Anda di halaman 1dari 2

Leading the Intelligent ETF Revolution

sm

DBV

www.powershares.com | 800.983.0903
www.dbfunds.db.com | 877.369.4617
As of 30 June 2006

PowerShares DB G10 Currency


Harvest Fund

Fund Data (Anticipated)


Fund Symbol
Share Price
NAV Symbol
NAV Price

DBV
$25.00
FBV.NV
-

PowerShares Capital Management LLC


is passionate about our goal of delivering
the highest quality investment products
available through the replication of
intelligent indexes in one of the more
benefit rich investment vehicles, the
exchange-traded fund.

Index Data
Index Symbol
DBCFH
Index Provider
Deutsche Bank AG London
Investment Objective Capital Appreciation &
Portfolio Diversification

PowerShares Benefits
Enhanced Index
Low Cost
Intraday Access1
Liquid2

Transparent
Fully Invested
Diversification

10-Year Index Statistics


e

c
an

tio
ty
e
la
ili
rp
a
re
at
t
a
r
l
Be
Sh
P
Co
Vo
DBCFH 11.48% 6.8% 0.09 1.06 0.21
S&P 500 + 8.32% 15.7% 1.00 0.26 1.00

rm

fo
er

Growth of $10,000

$50k

$41,885

$30k

$35,996

94
95
96
97
98
99
00
01
02
03
04
05
06

$10k
$0k

Index History (%)

DBCFH
S&P 500+

$40k

$20k

Shares are Exchange-traded investments


and have risks similar to stocks, including
the possible loss of money. Ordinary
brokerage commissions apply.

1. Shares may be bought or sold throughout the


day on the exchange through any brokerage
account. Shares may only be created and
redeemed by Authorized Participants in large
blocks consisting of 200,000 Shares.
2. Shares are subject to risks similar to stocks,
including those regarding short selling and
margin account maintenance.
 See description of statistics in disclosures on back.
* Index return does not represent fund return.
See important disclosures on back.

Fund

$60k

The PowerShares DB G10 Currency


Harvest Fund (Fund) is based on the
Deutsche Bank G10 Currency Future
Harvest Index - Excess Return

Index

Index Performance*

PowerShares provides institutional


caliber products through the replication
of enhanced indexes. These indexes
derive their investment decisions from
methodologies which incorporate
technically advanced and robust
institutional investment research.

(Index or DBCFH) and managed by


DB Commodity Services LLC. The
Index is comprised of currency futures
contracts on certain G10 currencies
and is designed to exploit the trend that
currencies associated with relatively high
interest rates, on average, tend to rise in
value relative to currencies associated
with relatively low interest rates. The
G10 currency universe from which the
index selects currently includes U.S.
Dollars, Euros, Japanese Yen, Canadian
Dollars, Swiss Francs, British Pounds,
Australian Dollars, New Zealand Dollars,
Norwegian Krone and Swedish Krona.


1 Year
G10 Currency Future Harvest
Index -0.85
S&P 500+

8.62
NAV
After Tax Held
After Tax Sold
Share Price Return

As of 30 June 2006
3 Year
7.81
11.21

5 Year
11.64
2.49

10 Year
11.48
8.32

Inception



Anticipated Fund Inception: September 18, 2006

PowerShares Capital Management LLC is not a sponsor or promoter of the Fund and is not responsible
for the performance of the Fund or the decisions or actions of the managing owner of the Fund, DB
Commodity Services LLC.
Please see http://dbfunds.db.com for current DBCFH Level; Indicative intra-day NAV; and last end-of-day NAV.
+The S&P 500 index is an unmanaged index that is a broad measurement of change in stock market
conditions based on the average performance of approximately 500 stocks. You cannot invest directly in
an index.
The Fund seeks to track the Deutsche Bank G10 Currency Future Harvest Index - Excess Return. Results
for the Deutsche Bank G10 Currency Future Harvest Index - Total Return, which consists of the Index plus
3-month United States Treasury securities returns, are displayed because the Fund collateralizes futures
positions with 3-month United States Treasury securities.
Performance data quoted represents past performance. PAST PERFORMANCE IS NOT NECESSARILY
INDICATIVE OF FUTURE RESULTS.
Investment returns and principal value will fluctuate and shares of the Fund, when redeemed or sold, may
be worth more or less than their original cost.
Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual
performance record, simulated results do not represent actual trading.Also, since the trades have not
actually been executed, the results may have under- or over-compensated for the impact, if any, of certain
market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact
that they are designed with the benefit of hindsight. No representation is being made that any account will
or is likely to achieve profits or losses similar to those shown above. For a complete list of risks associated
with investment, please see the prospectus.
Shares are not FDIC insured, may lose value and have no bank guarantee.

