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 G10 CURRENCY HARVEST FUND
DB G10 CURRENCY HARVEST MASTER FUND
(Exact name of each Registrant as Specified in its Charter)
| | |
PowerShares DB G10 Currency Harvest Fund – Delaware DB G10 Currency Harvest Master Fund – Delaware | | 16-6562496 16-1756876 |
(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) |
001-33020
001-33021
(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 G10 Currency Harvest Fund (the “Fund”) and DB G10 Currency Harvest Master Fund (the “Master Fund”) filed a Prospectus Supplement dated January 26, 2007 (the “Prospectus Supplement”) to the Prospectus dated September 15, 2006 relating to the Fund and the Master Fund (the “Prospectus”).
The Prospectus Supplement provides as follows:
“The last paragraph under the sub-heading “Tax-Exempt Organizations” on pages 86 and 87 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.’”
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.
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| PowerShares DB G10 Currency Harvest 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 G10 Currency Harvest 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
