PowerShares DB Precious Metals Fund just filed a prospectus, suggesting it plans to soon issue some securities

PowerShares DB Precious Metals Fund just came out with a new prospectus, available here. This is an SEC requirement for firms looking to issue certain types of securities. An excerpt of the prospectus is provided below:

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Filed Pursuant to Rule 424(b)(3) Registration Nos. 333-228404333-228404-03
PROSPECTUS SUPPLEMENT NO. 3
(to Prospectus dated August 27, 2020)
INVESCO DB MULTI-SECTOR COMMODITY TRUST
INVESCO DB PRECIOUS METALS FUND
19,400,000 Common Units of Beneficial Interest
This Prospectus Supplement No. 3 (“Supplement No. 3”) supplements and amends the Prospectus dated August 27, 2020 (the
“ Prospectus”), as previously supplemented.  


 
1.
Effective January 31, 2021 (the “Effective Date”), DWS Investment Management Americas, Inc.
(“DIMA”) ceased serving as the Marketing Agent for the Invesco DB Precious Metals Fund (the “Fund”). Accordingly, as of the Effective Date, all references to the Marketing Agent, DIMA in the context of serving as the Marketing
Agent to the Fund, and any related marketing services fees are deleted.  


 
2.
As of the Effective Date, Deutsche Bank Securities, Inc. replaced DIMA as the Fund’s Index Sponsor.
Accordingly, as of the Effective Date, all references to DIMA in the context of serving as the Index Sponsor are replaced with Deutsche Bank Securities, Inc. In addition, the following replaces the last sentence of the first paragraph on page 67 of
the Prospectus within the “Index Sponsor” section: The Agreement is for an initial one-year period which commenced on January 31, 2021, with additional one-year renewal terms unless terminated.
Shares of the Invesco DB Precious Metals Fund are listed on NYSE Arca, Inc. under the symbol “DBP.”
Investing in the Shares involves significant risks. See “RISK FACTORS” starting on page 12 of the Prospectus.
These securities have not been approved or disapproved by the Securities and Exchange Commission or any state securities commission nor has the Securities
and Exchange Commission passed upon the adequacy or accuracy of the Prospectus or this Prospectus Supplement No. 3. Any representation to the contrary is a criminal offense.
The Fund is not a mutual fund o

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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