PowerShares DB Silver 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 Silver 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) funded both the Fund and the Master Fund.