Case Study
Published:
2008
Author(s):
K. Geert Rouwenhorst
Suggested Citation:
K. Geert Rouwenhorst, Jean W. Rosenthal, and Jaan Elias, “Carry Trade ETF,” Yale SOM Case 08-056, August 25, 2008
Abstract
In 2006 Deutsche Bank (DB) brought a new product to market – an exchange traded fund (ETF) based on the carry trade, a strategy of buying and selling currency futures. What was it that made this financial innovation successful?