Document:

Form of Amendment No. 2 to Amended and Restated Declaration of Trust

 Exhibit 4.2.2 
 AMENDMENT NO. 2 TO THE 
 AMENDED AND RESTATED 

 DECLARATION OF TRUST AND TRUST AGREEMENT 
 OF 
 DB MULTI-SECTOR COMMODITY MASTER TRUST 
 This Amendment No. 2 (“Amendment No. 2”) to the Amended and Restated Declaration of Trust and Trust Agreement
dated as of November 21, 2006 (the “Declaration of Trust”) of DB Multi-Sector Commodity Master Trust (the “Master Trust”) by and among DB Commodity Services LLC (the “Managing Owner”),
Wilmington Trust Company and PowerShares DB Multi-Sector Commodity Trust. 
 WHEREAS, the Managing
Owner has determined that the DB Agriculture Master Fund will (i) replace its current index, Deutsche Bank Liquid Commodity Index–Optimum Yield Agriculture Excess ReturnTM with Deutsche Bank Liquid Commodity Index Diversified Agriculture Excess ReturnTM (the “Index”) and (ii) commence tracking the Index on October 19, 2009; 
 WHEREAS, the Managing Owner wishes to amend the Declaration of Trust pursuant to Section 11.1(b)(iii) thereof to give effect to
the replacement of Exhibit B as provided below, effective as of October 19, 2009. 
 NOW, THEREFORE, in
consideration of the premises and of other good and valuable consideration, the receipt and sufficiency of all of which are hereby acknowledged, the Declaration of Trust is amended as follows: 
  

	 	1.	Exhibit B to the Declaration of Trust shall be amended and replaced in its entirety with Exhibit A attached hereto. 

  

	 	2.	This Amendment No. 2 to the Declaration of Trust shall be governed by, and construed in accordance with, the laws of the State of Delaware.

  

	 	3.	Terms used but not otherwise defined herein shall have the meaning ascribed to such term in the Declaration of Trust, as amended. 

 Remainder of page left blank intentionally. 

 IN WITNESS WHEREOF, this Amendment No. 2 has been executed
for and on behalf of the undersigned as of the 30th day of
September, 2009. 
  

					
	DB COMMODITY SERVICES LLC, as
Managing Owner
		
	By:	 	/s/ Martin Kremenstein
		 	Name: 	 	Martin Kremenstein
		 	Title:	 	Chief Operating Officer
		
	By:	 	/s/ Michael Gilligan
		 	Name:	 	Michael Gilligan
		 	Title:	 	Principal Financial Officer

  

					
	Acknowledged:
	 WILMINGTON TRUST COMPANY, not in its
 individual capacity but solely as Trustee
 of the Master Trust

		
	By: 	 	/s/ Joseph B Feil
		 	Name: 	 	Joseph B. Feil
		 	Title:	 	Vice President

  

 2 

 Exhibit A 
  

 3 

 Exhibit B 
 AMENDED AND RESTATED 
 DESCRIPTION OF THE 
 DEUTSCHE BANK LIQUID COMMODITY INDEX–OPTIMUM YIELD EXCESS RETURNTM 
 SECTOR INDEXES 

 DBLCITM and Deutsche Bank Liquid Commodity IndexTM are trade marks of Deutsche Bank AG and are the subject of Community Trade Mark Nos. 3055043 and 3054996. Trade Mark applications in the United States are pending.
Any use of these marks must be with the consent of or under license from Deutsche Bank AG. 
 INTRODUCTION 

Pursuant to paragraph 6 of the Description of the Deutsche Bank Liquid Commodity Index–Optimum Yield Excess ReturnTM Sector Indexes (the “Description”), which is Exhibit B to the Amended and Restated Declaration of
Trust and Trust Agreement of DB Multi-Sector Commodity Master Trust, dated as of November 21, 2006, the Index Sponsor has made the determination that changes in regulatory circumstances affecting certain of the Index Commodities (the
“Changes”) with respect to the Deutsche Bank Liquid Commodity Index–Optimum Yield Agriculture Excess ReturnTM (“DBLCI-OY Agriculture ERTM”) have arisen, and, in the view of the Index Sponsor, such Changes necessitate the replacement of the DBLCI-OY Agriculture ERTM. 
 Because of the Changes, the Index Sponsor has determined that the replacement index should include additional Index Commodities that are not currently part of the DBLCI-OY Agriculture ERTM in order to permit the replacement index to reflect the performance of the agricultural sector in light of the
Changes. Therefore, the Index Sponsor is amending and restating the Description in full (the “Amended and Restated Description”) in order to replace the DBLCI-OY Agriculture ERTM with the Deutsche Bank Liquid Commodity Index Diversified Agriculture Excess ReturnTM (the “DBLCI Diversified Agriculture ERTM”). The Amended and Restated Description includes the historical closing levels of Deutsche Bank Liquid Commodity Index Diversified Agriculture Excess
ReturnTM and incorporates herein the historical closing levels of all other Sector Indexes (as defined below) as
published and amended from time-to-time. 
  

	1.	GENERAL 

 Each of the
Deutsche Bank Liquid Commodity Index–Optimum Yield Excess ReturnTM (the
“DBLCI-OYERTM”) and the Deutsche Bank Liquid Commodity Index Excess
ReturnTM (the “DBLCI ERTM”) (“DBLCI-OYERTM” and “DBLCI ERTM,” collectively, “DBLCITM” or “DBLCI ERTM”) is intended to reflect the performance of certain sectors of commodities (each, a “Sector Index”). Each Sector Index is calculated on an
excess return, or unfunded basis. All Sector Indexes, excluding portions of the Deutsche Bank Liquid Commodity Index Diversified Agriculture Excess ReturnTM, are rolled in a manner which are aimed at potentially maximizing the roll benefits in backwardated markets and minimizing the losses from rolling in contangoed
markets (“Optimum Yield”) with respect to each Sector Index. Only Deutsche Bank Liquid Commodity Index Diversified Agriculture Excess ReturnTM is rolled both on an Optimum Yield basis and non-Optimum Yield basis as provided under “Contract Selection (Non-OY Single Commodity Indexes only)” in
paragraph 2 herein. Each Sector Index is comprised of one or more

 
underlying commodities (the “Index Commodities”). The composition of Index Commodities with respect to each Sector Index varies according to each specific sector that such Sector
Index intends to reflect. Each Index Commodity is represented in the Sector Index as an index with respect to that specific Index Commodity (“Single Commodity Index”). Each Index Commodity is assigned a weight (the “Index
Base Weight”) which is intended to reflect the proportion of such Index Commodity relative to each Sector Index. 
 The Sector Indexes
include: 
  

	 	•	 	 Deutsche Bank Liquid Commodity Index–Optimum Yield Energy Excess ReturnTM (“DBLCI-OY Energy ERTM
”) is intended to reflect the performance of the energy sector. 

  

	 	•	 	 Deutsche Bank Liquid Commodity Index–Optimum Yield Crude Oil Excess ReturnTM (“DBLCI-OY CL ERTM”) is intended to reflect the performance of the crude oil sector. 

  

	 	•	 	 Deutsche Bank Liquid Commodity Index–Optimum Yield Precious Metals Excess ReturnTM (“DBLCI-OY Precious Metals ERTM”) is intended to reflect the performance of the precious metals sector. 

  

	 	•	 	 Deutsche Bank Liquid Commodity Index–Optimum Yield Gold Excess ReturnTM (“DBLCI-OY GC ERTM”) is intended to reflect the performance of the gold sector. 

  

	 	•	 	 Deutsche Bank Liquid Commodity Index–Optimum Yield Silver Excess ReturnTM (“DBLCI-OY SI ERTM”) is intended to reflect the performance of the silver sector. 

  

	 	•	 	 Deutsche Bank Liquid Commodity Index–Optimum Yield Industrial Metals Excess ReturnTM (“DBLCI-OY Industrial Metals ERTM”) is intended to reflect the performance of the base metals sector. 

  

	 	•	 	 Deutsche Bank Liquid Commodity Index Diversified Agriculture Excess ReturnTM (“DBLCI Diversified Agriculture ERTM”) is intended to reflect the performance of the agricultural sector. 

 DBLCI-OY CL ERTM, DBLCI-OY GC ERTM, or
DBLCI-OY SI ERTM are Sector Indexes with a single Index Commodity, or Single Commodity Sector Indexes.

 Each Sector Index has been calculated back to a base date (the “Base Date”). On the Base Date the closing level of each
Sector Index, or Closing Level, was 100. 
 The sponsor of the each Sector Index is Deutsche Bank AG London (the “Index
Sponsor”). 
  

 2 

 SECTOR INDEXES OVERVIEW 
  

										
	 Sector Index
	  	 Single Commodity Index
	  	 Exchange (Contract Symbol)1
	  	 Base Date
	  	Index Base
Weight	 
	DBLCI-OY Energy ERTM	  	Sweet Light Crude Oil (WTI)	  	NYMEX (CL)	  	June 4, 1990	  	22.50	% 
		  	Heating Oil	  	NYMEX (HO)	  		  	22.50	% 
		  	Brent Crude Oil	  	ICE-UK (LCO)	  		  	22.50	% 
		  	RBOB Gasoline	  	NYMEX (XB)	  		  	22.50	% 
		  	Natural Gas	  	NYMEX (NG)	  		  	10.00	% 
	DBLCI-OY CL ERTM2	  	Sweet Light Crude Oil (WTI)	  	NYMEX (CL)	  	December 2, 1988	  	100.00	% 
	DBLCI-OY Precious Metals ERTM	  	Gold	  	COMEX (GC)	  	December 2, 1988	  	80.00	% 
		  	Silver	  	COMEX (SI)	  		  	20.00	% 
	DBLCI-OY GC ERTM2	  	Gold	  	COMEX (GC)	  	December 2, 1988	  	100.00	% 
	DBLCI-OY SI ERTM2	  	Silver	  	COMEX (SI)	  	December 2, 1988	  	100.00	% 
	DBLCI-OY Industrial Metals ERTM	  	Aluminum	  	LME (MAL)	  	September 3, 1997	  	33.33	% 
		  	Zinc	  	LME (MZN)	  		  	33.33	% 
		  	Copper - Grade A	  	LME (MCU)	  		  	33.33	% 
	DBLCI Diversified Agriculture ERTM
	  	Corn3	  	CBOT (C)	  	January 18, 1989	  	12.50	% 
		  	Soybeans3	  	CBOT (S)	  		  	12.50	% 
		  	Wheat3	  	CBOT (W)	  		  	6.25	% 
		  	Kansas Wheat3	  	KCB (KW)	  		  	6.25	% 
		  	Sugar3	  	ICE-US (SB)	  		  	12.50	% 
		  	Cocoa4	  	ICE-US (CC)	  		  	11.11	% 
		  	Coffee4	  	ICE-US (KC)	  		  	11.11	% 
		  	Cotton4	  	ICE-US (CT)	  		  	2.78	% 
		  	Live Cattle4	  	CME (LC)	  		  	12.50	% 
		  	Feeder Cattle4	  	CME (FC)	  		  	4.17	% 
		  	Lean Hogs4	  	CME (LH)	  		  	8.33	% 

  

	1	 Connotes the exchanges on which the underlying futures contracts are traded with respect to each
Single Commodity Index. 

	2	 DBLCI-OY CL ERTM, DBLCI-OY GC ERTM, or
DBLCI-OY SI ERTM are Sector Indexes with a single Index Commodity, or Single Commodity Sector Indexes. 

	3	 Connotes Single Commodity Index rolled on Optimum Yield basis. 

	4	 Connotes non-OY Single Commodity Index. 

 Legend: 
 “CBOT” means the Board
of Trade of the City of Chicago Inc., or its successor. 
 “CME” means the Chicago Mercantile Exchange, Inc., or its successor.

 “COMEX” means the Commodity Exchange Inc., New York, or its successor. 
 “ICE-UK” means ICE Futures Europe, or its successor. 
 “ICE-US” means ICE Futures U.S., Inc., or its successor. 
 “KCB” means the
Board of Trade of Kansas City, Missouri, Inc., or its successor. 
 “LME” means The London Metal Exchange Limited, or its successor.

 “NYMEX” means the New York Mercantile Exchange, or its successor. 
  

 3 

 Each Single Commodity Index employs a rule-based approach when it ‘rolls’ from
one futures contract to another for each Index Commodity. Rather than select a new futures contract based on a predetermined schedule (e.g., monthly), each futures contract underlying a Single Commodity Index (excluding the following Single
Commodity Indexes of the DBLCI Diversified Agriculture ERTM: Cocoa, Coffee, Cotton, Live Cattle, Feeder Cattle
and Live Hogs (the “non-OY Single Commodity Indexes”)) rolls to the futures contract which generates the maximum ‘implied roll yield’ (the “OY Single Commodity Indexes”). The futures contract having a
delivery month within the next thirteen months which generates the highest implied roll yield will be included in each OY Single Commodity Index. As a result, each OY Single Commodity Index is able to potentially maximize the roll benefits in
backwardated markets and minimize the losses from rolling in contangoed markets. 
 In general, as a futures contract approaches its expiration
date, its price will move towards the spot price in a contango market. Assuming the spot price does not change, this would result in the futures contract price decreasing. The opposite is true in a backwardated market. A contango market will tend to
cause a drag on each OY Single Commodity Index while a backwardated market will tend to cause a push on an OY Single Commodity Index. 
 Each of
the non-OY Single Commodity Indexes rolls only to the next to expire futures contract as provided under “Contract Selection (Non-OY Single Commodity Indexes only)” in paragraph 2 below. 
 DBLCITM is calculated in USD on both an excess return (unfunded) and total return (funded) index levels. 
 The futures contract price of the underlying futures contracts of each Single Commodity Index (and, in turn, each Index Commodity) will be the exchange closing prices for the underlying futures contract
of each such Single Commodity Index on each weekday when banks in New York, New York are open (“Index Business Days”). If a weekday is not an Exchange Business Day but is an Index Business Day, the exchange closing price from the
previous Index Business Day will be used for the underlying futures contract of each Single Commodity Index. “Exchange Business Day” means, in respect of the underlying futures contract of each Single Commodity Index, a day that is
(or, but for the occurrence of an Index Disruption Event, as provided in paragraph 3, or Force Majeure Event, as provided in paragraph 4, would have been) a trading day for such underlying futures contract of each Single Commodity Index on the
relevant Exchange, as defined in paragraph 3. 
  

	2.	INDEX CALCULATION AND RULES 

 The excess
return calculation of each Sector Index is equal to the percentage change of the market values of the underlying Single Commodity Indexes with respect to each Index Commodity. The excess return calculation of each Single Commodity Sector Index is
equal to the percentage change of the market values of the underlying Single Commodity Index with respect to the applicable Index Commodity. Each Single Commodity Index will have two futures contracts on each Index Commodity throughout roll periods
and one futures contracts on all other days. 
  

