The PowerShares DB G10 Currency Harvest Fund (Fund) is based on the Deutsche Bank G10 Currency Future Harvest Index - Excess Return™ (Index) and managed by DB Commodity Services LLC. The Index is comprised of currency futures contracts on certain G10 currencies and is designed to exploit the trend that currencies associated with relatively high interest rates, on average, tend to rise in value relative to currencies associated with relatively low interest rates.
The G10 currency universe from which the index selects currently includes U.S. Dollars, Euros, Japanese Yen, Canadian Dollars, Swiss Francs, British Pounds, Australian Dollars, New Zealand Dollars, Norwegian
Krone and Swedish Krona. You cannot invest directly in an index. Ordinary brokerage
commissions apply. |
 |
Date |
|
11/19/2009 |
|
|
Price |
|
23.45 |
|
|
Bid/Ask Midpoint |
|
23.45 |
|
| |
|
NAV |
|
23.38 |
|
|
Bid/Ask Prem/Disc  |
|
0.07 |
|
|
Bid/Ask Prem/Disc |
|
0.30% |
|
|
|
|
|
|
| As of 9/30/2009 |
| Index History (%) | 1 Year | 2 Year | 3 Year | Index Publicationa | Fund Inceptionb |
| DB G10 Currency Harvest | -3.06 | -7.51 | -0.54 | 1.59 | -0.63 |
| US Treasury Bills | 0.21 | 1.21 | 2.37 | 2.56 | 2.37 |
| S&P 500 Index | -6.91 | -14.77 | -5.43 | -3.40 | -5.43 |
|
| Fund History (%) | 1 Year | 2 Year | 3 Year | Index Publicationa | Fund Inceptionb |
| NAV | -4.30 | -8.01 | -1.21 | | -1.30 |
| Market Price | -3.98 | -8.15 | -1.29 | | -1.40 |
aFund performance and index history are based on the Index's initial publication date:
June 28, 2006 |
| bFund and underlying Index returns are based on the inception date of the Fund. Returns for the benchmark indexes are based on the closest month end to the Fund's inception date. |
Total returns are based on the closing market price. Market returns are based on the midpoint of the bid/ask spread at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times. Performance data quoted represents past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than performance data quoted.
|
 |
| As of 9/30/2009 |
 |
| Data beginning 9/30/2006, the month end following Fund inception |
Performance data quoted represents past performance. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. Investment returns and principal value will fluctuate and shares of the Fund, when redeemed, may be worth more or less than their original cost. An investor cannot invest directly in an index.
The Fund seeks to track the Deutsche Bank G10 Currency Future Harvest Index - Excess Return™ (Symbol: DBCFHX). Results for the Deutsche Bank G10 Currency Future Harvest Index - Total Return™ (DB G10
Currency Harvest, Symbol: DBHVFTR), which consists of the Index plus 3-month United States Treasury securities returns, are
displayed because the Fund collateralizes futures positions with 3-month United States Treasury securities. |
 |
| |
Bid/Ask MidPoint Above NAV |
Bid/Ask Midpoint Below NAV |
| Quarter |
Days |
50-99
Basis Points |
100-199
Basis Points |
H200
Basis Points |
50-99
Basis Points |
100-199
Basis Points |
H200
Basis Points |
| 12/31/2009 |
22 |
0 |
0 |
0 |
0 |
0 |
0 |
| 9/30/2009 |
63 |
2 |
1 |
0 |
0 |
0 |
0 |
| 6/30/2009 |
63 |
5 |
0 |
0 |
0 |
0 |
0 |
| 3/31/2009 |
61 |
7 |
1 |
0 |
7 |
5 |
0 |
| Fund Inception: 9/18/2006 |
 |
| Ex-Date | | Record Date | | Pay Date | | $ / Share | | Ordinary Income | | Short Term Gains | | Long Term Gains | | Return of Capital |
| 12/15/2008 | | 12/17/2008 | | 12/31/2008 | | 0.27000 | | N.A. | | N.A. | | N.A. | | 0.27000 |
| 12/17/2007 | | 12/19/2007 | | 12/28/2007 | | 0.80000 | | N.A. | | N.A. | | N.A. | | 0.80000 |
|
| |
| Distribution Information |
Throughout the year, the weightings of each commodity component in the Index will naturally change based on changes in the underlying futures prices. The Fund's underlying holdings are rebalanced to the Index's base weights according to the schedule described in the prospectus. |
| As of 11/19/2009 |
| Commodity |
Contract Expiry Date |
Index Weight |
Base Weight |
| AUD |
12/14/2009 |
34.28% |
33.33% |
| CHF |
12/14/2009 |
-32.80% |
-33.33% |
| JPY |
12/14/2009 |
-32.62% |
-33.33% |
| NOK |
12/14/2009 |
33.71% |
33.33% |
| NZD |
12/14/2009 |
33.29% |
33.33% |
| USD |
12/14/2009 |
-32.07% |
-33.33% |
|
|
|
|
The negative figures represent the fund taking short positions.
Commodities and futures generally are volatile and are not suitable for all investors. The Fund will be successful only if significant losses are avoided. Please review the prospectus regarding specific break-even figures for the Fund.
The Fund is speculative and involves a high degree of risk. An investor may lose all or substantially all of an investment in the Fund. The Fund is not a mutual fund or any other type of Investment Company within the meaning of the Investment Company Act of 1940, as amended, and is not subject to regulation thereunder. Shares in the Fund are not FDIC insured, may lose value and have no bank guarantee.
Currencies and futures are generally volatile and may not be suitable for all investors. The fund will only be successful if significant losses are avoided. Investment in foreign exchange related products is subject to many factors which may contribute to or increase volatility, such as national debt levels and trade deficits, changes in domestic and foreign exchange rates, and investors' expectations concerning interest rates, currency exchange rates, and global or regional political, economic or financials events and situations.
Please review a copy of the prospectus carefully prior to investing. The prospectus provides a detailed explanation of the costs of investing, including the fees and expenses. You may purchase or sell PowerShares DB G10 Currency Harvest Fund shares throughout the day through any brokerage account, which will result in typical brokerage commissions. However, only Authorized Participants may create or redeem PowerShares DB G10 Currency Harvest Fund shares directly in large block creation/redemption units. Please review the prospectus carefully.
Shares are not individually redeemable and owners of the Shares may acquire those shares from the Fund and tender those shares for redemption to the Fund in Creation Units only, typically consisting of aggregations of 200,000 shares.
The S&P 500 index is an unmanaged index that is a broad measurement of change in stock market
conditions based on the average performance of approximately 500 stocks. You cannot invest directly in
an index. Except where indicated otherwise, all information is as of date noted, and Invesco PowerShares Capital Management LLC is either the source of such data or has obtained it from third-party financial reporting sources.
For more information regarding the PowerShares DB G10 Currency Harvest Fund or any of the Invesco PowerShares products, please call 800.983.0903.
