Steven Hill - Invesco DB Founder
| DBB Etf | MXN 343.00 0.00 0.00% |
Mr. Steven M. Hill CPA, is a Principal Financial and Accounting Officer, Investment Pools of DB Commodity Services LLC, the Managing Owner of PowerShares DB Base Metals Fund. He was Head of Global ETF Operations from September 2011 to December 2012. As Principal Financial and Accounting Officer, Investment Pools, he has financial and administrative oversight responsibilities for, and serves as Principal Financial Officer of, Invesco Funds, including the Fund. As Head of Global ETF Operations he had management responsibilities with regard to the general operations of the Managing Owner. From October 2010 to August 2011, he was Senior Managing Director and Chief Financial Officer of Destra Capital Management LLC and its subsidiaries, or Destra, an asset management firm, and was responsible for managing financial and administrative activities as well as financial reporting for Destra and investment funds sponsored by Destra. Previously, he was Senior Managing Director of Claymore Securities, Inc., or Claymore, from December 2003 to October 2010, and was responsible for managing financial and administrative oversight for investment funds sponsored by Claymore. Claymore, now known as Guggenheim Funds Distributors, Inc., is a registered brokerdealer that distributes investment funds. Mr. Hill earned a BS in Accounting from North Central College, Naperville, IL. Mr. Hill is expected to become listed as a principal of the Managing Owner upon final approval of the NFA.
| Age | 53 |
| Tenure | 10 years |
| Phone | 800-983-0903 |
Similar Fund Executives
| Found 6 records | One Year Return | ||
| Roderick Ellis | Invesco DB Multi Sector | 46 | |
| Roderick Ellis | Invesco DB Commodity | 46 | |
| Roderick Ellis | Invesco DB Multi Sector | 46 | |
| Deanna Marotz | Invesco DB Commodity | 49 | |
| Deanna Marotz | Invesco DB Multi Sector | 49 | |
| Deanna Marotz | Invesco DB Multi Sector | 49 | |
Invesco DB Multi Money Managers
| Steven Hill, Principal Financial and Accounting Officer, Investment Pools of Managing Owner | ||
| Andrew Schlossberg, CEO, Director of Board of Managers of Managing Owner | ||
| Roderick Ellis, Principal of Managing Owner | ||
| John Zerr, Director of Board of Managers of Managing Owner | ||
| Deanna Marotz, Chief Compliance Officer of Managing Owner | ||
| David Warren, Chief Administrative Officer, Director of Board of Managers of Managing Owner | ||
| Peter Hubbard, Vice President Director of Portfolio Management of Managing Owner | ||
| Daniel Draper, Director of Board of Managers of Managing Owner |
Invesco Etf Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right etf is not an easy task. Is Invesco DB a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Price To Earning | 86.68 X | |||
| Market Capitalization | 3.14 B | |||
| Total Asset | 130.23 M | |||
| One Year Return | (10.50) % | |||
| Three Year Return | 5.47 % | |||
| Five Year Return | (2.65) % | |||
| Ten Year Return | 0.44 % | |||
| Net Asset | 130.23 M | |||
| Bond Positions Weight | 2.59 % |
Pair Trading with Invesco DB
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Invesco DB position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Invesco DB will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Invesco DB could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Invesco DB when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Invesco DB - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Invesco DB Multi Sector to buy it.
The correlation of Invesco DB is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Invesco DB moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Invesco DB Multi moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Invesco DB can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Invesco DB Multi Sector. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the Invesco DB Multi information on this page should be used as a complementary analysis to other Invesco DB's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.