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nformation The asset allocations described herein are formulated by the Regional Investment Committee (RIC) within Deutsche Bank Wealth Management (Deutsche Bank WM) and may utilize the following asset class components: U.S. large cap equity, U.S. small cap equity, Europe equity, Japan equity, Pacific ex-Japan
iliates of Deutsche Bank. "Deutsche Bank" means Deutsche Bank AG and its affiliated companies, as the context requires. Wealth Management refers to Deutsche Bank's wealth management activities for highnet-worth clients around the world. Deutsche Bank Wealth Management 9 EFTA01477954 Growth Tactical alloca
no sales charges and no conflict of interest. Deutsche Bank products are excluded from calculation of the billable assets for advisory fee charge. No Deutsche Bank commission charged on trades. Commission on trades are only charged by the counterparty. Fees are subject to change without notice. Further inform
isor regarding any tax matters addressed herein based on its particular circumstances. All trademarks and service marks on this statement belong to Deutsche Bank AG or its affiliates, except third-party trademarks or service marks, which are the property of their respective owners. "Deutsche Bank" means Deutsc
state Investment Trusts, commodities, and cash. The RIC currently recognizes four basic investment strategies: Income, Growth & Income, Growth, and Maximum Growth. The strategy selected is based upon the individual investor's objectives and risk tolerance. Your selected portfolio will determine the specific a
nformation The asset allocations described herein are formulated by the Regional Investment Committee (RIC) within Deutsche Bank Wealth Management (Deutsche Bank WM) and may utilize the following asset class components: U.S. large cap equity, U.S. small cap equity, Europe equity, Japan equity, Pacific ex-Japan
iliates of Deutsche Bank. "Deutsche Bank" means Deutsche Bank AG and its affiliated companies, as the context requires. Wealth Management refers to Deutsche Bank's wealth management activities for highnet-worth clients around the world. Deutsche Bank Wealth Management 9 EFTA01478024 Growth Tactical alloca
no sales charges and no conflict of interest. Deutsche Bank products are excluded from calculation of the billable assets for advisory fee charge. No Deutsche Bank commission charged on trades. Commission on trades are only charged by the counterparty. Fees are subject to change without notice. Further inform
isor regarding any tax matters addressed herein based on its particular circumstances. All trademarks and service marks on this statement belong to Deutsche Bank AG or its affiliates, except third-party trademarks or service marks, which are the property of their respective owners. "Deutsche Bank" means Deutsc
state Investment Trusts, commodities, and cash. The RIC currently recognizes four basic investment strategies: Income, Growth & Income, Growth, and Maximum Growth. The strategy selected is based upon the individual investor's objectives and risk tolerance. Your selected portfolio will determine the specific a
oducts and services may be limited by applicable law Any products mentioned herein are not FDIC insured and are not obligations of nor guaranteed by Deutsche Bark AG or its affiliates Opinions expressed herein may differ from the opinions expressed by departments or other divisions or affiliates of Deutsche Bank.
of their respective owners. 'Deutsche Bank' means Deutsch Bank AG and its affiliated companies. as the context requires. Wealth Management refers to Deutsche Bark's wealth marogernent activities for high-net-worth clients around the world Discretionary portfolio management is offered through Deutsche Bank Trust
Estate €nvestment Trusts. commodities, and cash The AIC currently recognizes four basic investment strategies. Income. Growth & Income. Growth. and Maximum Growth. The strategy selected is based upon the individual investors obtedives and risk tolerance. Yote selected portfolio will determine the specific al€o
r affiliates of Deutsche Bank tresesche Bank' means Deutsche Bank AG and its affiliated companies. as the corded requires Weakh Management refers to Deutsche Bank's weals management activities for high- net-weft clients %roux! the world. Deutsche Bank t-lana:rment 9 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P.
l Estate Investmere Trusts. commodities, and cash. The RIC currently recognizes four basic investment strseges. Income. Growth 8 Income. Growth. and Maximum Growth. The strategy aetc-cted is based upon the indMdual investor's objectives and risk tolerance. Your selected portfolio will determine the specific allo
r affiliates of Deutsche Bank tresesche Bank' means Deutsche Bank AG and its affiliated companies. as the corded requires Weakh Management refers to Deutsche Bank's weals management activities for high- net-weft clients %roux! the world. Deutsche Bank t-lana:rment 9 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P.
