As of August 26, 2013, db x-trackers - Currency Valuation UCITS ETF has gone out of business. db x-trackers - Currency Valuation UCITS ETF is an exchange traded fund launched by DB Platinum Advisors S.A. It is managed by State Street Global Advisors Limited. The fund invests in the currency markets. It takes long/short position and uses derivatives such as swaps agreement and forwards to track the G10 currencies in relation to the US Dollar. The fund takes long positions on three G10 currencies that are undervalued in relation to the US Dollar and short positions on three G10 currencies that are overvalued in relation to the US Dollar. It seeks to replicate the performance of the Deutsche Bank Valuation (EUR) Index, by using synthetic replication methodology. The fund was formerly known as db x-trackers - Currency Valuation ETF. db x-trackers - Currency Valuation UCITS ETF was formed on January 25, 2008 and is domiciled in Luxembourg.