8-K 1 d8k.htm FORM 8-K Form 8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 


FORM 8-K

 


CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report: January 26, 2007

 


POWERSHARES DB COMMODITY INDEX TRACKING FUND

DB COMMODITY INDEX TRACKING MASTER FUND

(Exact Name of each Registrant as Specified in its Charter)

 


 

PowerShares DB Commodity Index Tracking Fund – Delaware

DB Commodity Index Tracking Master Fund – Delaware

 

32-6042243

30-0317551

(State or Other Jurisdiction of

Incorporation or Organization)

 

(IRS Employer

ID Number(s))

c/o DB Commodity Services LLC
60 Wall Street
New York, New York
 

10005

(Address of Principal Executive Offices)   (Zip Code)

001-32726

001-32727

(Commission File Number(s))

(212) 250-5883

(Registrant’s telephone number, including area code)

 


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrants under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 



Item 8.01. Other Events.

On January 26, 2007, DB Commodity Services LLC, the managing owner of each of PowerShares DB Commodity Index Tracking Fund (the “Fund”) and DB Commodity Index Tracking Master Fund (the “Master Fund”) filed a Prospectus Supplement dated January 26, 2007 (the “Prospectus Supplement”) to the Prospectus dated August 14, 2006 (the “Prospectus”) relating to the Fund and the Master Fund.

The Prospectus Supplement provides, in part, as follows:

“The last paragraph under the sub-heading “Tax-Exempt Organizations” on page 81 of the Prospectus is hereby deleted and replaced, in its entirety, by the following:

‘All of the income realized by the Master Fund is expected to be short-term or long-term capital gain income, interest income or other passive investment income of the type specifically exempt from UBTI as discussed above. Neither the Fund nor the Master Fund will borrow funds for the purpose of acquiring or holding any investments or otherwise incur “acquisition indebtedness” with respect to such investments. Therefore, a tax-exempt entity purchasing Shares would not incur any UBTI by reason of its investment in the Shares or upon sale of such Shares provided that such tax-exempt entity does not borrow funds for the purpose of investing in the Shares.’”

The Prospectus Supplement also updates certain other performance information and Index closing levels as set forth in the Prospectus through December 31, 2006 in accordance with CFTC regulations.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, each registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

PowerShares DB Commodity Index Tracking Fund
By:   DB Commodity Services LLC,
  its Managing Owner
By:  

/s/ Kevin Rich

Name:   Kevin Rich
Title:   Director and Chief Executive Officer
By:  

/s/ Gregory S. Collett

Name:   Gregory S. Collett
Title:   Chief Operating Officer
DB Commodity Index Tracking Master Fund
By:   DB Commodity Services LLC,
  its Managing Owner
By:  

/s/ Kevin Rich

Name:   Kevin Rich
Title:   Director and Chief Executive Officer
By:  

/s/ Gregory S. Collett

Name:   Gregory S. Collett
Title:   Chief Operating Officer

Date: January 26, 2007