 4 

 Excess Return Calculation of DBLCI ERTM 
 The excess
return calculation of the DBLCI ERTM in USD is expressed as: 
 

 
 Where: 
  

			
	ILer(t)	  	 =  Excess Return Index level on day t

	ILer(t-1)    	  	 =  Excess Return Index level on index calculation day t-1

	PC(t,i)	  	 =  Close price of commodity future i on day t

	PC(t-1,i)	  	 =  Close price of commodity future i on index calculation day t-1

	N(t-1,i)	  	 =  Notional holding of commodity future i on index calculation day t-1

 Contract Selection (All Sector Indexes, excluding non-OY Single Commodity Indexes) 

 On the first New York business day of each month (the “Verification Date”) each futures contract currently in each OY Single
Commodity Index is tested for continued inclusion in the OY Single Commodity Index based on the month in which the futures contract underlying the OY Single Commodity Index requires delivery of the underlying Index Commodity (the “Delivery
Month”). If, on the Verification Date, the Delivery Month is the next month, a new futures contract is selected for the OY Single Commodity Index. For example, if the first New York business day is May 1, 2006, and the Delivery Month
of a futures contract currently in the OY Single Commodity Index is June 2006, a new futures contract with a later Delivery Month will be selected for the OY Single Commodity Index. 
 For each futures contract selected for an OY Single Commodity Index, the new futures contract selected for inclusion in the OY Single
Commodity Index will be the futures contract with the maximum “implied roll yield” based on the closing price for each eligible futures contract (“Eligible Futures Contract”). Eligible Futures Contracts are any futures
contracts having a Delivery Month (i) no sooner than the month after the Delivery Month of the futures contract currently in the OY Single Commodity Index, and (ii) no later than the 13th month after the Verification Date. For example, if the first New York business day is May 1, 2006
and the Delivery Month of a futures contract currently in the OY Single Commodity Index is therefore June 2006, the Delivery Month of an Eligible Futures Contract must be between July 2006 and June 2007. The implied roll yield is expressed as:

 

 
  

 5 

 Where: 
  

			
	Y(t,i)	  	 =  On any day t, the implied roll yield for entering into the commodity futures contract on an Index Commodity with
exchange Delivery Month i

	PC(t,b)    	  	 =  Close price of the base commodity future b

	PC(t,i)	  	 =  Close price of any Eligible Futures Contract with exchange Delivery Month i

	F(t,i,b)	  	 =  Fraction of year between the base futures contract on b and the futures contract with exchange Delivery Month i.
Calculated as number of calendar days between dates divided by 365.

	b	  	 =  Base commodity futures contract is the Index Commodity futures contract currently in the OY Single Commodity Index.

 The futures contract with the maximum implied roll yield is then selected for inclusion in a OY
Single Commodity Index. If two futures contracts have the same implied roll yield, the futures contract with the minimum number of months prior to the exchange expiry month is selected for the OY Single Commodity Index. 
 Contract Selection (Non-OY Single Commodity Indexes only) and Recomposition Periods 
 On the first Index Business Day of each month, each non-OY Single Commodity Index will select a new futures contract to replace the old futures contract as
provided in the following schedule. After selection of the replacement futures contract, each non-OY Single Commodity Index will roll such replacement futures contract as provided in the sub-paragraph “Monthly Index Roll Period.”

 Schedule of Rolling each Non-OY Index Commodity of DBLCI Diversified Agriculture ERTM 
  

																											
	 Contract
	  	 Exchange
(Symbol)
	  	  Jan  	  	  Feb  	  	  Mar  	  	  Apr  	  	  May  	  	  Jun  	  	  Jul  	  	  Aug  	  	  Sep  	  	  Oct  	  	  Nov  	  	  Dec  
	 Cocoa
	  	ICE-US (CC)	  	H	  	H	  	K	  	K	  	N	  	N	  	U	  	U	  	Z	  	Z	  	Z	  	H
	 Coffee
	  	ICE-US (KC)	  	H	  	H	  	K	  	K	  	N	  	N	  	U	  	U	  	Z	  	Z	  	Z	  	H
	 Cotton
	  	ICE-US (CT)	  	H	  	H	  	K	  	K	  	N	  	N	  	Z	  	Z	  	Z	  	Z	  	Z	  	H
	 Live Cattle
	  	CME (LC)	  	G	  	J	  	J	  	M	  	M	  	Q	  	Q	  	V	  	V	  	Z	  	Z	  	G
	 Feeder Cattle
	  	CME (FC)	  	H	  	H	  	J	  	K	  	Q	  	Q	  	Q	  	U	  	V	  	X	  	F	  	F
	 Lean Hogs
	  	CME (LH)	  	G	  	J	  	J	  	M	  	M	  	N	  	Q	  	V	  	V	  	Z	  	Z	  	G

  

			
	 Month Letter Codes

	 Month
	  	    Letter Code    
	 January
	  	F
	 February
	  	G
	 March
	  	H
	 April
	  	J
	 May
	  	K
	 June
	  	M
	 July
	  	N
	 August
	  	Q
	 September
	  	U
	 October
	  	V
	 November
	  	X
	 December
	  	Z

  

 6 

 Monthly Index Roll Period 
 For purposes of this sub-paragraph, the term “Single Commodity Index” also includes the term “non-OY Single Commodity Index.” 
 After the futures contract selection, the monthly Single Commodity Index roll unwinds the old futures contract and enters a position in
the new futures contract. This takes place between the 2nd
and 6th Index Business Day of the month. 
 If the old futures contract and the new futures contract are the same, then the contract will not be rolled and the notional holding is kept constant as
follows: 
 

 
 On each day during the roll period, new notional holdings are calculated. The calculations for the old futures
contracts comprising a Single Commodity Index that are leaving the Sector Index and the new futures contracts comprising a Single Commodity Index that are entering the Sector Index are different. 
 The notional holdings of the old futures contracts comprising a Single Commodity Index i is expressed as: 
 

 
 The notional holdings of the new futures contracts comprising a Single Commodity Index j is expressed as:

 

 
 Where: 
  

			
	N(t-1,i)	  	 =  Notional holding of old commodity future i on index calculation day t-1

	N(t,i)	  	 =  Notional holding of old commodity future i on index calculation day t

	N(t-1,j)    	  	 =  Notional holding of new commodity future j on index calculation day t-1

	N(t,j)	  	 =  Notional holding of new commodity future j on index calculation day t

	db(t)	  	 =  Number of index business days in the month up to and including day t

 On all days that are not monthly index roll days, the notional holdings of each future contract
comprising a Single Commodity Index remains constant as follows: 
 

 
 [Remainder of page left blank intentionally.] 
  

 7 

 DBLCI ERTM Re-weighting Calculation 
 For purposes of this
sub-paragraph, the term “Single Commodity Index” also includes the term “non-OY Single Commodity Index.” 
 The DBLCI ERTM is re-weighted on an annual basis on the 6th Index Business Day of each November. 
 The DBLCI ERTM calculation is expressed as the weighted average return of each underlying Single Commodity Index. 
 

 
 Where: 
  

			
	IL(t,c,rt)	  	 =  Index level on day t in currency c with return type rt

	IL(d,c,rt)	  	 =  Index level on last rebalancing day d in currency c with return type rt

	CIL(t,c,rt)	  	 =  Component Single Currency Index level for commodity cf on day t in currency c with return type
rt

	CIL(d,c,rt)    	  	 =  Component Single Currency Index level for commodity cf on last rebalancing day d in currency c with return type rt

	w(d,cf)	  	 =  Weight of commodity cf on last rebalancing day d

  

	3.	INDEX DISRUPTION EVENT 

 If an Index
Disruption Event in relation to a futures contract underlying a Single Commodity Index continues for a period of five successive Exchange Business Days, the Index Sponsor will, in its discretion, either (i) continue to calculate the relevant
Closing Price of each futures contract underlying a Single Commodity Index by reference to the Closing Price of the relevant Exchange Traded Instrument with respect to such futures contract underlying a Single Commodity Index on the immediately
preceding Valid Date (as provided in the definition of the relevant Closing Price) for a further period of five successive Exchange Business Days or (ii) select: 
  

	(a)	an Exchange Traded Instrument relating to the relevant Index Commodity or in the determination of the Index Sponsor a commodity substantially similar to the relevant
Index Commodity published in U.S. Dollars; or 

  

	(b)	if no Exchange Traded Instrument as described in (a) above is available or the Index Sponsor determines that for any reason (including, without limitation, the
liquidity or volatility of such Exchange Traded Instrument at the relevant time) the inclusion of such Exchange Traded Instrument in a Single Commodity Index would not be appropriate, an Exchange Traded Instrument relating to the relevant Index
Commodity or in the determination of the Index Sponsor a commodity substantially similar to the relevant Index Commodity published in a currency other than U.S. Dollars; or 

  

 8 

	(c)	if no such Exchange Traded Instrument as described in (a) or (b) above is available or the Index Sponsor determines that for any reason (including, without
limitation, the liquidity or volatility of such Exchange Traded Instrument at the relevant time) the inclusion of such Exchange Traded Instrument would not be appropriate, an Exchange Traded Instrument relating to any commodity in the same Group of
Commodities as the relevant Index Commodity which is published in U.S. Dollars, 

 in each case to replace the exchange instrument
relating to the relevant Index Commodity, all as determined by the Index Sponsor. 
 In the case of (i) above, if an Index Disruption Event
in relation to the relevant Index Commodity continues for the further period of five successive Exchange Business Days referred to therein, on the expiry of such period the provisions of (ii) above shall apply. 
 In the case of a replacement of an Exchange Traded Instrument as described in (ii) above, the Index Sponsor will make such adjustments to the
methodology and calculation of the Sector Index (or Single Commodity Sector Index, as applicable) as it determines to be appropriate to account for the relevant replacement and will publish such adjustments in accordance with paragraph 7
(Publication of Closing Levels and Adjustments) below. 
 For the purposes of this Description: 
 “Closing Price” means, in respect of an Index Business Day, the closing price on the appropriate Exchange of the relevant Index Commodity.

 “Exchange” means: 
  

	(a)	in respect of Aluminum, LME; 

  

	(b)	in respect of Brent Crude Oil, ICE-UK; 

  

	(c)	in respect of Cocoa, ICE-US; 

  

	(d)	in respect of Coffee, ICE-US; 

  

	(e)	in respect of Copper - Grade A, LME; 

  

	(f)	in respect of Corn, CBOT; 

  

	(g)	in respect of Cotton, ICE-US; 

  

	(h)	in respect of Feeder Cattle, CME; 

  

	(i)	in respect of Gold, COMEX; 

  

	(j)	in respect of Heating Oil, NYMEX; 

  

	(k)	in respect of Kansas Wheat, KCB; 

  

	(l)	in respect of Live Cattle, CME; 

  

	(m)	in respect of Lean Hogs, CME; 

  

	(n)	in respect of Natural Gas, NYMEX; 

  

	(o)	in respect of RBOB Gasoline, NYMEX; 

  

	(p)	in respect of Silver, COMEX; 

  

	(q)	in respect of Soybeans, CBOT; 

  

	(r)	in respect of Sugar, ICE-US; 

  

	(s)	in respect of Sweet Light Crude Oil (WTI), NYMEX; 

  

	(t)	in respect of Wheat, CBOT; and 

  

	(u)	in respect of Zinc, LME. 

  

 9 

 “Exchange Business Day” means, in respect of an Index Commodity, a day that is (or, but for
the occurrence of an Index Disruption Event or Force Majeure Event would have been) a trading day for such Index Commodity on the relevant Exchange. 
 “Exchange Traded Instrument” means, in respect of an Index Commodity, an instrument for future delivery of that Index Commodity on a specified delivery date traded on the relevant Exchange. 
 “Group of Commodities” means each of (i) energy and oils, (ii) precious metals, (iii) industrial metals and
(iv) agricultural products. For the avoidance of doubt, (i) Brent Crude Oil, Heating Oil, Natural Gas, RBOB Gasoline, and Sweet Light Crude Oil (WTI) are energy and oils, (ii) Gold and Silver are precious metals, (iii) Aluminum,
Copper - Grade A and Zinc are industrial metals and (iv) Cocoa, Coffee, Corn, Cotton, Feeder Cattle, Kansas Wheat, Lean Hogs, Live Cattle, Soybeans, Sugar and Wheat are agricultural products. 
 “Index Disruption Event” means, in respect of an Index Commodity or a related Exchange Instrument, an event (other than a Force Majeure
Event) that would require the Index Sponsor to calculate the Closing Price in respect of the relevant Index Commodity on an alternative basis were such event to occur or exist on a day that is an Exchange Business Day (or, if different, the day on
which the Closing Price for such Exchange Instrument for the relevant Index Business Day would, in the ordinary course, be published or announced by the relevant Exchange). 
 “Valid Date” means, in respect of an Index Commodity, a day which is an Exchange Business Day in respect of such Index Commodity and a day on which an Index Disruption Event in respect of
such Index Commodity does not occur. 
  

	4.	FORCE MAJEURE 

 If a Force Majeure Event
occurs on an Index Business Day, the Index Sponsor may in its discretion: 
  

	(i)	make such determinations and/or adjustments to the terms of this Description as it considers appropriate to determine any Closing Level on any such Index Business Day;
and/or 

  

	(ii)	defer publication of the information relating to the applicable Sector Index (or applicable Single Commodity Sector Index) until the next Index Business Day on which it
determines that no Force Majeure Event exists; and/or 

  

	(iii)	permanently cancel publication of the information relating to the applicable Sector Index. 

 For the purposes of this Description: 
 “Force Majeure Event” means an event or
circumstance (including, without limitation, a systems failure, natural or man-made disaster, act of God, armed conflict, act of terrorism, riot or labour disruption or any similar intervening circumstance) that is beyond the reasonable control of
the Index Sponsor and that the Index Sponsor determines affects the applicable Sector Index (or applicable Single Commodity Sector Index), any Index Commodity or any Exchange Instrument. 
  

 10 

	5.	INDEX SPONSOR 

 All determinations made by
the Index Sponsor will be made by it in good faith and in a commercially reasonable manner by reference to such factors as the Index Sponsor deems appropriate and will be final, conclusive and binding in the absence of manifest error. 
  