l Estate Investmere Trusts. commodities, and cash. The RIC currently recognizes four basic investment strseges. Income. Growth 8 Income. Growth. and Maximum Growth. The strategy aetc-cted is based upon the indMdual investor's objectives and risk tolerance. Your selected portfolio will determine the specific allo
r affiliates of Deutsche Bank tresesche Bank' means Deutsche Bank AG and its affiliated companies. as the corded requires Weakh Management refers to Deutsche Bank's weals management activities for high- net-weft clients %roux! the world. Deutsche Bank t-lana:rment 9 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P.
l Estate Investmere Trusts. commodities, and cash. The RIC currently recognizes four basic investment strseges. Income. Growth 8 Income. Growth. and Maximum Growth. The strategy aetc-cted is based upon the indMdual investor's objectives and risk tolerance. Your selected portfolio will determine the specific allo
information The asset allocations described herein are formulated by the Regional Investment Committee (RIC) within Deutsche Bank Wealth Management (Deutsche Bank WM) and may utilize the following asset class components: U.S. large cap equity, U.S. small cap equity, Europe equity. Japan equity, Pacific ex-Japan e
ing market debt hedge funds, commodities, and cash. RIC currently recognizes four basic investment strategies: Income, Growth 8. Income. Growth, and Maximum Growth. The strategy selected is based upon the individual investors objectives and risk tolerance. Your selected portfolio will determine the specific all
affiliates of Deutsche Bark 'Deutsche Bank' means Deutsche Bank AG and its affiliated companies, as the context requires. Wealth Management refers to Deutsche Bank's wealth management activities for high-net-worth clients around the world. Deutsche Bank Wealth Management 15 CONFIDENTIAL - PURSUANT TO FED. R.
Estate Investment Trusts. commodities, and cash. The RIC currently recognizes four basic investment strategies: Income, Growth & Income. Growth. and Maximum Growth. The strategy selected is based upon the individual investor% objectives and risk tolerance. Your selected portfolio will determine the specific all
r affiliates of Deutsche Bank tresesche Bank' means Deutsche Bank AG and its affiliated companies. as the corded requires Weakh Management refers to Deutsche Bank's weals management activities for high- net-weft clients %roux! the world. Deutsche Bank t-lana:rment 9 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P.
l Estate Investmere Trusts. commodities, and cash. The RIC currently recognizes four basic investment strseges. Income. Growth 8 Income. Growth. and Maximum Growth. The strategy aetc-cted is based upon the indMdual investor's objectives and risk tolerance. Your selected portfolio will determine the specific allo
information The asset allocations described herein are formulated by the Regional Investment Committee (RIC) within Deutsche Bank Wealth Management (Deutsche Bank WM) and may utilize the following asset class components: U.S. large cap equity, U.S. small cap equity, Europe equity. Japan equity, Pacific ex-Japan e
ing market debt hedge funds, commodities, and cash. RIC currently recognizes four basic investment strategies: Income, Growth 8. Income. Growth, and Maximum Growth. The strategy selected is based upon the individual investors objectives and risk tolerance. Your selected portfolio will determine the specific all
Entities connected to both Deutsche Bank and Maximum Growth

Julie K. Brown
PERSON
Paul Morris
PERSON
United States
LOCATIONDeutsche Bank Trust Company Americas
ORGANIZATION
Bloomberg L.P.
ORGANIZATION
Frankfurt
LOCATION
Moody's
ORGANIZATIONDeutsche Asset & Wealth Management
ORGANIZATION
Milan
LOCATION
Baltimore
LOCATION
New Zealand
LOCATION
New York
LOCATIONAlex. Brown
PERSON
New York University
ORGANIZATIONthe Deutsche Bank Group
ORGANIZATION
Norway
LOCATIONTreasury Inflation Protected Securities
ORGANIZATION
Madrid
LOCATION
Denmark
LOCATION
Finland
LOCATION