DB Commodity Tracking PowerShares

DB Commodity Tracking (PowerShares) — ticker DBC — is an exchange-traded fund that offers investors broad exposure to a basket of commodity futures, spanning energy, agriculture, industrial metals and precious metals. The fund gains exposure through futures contracts rather than physical holdings, and uses a rules-based weighting and rolling strategy to maintain positions. That structure means returns can be influenced by futures roll costs (contango) or benefits (backwardation), as well as commodity price swings driven by supply, demand, geopolitics and macro trends. DBC can serve as a diversification tool or a way to gain targeted commodity exposure within a larger portfolio, but it is not a guaranteed inflation hedge and may underperform in certain market conditions. Investors should be aware of fees, tax treatment of futures-based funds and higher volatility compared with broad equity funds. This information is general educational content and not personalised investment advice; values can fall as well as rise.