	6.	 CHANGE IN THE METHODOLOGY OF THE DBLCITM 

 The Index
Sponsor will, subject as provided below, employ the methodology described above and its application of such methodology shall be conclusive and binding. While the Index Sponsor currently employs the above described methodology to calculate the
Sector Indexes (including the Single Commodity Sector Indexes), no assurance can be given that fiscal, market, regulatory, juridical or financial circumstances (including, but not limited to, any changes to or any suspension or termination of or any
other events affecting any Index Commodity or a futures contract) will not arise that would, in the view of the Index Sponsor, necessitate a modification of or change to such methodology and in such circumstances the Index Sponsor may make any such
modification or change as it determines appropriate. The Index Sponsor may also make modifications to the terms of either the DBLCITM or Sector Indexes (including the Single Commodity Sector Indexes) in any manner that it may deem necessary or desirable, including (without limitation) to correct
any manifest or proven error or to cure, correct or supplement any defective provision contained in this Description. The Index Sponsor will publish notice of any such modification or change and the effective date thereof in accordance with
paragraph 7 (Publication of Closing Levels and Adjustments) below. 
  

	7.	PUBLICATION OF CLOSING LEVELS AND ADJUSTMENTS 

 The Index Sponsor will publish the Closing Levels of the Sector Indexes (including the Single Commodity Sector Indexes) and the intra-day indicative Index level once every fifteen seconds throughout each trading day (NYSE Arca symbols:
DBLCI-OY Energy ER: DBENIX; DBLCI-OY CL ER: DBOLIX; DBLCI-OY Precious Metals ER: DBPMIX; DBLCI-OY GC ER: DGLDIX; DBLCI-OY SI ER: DBSLIX; DBLCI-OY Industrial Metals ER: DBBMIX; DBLCI-Diversified Agriculture ER: DBAGIX) (quoted in U.S. dollars) on the
consolidated tape, Reuters and/or Bloomberg and on the Managing Owner’s website at http://www.dbfunds.db.com and https://index.db.com, or any successor thereto. 
 The Index Sponsor will publish any adjustments made to the Sector Indexes on the Managing Owner’s website at http://www.dbfunds.db.com and https://index.db.com or any successor thereto.

 [Remainder of page left blank intentionally.] 
  

 11 

	8.	HISTORICAL CLOSING LEVELS 

 This Amended and Restated Description incorporates the historical closing levels as published and amended from time-to-time of all Sector Indexes other than DBLCI Diversified Agriculture ERTM. 
 Set out below are the closing levels and related data with respect to the DBLCI Diversified Agriculture ERTM as of August 31, 2009. 
 With respect to this paragraph 8 only, the DBLCI Diversified Agriculture ERTM shall hereinafter be
referred to as the “Index” and PowerShares DB Agriculture Fund shall hereinafter be referred to as the “Fund.” 
 With respect to the Closing Levels Tables, historic daily Index Closing Levels have been calculated with respect to the Index since its Base Date. 
 The Base Date for the Index is January 18, 1989. 
 The Base Date was selected
by the Index Sponsor based on the availability of price data with respect to the relevant underlying futures contracts on the Index Commodities of the Index. 
 Since June 2006, the historic data with respect to the closing prices of futures contracts on Feeder Cattle (FC), Cotton #2 (CT), Coffee (KC), Cocoa (CC), Live Cattle (LC), Lean Hogs (LH), Corn (C), Wheat
(W), Soybeans (S), Sugar #11 (SB) and Kansas Wheat (KW) originated from Reuters. Prior to June 2006, the closing prices of futures contracts on Feeder Cattle (FC), Cotton #2 (CT), Coffee (KC), Cocoa (CC), Live Cattle (LC), Lean Hogs (LH), Corn (C),
Wheat (W), Soybeans (S), Sugar #11 (SB) and Kansas Wheat (KW) were obtained from publicly available information from Logical Information Machines (http://www.lim.com), Bloomberg, and Reuters. The Index Sponsor has not independently verified
the information extracted from these sources. The Index calculation methodology and commodity future selection are the same prior to and following June 2006. 
 Complete price histories regarding certain futures contracts on the Index Commodities were not available (e.g., due to lack of trading on specific days). In the event that prices on such futures contracts
on the Index Commodities were unavailable during a contract selection day, such futures contract was excluded from the futures contract selection process. The Index Sponsor believes that the incomplete price histories should not have a material
impact on the calculation of the Index. 
 The Index Closing Level is equal to the weighted sum of the market value of the
commodity futures contracts of all the respective Index Commodities that comprise the Index. The market value of the commodity futures contracts of an Index Commodity is equal to the number of commodity futures contracts of an Index Commodity held
multiplied by the commodity futures contracts closing price of an Index Commodity. 
 The weight of each Index Commodity of the
Index is linked to the number of commodity futures contracts held of such Index Commodity and the price of commodity futures contracts of the Index Commodity. The weight of an Index Commodity is defined as the market value of the commodity futures
contracts of the Index Commodity divided by the sum of all market values of all commodity futures contracts of the Index Commodities that comprise and Index multiplied by 100%. 
 The Index Commodities Weights Tables reflect the range of the weightings with respect to each of the Index Commodities used to calculate the
Index. 
 The Index rules stipulate the holding in each Index Commodity futures contract. Holdings in each Index Commodity
change during the Index rebalancing periods as determined by the optimum yield roll rules. 
  

 12 

 Cautionary Statement–Statistical Information 
 Various statistical information is presented on the following pages, relating to the Closing Levels of the Index, on an annual and cumulative
basis, including certain comparisons of the Index to other commodities indices. In reviewing such information, prospective investors should consider that: 
  

	 	•	 	 Changes in Closing Levels of the Index during any particular period or market cycle may be volatile. 

  

					
	 Index
	  	Worst Peak-to-Valley
Drawdown and Time
Period	  	Worst Monthly
Drawdown
and Month and
Year
	 DBLCI Diversified Agriculture ERTM
	  	(53.40)%, 4/97 – 4/02	  	(14.37)%, 10/08

 For example, the “Worst Peak-to-Valley Drawdown” of the Index, represents the greatest
percentage decline from any month-end Closing Level, without such Closing Level being equaled or exceeded as of a subsequent month-end, which occurred during the above-listed time period. 
 The “Worst Monthly Drawdown” of the Index occurred during the above-listed month and year. 
  

	 	•	 	 Neither the fees charged by the Fund nor the execution costs associated with establishing futures positions in the Index Commodities are incorporated
into the Closing Levels of the Index. Accordingly, such Index Levels have not been reduced by the costs associated with an actual investment, such as the Fund, with an investment objective of tracking the Index. 

  

	 	•	 	 The Index is independently calculated by Deutsche Bank AG London, the Index Sponsor. The DBLCI Diversified Agriculture ERTM index was established on September 18, 2009. The Index calculation methodology and commodity futures contracts
selection are the same before and after September 18, 2009 with respect to the DBLCI Diversified Agriculture ERTM
, as described above. Accordingly, the Closing Levels of the Index, terms of the Index methodology and Index Commodities, reflect an element of hindsight at the time the Index was established. See the Fund’s prospectus within the
currently effective registration statement - “Risk Factors— “You May Not Rely on Past Performance or Index Results in Deciding Whether to Buy Shares” and “— “Fewer Representative Commodities May Result In
Greater Index Volatility.” 

 WHILE THE FUND’S OBJECTIVE IS NOT TO GENERATE
PROFIT THROUGH ACTIVE PORTFOLIO MANAGEMENT, BUT IS TO TRACK THE INDEX, BECAUSE THE DBLCI DIVERSIFIED AGRICULTURE ERTM
 INDEX WAS ESTABLISHED IN SEPTEMBER 18, 2009, CERTAIN INFORMATION RELATING TO INDEX CLOSING LEVELS MAY BE CONSIDERED TO BE “HYPOTHETICAL.” HYPOTHETICAL INFORMATION MAY HAVE CERTAIN INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED
BELOW. 
 NO REPRESENTATION IS BEING MADE THAT THE INDEX WILL OR IS LIKELY TO ACHIEVE ANNUAL OR CUMULATIVE CLOSING LEVELS
CONSISTENT WITH OR SIMILAR TO THOSE SET FORTH HEREIN. SIMILARLY, NO REPRESENTATION IS BEING MADE THAT THE FUND WILL GENERATE PROFITS OR LOSSES SIMILAR TO THE FUND’S PAST PERFORMANCE, WHEN AVAILABLE, OR THE HISTORICAL ANNUAL OR CUMULATIVE
CHANGES IN THE INDEX CLOSING LEVELS. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY INVESTMENT METHODOLOGIES, WHETHER ACTIVE OR PASSIVE. 
 ONE OF THE LIMITATIONS OF HYPOTHETICAL INFORMATION IS THAT IT IS GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. TO
THE EXTENT THAT INFORMATION PRESENTED HEREIN RELATES TO THE PERIOD SINCE INCEPTION WITH RESPECT TO THE DBLCI DIVERSIFIED AGRICULTURE ERTM THROUGH SEPTEMBER 18, 2009, THE INDEX’S CLOSING LEVELS REFLECT THE APPLICATION OF THE INDEX’S METHODOLOGY, AND SELECTION OF INDEX COMMODITIES, IN
HINDSIGHT. 
  

 13 

 NO HYPOTHETICAL RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL
TRADING. FOR EXAMPLE, THERE ARE NUMEROUS FACTORS, INCLUDING THOSE DESCRIBED SEE THE PROSPECTUS WITHIN THE FUND’S CURRENTLY EFFECTIVE REGISTRATION STATEMENT UNDER “RISK FACTORS”, RELATED TO THE COMMODITIES MARKETS IN GENERAL OR TO THE
IMPLEMENTATION OF THE FUND’S EFFORTS TO TRACK ITS INDEX OVER TIME WHICH CANNOT BE, AND HAVE NOT BEEN, ACCOUNTED FOR IN THE PREPARATION OF THE INDEX INFORMATION SET FORTH ON THE FOLLOWING PAGES, ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL
PERFORMANCE RESULTS FOR THE FUND. FURTHERMORE, THE INDEX INFORMATION DOES NOT INVOLVE FINANCIAL RISK OR ACCOUNT FOR THE IMPACT OF FEES AND COSTS ASSOCIATED WITH THE FUND. 
 THE MANAGING OWNER COMMENCED OPERATIONS IN JANUARY 2006. AS MANAGING OWNER, THE MANAGING OWNER AND ITS TRADING PRINCIPALS HAVE BEEN MANAGING THE DAY-TO-DAY OPERATIONS FOR THE FUND AND MANAGING FUTURES
TRADING ACCOUNTS. BECAUSE THERE ARE LIMITED ACTUAL TRADING RESULTS TO COMPARE TO THE INDEX CLOSING LEVELS SET FORTH HEREIN, PROSPECTIVE INVESTORS SHOULD BE PARTICULARLY WARY OF PLACING UNDUE RELIANCE ON THE ANNUAL OR CUMULATIVE INDEX RESULTS.

  

 14 

 VOLATILITY OF DBLCI DIVERSIFIED AGRICULTURE ERTM 
 The following table1 reflects various measures of volatility2 of the
history of each Index as calculated on an excess return basis: 
  

			
	 Volatility Type
	  	DBLCI Diversified Agriculture ERTM3
	 Daily volatility over full history
	  	10.32%
	 Average rolling 3 month daily volatility
	  	9.57%
	 Monthly return volatility
	  	12.09%
	 Average annual volatility
	  	9.95%

 The following table reflects the daily volatility on an annual basis of each Index:

  

			
	 Year
	  	DBLCI Diversified Agriculture ERTM3
	 1989
	  	8.35%
	 1990
	  	7.92%
	 1991
	  	7.85%
	 1992
	  	6.93%
	 1993
	  	8.24%
	 1994
	  	12.80%
	 1995
	  	6.78%
	 1996
	  	7.80%
	 1997
	  	11.19%
	 1998
	  	8.06%
	 1999
	  	10.74%
	 2000
	  	8.87%
	 2001
	  	8.38%
	 2002
	  	9.51%
	 2003
	  	8.37%
	 2004
	  	11.01%
	 2005
	  	9.40%
	 2006
	  	9.57%
	 2007
	  	9.36%
	 2008
	  	21.09%
	 20091
	  	16.74%

  

	1	 As of
August 31, 2009. Past Index levels are not necessarily indicative of future Index levels. 

	2	 Volatility, for
these purposes, means the following: 

 Daily Volatility: The relative rate at which the price of the
Index moves up and down, found by calculating the annualized standard deviation of the daily change in price. 
 Monthly
Return Volatility: The relative rate at which the price of the Index moves up and down, found by calculating the annualized standard deviation of the monthly change in price. 
 Average Annual Volatility: The average of yearly volatilities for a given sample period. The yearly volatility is the relative rate at
which the price of the Index moves up and down, found by calculating the annualized standard deviation of the daily change in price for each business day in the given year. 

	3	 As of
January 18, 1989. Past Index levels are not necessarily indicative of future Index levels. 

  

 15 

 AGRICULTURE SECTOR DATA 
 RELATING TO 
 DEUTSCHE BANK LIQUID COMMODITY INDEX DIVERSIFIED AGRICULTURE EXCESS RETURNTM 
 (DBLCI
DIVERSIFIED AGRICULTURE ERTM) 
  

 16 

 CLOSING LEVELS TABLES 
 DEUTSCHE BANK LIQUID COMMODITY INDEX DIVERSIFIED AGRICULTURE EXCESS RETURNTM 
  

												
	 	 	 	CLOSING LEVEL	  	CHANGES	 
	 	 	 	High1	  	Low2	  	Annual Index Changes3	 	 	Index Changes Since
Inception4	 
	1989	5 	 	106.21	  	93.13	  	-3.76	% 	 	-3.76	% 
	1990	  	 	109.76	  	93.55	  	-2.79	% 	 	-6.45	% 
	1991	  	 	98.56	  	87.18	  	-1.67	% 	 	-8.01	% 
	1992	  	 	93.91	  	84.75	  	-4.28	% 	 	-11.95	% 
	1993	  	 	94.15	  	84.61	  	5.93	% 	 	-6.73	% 
	1994	  	 	112.01	  	90.78	  	12.43	% 	 	4.86	% 
	1995	  	 	111.80	  	99.83	  	5.05	% 	 	10.16	% 
	1996	  	 	127.26	  	108.40	  	6.19	% 	 	16.98	% 
	1997	  	 	146.63	  	116.98	  	10.46	% 	 	29.22	% 
	1998	  	 	130.61	  	94.76	  	-25.65	% 	 	-3.92	% 
	1999	  	 	99.66	  	77.22	  	-13.58	% 	 	-16.97	% 
	2000	  	 	85.25	  	75.94	  	-6.33	% 	 	-22.22	% 
	2001	  	 	80.19	  	66.48	  	-11.33	% 	 	-31.04	% 
	2002	  	 	80.12	  	64.94	  	9.63	% 	 	-24.40	% 
	2003	  	 	84.27	  	72.22	  	5.72	% 	 	-20.08	% 
	2004	  	 	92.94	  	79.92	  	7.93	% 	 	-13.74	% 
	2005	  	 	95.26	  	81.72	  	3.68	% 	 	-10.56	% 
	2006	  	 	93.91	  	82.42	  	3.47	% 	 	-7.45	% 
	2007	  	 	102.50	  	88.80	  	10.46	% 	 	2.23	% 
	2008	  	 	123.53	  	71.21	  	-19.22	% 	 	-17.42	% 
	2009	6 	 	87.40	  	72.91	  	-2.59	% 	 	-19.56	% 

