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nges to 2016 GDP Estimate 7.0% 2.0% 3.0% 4.0% 5.0% 6.0% 0.0% 1.0% U.S. Europe Footnotes: Data as of March 2016. Data as of March Source: Deutsche Asset Management, Deutsche Bank Wealth Management. UK November 2015 Forecast for 2016 GDP Japan China World March 2016 Forecast For 2016 GDP Footnotes: Data as
Fund BPRIX Invesco AIM European Growth db X-Trackers MSCI Europe Hedged Equity Fund Wisdomtree Japan Hedged Equity iShares MSCI Pacific ex Japan AEDYX EFTA01478025 DBEU DXJ EPP WM US Large Cap/Growth - Individual Securities N/A ClearBridge Small Cap Growth SBPYX Allocation as % of Portfolio
being offered for direct purchase. The appropriate implementation vehicle for the cash allocation will be chosen based on the client's tax status. Deutsche Asset ;."nth Manaoen 5 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0083468 CONFIDENTIAL SDNY_GM_00229652 EFTA01383687
uity Fund DBEU Deutsche X-trackers MSCI Japan Hedged Equity Fund DBJP iShares MSCI Pacific ex-Japan Fund Parametric Emerging Market Fund SBPYX AEDYX EPP EIEMX Emerging Markets Asia Equity kwesco Asia Pacific Growth Fund ASNX Fixed Income Municipals Bonds High Yield Bonds Treasury Inflatio
being offered for direct purchase. The appropriate implementation vehicle for the cash allocation will be chosen based on the client's tax status. Deutsche Asset 2 ith Mamaen CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0059478 CONFIDENTIAL SDNY_GM_00205662 EFTA01367854
ore Equity Vehicit MMOI WM U.S. Core Equity N/A ClearBridge Small Cap Growth Mutual Fund SBPYX Invesco AIM European Growth Mutual Fund AEDYX Deutsche X-trackers MSCI Europe Hedged Equity Mutual Fund DBEU VVisdomtree Japan Hedged Equity ETF DXJ iShares MSCI Pacific ex-Japan ETF Parame
Entities connected to both Deutsche Asset & Wealth Management and AEDYX
European Equity
ORGANIZATIONMFS Emerging Market Debt Fund
ORGANIZATIONInvesco Asia Pacific Growth Fund
ORGANIZATIONInvesco AIM European Growth
ORGANIZATIONPrisma Spectrum Fund LP
ORGANIZATIONJapan Equity
ORGANIZATIONthe Regional Investment Committee
ORGANIZATIONDirectional
ORGANIZATIONAberdeen Emerging Markets Fund
ORGANIZATIONSBPYX
ORGANIZATIONEmerging Markets Core Equity
ORGANIZATIONPrisma Spectrum Fund
ORGANIZATION