Invesco DB Precious Metals Fund

Invesco DB Precious Metals Fund is a publicly traded exchange-listed fund that provides investors with exposure to precious metals commodities without direct physical ownership. The fund tracks an index that reflects the economic returns of investing in gold, silver, and platinum futures contracts, primarily by holding exchange-traded futures and Treasury-based collateral for cash management. The fund generates revenue by charging investors a management fee of 0.75% annually of net assets, which covers index licensing fees, custodial and administrative services, and distribution services, while costs for futures trading and brokerage services are paid separately on a contract basis.