John Zerr - Invesco DB Director of Board of Managers of Managing Owner
| DBC Etf | MXN 474.00 0.00 0.00% |
Mr. John M. Zerr is the Director of the Board of Managers of DB Commodity Services LLC, the Managing Owner of PowerShares DB Commodity Index Tracking Fund. He was a Managing Director of the Managing Owner since September 2006. Mr. Zerr is also Managing Director and General Counsel US Retail of Invesco Management Group, Inc. since March 2006, where he is responsible for overseeing the US Retail Legal Department for Invesco and its affiliated companies. Mr. Zerr has also been a Senior Vice President and Secretary of Invesco Distributors, Inc., a registered broker dealer. He also served as a Director of that entity until February 2010. Mr. Zerr serves as Senior Vice President of Invesco Advisers, Inc., a registered investment adviser since December 2009. He also served as a Director, Secretary and General Counsel of several affiliated predecessor companies of Invesco Advisers, Inc. from March 2006 through December 2009. Mr. Zerr serves as a Director, Vice President and Secretary of Invesco Investment Services, Inc., a registered transfer agency since May 2007. Mr. Zerr serves as Director, Senior Vice President, General Counsel and Secretary of a number of other Invesco whollyowned subsidiaries which service or serviced portions of Invescos US Retail business since May 2007 and since June 2010 with respect to certain Van Kampen entities which were acquired by Invesco from Morgan Stanley. Mr. Zerr serves as Chief Legal Officer for the PowerShares ExchangeTraded Funds, a family of registered investment companies since June 2010. He also serves as Senior Vice President, Secretary and Chief Legal Officer of the Invesco Funds, a family of openend and closedend registered investment companies since March 2006. Mr. Zerr earned a BA degree in economics from Ursinus College. He graduated cum laude with a J.D. from Temple University School of Law. Mr. Zerr was listed as a principal of the Managing Owner on December 6, 2012.
| Age | 56 |
| Tenure | 10 years |
| Phone | 800-983-0903 |
| Web | http://www.dbfunds.db.com/dbc/index.aspx |
Invesco DB Commodity 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 and Director of Board of Managers of Managing Owner | ||
| Peter Hubbard, Vice President and Director - 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 | 130.18 X | |||
| Earnings Per Share | 2.48 X | |||
| Market Capitalization | 50.78 B | |||
| Total Asset | 2.48 B | |||
| One Year Return | 57.89 % | |||
| Three Year Return | 2.02 % | |||
| Five Year Return | 5.19 % | |||
| Ten Year Return | (4.47) % | |||
| Net Asset | 2.48 B | |||
| Equity Positions Weight | 7.21 % |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Invesco DB in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Invesco DB's short interest history, or implied volatility extrapolated from Invesco DB options trading.
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 Commodity 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 Commodity 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 Commodity. 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 Commodity 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 Bonds Directory module to find actively traded corporate debentures issued by US companies.