 THE FUND WILL TRADE WITH A VIEW TO TRACKING THE 
 DEUTSCHE BANK LIQUID COMMODITY INDEX DIVERSIFIED AGRICULTURE EXCESS RETURNTM OVER TIME. 
 NEITHER THE PAST PERFORMANCE OF THE FUND NOR THE PRIOR INDEX LEVELS AND CHANGES, POSITIVE AND 
 NEGATIVE, SHOULD BE TAKEN AS AN INDICATION OF THE FUND’S FUTURE PERFORMANCE. 
 DEUTSCHE BANK LIQUID COMMODITY INDEX DIVERSIFIED AGRICULTURE TOTAL RETURNTM 
  

												
	 	 	 	CLOSING LEVEL	  	CHANGES	 
	 	 	 	High1	  	Low2	  	Annual Index Changes3	 	 	Index Changes Since
Inception4	 
	1989	5 	 	107.66	  	98.26	  	4.13	% 	 	4.13	% 
	1990	  	 	122.64	  	103.97	  	4.94	% 	 	9.27	% 
	1991	  	 	116.41	  	105.67	  	3.86	% 	 	13.49	% 
	1992	  	 	116.36	  	107.38	  	-0.87	% 	 	12.50	% 
	1993	  	 	123.83	  	108.46	  	9.21	% 	 	22.86	% 
	1994	  	 	150.59	  	120.79	  	17.40	% 	 	44.24	% 
	1995	  	 	161.94	  	140.22	  	11.11	% 	 	60.26	% 
	1996	  	 	189.53	  	158.05	  	11.77	% 	 	79.12	% 
	1997	  	 	229.29	  	179.14	  	16.30	% 	 	108.31	% 
	1998	  	 	211.30	  	160.18	  	-21.94	% 	 	62.61	% 
	1999	  	 	168.89	  	133.88	  	-9.40	% 	 	47.32	% 
	2000	  	 	154.70	  	141.66	  	-0.59	% 	 	46.45	% 
	2001	  	 	152.05	  	129.07	  	-8.20	% 	 	34.44	% 
	2002	  	 	158.33	  	127.33	  	11.44	% 	 	49.82	% 
	2003	  	 	168.63	  	143.96	  	6.81	% 	 	60.02	% 
	2004	  	 	186.83	  	160.03	  	9.43	% 	 	75.12	% 
	2005	  	 	194.37	  	169.54	  	7.04	% 	 	87.45	% 
	2006	  	 	203.52	  	178.87	  	8.57	% 	 	103.52	% 
	2007	  	 	235.57	  	196.35	  	15.48	% 	 	135.02	% 
	2008	  	 	285.15	  	166.00	  	-18.09	% 	 	92.50	% 
	2009	6 	 	198.62	  	177.70	  	-2.19	% 	 	88.29	% 

 THE FUND WILL NOT TRADE WITH A VIEW TO TRACKING THE 
 DEUTSCHE BANK LIQUID COMMODITY INDEX DIVERSIFIED AGRICULTURE TOTAL RETURNTM OVER TIME. 
 NEITHER THE PAST PERFORMANCE OF THE FUND NOR THE PRIOR INDEX LEVELS AND CHANGES, POSITIVE AND 
 NEGATIVE, SHOULD BE TAKEN AS AN INDICATION OF THE FUND’S FUTURE PERFORMANCE. 
 Please refer to notes and legends that follow on page 27. 
  

 17 

 INDEX COMMODITIES WEIGHTS TABLES 
 DEUTSCHE BANK LIQUID COMMODITY INDEX DIVERSIFIED AGRICULTURE EXCESS RETURNTM 
  

																										
	 	 	 	C7	 	 	S7	 	 	W7	 	 	KCW7	 
	 	 	 	High1	 	 	Low2	 	 	High1	 	 	Low2	 	 	High1	 	 	Low2	 	 	High1	 	 	Low2	 
	1989	5 	 	12.0	% 	 	11.7	% 	 	12.1	% 	 	10.7	% 	 	6.1	% 	 	6.3	% 	 	6.3	% 	 	6.5	% 
	1990	  	 	12.8	% 	 	12.7	% 	 	11.7	% 	 	12.6	% 	 	5.0	% 	 	5.9	% 	 	5.1	% 	 	5.9	% 
	1991	  	 	12.8	% 	 	12.9	% 	 	12.4	% 	 	12.1	% 	 	5.9	% 	 	6.2	% 	 	6.0	% 	 	6.5	% 
	1992	  	 	13.1	% 	 	11.3	% 	 	12.9	% 	 	12.7	% 	 	8.2	% 	 	7.1	% 	 	8.0	% 	 	7.0	% 
	1993	  	 	12.7	% 	 	12.8	% 	 	12.4	% 	 	12.9	% 	 	6.3	% 	 	6.3	% 	 	6.4	% 	 	6.3	% 
	1994	  	 	9.0	% 	 	12.3	% 	 	9.4	% 	 	12.4	% 	 	5.3	% 	 	6.3	% 	 	5.5	% 	 	6.4	% 
	1995	  	 	15.3	% 	 	13.7	% 	 	12.8	% 	 	12.5	% 	 	7.2	% 	 	6.3	% 	 	8.0	% 	 	6.8	% 
	1996	  	 	14.1	% 	 	13.1	% 	 	12.8	% 	 	13.6	% 	 	7.4	% 	 	6.2	% 	 	8.3	% 	 	6.4	% 
	1997	  	 	9.2	% 	 	11.8	% 	 	10.2	% 	 	12.3	% 	 	5.0	% 	 	6.3	% 	 	5.5	% 	 	6.2	% 
	1998	  	 	12.5	% 	 	13.1	% 	 	12.0	% 	 	12.9	% 	 	5.9	% 	 	6.1	% 	 	6.0	% 	 	6.5	% 
	1999	  	 	12.5	% 	 	12.9	% 	 	12.2	% 	 	11.7	% 	 	6.0	% 	 	6.0	% 	 	6.2	% 	 	6.3	% 
	2000	  	 	13.2	% 	 	12.5	% 	 	13.6	% 	 	12.5	% 	 	6.0	% 	 	6.2	% 	 	6.0	% 	 	6.2	% 
	2001	  	 	11.8	% 	 	11.7	% 	 	11.4	% 	 	12.2	% 	 	6.2	% 	 	6.2	% 	 	6.0	% 	 	5.5	% 
	2002	  	 	11.1	% 	 	11.7	% 	 	12.7	% 	 	13.2	% 	 	5.9	% 	 	5.8	% 	 	6.3	% 	 	5.9	% 
	2003	  	 	12.4	% 	 	11.7	% 	 	12.9	% 	 	13.8	% 	 	6.3	% 	 	6.6	% 	 	6.3	% 	 	5.8	% 
	2004	  	 	14.6	% 	 	13.1	% 	 	13.9	% 	 	14.0	% 	 	6.0	% 	 	6.6	% 	 	6.1	% 	 	6.5	% 
	2005	  	 	11.3	% 	 	10.9	% 	 	13.2	% 	 	13.6	% 	 	6.2	% 	 	6.2	% 	 	5.8	% 	 	6.1	% 
	2006	  	 	12.0	% 	 	13.4	% 	 	11.6	% 	 	11.4	% 	 	6.2	% 	 	7.1	% 	 	6.5	% 	 	8.2	% 
	2007	  	 	12.7	% 	 	12.1	% 	 	13.5	% 	 	14.7	% 	 	6.8	% 	 	7.4	% 	 	6.9	% 	 	7.1	% 
	2008	  	 	12.3	% 	 	10.9	% 	 	14.0	% 	 	11.5	% 	 	8.1	% 	 	6.1	% 	 	8.3	% 	 	6.1	% 
	2009	6 	 	11.8	% 	 	11.5	% 	 	12.6	% 	 	11.1	% 	 	6.7	% 	 	6.2	% 	 	6.9	% 	 	6.3	% 

 THE FUND WILL TRADE WITH A VIEW TO TRACKING THE 
 DEUTSCHE BANK LIQUID COMMODITY INDEX DIVERSIFIED AGRICULTURE EXCESS RETURNTM OVER TIME. 
 NEITHER THE PAST PERFORMANCE OF THE FUND NOR THE PRIOR INDEX LEVELS AND CHANGES, POSITIVE AND 
 NEGATIVE, SHOULD BE TAKEN AS AN INDICATION OF THE FUND’S FUTURE PERFORMANCE. 
 LEGEND: 
  

							
	 Symbol
	  	 Index Commodity
	  	 Symbol
	  	 Index Commodity

	 C
	  	Corn	  	KC	  	Coffee
	 S
	  	Soybeans	  	CT	  	Cotton
	 W
	  	Wheat	  	LC	  	Live Cattle
	 KCW
	  	Kansas Wheat	  	FC	  	Feeder Cattle
	 SB
	  	Sugar	  	LH	  	Lean Hogs
	 CC
	  	Cocoa	  		  	

 Please refer to notes and legends that follow on page 27. 
  

 18 

 INDEX COMMODITIES WEIGHTS TABLES 
 DEUTSCHE BANK LIQUID COMMODITY INDEX DIVERSIFIED AGRICULTURE EXCESS RETURNTM 
  

																										
	 	 	 	SB7	 	 	CC7	 	 	KC7	 	 	CT7	 
	 	 	 	High1	 	 	Low2	 	 	High1	 	 	Low2	 	 	High1	 	 	Low2	 	 	High1	 	 	Low2	 
	1989	5 	 	14.8	% 	 	17.4	% 	 	12.2	% 	 	10.0	% 	 	10.2	% 	 	7.7	% 	 	2.6	% 	 	3.5	% 
	1990	  	 	11.5	% 	 	12.2	% 	 	14.1	% 	 	10.6	% 	 	11.6	% 	 	11.1	% 	 	2.5	% 	 	3.0	% 
	1991	  	 	11.7	% 	 	12.3	% 	 	10.3	% 	 	8.7	% 	 	11.1	% 	 	9.8	% 	 	3.1	% 	 	3.3	% 
	1992	  	 	11.5	% 	 	15.1	% 	 	9.7	% 	 	7.9	% 	 	9.1	% 	 	7.0	% 	 	2.4	% 	 	2.5	% 
	1993	  	 	12.4	% 	 	11.7	% 	 	12.0	% 	 	9.7	% 	 	11.0	% 	 	10.1	% 	 	2.9	% 	 	3.1	% 
	1994	  	 	11.2	% 	 	12.6	% 	 	11.1	% 	 	10.6	% 	 	27.4	% 	 	11.4	% 	 	2.9	% 	 	3.8	% 
	1995	  	 	12.4	% 	 	11.7	% 	 	9.6	% 	 	10.5	% 	 	6.4	% 	 	9.8	% 	 	4.4	% 	 	4.2	% 
	1996	  	 	13.4	% 	 	13.0	% 	 	9.5	% 	 	10.6	% 	 	10.3	% 	 	9.6	% 	 	2.3	% 	 	2.8	% 
	1997	  	 	10.5	% 	 	12.9	% 	 	9.1	% 	 	11.0	% 	 	27.9	% 	 	11.5	% 	 	2.1	% 	 	2.8	% 
	1998	  	 	11.7	% 	 	12.9	% 	 	10.8	% 	 	11.2	% 	 	13.9	% 	 	12.3	% 	 	2.6	% 	 	2.7	% 
	1999	  	 	13.5	% 	 	10.9	% 	 	10.7	% 	 	8.8	% 	 	12.1	% 	 	11.7	% 	 	2.5	% 	 	2.7	% 
	2000	  	 	13.4	% 	 	12.2	% 	 	9.9	% 	 	10.8	% 	 	9.4	% 	 	10.8	% 	 	3.1	% 	 	2.8	% 
	2001	  	 	13.4	% 	 	12.3	% 	 	14.0	% 	 	16.8	% 	 	9.5	% 	 	5.7	% 	 	2.3	% 	 	1.3	% 
	2002	  	 	11.9	% 	 	10.8	% 	 	19.8	% 	 	15.8	% 	 	10.9	% 	 	11.2	% 	 	2.6	% 	 	2.7	% 
	2003	  	 	12.4	% 	 	13.5	% 	 	13.1	% 	 	10.1	% 	 	11.4	% 	 	9.2	% 	 	2.4	% 	 	3.1	% 
	2004	  	 	12.7	% 	 	12.0	% 	 	9.7	% 	 	12.1	% 	 	12.2	% 	 	11.8	% 	 	1.7	% 	 	2.7	% 
	2005	  	 	12.0	% 	 	15.6	% 	 	9.8	% 	 	8.0	% 	 	15.8	% 	 	10.7	% 	 	2.9	% 	 	2.9	% 
	2006	  	 	18.8	% 	 	12.4	% 	 	10.8	% 	 	11.5	% 	 	10.6	% 	 	9.7	% 	 	2.6	% 	 	2.3	% 
	2007	  	 	12.8	% 	 	8.9	% 	 	10.9	% 	 	12.2	% 	 	10.9	% 	 	9.8	% 	 	2.5	% 	 	2.6	% 
	2008	  	 	13.8	% 	 	12.7	% 	 	11.8	% 	 	13.5	% 	 	11.0	% 	 	10.9	% 	 	2.4	% 	 	2.9	% 
	2009	6 	 	14.4	% 	 	14.2	% 	 	13.5	% 	 	13.6	% 	 	11.8	% 	 	10.7	% 	 	3.2	% 	 	2.8	% 

 THE FUND WILL TRADE WITH A VIEW TO TRACKING THE 
 DEUTSCHE BANK LIQUID COMMODITY INDEX DIVERSIFIED AGRICULTURE EXCESS RETURNTM OVER TIME. 
 NEITHER THE PAST PERFORMANCE OF THE FUND NOR THE PRIOR INDEX LEVELS AND CHANGES, POSITIVE AND 
 NEGATIVE, SHOULD BE TAKEN AS AN INDICATION OF THE FUND’S FUTURE PERFORMANCE. 
 LEGEND: 
  

							
	 Symbol
	  	 Index Commodity
	  	 Symbol
	  	 Index Commodity

	 C
	  	Corn	  	KC	  	Coffee
	 S
	  	Soybeans	  	CT	  	Cotton
	 W
	  	Wheat	  	LC	  	Live Cattle
	 KCW
	  	Kansas Wheat	  	FC	  	Feeder Cattle
	 SB
	  	Sugar	  	LH	  	Lean Hogs
	 CC
	  	Cocoa	  		  	

 Please refer to notes and legends that follow on page 27. 
  

 19 

 INDEX COMMODITIES WEIGHTS TABLES 
 DEUTSCHE BANK LIQUID COMMODITY INDEX DIVERSIFIED AGRICULTURE EXCESS RETURNTM 
  

																				
	 	 	 	LC7	 	 	FC7	 	 	LH7	 
	 	 	 	High1	 	 	Low2	 	 	High1	 	 	Low2	 	 	High1	 	 	Low2	 
	1989	5 	 	11.9	% 	 	13.4	% 	 	3.8	% 	 	4.4	% 	 	7.8	% 	 	8.3	% 
	1990	  	 	12.1	% 	 	13.3	% 	 	3.8	% 	 	4.4	% 	 	9.7	% 	 	8.3	% 
	1991	  	 	13.4	% 	 	14.0	% 	 	4.4	% 	 	4.9	% 	 	9.0	% 	 	9.4	% 
	1992	  	 	12.7	% 	 	14.6	% 	 	4.1	% 	 	5.1	% 	 	8.3	% 	 	9.7	% 
	1993	  	 	12.0	% 	 	14.2	% 	 	4.0	% 	 	4.5	% 	 	7.8	% 	 	8.5	% 
	1994	  	 	9.3	% 	 	12.2	% 	 	3.3	% 	 	4.2	% 	 	5.4	% 	 	7.9	% 
	1995	  	 	12.2	% 	 	12.3	% 	 	3.5	% 	 	3.9	% 	 	8.2	% 	 	8.2	% 
	1996	  	 	9.8	% 	 	12.5	% 	 	3.1	% 	 	4.0	% 	 	9.0	% 	 	8.3	% 
	1997	  	 	10.5	% 	 	12.6	% 	 	3.6	% 	 	4.2	% 	 	6.4	% 	 	8.5	% 
	1998	  	 	12.3	% 	 	12.1	% 	 	4.2	% 	 	4.1	% 	 	8.3	% 	 	6.0	% 
	1999	  	 	12.3	% 	 	15.8	% 	 	4.3	% 	 	5.6	% 	 	7.7	% 	 	7.5	% 
	2000	  	 	12.1	% 	 	12.9	% 	 	4.0	% 	 	4.3	% 	 	9.3	% 	 	8.8	% 
	2001	  	 	12.7	% 	 	13.3	% 	 	4.1	% 	 	4.6	% 	 	8.5	% 	 	10.4	% 
	2002	  	 	10.5	% 	 	12.2	% 	 	3.4	% 	 	3.9	% 	 	4.9	% 	 	6.7	% 
	2003	  	 	11.7	% 	 	14.3	% 	 	4.0	% 	 	4.4	% 	 	7.1	% 	 	7.6	% 
	2004	  	 	11.0	% 	 	10.0	% 	 	4.0	% 	 	3.6	% 	 	8.0	% 	 	7.7	% 
	2005	  	 	11.7	% 	 	13.0	% 	 	4.0	% 	 	5.0	% 	 	7.4	% 	 	8.1	% 
	2006	  	 	10.9	% 	 	12.3	% 	 	3.6	% 	 	4.1	% 	 	6.5	% 	 	7.5	% 
	2007	  	 	11.4	% 	 	13.0	% 	 	3.8	% 	 	4.9	% 	 	7.9	% 	 	7.3	% 
	2008	  	 	9.1	% 	 	12.0	% 	 	3.1	% 	 	4.0	% 	 	6.1	% 	 	9.5	% 
	2009	6 	 	9.6	% 	 	11.7	% 	 	3.7	% 	 	4.2	% 	 	5.8	% 	 	7.9	% 

 THE FUND WILL TRADE WITH A VIEW TO TRACKING THE 
 DEUTSCHE BANK LIQUID COMMODITY INDEX DIVERSIFIED AGRICULTURE EXCESS RETURNTM OVER TIME. 
 NEITHER THE PAST PERFORMANCE OF THE FUND NOR THE PRIOR INDEX LEVELS AND CHANGES, POSITIVE AND 
 NEGATIVE, SHOULD BE TAKEN AS AN INDICATION OF THE FUND’S FUTURE PERFORMANCE. 
 LEGEND: 
  

							
	 Symbol
	  	 Index Commodity
	  	 Symbol
	  	 Index Commodity

	 C
	  	Corn	  	KC	  	Coffee
	 S
	  	Soybeans	  	CT	  	Cotton
	 W
	  	Wheat	  	LC	  	Live Cattle
	 KCW
	  	Kansas Wheat	  	FC	  	Feeder Cattle
	 SB
	  	Sugar	  	LH	  	Lean Hogs
	 CC
	  	Cocoa	  		  	

 Please refer to notes and legends that follow on page 27. 
  

 20 

 INDEX COMMODITIES WEIGHTS TABLES 
 DEUTSCHE BANK LIQUID COMMODITY INDEX DIVERSIFIED AGRICULTURE TOTAL RETURNTM 
  

																										
	 	 	 	C7	 	 	S7	 	 	W7	 	 	KCW7	 
	 	 	 	High1	 	 	Low2	 	 	High1	 	 	Low2	 	 	High1	 	 	Low2	 	 	High1	 	 	Low2	 
	1989	5 	 	12.0	% 	 	11.7	% 	 	12.1	% 	 	10.7	% 	 	6.1	% 	 	6.3	% 	 	6.3	% 	 	6.5	% 
	1990	  	 	12.8	% 	 	13.0	% 	 	11.7	% 	 	13.0	% 	 	5.0	% 	 	6.3	% 	 	5.1	% 	 	6.5	% 
	1991	  	 	12.8	% 	 	12.9	% 	 	12.4	% 	 	12.1	% 	 	5.9	% 	 	6.2	% 	 	6.0	% 	 	6.5	% 
	1992	  	 	13.1	% 	 	11.3	% 	 	12.9	% 	 	12.7	% 	 	8.2	% 	 	7.1	% 	 	8.0	% 	 	7.0	% 
	1993	  	 	12.7	% 	 	12.8	% 	 	12.4	% 	 	12.9	% 	 	6.3	% 	 	6.3	% 	 	6.4	% 	 	6.3	% 
	1994	  	 	9.0	% 	 	12.3	% 	 	9.4	% 	 	12.4	% 	 	5.3	% 	 	6.3	% 	 	5.5	% 	 	6.4	% 
	1995	  	 	12.8	% 	 	13.7	% 	 	13.1	% 	 	12.5	% 	 	6.2	% 	 	6.3	% 	 	6.3	% 	 	6.8	% 
	1996	  	 	15.0	% 	 	13.1	% 	 	13.3	% 	 	13.6	% 	 	6.1	% 	 	6.2	% 	 	7.2	% 	 	6.4	% 
	1997	  	 	9.2	% 	 	11.8	% 	 	10.2	% 	 	12.3	% 	 	5.0	% 	 	6.3	% 	 	5.5	% 	 	6.2	% 
	1998	  	 	12.5	% 	 	13.1	% 	 	12.0	% 	 	12.9	% 	 	5.9	% 	 	6.1	% 	 	6.0	% 	 	6.5	% 
	1999	  	 	12.5	% 	 	12.9	% 	 	12.2	% 	 	11.7	% 	 	6.0	% 	 	6.0	% 	 	6.2	% 	 	6.3	% 
	2000	  	 	13.2	% 	 	13.5	% 	 	13.6	% 	 	13.6	% 	 	6.0	% 	 	6.2	% 	 	6.0	% 	 	6.2	% 
	2001	  	 	11.8	% 	 	11.7	% 	 	11.0	% 	 	12.2	% 	 	6.0	% 	 	6.2	% 	 	5.8	% 	 	5.5	% 
	2002	  	 	11.1	% 	 	11.7	% 	 	12.7	% 	 	13.2	% 	 	5.9	% 	 	5.8	% 	 	6.3	% 	 	5.9	% 
	2003	  	 	12.4	% 	 	11.7	% 	 	12.9	% 	 	13.8	% 	 	6.3	% 	 	6.6	% 	 	6.3	% 	 	5.8	% 
	2004	  	 	14.6	% 	 	13.1	% 	 	13.9	% 	 	14.0	% 	 	6.0	% 	 	6.6	% 	 	6.1	% 	 	6.5	% 
	2005	  	 	11.3	% 	 	10.9	% 	 	13.2	% 	 	13.6	% 	 	6.2	% 	 	6.2	% 	 	5.8	% 	 	6.1	% 
	2006	  	 	12.8	% 	 	13.4	% 	 	12.8	% 	 	11.4	% 	 	6.3	% 	 	7.1	% 	 	6.3	% 	 	8.2	% 
	2007	  	 	12.7	% 	 	12.7	% 	 	13.5	% 	 	12.9	% 	 	6.8	% 	 	6.2	% 	 	6.9	% 	 	6.2	% 
	2008	  	 	12.3	% 	 	10.9	% 	 	14.0	% 	 	11.5	% 	 	8.1	% 	 	6.1	% 	 	8.3	% 	 	6.1	% 
	2009	6 	 	11.8	% 	 	11.5	% 	 	12.6	% 	 	12.0	% 	 	6.7	% 	 	5.9	% 	 	6.9	% 	 	6.2	% 

 THE FUND WILL NOT TRADE WITH A VIEW TO TRACKING THE 
 DEUTSCHE BANK LIQUID COMMODITY INDEX DIVERSIFIED AGRICULTURE TOTAL RETURNTM OVER TIME. 
 NEITHER THE PAST PERFORMANCE OF THE FUND NOR THE PRIOR INDEX LEVELS AND CHANGES, POSITIVE AND 
 NEGATIVE, SHOULD BE TAKEN AS AN INDICATION OF THE FUND’S FUTURE PERFORMANCE. 
 LEGEND: 
  

							
	 Symbol
	  	 Index Commodity
	  	 Symbol
	  	 Index Commodity

	 C
	  	Corn	  	KC	  	Coffee
	 S
	  	Soybeans	  	CT	  	Cotton
	 W
	  	Wheat	  	LC	  	Live Cattle
	 KCW
	  	Kansas Wheat	  	FC	  	Feeder Cattle
	 SB
	  	Sugar	  	LH	  	Lean Hogs
	 CC
	  	Cocoa	  		  	

 Please refer to notes and legends that follow on page 27. 
  

 21 

 INDEX COMMODITIES WEIGHTS TABLES 
 DEUTSCHE BANK LIQUID COMMODITY INDEX DIVERSIFIED AGRICULTURE TOTAL RETURNTM 
  

																										
	 	 	 	SB7	 	 	CC7	 	 	KC7	 	 	CT7	 
	 	 	 	High1	 	 	Low2	 	 	High1	 	 	Low2	 	 	High1	 	 	Low2	 	 	High1	 	 	Low2	 
	1989	5 	 	14.8	% 	 	17.4	% 	 	12.2	% 	 	10.0	% 	 	10.2	% 	 	7.7	% 	 	2.6	% 	 	3.5	% 
	1990	  	 	11.5	% 	 	11.1	% 	 	14.1	% 	 	10.4	% 	 	11.6	% 	 	11.4	% 	 	2.5	% 	 	2.5	% 
	1991	  	 	11.7	% 	 	12.3	% 	 	10.3	% 	 	8.7	% 	 	11.1	% 	 	9.8	% 	 	3.1	% 	 	3.3	% 
	1992	  	 	11.5	% 	 	15.1	% 	 	9.7	% 	 	7.9	% 	 	9.1	% 	 	7.0	% 	 	2.4	% 	 	2.5	% 
	1993	  	 	12.4	% 	 	11.7	% 	 	12.0	% 	 	9.7	% 	 	11.0	% 	 	10.1	% 	 	2.9	% 	 	3.1	% 
	1994	  	 	11.2	% 	 	12.6	% 	 	11.1	% 	 	10.6	% 	 	27.4	% 	 	11.4	% 	 	2.9	% 	 	3.8	% 
	1995	  	 	13.3	% 	 	11.7	% 	 	10.4	% 	 	10.5	% 	 	9.5	% 	 	9.8	% 	 	2.8	% 	 	4.2	% 
	1996	  	 	14.8	% 	 	13.0	% 	 	9.3	% 	 	10.6	% 	 	9.1	% 	 	9.6	% 	 	2.2	% 	 	2.8	% 
	1997	  	 	10.5	% 	 	12.9	% 	 	9.1	% 	 	11.0	% 	 	27.9	% 	 	11.5	% 	 	2.1	% 	 	2.8	% 
	1998	  	 	11.7	% 	 	12.9	% 	 	10.8	% 	 	11.2	% 	 	13.9	% 	 	12.3	% 	 	2.6	% 	 	2.7	% 
	1999	  	 	13.5	% 	 	10.9	% 	 	10.7	% 	 	8.8	% 	 	12.1	% 	 	11.7	% 	 	2.5	% 	 	2.7	% 
	2000	  	 	13.4	% 	 	10.2	% 	 	9.9	% 	 	10.1	% 	 	9.4	% 	 	10.0	% 	 	3.1	% 	 	3.2	% 
	2001	  	 	12.8	% 	 	12.3	% 	 	15.7	% 	 	16.8	% 	 	8.4	% 	 	5.7	% 	 	2.2	% 	 	1.3	% 
	2002	  	 	11.9	% 	 	10.8	% 	 	19.8	% 	 	15.8	% 	 	10.9	% 	 	11.2	% 	 	2.6	% 	 	2.7	% 
	2003	  	 	12.4	% 	 	13.5	% 	 	13.1	% 	 	10.1	% 	 	11.4	% 	 	9.2	% 	 	2.4	% 	 	3.1	% 
	2004	  	 	12.7	% 	 	12.0	% 	 	9.7	% 	 	12.1	% 	 	12.2	% 	 	11.8	% 	 	1.7	% 	 	2.7	% 
	2005	  	 	12.0	% 	 	15.6	% 	 	9.8	% 	 	8.0	% 	 	15.8	% 	 	10.7	% 	 	2.9	% 	 	2.9	% 
	2006	  	 	11.6	% 	 	12.4	% 	 	11.4	% 	 	11.5	% 	 	11.5	% 	 	9.7	% 	 	2.9	% 	 	2.3	% 
	2007	  	 	12.8	% 	 	11.7	% 	 	10.9	% 	 	11.5	% 	 	10.9	% 	 	11.2	% 	 	2.5	% 	 	2.9	% 
	2008	  	 	13.8	% 	 	12.7	% 	 	11.8	% 	 	13.5	% 	 	11.0	% 	 	10.9	% 	 	2.4	% 	 	2.9	% 
	2009	6 	 	14.4	% 	 	13.8	% 	 	13.5	% 	 	13.9	% 	 	11.8	% 	 	10.7	% 	 	3.2	% 	 	3.0	% 

 THE FUND WILL NOT TRADE WITH A VIEW TO TRACKING THE 
 DEUTSCHE BANK LIQUID COMMODITY INDEX DIVERSIFIED AGRICULTURE TOTAL RETURNTM OVER TIME. 
 NEITHER THE PAST PERFORMANCE OF THE FUND NOR THE PRIOR INDEX LEVELS AND CHANGES, POSITIVE AND 
 NEGATIVE, SHOULD BE TAKEN AS AN INDICATION OF THE FUND’S FUTURE PERFORMANCE. 
 LEGEND: 
  

							
	 Symbol
	  	 Index Commodity
	  	 Symbol
	  	 Index Commodity

	 C
	  	Corn	  	KC	  	Coffee
	 S
	  	Soybeans	  	CT	  	Cotton
	 W
	  	Wheat	  	LC	  	Live Cattle
	 KCW
	  	Kansas Wheat	  	FC	  	Feeder Cattle
	 SB
	  	Sugar	  	LH	  	Lean Hogs
	 CC
	  	Cocoa	  		  	

 Please refer to notes and legends that follow on page 27. 
  

 22 

 INDEX COMMODITIES WEIGHTS TABLES 
 DEUTSCHE BANK LIQUID COMMODITY INDEX DIVERSIFIED AGRICULTURE TOTAL RETURNTM 
  

																				
	 	 	 	LC7	 	 	FC7	 	 	LH7	 
	 	 	 	High1	 	 	Low2	 	 	High1	 	 	Low2	 	 	High1	 	 	Low2	 
	1989	5 	 	11.9	% 	 	13.4	% 	 	3.8	% 	 	4.4	% 	 	7.8	% 	 	8.3	% 
	1990	  	 	12.1	% 	 	13.1	% 	 	3.8	% 	 	4.3	% 	 	9.7	% 	 	8.6	% 
	1991	  	 	13.4	% 	 	14.0	% 	 	4.4	% 	 	4.9	% 	 	9.0	% 	 	9.4	% 
	1992	  	 	12.7	% 	 	14.6	% 	 	4.1	% 	 	5.1	% 	 	8.3	% 	 	9.7	% 
	1993	  	 	12.0	% 	 	14.2	% 	 	4.0	% 	 	4.5	% 	 	7.8	% 	 	8.5	% 
	1994	  	 	9.3	% 	 	12.2	% 	 	3.3	% 	 	4.2	% 	 	5.4	% 	 	7.9	% 
	1995	  	 	12.5	% 	 	12.3	% 	 	4.1	% 	 	3.9	% 	 	8.9	% 	 	8.2	% 
	1996	  	 	10.7	% 	 	12.5	% 	 	3.4	% 	 	4.0	% 	 	9.0	% 	 	8.3	% 
	1997	  	 	10.5	% 	 	12.6	% 	 	3.6	% 	 	4.2	% 	 	6.4	% 	 	8.5	% 
	1998	  	 	12.3	% 	 	12.1	% 	 	4.2	% 	 	4.1	% 	 	8.3	% 	 	6.0	% 
	1999	  	 	12.3	% 	 	15.8	% 	 	4.3	% 	 	5.6	% 	 	7.7	% 	 	7.5	% 
	2000	  	 	12.1	% 	 	13.1	% 	 	4.0	% 	 	4.4	% 	 	9.3	% 	 	9.5	% 
	2001	  	 	13.1	% 	 	13.3	% 	 	4.1	% 	 	4.6	% 	 	9.3	% 	 	10.4	% 
	2002	  	 	10.5	% 	 	12.2	% 	 	3.4	% 	 	3.9	% 	 	4.9	% 	 	6.7	% 
	2003	  	 	11.7	% 	 	14.3	% 	 	4.0	% 	 	4.4	% 	 	7.1	% 	 	7.6	% 
	2004	  	 	11.0	% 	 	10.0	% 	 	4.0	% 	 	3.6	% 	 	8.0	% 	 	7.7	% 
	2005	  	 	11.7	% 	 	13.0	% 	 	4.0	% 	 	5.0	% 	 	7.4	% 	 	8.1	% 
	2006	  	 	12.7	% 	 	12.3	% 	 	4.3	% 	 	4.1	% 	 	7.4	% 	 	7.5	% 
	2007	  	 	11.4	% 	 	13.2	% 	 	3.8	% 	 	4.4	% 	 	7.9	% 	 	7.3	% 
	2008	  	 	9.1	% 	 	12.0	% 	 	3.1	% 	 	4.0	% 	 	6.1	% 	 	9.5	% 
	2009	6 	 	9.6	% 	 	11.1	% 	 	3.7	% 	 	4.2	% 	 	5.8	% 	 	7.6	% 

 THE FUND WILL NOT TRADE WITH A VIEW TO TRACKING THE 
 DEUTSCHE BANK LIQUID COMMODITY INDEX DIVERSIFIED AGRICULTURE TOTAL RETURNTM OVER TIME. 
 NEITHER THE PAST PERFORMANCE OF THE FUND NOR THE PRIOR INDEX LEVELS AND CHANGES, POSITIVE AND 
 NEGATIVE, SHOULD BE TAKEN AS AN INDICATION OF THE FUND’S FUTURE PERFORMANCE. 
 LEGEND: 
  

							
	 Symbol
	  	 Index Commodity
	  	 Symbol
	  	 Index Commodity

	 C
	  	Corn	  	KC	  	Coffee
	 S
	  	Soybeans	  	CT	  	Cotton
	 W
	  	Wheat	  	LC	  	Live Cattle
	 KCW
	  	Kansas Wheat	  	FC	  	Feeder Cattle
	 SB
	  	Sugar	  	LH	  	Lean Hogs
	 CC
	  	Cocoa	  		  	

 Please refer to notes and legends that follow on page 27. 
  

 23 

 All statistics based on data from January 18, 1989 to August 31, 2009. 
  

										
	 VARIOUS STATISTICAL MEASURES
	  	DBLCI Diversified
Agriculture ERTM8	 	 	DBLCI Diversified
Agriculture TRTM9	 	 	Goldman Sachs
US Agriculture Total
Return10	 
	 Annualized Changes to Index Level11
	  	-1.0	% 	 	3.1	% 	 	-1.8	% 
	 Average rolling 3 month daily volatility12
	  	9.6	% 	 	9.4	% 	 	13.1	% 
	 Sharpe Ratio13
	  	-0.53	  	 	-0.10	  	 	-0.44	  
	 % of months with positive change14
	  	47	% 	 	52	% 	 	48	% 
	 Average monthly positive change15
	  	2.7	% 	 	2.7	% 	 	3.8	% 
	 Average monthly negative change16
	  	-2.5	% 	 	-2.4	% 	 	-3.5	% 
				
	 ANNUALIZED INDEX LEVELS17
	  	DBLCI Diversified
Agriculture ERTM8	 	 	DBLCI Diversified
Agriculture TRTM9	 	 	Goldman Sachs
US Agriculture Total
Return10	 
	 1 year
	  	-24.8	% 	 	-24.3	% 	 	-31.5	% 
	 3 year
	  	-2.1	% 	 	0.5	% 	 	0.9	% 
	 5 year
	  	-1.3	% 	 	1.7	% 	 	-1.6	% 
	 7 year
	  	1.2	% 	 	3.7	% 	 	-2.8	% 
	 10 year
	  	-0.4	% 	 	2.6	% 	 	-3.8	% 
	 15 year
	  	-1.9	% 	 	1.8	% 	 	-3.2	% 

 NEITHER THE PAST PERFORMANCE OF THE FUND NOR THE PRIOR INDEX LEVELS AND CHANGES, POSITIVE AND
NEGATIVE, SHOULD BE TAKEN AS AN INDICATION OF THE FUND’S FUTURE PERFORMANCE. 
 WHILE THE FUND’S OBJECTIVE IS NOT TO GENERATE PROFIT
THROUGH ACTIVE PORTFOLIO MANAGEMENT, BUT IS TO TRACK THE INDEX, BECAUSE THE INDEX WAS ESTABLISHED IN SEPTEMBER 2009, CERTAIN INFORMATION RELATING TO INDEX CLOSING LEVELS MAY BE CONSIDERED TO BE “HYPOTHETICAL.” HYPOTHETICAL INFORMATION MAY
HAVE CERTAIN INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. 
 NO REPRESENTATION IS BEING MADE THAT THE INDEX WILL OR IS LIKELY TO
ACHIEVE ANNUAL OR CUMULATIVE CLOSING LEVELS CONSISTENT WITH OR SIMILAR TO THOSE SET FORTH HEREIN. SIMILARLY, NO REPRESENTATION IS BEING MADE THAT THE FUND WILL GENERATE PROFITS OR LOSSES SIMILAR TO THE FUND’S PAST PERFORMANCE, WHEN AVAILABLE,
OR THE HISTORICAL ANNUAL OR CUMULATIVE CHANGES IN THE INDEX CLOSING LEVELS. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY INVESTMENT METHODOLOGIES, WHETHER ACTIVE OR
PASSIVE. 
 ONE OF THE LIMITATIONS OF HYPOTHETICAL INFORMATION IS THAT IT IS GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. TO THE EXTENT
THAT INFORMATION PRESENTED HEREIN RELATES TO THE PERIOD JANUARY 1989 THROUGH SEPTEMBER 2009, THE INDEX CLOSING LEVELS REFLECT THE APPLICATION OF THE INDEX’S METHODOLOGY, AND SELECTION OF INDEX COMMODITIES, IN HINDSIGHT. 
 NO HYPOTHETICAL RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THERE ARE NUMEROUS FACTORS, INCLUDING THOSE
DESCRIBED IN THE FUND’S PROSPECTUS WITHIN THE CURRENTLY EFFECTIVE REGISTRATION STATEMENT UNDER “RISK FACTORS”, RELATED TO THE COMMODITIES MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF THE FUND’S EFFORTS TO TRACK ITS INDEX OVER
TIME WHICH CANNOT BE, AND HAVE NOT BEEN, ACCOUNTED FOR IN THE PREPARATION OF SUCH INDEX INFORMATION SET FORTH ON THE FOLLOWING PAGES, ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL PERFORMANCE RESULTS FOR THE FUND. FURTHERMORE, THE INDEX INFORMATION DOES
NOT INVOLVE FINANCIAL RISK OR ACCOUNT FOR THE IMPACT OF FEES AND COSTS ASSOCIATED WITH THE FUND. 
 THE MANAGING OWNER COMMENCED OPERATIONS IN
JANUARY 2006. AS MANAGING OWNER, THE MANAGING OWNER AND ITS TRADING PRINCIPALS HAVE BEEN MANAGING THE DAY-TO-DAY OPERATIONS FOR THE FUND AND MANAGING FUTURES TRADING ACCOUNTS. BECAUSE THERE ARE LIMITED ACTUAL TRADING RESULTS TO COMPARE TO THE INDEX
CLOSING LEVELS SET FORTH HEREIN, PROSPECTIVE INVESTORS SHOULD BE PARTICULARLY WARY OF PLACING UNDUE RELIANCE ON THE ANNUAL OR CUMULATIVE INDEX RESULTS. 
 Please refer to notes and legends that follow on page 27. 
  

 24 

 DBLCI DIVERSIFIED AGRICULTURE ER, DBLCI DIVERSIFIED BROAD AGRICULTURE TR AND GOLDMAN
SACHS US AGRICULTURE TOTAL RETURN INDEX 
 

 
 NEITHER THE PAST PERFORMANCE OF THE FUND NOR THE PRIOR INDEX LEVELS AND CHANGES, POSITIVE AND NEGATIVE, SHOULD BE
TAKEN AS AN INDICATION OF THE FUND’S FUTURE PERFORMANCE. 
 Each of DBLCI Diversified Agriculture ER, DBLCI Diversified Agriculture TR and
Goldman Sachs US Agriculture Total Return Index are indices and do not reflect actual trading. DBLCI Diversified Agriculture TR and Goldman Sachs US Agriculture Total Return Index are calculated on a total return basis and do not reflect any fees or
expenses. 
 WHILE THE FUND’S OBJECTIVE IS NOT TO GENERATE PROFIT THROUGH ACTIVE PORTFOLIO MANAGEMENT, BUT IS TO TRACK THE INDEX, BECAUSE
THE INDEX WAS ESTABLISHED IN SEPTEMBER 2009, CERTAIN INFORMATION RELATING TO INDEX CLOSING LEVELS MAY BE CONSIDERED TO BE “HYPOTHETICAL.” HYPOTHETICAL INFORMATION MAY HAVE CERTAIN INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW.

 NO REPRESENTATION IS BEING MADE THAT THE INDEX WILL OR IS LIKELY TO ACHIEVE ANNUAL OR CUMULATIVE CLOSING LEVELS CONSISTENT WITH OR SIMILAR TO
THOSE SET FORTH HEREIN. SIMILARLY, NO REPRESENTATION IS BEING MADE THAT THE FUND WILL GENERATE PROFITS OR LOSSES SIMILAR TO THE FUND’S PAST PERFORMANCE, WHEN AVAILABLE, OR THE HISTORICAL ANNUAL OR CUMULATIVE CHANGES IN THE INDEX CLOSING LEVELS.
IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY INVESTMENT METHODOLOGIES, WHETHER ACTIVE OR PASSIVE. 
 ONE OF THE LIMITATIONS OF HYPOTHETICAL INFORMATION IS THAT IT IS GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. TO THE EXTENT THAT INFORMATION PRESENTED HEREIN RELATES TO THE PERIOD JANUARY 1989
THROUGH SEPTEMBER 2009, THE INDEX CLOSING LEVELS REFLECT THE APPLICATION OF THE INDEX’S METHODOLOGY, AND SELECTION OF INDEX COMMODITIES, IN HINDSIGHT. 
 NO HYPOTHETICAL RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THERE ARE NUMEROUS FACTORS, INCLUDING THOSE DESCRIBED IN THE FUND’S PROSPECTUS WITHIN
THE CURRENTLY EFFECTIVE REGISTRATION STATEMENT UNDER “RISK FACTORS”, RELATED TO THE COMMODITIES MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF THE FUND’S EFFORTS TO TRACK ITS INDEX OVER TIME WHICH CANNOT BE, AND HAVE NOT BEEN,
ACCOUNTED FOR IN THE PREPARATION OF SUCH INDEX INFORMATION SET FORTH ON THE FOLLOWING PAGES, ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL PERFORMANCE RESULTS FOR THE FUND. FURTHERMORE, THE INDEX INFORMATION DOES NOT INVOLVE FINANCIAL RISK OR ACCOUNT FOR
THE IMPACT OF FEES AND COSTS ASSOCIATED WITH THE FUND. 
 THE MANAGING OWNER COMMENCED OPERATIONS IN JANUARY 2006. AS MANAGING OWNER, THE
MANAGING OWNER AND ITS TRADING PRINCIPALS HAVE BEEN MANAGING THE DAY-TO-DAY OPERATIONS FOR THE FUND AND MANAGING FUTURES TRADING ACCOUNTS. BECAUSE THERE ARE LIMITED ACTUAL TRADING RESULTS TO COMPARE TO THE INDEX CLOSING LEVELS SET FORTH HEREIN,
PROSPECTIVE INVESTORS SHOULD BE PARTICULARLY WARY OF PLACING UNDUE RELIANCE ON THE ANNUAL OR CUMULATIVE INDEX RESULTS. 
 Please
refer to notes and legends that follow on page 27. 
  

 25 

 COMPARISON OF DBLCI DIVERSIFIED AGRICULTURE TR AND GOLDMAN SACHS US AGRICULTURE TOTAL
RETURN INDEX 
 

 
 NEITHER THE PAST PERFORMANCE OF THE FUND NOR THE PRIOR INDEX LEVELS AND CHANGES, POSITIVE AND NEGATIVE, SHOULD BE
TAKEN AS AN INDICATION OF THE FUND’S FUTURE PERFORMANCE. 
 DBLCI Diversified Agriculture TR and Goldman Sachs US Agriculture Total Return
Index are indices and do not reflect actual trading. DBLCI Diversified Agriculture TR and Goldman Sachs US Agriculture Total Return Index are calculated on a total return basis and do not reflect any fees or expenses. 
 WHILE THE FUND’S OBJECTIVE IS NOT TO GENERATE PROFIT THROUGH ACTIVE PORTFOLIO MANAGEMENT, BUT IS TO TRACK THE INDEX, BECAUSE THE INDEX WAS ESTABLISHED
IN SEPTEMBER 2006, CERTAIN INFORMATION RELATING TO INDEX CLOSING LEVELS MAY BE CONSIDERED TO BE “HYPOTHETICAL.” HYPOTHETICAL INFORMATION MAY HAVE CERTAIN INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. 
 NO REPRESENTATION IS BEING MADE THAT THE INDEX WILL OR IS LIKELY TO ACHIEVE ANNUAL OR CUMULATIVE CLOSING LEVELS CONSISTENT WITH OR SIMILAR TO THOSE SET
FORTH HEREIN. SIMILARLY, NO REPRESENTATION IS BEING MADE THAT THE FUND WILL GENERATE PROFITS OR LOSSES SIMILAR TO THE FUND’S PAST PERFORMANCE, WHEN AVAILABLE, OR THE HISTORICAL ANNUAL OR CUMULATIVE CHANGES IN THE INDEX CLOSING LEVELS. IN FACT,
THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY INVESTMENT METHODOLOGIES, WHETHER ACTIVE OR PASSIVE. 
 ONE OF THE LIMITATIONS OF HYPOTHETICAL INFORMATION IS THAT IT IS GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. TO THE EXTENT THAT INFORMATION PRESENTED HEREIN RELATES TO THE PERIOD JANUARY 1989
THROUGH SEPTEMBER 2009, THE INDEX CLOSING LEVELS REFLECT THE APPLICATION OF THE INDEX’S METHODOLOGY, AND SELECTION OF INDEX COMMODITIES, IN HINDSIGHT. 
 NO HYPOTHETICAL RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THERE ARE NUMEROUS FACTORS, INCLUDING THOSE DESCRIBED IN THE FUND’S PROSPECTUS WITHIN
THE CURRENTLY EFFECTIVE REGISTRATION STATEMENT UNDER “RISK FACTORS”, RELATED TO THE COMMODITIES MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF THE FUND’S EFFORTS TO TRACK ITS INDEX OVER TIME WHICH CANNOT BE, AND HAVE NOT BEEN,
ACCOUNTED FOR IN THE PREPARATION OF SUCH INDEX INFORMATION SET FORTH ON THE FOLLOWING PAGES, ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL PERFORMANCE RESULTS FOR THE FUND. FURTHERMORE, THE INDEX INFORMATION DOES NOT INVOLVE FINANCIAL RISK OR ACCOUNT FOR
THE IMPACT OF FEES AND COSTS ASSOCIATED WITH THE FUND. 
 THE MANAGING OWNER COMMENCED OPERATIONS IN JANUARY 2006. AS MANAGING OWNER, THE
MANAGING OWNER AND ITS TRADING PRINCIPALS HAVE BEEN MANAGING THE DAY-TO-DAY OPERATIONS FOR THE FUND AND MANAGING FUTURES TRADING ACCOUNTS. BECAUSE THERE ARE LIMITED ACTUAL TRADING RESULTS TO COMPARE TO THE INDEX CLOSING LEVELS SET FORTH HEREIN,
PROSPECTIVE INVESTORS SHOULD BE PARTICULARLY WARY OF PLACING UNDUE RELIANCE ON THE ANNUAL OR CUMULATIVE INDEX RESULTS. 
 Please
refer to notes and legends that follow on page 27. 
  

 26 

 NOTES AND LEGENDS: 
  

	1.	“High” reflects the highest closing level of the Index during the applicable year. 

	2.	“Low” reflects the lowest closing level of the Index during the applicable year. 

	3.	“Annual Index Changes” reflect the change to the Index level on an annual basis as of December 31 of each applicable year. 

	4.	“Index Changes Since Inception” reflects the change of the Index level since inception on a compounded annual basis as of December 31 of each applicable
year. 

	5.	Closing levels as of inception on January 18, 1989. 

	6.	Closing levels as of August 31, 2009. 

	7.	The Deutsche Bank Liquid Commodity Index Diversified Agriculture Excess ReturnTM and Deutsche Bank Liquid Commodity Index Diversified Agriculture Total ReturnTM
reflect the change in market value of C (Corn), S (Soybeans), W (Wheat), KW (Kansas Wheat), SB (Sugar) and CT (Cotton), on an optimum yield basis, and CC (Cocoa), KC (Coffee), LC (Live Cattle), FC (Feeder Cattle), and LH (Lean Hogs) on a non-optimum
yield basis. 

	8.	“DBLCI Diversified Agriculture ERTM” is Deutsche Bank Liquid Commodity Index Diversified Agriculture Excess ReturnTM. 

	9.	“DBLCI Diversified Agriculture TRTM” is Deutsche Bank Liquid Commodity Index Diversified Agriculture Total ReturnTM. 

	10.	“Goldman Sachs US Agriculture Total Return” is S&P Goldman Sachs US Agriculture Total Return. 

	11.	“Annualized Changes to Index Level” reflect the change to the applicable index level on an annual basis as of December 31 of each applicable year.

	12.	“Average rolling 3 month daily volatility.” The daily volatility reflects the relative rate at which the price of the applicable index moves up and down,
which is found by calculating the annualized standard deviation of the daily change in price. In turn, an average of this value is calculated on a 3 month rolling basis. 

	13.	“Sharpe Ratio” compares the annualized rate of return minus the annualized risk-free rate of return to the annualized variability — often referred to as
the “standard deviation” — of the monthly rates of return. A Sharpe Ratio of 1:1 or higher indicates that, according to the measures used in calculating the ratio, the rate of return achieved by a particular strategy has equaled or
exceeded the risks assumed by such strategy. The risk-free rate of return that was used in these calculations was assumed to be 4.03%. 

	14.	“% of months with positive change” during the period from inception to August 31, 2009. 

	15.	“Average monthly positive change” during the period from inception to August 31, 2009. 

	16.	“Average monthly negative change” during the period from inception to August 31, 2009. 

	17.	“Annualized Index Levels” reflect the change to the level of the applicable index on an annual basis as of December 31 of each the applicable time period
(e.g., 1 year, 3, 5 or 7, 10 or 15 years, as applicable). 

 WHILE THE FUND’S OBJECTIVE IS NOT TO GENERATE PROFIT THROUGH
ACTIVE PORTFOLIO MANAGEMENT, BUT IS TO TRACK THE INDEX, BECAUSE THE INDEX WAS ESTABLISHED IN SEPTEMBER 2006, CERTAIN INFORMATION RELATING TO INDEX CLOSING LEVELS MAY BE CONSIDERED TO BE “HYPOTHETICAL.” HYPOTHETICAL INFORMATION MAY HAVE
CERTAIN INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. 
 NO REPRESENTATION IS BEING MADE THAT THE INDEX WILL OR IS LIKELY TO ACHIEVE
ANNUAL OR CUMULATIVE CLOSING LEVELS CONSISTENT WITH OR SIMILAR TO THOSE SET FORTH HEREIN. SIMILARLY, NO REPRESENTATION IS BEING MADE THAT THE FUND WILL GENERATE PROFITS OR LOSSES SIMILAR TO THE FUND’S PAST PERFORMANCE, WHEN AVAILABLE, OR THE
HISTORICAL ANNUAL OR CUMULATIVE CHANGES IN THE INDEX CLOSING LEVELS. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY INVESTMENT METHODOLOGIES, WHETHER ACTIVE OR PASSIVE.

  

 27 

 ONE OF THE LIMITATIONS OF HYPOTHETICAL INFORMATION IS THAT IT IS GENERALLY PREPARED WITH THE BENEFIT OF
HINDSIGHT. TO THE EXTENT THAT INFORMATION PRESENTED HEREIN RELATES TO THE PERIOD JANUARY 1989 THROUGH SEPTEMBER 2009, THE INDEX CLOSING LEVELS REFLECT THE APPLICATION OF THE INDEX’S METHODOLOGY, AND SELECTION OF INDEX COMMODITIES, IN HINDSIGHT.

 NO HYPOTHETICAL RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THERE ARE NUMEROUS FACTORS,
INCLUDING THOSE DESCRIBED IN THE FUND’S PROSPECTUS WITHIN THE CURRENTLY EFFECTIVE REGISTRATION STATEMENT UNDER “RISK FACTORS”, RELATED TO THE COMMODITIES MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF THE FUND’S EFFORTS TO TRACK
ITS INDEX OVER TIME WHICH CANNOT BE, AND HAVE NOT BEEN, ACCOUNTED FOR IN THE PREPARATION OF SUCH INDEX INFORMATION SET FORTH ON THE FOLLOWING PAGES, ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL PERFORMANCE RESULTS FOR THE FUND. FURTHERMORE, THE INDEX
INFORMATION DOES NOT INVOLVE FINANCIAL RISK OR ACCOUNT FOR THE IMPACT OF FEES AND COSTS ASSOCIATED WITH THE FUND. 
 THE MANAGING OWNER
COMMENCED OPERATIONS IN JANUARY 2006. AS MANAGING OWNER, THE MANAGING OWNER AND ITS TRADING PRINCIPALS HAVE BEEN MANAGING THE DAY-TO-DAY OPERATIONS FOR THE FUND AND MANAGING FUTURES TRADING ACCOUNTS. BECAUSE THERE ARE LIMITED ACTUAL TRADING RESULTS
TO COMPARE TO THE INDEX CLOSING LEVELS SET FORTH HEREIN, PROSPECTIVE INVESTORS SHOULD BE PARTICULARLY WARY OF PLACING UNDUE RELIANCE ON THE ANNUAL OR CUMULATIVE INDEX RESULTS. 
 ALTHOUGH THE INDEX SPONSOR WILL OBTAIN INFORMATION FOR INCLUSION IN OR FOR USE IN THE CALCULATION OF THE INDEX FROM SOURCE(S) WHICH THE INDEX SPONSOR CONSIDERS RELIABLE, THE INDEX SPONSOR WILL NOT
INDEPENDENTLY VERIFY SUCH INFORMATION AND DOES NOT GUARANTEE THE ACCURACY AND/OR THE COMPLETENESS OF THE INDEX OR ANY DATA INCLUDED THEREIN. THE INDEX SPONSOR SHALL NOT BE LIABLE (WHETHER IN NEGLIGENCE OR OTHERWISE) TO ANY PERSON FOR ANY ERROR IN
THE INDEX AND THE INDEX SPONSOR IS UNDER NO OBLIGATION TO ADVISE ANY PERSON OF ANY ERROR THEREIN. 
 UNLESS OTHERWISE SPECIFIED, NO TRANSACTION
RELATING TO THE INDEX IS SPONSORED, ENDORSED, SOLD OR PROMOTED BY THE INDEX SPONSOR AND THE INDEX SPONSOR MAKES NO EXPRESS OR IMPLIED REPRESENTATIONS OR WARRANTIES AS TO (A) THE ADVISABILITY OF PURCHASING OR ASSUMING ANY RISK IN CONNECTION WITH
ANY SUCH TRANSACTION (B) THE LEVELS AT WHICH THE INDEX STANDS AT ANY PARTICULAR TIME ON ANY PARTICULAR DATE (C) THE RESULTS TO BE OBTAINED BY THE ISSUER OF ANY SECURITY OR ANY COUNTERPARTY OR ANY SUCH ISSUER’S SECURITY HOLDERS OR
CUSTOMERS OR ANY SUCH COUNTERPARTY’S CUSTOMERS OR COUNTERPARTIES OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE INDEX OR ANY DATA INCLUDED THEREIN IN CONNECTION WITH ANY LICENSED RIGHTS OR FOR ANY OTHER USE OR (D) ANY OTHER MATTER. THE
INDEX SPONSOR MAKES NO EXPRESS OR IMPLIED REPRESENTATIONS OR WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE WITH RESPECT TO THE INDEX OR ANY DATA INCLUDED THEREIN. 
 WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL THE INDEX SPONSOR HAVE ANY LIABILITY (WHETHER IN NEGLIGENCE OR OTHERWISE) TO ANY PERSON FOR ANY DIRECT, INDIRECT, SPECIAL, PUNITIVE, CONSEQUENTIAL
OR ANY OTHER DAMAGES (INCLUDING LOST PROFITS) EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES. 
  

 28Fifth Amendment to Third Amended & Restated Loan and Security Agreement

 Exhibit 10.46 
 November 17, 2009 
 The Coast Distribution System, Inc. 
 350 Woodview Avenue 
 Morgan Hill, California 95037

  

	 	Re:	Fifth Amendment 

 Gentlemen: 

The Coast Distribution System, Inc., a Delaware corporation “Coast Delaware”), United Sales & Warehouse of
Texas, Inc., a Texas corporation (“United Sales”), C/P Products Corp., an Indiana corporation (“C/P”), Mohawk Trailer Supply, Inc., a New York corporation (“Mohawk”), and Les Systemes De
Distribution Coast (Canada) Inc. The Coast Distribution System (Canada) Inc., a corporation organized under the laws of the Province of Quebec (“Coast Canada”) (Coast Delaware, United Sales, C/P, Mohawk, and Coast Canada are
referred to individually as “Borrower” and collectively as “Borrowers”), and Bank of America, N.A., on its individual capacity, “US Lender”), acting by and through Bank of America, N.A., a national
banking association, as agent for US Lender (in such capacity, “Agent”) and Bank of America, N.A. (acting through its Canada branch) (“Canadian Lender”), (US Lender, acting through Agent, and Canadian Lender are
referred to collectively as “Lender”), have entered into that certain Third Amended and Restated Loan and Security Agreement dated August 30, 2005 (the “Security Agreement”). From time to time thereafter,
Borrowers and Lender may have executed various amendments (each an “Amendment” and collectively the “Amendments”) to the Security Agreement (the Security Agreement and the Amendments hereinafter are referred to
collectively, as the “Agreement”). Borrowers and Lender now desire to further amend the Agreement as provided herein, subject to the terms and conditions hereinafter set forth. 
 NOW, THEREFORE, in consideration of the foregoing recitals, the mutual covenants and agreements set forth herein and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows: 
 1. The Agreement hereby is amended as follows: 
 (a) The following words in the Agreement are hereby deleted:

 “and any Renewal Term”, “or any Renewal Term”, “Automatic Renewal” 
 (b) The following definitions in Section 1 of the Agreement are hereby amended and restated in their entirety as follows: 

“Canadian Inventory Advance Sublimit” shall mean (i) an amount up to the lesser of Two Million Five Hundred
Thousand and No/100 Dollars ($2,500,000.00) or fifty percent (50%) of the value of Eligible Inventory owned by Coast Canada; provided, however, that in no event shall the Inventory advances under the Canadian Inventory Advance
Sublimit plus the advances under the US Inventory Advance Sublimit exceed Fifteen Million and No/100 Dollars ($15,000,000.00); provided further that, Lender may reduce the lending formula with respect to Coast Canada Eligible Inventory in its
Permitted Discretion. 
 “US Inventory Advance Sublimit” shall mean the lesser of Twelve Million Five Hundred
Thousand and No/100 Dollars ($12,500,000.00) or fifty percent (50%) of the value of Eligible Inventory owned by Coast US; provided, however, that in no event shall the inventory advances under the US Inventory Advance Sublimit
plus advances under the Canadian Inventory Advance Sublimit exceed Fifteen Million and No/Dollars ($15,000,000.00); provided further that US Lender may reduce the lending formula with respect to Coast US’ Eligible Inventory in its
Permitted Discretion. 

 (c) Section 1 of the Agreement is hereby amended to add the following definitions in
their proper alphabetical order: 
 “Adjustment Date” shall have the meaning set forth in
Paragraph 4(a)(viii) hereof. 
 “EBITDA” shall mean for any period, Pre Tax Profit, plus interest
expense, plus depreciation and amortization deducted in determining net income for such period, all on a consolidated basis as to Borrowers and their Subsidiaries. 
 “Fixed Charges” shall mean, for any period, current principal maturities of long term debt and capitalized leases paid or
scheduled to be paid during such period (except the current principal maturities of the Revolving Loans), plus any prepayments on indebtedness owed to any Person (except trade payables and Revolving Loans) and paid during such period, plus interest
expense paid or scheduled to be paid during such period, all on a consolidated basis as to Borrowers and their Subsidiaries. 
 “Fixed Charge Coverage Ratio” shall mean, with respect to any period, the ratio of (i) EBITDA, minus Capital Expenditures for such period not financed, minus income taxes accrued, minus cash dividends paid and cash
distributions paid for such period which were not calculated in determining net income after taxes, all on a consolidated basis as to Borrowers and their Subsidiaries to (ii) Fixed Charges. 
 “Initial Rate of Interest” shall mean the per annum rate of interest equal to the Canadian Prime Based Rate, the Canadian
US Based Rate, the LIBOR Based Rate and the US Prime Based Rate in effect as of the date hereof. 
 (d) Subsection 1 of the
Agreement is hereby amended to delete the following definition: 
 Renewal Term 
 (e) Subsection 2(h) of the Agreement is amended and restated in its entirety as follows: 
 (h) Repayments. 
 The Loans and all other Liabilities shall be repaid on the last day of the Original Term. 
 (f) Subsection 4(a) of the Agreement is hereby amended to add the following at the end thereof: 
 (viii)
Provided that so long as (A) no Event of Default is in existence and (B) Borrowers’ Form 10-K or Form 10-Q, for any fiscal quarter beginning with the fiscal quarter ending March 31, 2010, evidences a Fixed Charge Coverage Ratio
of at least 1.1:1 for the four quarter period ending on last day of such fiscal quarter or such fiscal year, as the case may be and a Pre Tax Profit of at least $100,000 or the four quarter period ending on the last day of such fiscal quarter or
such fiscal year, as the case may be as to Borrowers’ Pre Tax Profit, then the Initial Rate of Interest shall be reduced by (1) 0.25% as to all US Prime Rate Loans advanced to Coast US, all Canadian Prime Rate Loans advanced to Coast
Canada, and all Canadian US Base Rate Loans advanced to Coast Canada and by (2) 25 basis points as to all Libor Rate Loads advanced to Borrowers, in each case on the first day of the month following delivery by Borrowers to Lender of such
financial statement (each such date is hereinafter referred to as an “Adjustment Date”); provided further that if (y) Borrowers fail to deliver the financial statement required to be delivered pursuant to Paragraph 9(c) of
the Agreement (and the related Compliance Certificate) on or before the due date thereof of or (z) the financial statement shows that the Fixed Charge Coverage Ratio does not equal at least 1.1:1 or that the Pre Tax Profit does not equal at
least $100,000 for any four quarter period ending on any subsequent Adjustment Date, then such Loans shall thereafter bear interest at the applicable Initial Rate of Interest until the next Adjustment Date where the conditions set forth in clauses
(A) and (B) above are satisfied. 
  

 2 

 (g) Subsections 4(a)(i),(ii),(iii) and (iv) of the Agreement are hereby amended and
restated in their entirety as follows: 
 (i) Subject to subsection 4(a)(viii), for all US Prime Rate Loans advanced to
Coast US, a per annum rate of interest equal to the US Prime Based Rate in effect from time to time, payable on the last Business Day of each month in arrears. Said rate of interest shall increase or decrease by an amount equal to each increase or
decrease in the US Prime Rate effective on the effective date of each such change in the US Prime Rate. 
 (ii) Subject to
subsection 4(a)(viii), for all Canadian Prime Rate Loans advanced to Coast Canada, a per annum rate of interest equal to the Canadian Prime Based Rate in effect from time to time, payable on the last Business Day of each month in arrears. Said
rate of interest shall increase or decrease by an amount equal to each increase or decrease in the Canadian Prime Rate effective on the effective date of each such change in the Canadian Prime Rate. 
 (iii) Subject to subsection 4(a)(viii), for all Canadian US Base Rate Loans advanced to Coast Canada, a per annum rate of interest
equal to the Canadian US Based Rate in effect from time to time, payable on the last Business Day of each month in arrears. Said rate of interest shall increase or decrease by an amount equal to each increase or decrease in the Canadian US Base Rate
effective on the effective date of each such change in the Canadian US Base Rate. 
 (iv) Subject to
subsection 4(a)(viii), for all LIBOR Rate Loans advanced to Borrowers, a per annum rate of interest equal to the LIBOR Based Rate for the applicable Interest Period, such rate to remain fixed for such Interest Period. “Interest
Period” shall mean, in connection with the making, conversion or continuation of any LIBOR Rate Loan to (i) Coast U.S., an interest period selected by Borrower to apply, which interest period shall be 30, 60 or 90 days; provided,
however, that 
 (a) the Interest Period shall commence on the date the Loan is made or continued as, or converted into, a
LIBOR Rate Loan, and shall expire on the numerically corresponding day in the calendar month at its end; 
 (b) if any Interest
Period commences on a day for which there is no corresponding day in the calendar month at its end or if such corresponding day falls after the last Business Day of such month, then the Interest Period shall expire art the last Business Day of such
month; and if any Interest Period would expire on a day that is not a Business Day, the period shall expire on the next Business Day; and 
 (c) Borrowers may not select any Interest Period for a LIBOR Rate Revolving Loan which would extend beyond the last day of the Original Term. 
 (h) Subsection 4(c)(v) of the Agreement is hereby amended and restated in its entirety as follows: 
 (v) Amendment Fee. Borrowers shall pay to Lender a one time fee of Twenty Five Thousand and No/100 Dollars ($25,000.00) which
shall be fully earned and payable on the date hereof. 
 (i) The caption and the first two sentences of Section 10 of the
Agreement are hereby amended and restated in their entirety as follows: 
 10. Termination. 
 THIS AGREEMENT SHALL BE IN EFFECT FROM THE DATE HEREOF UNTIL July 10, 2011 (THE “ORIGINAL TERM”) UNLESS THE DUE DATE OF THE LIABILITIES IS
ACCELERATED PURSUANT TO SECTION 16 HEREOF. UPON TERMINATION OF THIS AGREEMENT, BORROWER SHALL PAY ALL OF THE LIABILITIES IN FULL. If the Liabilities are accelerated pursuant to Section 16 hereof or this Agreement
otherwise expires, then (i) Lender shall not Make any additional Loans on or after the date identified as the date on which the Liabilities are to be repaid; and (ii) this Agreement shall terminate on the date thereafter that the
Liabilities are paid in full. 
  

 3 

 (j) Subsection 14(a) of he Agreement is hereby amended and restated in its entirety as
follows: 
 Pre Tax Profit 
 (a) Borrowers Pre Tax Profit, on a consolidated basis as reflected on Borrowers financial statements, shall not at any time during any period set forth below be less than the Minimum Pre Tax Profit set
forth below corresponding to such period: 
  

					
	 Period
	  	Minimum Pre Tax Profit	 
	 Year to date through March, 2009
	  	$	(2,200,000.00	) 
	 Year to date through June, 2009
	  	$	(700,000.00	) 
	 Year to date through September, 2009
	  	$	1,000,000.00	  
	 Year to date through December, 2009
	  	$	(800,000.00	) 
	 Year to date through March, 2010
	  	$	(1,700,000.00	) 

 (k) Subsection 14(d) of the Agreement renumbered as Subsection 14(c) and is
hereby amended and restated in its entirety as follows: 
 (d) Fixed Charge Coverage Ratio. 
 Borrowers shall not permit their Fixed Charge Coverage Ratio for each period set forth below to be less than the ratio set forth below for the corresponding
period set forth below: 
  

			
	 Period
	  	Ratio
	 For the 6 month period ending on June 30, 2010
	  	1.10:1.0
	 For the 9 month period ending on September 30, 2010
	  	2.20:1.0
	 For the 12 month period ending on December 31, 2010 and each twelve (12) month period ending on the last day of each fiscal
quarter thereafter
	  	1.05:1.0

 2. Borrowers represent and warrant to Lender that this Amendment has been
approved by all necessary corporate action, and each individual signing below represents and warrants that he or she is fully authorized to do so. 
 3. Except as expressly amended hereby and by any other supplemental documents or instruments executed by either party hereto in order to effectuate the transactions contemplated by this Amendment,
to Agreement and all Exhibits thereto are ratified and confirmed by Borrowers and Lender and remain in full force and effect in accordance with their terms. 
 4. This Amendment may be executed in any number of counterparts, each of which shall be an original, but all of which, taken together, shall constitute one and the same agreement. This Amendment
may be delivered by facsimile, and when so delivered will have the same force and effect as delivery of an original signature. 
 5. Pursuant to Subsection 12 (j) of the Agreement, Lender hereby notifies Borrowers that on or before January 15, 2010, Borrowers shall maintain their operating, collections, payroll, trust, and other depository or
disbursement accounts with Lender and shall close any such account maintained at a bank other than Lender, and Lender (or any parent, affiliate or subsidiary of Lender, as applicable) shall provide services with respect to such accounts, including
without limitation, automated clearinghouse, e-payable, electronic funds transfer, wire transfer, controlled disbursement, overdraft, depository, information reporting, lockbox and stop payment services as more specifically set forth in agreements
with respect to such accounts entered into by and between Borrowers and Lender (or any parent, affiliate or subsidiary of Lender, as applicable). Customary charges and fees, including the charges and fees for the forgoing services, shall be assessed
thereon. Although no compensating balance is required, Borrowers must keep monthly balances in order to merit earnings credits which will cover Lender’s service charges for such account activities. 
  

 4 

 6. Borrowers shall reimburse Lender for all reasonable attorney’s fees (whether
for internal or outside counsel) incurred by Lender in connection with the documentation and consummation of this Fifth Amendment to the Agreement, 
 7. Exhibits A, B, C and D and Schedules 1, 11(f), 11(g), 11(i), 11(j), 11(n), 11(p) and 11(t), to the Agreement are each amended and restated in their entirety in the form of Exhibits A, B, C and D
and Schedules 1, 11(f), 11(g), 11(i), 11(j), 11(n), 11(p) and 11(t) respectively attached hereto. 
 8. Borrowers agree
to execute and deliver to Lender an amendment and restatement of the existing Amended and Restated Trademark Security Agreement dated August 30, 2005 and a Patent Security Agreement in form mutually satisfactory to Borrowers and Lender on or
before November 20, 2009. 
 (Remainder of page intentionally blank; signatures follow) 
  

 5 

			
	LENDER:
	
	BANK OF AMERICA, N.A., as Agent
		
	By:	 	 /s/ JOHN MUNDSTOCK

	Title:	 	Senior Vice President
	
	BANK OF AMERICA, N.A., as US Lender
		
	By:	 	 /s/ JOHN MUNDSTOCK

	Title:	 	Senior Vice President
	
	BANK OF AMERICA, N.A., acting through its Canada branch, as Canadian Lender
		
	By:	 	 /s/ MEDINA SALES ANDRADE

	Title:	 	Vice President

  

 6 

			
	BORROWERS:
	
	THE COAST DISTRIBUTION SYSTEM, INC.
		
	By:	 	 /s/ SANDRA A. KNELL

	Title:	 	Executive Vice President & Chief Financial Officer
	
	UNITED SALES & WAREHOUSE OF TEXAS, INC.
		
	By:	 	 /s/ SANDRA A. KNELL

	Title:	 	Executive Vice President
	
	C/P PRODUCTS, CORP.
		
	By:	 	 /s/ SANDRA A. KNELL

	Title:	 	Executive Vice President
	
	MOHAWK TRAILER SUPPLY, INC.
		
	By:	 	 /s/ SANDRA A. KNELL

	Title:	 	Executive Vice President
	
	LES SYSTEMS DE DISTRIBUTION COAST (CANADA) INC. THE COAST DISTRIBUTION SYSTEM (CANADA) INC.
		
	By:	 	 /s/ SANDRA A. KNELL

	Title:	 	Executive Vice President

  

 7

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00166-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00166-of-00352.parquet"}]]