Invesco DB Commodity Index Tracking Fund (DBC)
Filed: 3 Dec 09, 12:00am
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: December 2, 2009
POWERSHARES DB COMMODITY INDEX TRACKING FUND
(Registrant)
DB COMMODITY INDEX TRACKING MASTER FUND
(Rule 140 Co-Registrant)
(Exact Name of each Registrant as Specified in its Charter)
| PowerShares DB Commodity Index Tracking Fund – Delaware | 32-6042243 (Fund) | |
| DB Commodity Index Tracking Master Fund – Delaware | 30-0317551 (Master Fund) | |
| (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.
Effective January 4, 2010, the Management Fees payable by investors in the PowerShares DB Commodity Index Tracking Fund (the “Fund”) will increase from 0.75% to 0.85% per annum of the daily net asset value of the Fund’s master fund, DB Commodity Index Tracking Master Fund. The adjustment to the Management Fee is attributable to the increased costs of managing the Fund due to changing regulatory requirements. DB Commodity Services LLC, the managing owner of the Fund, believes that the Fund remains competitively priced.
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/ | Hans Ephraimson | ||||
| Name: | Hans Ephraimson | |||||
| Title: | Chief Executive Officer | |||||
| By: | /s/ | Michael Gilligan | ||||
| Name: | Michael Gilligan | |||||
| Title: | Principal Financial Officer | |||||
| DB Commodity Index Tracking Master Fund | ||||||
| By: | DB Commodity Services LLC, | |||||
| its Managing Owner | ||||||
| By: | /s/ | Hans Ephraimson | ||||
| Name: | Hans Ephraimson | |||||
| Title: | Chief Executive Officer | |||||
| By: | /s/ | Michael Gilligan | ||||
| Name: | Michael Gilligan | |||||
| Title: | Principal Financial Officer | |||||
Date: December 2, 2009