Deutsche ETN yields top returns

The German dealer issued the Elements Australian dollar (ADE) ETN on February 20, targeting investors looking to participate in an appreciating Australian dollar. By July 17, the bank sold $1.64 million worth of the notes, which track the Deutsche Bank AUD Overnight Index, one-for-one, less a 0.40% fee.

The notes benefited from a 4.75% US dollar devaluation versus the Australian currency in the second quarter. But despite analyst expectations for a weakening AUD as commodities prices level out

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: