424B3 1 d170323d424b3.htm SUPPLEMENT Supplement

Filed Pursuant to Rule 424(b)(3)
Registration Nos. 333-203054

POWERSHARES DB COMMODITY INDEX TRACKING FUND

SUPPLEMENT DATED MARCH 30, 2016 TO

PROSPECTUS DATED MARCH 27, 2015

This Supplement updates certain information contained in the Prospectus dated March 27, 2015, as supplemented from time-to-time (the “Prospectus”), of PowerShares DB Commodity Index Tracking Fund (the “Fund”). All capitalized terms used in this Supplement have the same meaning as in the Prospectus.

Prospective investors in the Fund should review carefully the contents of both this Supplement and the Prospectus.

* * * * * * * * * * * * * * * * * * *

All information in the Prospectus is restated pursuant to this Supplement, except as updated hereby.

 

 

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if this Supplement or the related Prospectus is truthful or complete. Any representation to the contrary is a criminal offense.

 

 

THE COMMODITY FUTURES TRADING COMMISSION HAS NOT PASSED UPON THE MERITS OF PARTICIPATING IN THIS POOL NOR HAS THE COMMISSION PASSED UPON THE ADEQUACY OR ACCURACY OF THIS DISCLOSURE DOCUMENT.

 

 

Invesco PowerShares Capital Management LLC

Managing Owner

P-DBC-PRO-1-SUP-1 033016


  I. Pages 40 and 41 of the Prospectus are hereby deleted and replaced, in their entirety, with the following

“CLOSING LEVELS TABLE*

DBIQ OPTIMUM YIELD DIVERSIFIED COMMODITY INDEX EXCESS RETURN™

 

      CLOSING LEVEL    INDEX CHANGES
      High1    Low2    Annual3    Since Inception4

19975

   103.35      92.60       -7.40%       -7.40%

1998

    93.07      63.74     -30.22%    -35.38%

1999

    88.04      60.62     34.94%    -12.80%

2000

   123.09      85.21     24.43%       8.50%

2001

   114.11      88.26    -16.62%      -9.54%

2002

   115.96      88.19     25.81%     13.81%

2003

   145.82    112.87     27.03%     44.58%

2004

   217.09    144.58     36.68%     97.60%

2005

   279.17    194.39     39.69%    176.03%

2006

   343.18    273.89       9.73%    202.88%

2007

   380.11    276.40     24.79%    277.95%

2008

   538.39    228.67    -32.86%    153.77%

2009

   326.84    222.81     27.68%    224.02%

2010

   362.20    278.59     11.78%    262.20%

2011

   419.60    333.87       -2.44%    253.36%

2012

   392.32    320.13       4.08%    267.76%

2013

   379.82    335.39       -6.60%    243.48%

2014

   361.57    252.62    -26.45%    152.62%

20156

   254.63    182.07    -26.72%    85.13%

THE FUND WILL TRADE WITH A VIEW TO TRACKING THE

DBIQ OPTIMUM YIELD DIVERSIFIED COMMODITY INDEX EXCESS RETURN™ OVER TIME.

NEITHER THE PAST PERFORMANCE OF THE FUND NOR THE PRIOR INDEX LEVELS AND CHANGES, POSITIVE

OR NEGATIVE, SHOULD BE TAKEN AS AN INDICATION OF THE FUND’S FUTURE PERFORMANCE.

*Prior to October 19, 2009, the Fund tracked the Deutsche Bank Liquid Commodity Index–Optimum Yield Excess Return™. From October 19, 2009 to December 31, 2010, the Fund tracked the Deutsche Bank Liquid Commodity Index–Optimum Yield Diversified Excess Return, or the Interim Index. Effective January 1, 2011, the Fund commenced tracking DBIQ Optimum Yield Diversified Commodity Index Excess Return™, or the Renamed Index. The Fund’s Renamed Index is identical to the Interim Index except with respect to the name of Index. The inception date of January 2007 remains identical. Except as provided in the immediately preceding sentence, all prior underlying formulae, data (e.g., closing levels, measure of volatility, all other numerical statistics and measures) and all other characteristics (e.g., Base Date, Index Sponsor, inception date, rolling, etc.) with respect to the Renamed Index are identical to the Interim Index.

Please refer to notes and legends that follow on page 54.

 

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DBIQ OPTIMUM YIELD DIVERSIFIED COMMODITY INDEX TOTAL RETURN™

 

      CLOSING LEVEL    INDEX CHANGES
      High1    Low2    Annual3    Since Inception4

19975

   103.91      94.17    -5.83%                -5.83%            

1998

     95.03      67.96    -26.74%                -31.01%            

1999

     98.49      65.09    41.46%                -2.41%            

2000

   144.25      95.46    32.04%                28.86%            

2001

   136.34    108.28    -13.67%                11.24%            

2002

   144.95    108.59    27.90%                42.27%            

2003

   184.10    141.63    28.34%                82.58%            

2004

   276.91    182.59    38.58%                153.03%            

2005

   365.39    248.99    44.21%                264.89%            

2006

   461.10    364.06    15.10%                320.00%            

2007

   550.99    384.35    30.49%                448.05%            

2008

   788.19    336.20    -31.92%                273.11%            

2009

   481.22    327.67    27.87%                377.08%            

2010

   534.01    410.40    11.93%                434.01%            

2011

   618.86    492.48    -2.39%                421.23%            

2012

   579.04    472.39    4.16%                442.93%            

2013

   560.77    495.30    -6.55%                407.37%            

2014

   534.18    373.26    -26.43%                273.26%            

20156

   376.26    269.13    -26.68%                173.67%             

THE FUND WILL NOT TRADE WITH A VIEW TO TRACKING THE

DBIQ OPTIMUM YIELD DIVERSIFIED COMMODITY INDEX TOTAL RETURN OVER TIME.

NEITHER THE PAST PERFORMANCE OF THE FUND NOR THE PRIOR INDEX LEVELS AND CHANGES, POSITIVE

OR NEGATIVE, SHOULD BE TAKEN AS AN INDICATION OF THE FUND’S FUTURE PERFORMANCE.

*Prior to October 19, 2009, the Fund tracked the Deutsche Bank Liquid Commodity Index–Optimum Yield Excess Return™. From October 19, 2009 to December 31, 2010, the Fund tracked the Deutsche Bank Liquid Commodity Index–Optimum Yield Diversified Excess Return, or the Interim Index. Effective January 1, 2011, the Fund commenced tracking DBIQ Optimum Yield Diversified Commodity Index Excess Return™, or the Renamed Index. The Fund’s Renamed Index is identical to the Interim Index except with respect to the name of Index. The inception date of January 2007 remains identical. Except as provided in the immediately preceding sentence, all prior underlying formulae, data (e.g., closing levels, measure of volatility, all other numerical statistics and measures) and all other characteristics (e.g., Base Date, Index Sponsor, inception date, rolling, etc.) with respect to the Renamed Index are identical to the Interim Index.

Please refer to notes and legends that follow on page 54.

 

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