The PowerShares DB G10 Currency Harvest Fund (Ticker: DBV) seeks investment results that correspond generally to the performance, before fees and expenses, of the Deutsche Bank G10 Currency Future Harvest Index - Excess Return Index. The index is comprised of currency futures contracts on certain G10 currencies and is designed to exploit the trend that currencies associated with relatively high interest rates, on average, tend to rise in value relative to currencies associated with relatively low interest rates. The index is, at any one time, composed of long futures contracts on the three G10 currencies associated with the highest interest rates and short futures contracts on the three G10 Currencies associated with the lowest interest rates.
G10 currencies are; US Dollar, Euro, Japanese Yen, Canadian Dollar, Swiss Francs, British Pound, Australian Dollar, New Zealand Dollar, Norwegian Krone, Swedish Krone.