PowerShares DB G10 Currency


Harvest Fund

All Information as of 30 June 2006

G10 Currencies Universe

10-Year Risk Reward Comparison

$ US Dollars
C Euros
Japanese Yen
$ Canadian Dollars
Fr Swiss Francs
British Pounds
$ Australian Dollars
$ New Zealand Dollars
Kr Norwegian Krone
Kr Swedish Krona

USD
EUR
JPY
CAD
CHF
GBP
AUD
NZD
NOK
SEK

15%
10%
5%

5% 10% 15% 20% 25% 30% 35%


Volatility

Volatility

Fund Details

Management Fee

DBCFH
S&P 500+

20%
Return

Symbol

0.75%

Estimated Futures Brokerage Expenses


0.06%
CUSIP
73935Y102
Listing Exchange
AMEX

1 Year
3 Years
5 Years
10 Years

DBCFH
6.01
6.09
6.04
6.83

S&P 500
7.01
7.74
13.60
15.67

Annual Index Performance (%)



1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006 ytd

DBCFH
12.15
8.56
33.95
8.01
-1.68
15.12
11.11
14.55
17.68
19.55
8.18
14.23
-5.25

S&P 500+
1.32
37.59
22.96
33.37
28.58
21.04
-9.10
-11.89
-22.10
28.68
10.88
4.90
2.71

How does the Deutsche Bank G10 Currency Harvest Index Work?
The Deutsche Bank G10 Currency Harvest Index - Excess Return is, at any one time, composed of long futures contracts
on the three G10 currencies associated with the highest interest rates and short futures contracts on the three G10
Currencies associated with the lowest interest rates. The Index re-evaluates interest rates quarterly and, based on the
evaluation, re-weights the futures contracts it holds.
Immediately after each re-weighting, the Index will reflect an investment on a 2:1 leveraged basis in the three long futures
contracts and in the three short futures contracts (unless USD is one of the six currencies associated with the highest or
lowest interest rates, in which case the Index will reflect an investment on a 1.66:1 leveraged basis).By entering into long
and short positions, the Index is expected to provide more consistent and less volatile returns than could be obtained by
taking long positions only or short positions only.
Potential Advantages of Investing in the Fund



Enhanced Currency Index: The Index is designed to exploit the tendency for currencies associated with higher
interest rates to yield greater returns than currencies associated with lower interest rates. Although past
performance should not be taken as an indication of future performance, the Index generally has produced
positive historical results when compared to investing in a single currency.

Diversification: Currencies may help to diversify a portfolio because currency returns have tended to exhibit low
correlation to stock and bond returns.

Ease of Investment: The Fund provides convenient access to the returns of the international currency markets by
following a highly-developed index previously available only to very sophisticated investors.

Low Volatility: Although past performance is no guarantee of future performance, the Index has historically been
less volatile than an investment in the S&P 500.

If the United States Dollar is one of the six currencies associated with the highest or lowest interest rates, the Fund will not establish a long or short futures position
in USD because USD is the Funds home currency and, consequently, the Fund cannot enjoy profit or suffer loss from long or short futures positions in USD.
Volatility is the annualized standard deviation of monthly index returns. Beta is a measure of relative risk and is the slope of regression. Sharpe is the risk adjusted
return and is the return less the risk free rate divided by the standard deviation. Correlation is the similarity in performance.

There are risks involved with investing in ETFs including possible loss of money. The Fund is not actively managed and is subject to risk similar
to stocks, including those related to short selling and margin maintenance. Shares are subject to risks. Currencies can be volatile investments and
should only form a small part of a diversified portfolio.Accordingly, they may not be suitable for all investors.
A I M Distributors, Inc. is the distributor of the PowerShares DB G10 Currency Harvest Fund.
Certain marketing services provided for the fund by the distributor, A I M Distributors, Inc., may be performed using registered representatives of the
distributor who are affiliates or employees of PowerShares Capital Management LLC.

This material must be accompanied or preceded by a prospectus. Please read the prospectus carefully before sending money.
www.dbfunds.db.com | 877.369.4617

DBV Facts/9.2006

P-DBV-PC-1 x10.31.2006

www.powershares.com | 800.983.0903

Anda mungkin juga menyukai