leveraged and inverse investment instruments, the ETN is intended for short-term use and is subject to a high degree of risk, and may not be suitable for all investors. Investors should carefully consider the investment objective, risks, charges and expenses of the ETN before investing. This information can be found in the ETN's prospectus, which should be read carefully before investing.

Also, be aware that it is not a mutual fund or exchange traded fund (ETF) and does not own a portfolio of securities, but rather it is a senior debt note of Deutsche Bank AG that is intended to provide investors with a magnified inverse exposure to the daily performance of the index.