Deutsche Bank Lists Three ELEMENTS<SUP>SM</SUP> Exchange-Traded Notes linked To Benjamin Graham<SUP>SM</SUP> Intelligent Value Indices On NYSE Arca

 

The Benjamin Graham methodology seeks to identify businesses with strong, liquid balance sheets that trade at a discount to their implied intrinsic value by implementing the investment principles of Benjamin Graham through a quantitative, objective process utilizing modern portfolio theory and statistical analysis.  The following ETNs are linked to indexes that track a portfolio of U.S. stocks selected according to the Benjamin Graham Methodology:

 

Benjamin Graham Large Cap Value ELEMENTS  (NYSE Arca:  BVL )
Benjamin Graham Small Cap Value ELEMENTS  (NYSE Arca:  BSC )
Benjamin Graham Total Market Value ELEMENTS (NYSE Arca:  BVT )

 

Benjamin Graham was a Columbia University Professor and well-known author in securities analysis.  Considered by many to be one of the fathers of value investing, Benjamin Graham’s financial roots trace back to the New York Stock Exchange and stem from his career as a clerk and later a broker on the floor of the NYSE.  Benjamin Graham died in 1976, but through his books and students his investing philosophies live on.

 

Deutsche Bank AG (NYSE: DB) will issue the ELEMENTS, Nuveen Hyde Park is the index sponsor and Nuveen Investments and Merrill Lynch & Co, Inc. (NYSE:MER ) will co-distribute the ETNs.

 

Background about ELEMENTS ETNs
ELEMENTS ETNs are designed to track the return of specific underlying market indexes and seek to provide convenient access to strategies and markets that traditionally have not been readily available to individual investors.  ELEMENTS ETNs can be purchased or sold through brokers, financial advisors and most trading platforms.  For more information about ELEMENTS, please visit www.ELEMENTSetn.com or call 1-877-ETN-ADVICE (1-877-386-2384).

 

As the first fully electronic platform to utilize designated liquidity providers, NYSE Arca sets the national best bid and offer nearly 85% of the time, leading all U.S. exchanges.  NYSE Arca remains an established leader in the ETF and ETN market place offering investors some of the industry’s fastest and most innovative trading tools to access liquidity.   

 

Including today’s listings, NYSE Arca has 270 primary ETF and 79 ETN listings and trades all other eligible ETFs on a UTP basis.  As a leader in ETF and ETN listings and trading, such products listed on NYSE Arca represent 55% of ETF and ETN assets under management in the U.S., nearly $590 billion, the most of any exchange.  In 2007, NYSE Arca added 122 new ETFs and ETNs to its roster of primary

listings, including a record 101 IPOs.  For 2007, NYSE Arca was the primary listing exchange of choice with a total of 261 ETFs and ETNs listed.