1383149--2/24/2010--DB_US_Dollar_Index_Master

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Investment and Trading Related Risks The Value of the Shares Relates Directly to the Value of the Futures Contracts and Other Assets Held by the Master Fund and Fluctuations in the Price of These Assets Could Materially Adversely Affect an Investment in the Fund s Shares. Net Asset Value May Not Always Correspond to Market Price and, as a Result, Baskets May be Created or Redeemed at a Value that Differs from the Market Price of the Shares. The Fund s Performance May Not Always Replicate Exactly the Changes in the Level of the Index. The Master Fund is Not Actively Managed and Will Track the Index During Periods in which the Index Is Flat or Declining as well as when the Index Is Rising. Investors Who Invest Only in the Fund May Not be Able to Profit if the Market Value of the DX Contracts Moves Against Such Investment. The NYSE Arca May Halt Trading in the Shares Which Would Adversely Impact Your Ability to Sell Shares. The Lack of an Active Trading Market for the Shares May Result in Losses on Your Investment in the Fund at the Time of Disposition of Your Shares. The Shares Are a New Securities Product and Their Value Could Decrease if Unanticipated Operational or Trading Problems Arise. As the Managing Owner and its Principals have Been Operating Investment Vehicles like the Fund or the Master Fund Since January 2006, their Experience may be Inadequate or Unsuitable to Manage the Fund or the Master Fund. You May Not Rely on Past Performance or Index Results in Deciding Whether to Buy Shares. Fewer Representative Index Currencies May Result In Greater Index Volatility. Short Selling Theoretically Exposes the Master Fund to Unlimited Losses. Unusually Long Peak-to-Valley Drawdown Periods With Respect To Both the Long Index and the Short Index May Be Reflected in Equally Long Peak-to-Valley Drawdown Periods with Respect to the Performance of the Shares. Price Volatility May Possibly Cause the Total Loss of Your Investment. Fees and Commissions are Charged Regardless of Profitability and May Result in Depletion of Assets. You Cannot Be Assured of the Managing Owner s Continued Services, Which Discontinuance May Be Detrimental to the Fund. Possible Illiquid Markets May Exacerbate Losses. You May Be Adversely Affected by Redemption Orders that Are Subject To Postponement, Suspension or Rejection Under Certain Circumstances. Because the Futures Contracts Have No Intrinsic Value, the Positive Performance of Your Investment Is Wholly Dependent Upon an Equal and Offsetting Loss. Failure of Currency Futures Trading to Exhibit Low to Negative Correlation to General Financial Markets Will Reduce Benefits of Diversification and May Exacerbate Losses to Your Portfolio. Shareholders Will Not Have the Protections Associated With Ownership of Shares in an Investment Company Registered Under the Investment Company Act of 1940. Various Actual and Potential Conflicts of Interest May Be Detrimental to Shareholders. Shareholders of the Fund Will Be Subject to Taxation on Their Share of the Fund s Taxable Income (Including the Fund s Share of the Master Fund s Taxable Income), Whether or Not They Receive Cash Distributions. Items of Income, Gain, Loss and Deduction With Respect to Shares Could Be Reallocated if the IRS Does Not Accept the Assumptions or Conventions Used by the Fund or the Master Fund in Allocating Such Tax Items. The Current Treatment of Long Term Capital Gains Under Current U.S. Federal Income Tax Law May Be Adversely Affected, Changed or Repealed in the Future. PROSPECTIVE INVESTORS ARE STRONGLY URGED TO CONSULT THEIR OWN TAX ADVISERS AND COUNSEL WITH RESPECT TO THE POSSIBLE TAX CONSEQUENCES TO THEM OF AN INVESTMENT IN THE SHARES; SUCH TAX CONSEQUENCES MAY DIFFER IN RESPECT OF DIFFERENT INVESTORS. Failure of Futures Commission Merchants or Commodity Brokers to Segregate Assets May Increase Losses; Despite Segregation of Assets, the Master Fund Remains at Risk of Significant Losses Because the Master Fund May Only Receive a Pro-Rata Share of the Assets, or No Assets at All. Regulatory Changes or Actions May Alter the Nature of an Investment in the Fund. Lack of Independent Advisers Representing Investors. Possibility of Termination of the Fund or Master Fund May Adversely Affect Your Portfolio. Shareholders Do Not Have the Rights Enjoyed by Investors in Certain Other Vehicles. An Investment in the Shares May Be Adversely Affected by Competition From Other Methods of Investing in Currencies. Competing Claims Over Ownership of Intellectual Property Rights Related to the Fund Could Adversely Affect the Fund and an Investment in the Shares. Because the Price of DX Contracts Is Primarily Influenced by Short-Term Interest Rate Differentials, You May Sell Your Shares at a Time When the DX Contracts Are Being Traded at a Discount, and Therefore Receive an Amount that Would be Lower than if the DX Contracts Were Trading at a Premium. The Value of the Shares Will be Adversely Affected if the Fund or the Master Fund is Required to Indemnify the Trustee or the Managing Owner. The Net Asset Value Calculation of the Master Fund May Be Overstated or Understated Due to the Valuation Method Employed When a Settlement Price is Not Available on the Date of Net Asset Value Calculation. Exchange Rates on the Index Currencies Could be Volatile and Could Materially and Adversely Affect the Performance of the Shares. Substantial Sales of Index Currencies by the Official Sector Could Adversely Affect an Investment in the Shares. Although the Shares are Limited Liability Investments, Certain Circumstances such as Bankruptcy of the Fund or Indemnification of the Fund by the Shareholders will Increase the Shareholders Liability.

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1383149--2/24/2010--DB_US_Dollar_Index_Master_Trust