PowerShares DB Precious Metals Fund (the Fund) is a separate series of PowerShares DB Multi-Sector Commodity Trust (the Trust), a Delaware statutory trust organized in seven separate series, and its subsidiary, DB Precious Metals Master Fund (the Master Fund), a separate series of DB Multi-Sector Commodity Master Trust (the Master Trust), a Delaware statutory trust organized in seven separate series, which were formed on August 3, 2006. DB Commodity Services LLC (DBCS or the Managing Owner), funded both the Fund and the Master Fund.