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: February 25, 2008

 

 

POWERSHARES DB MULTI-SECTOR COMMODITY TRUST

(Registrant)

POWERSHARES DB AGRICULTURE FUND

DB MULTI-SECTOR COMMODITY MASTER TRUST

DB AGRICULTURE MASTER FUND

(Co-Registrants)

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

 

 

PowerShares DB Multi-Sector Commodity Trust– Delaware

DB Multi-Sector Commodity Master Trust – Delaware

(State or Other Jurisdiction of Incorporation or Organization)

 

001-33229; 001-33238; 001-33232; and 001-33237		87-0778053 87-0778057
(Commission File Number(s))		(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)

(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))

 

 

 

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Item 8.01. Other Events.

As disclosed in the prospectus of PowerShares DB Multi-Sector Commodity Trust dated January 15, 2008, which includes information regarding the PowerShares DB Agriculture Fund and DB Agriculture Master Fund (collectively, the “Fund”), the Commodity Futures Trading Commission and commodity exchanges impose position limits on market participants trading in certain commodities included in the DBLCI-OY Agriculture ER Index (the “DBA Index”), which include corn, wheat, soybeans, and sugar (the “DBA Index Commodities”). The DBA Index is comprised of futures contracts on the DBA Index Commodities that expire in a specific month and trade on a specific exchange (the “DBA Index Contracts”).

Because the Fund is approaching or has reached position limits with respect to certain of the DBA Index Contracts, the Fund has commenced investing in other futures contracts based on the DBA Index Commodities and in other futures contracts not based on DBA Index Commodities. The Managing Owner invests or will invest in such other futures contracts only if, in the reasonable judgment of the Managing Owner, such futures contracts tend to exhibit trading prices that correlate with a DBA Index Contract with respect to which the Fund is approaching, has reached, or has surpassed the applicable position limits (collectively, “Replacement Futures Contracts”).

When applicable, the specifications and weights of these Replacement Futures Contracts will be communicated on the Index Weights webpage of the Fund, which may be found at http://www.dbfunds.db.com/Dba/weights.aspx. This webpage will continue to disclose the Index Weights as it has since inception of the Fund, but will also disclose the Fund weights, which will reflect the weights of the underlying futures contracts of the Fund.

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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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Date: February 28, 2008