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Footnotes: Data is as of March 18, 2016. Source: Bloomberg Finance LP, Deutsche Bank Wealth Management. 20
c ex-Japan Equity Emerging Market Equity Municipal Bonds U.S. High Yield Bonds International Bonds Benchmark S&P 500 Index Russell 2000 Index MSCI Europe Index (net of withholding taxes) MSCI Japan Index (net of withholding taxes) MSCI Pacific Free ex-Japan Index (net of withholding taxes) MSCI Emerging M
Footnotes: Data is as of March 18, 2016. Source: Bloomberg Finance LP, Deutsche Bank Wealth Management. 20
c ex-Japan Equity Emerging Market Equity Municipal Bonds U.S. High Yield Bonds International Bonds Benchmark S&P 500 Index Russell 2000 Index MSCI Europe Index (net of withholding taxes) MSCI Japan Index (net of withholding taxes) MSCI Pacific Free ex-Japan Index (net of withholding taxes) MSCI Emerging M
00 funds listed on the internal HER Database The Bloomberg Commodities Index (BCOM) is a broadly diversified
; is a free float-adjusted market capitalization index that is designed to measure developed market equity performance in Europe As of May 2005. the MSCI Europe Index consisted of the following 16 developed market country indices: Austria. Belgium. Denmark. Finland, France. Germany, Greece, Ireland, Italy, the Neth
Entities connected to both Bloomberg L.P. and MSCI Europe Index

United States
LOCATION
Julie K. Brown
PERSON
Paul Morris
PERSON
New York
LOCATION
Michael Bloomberg
PERSON
Deutsche Bank
ORGANIZATIONBloomberg Finance LP
ORGANIZATION
Baltimore
LOCATION
The Wall Street Journal
ORGANIZATION
New Zealand
LOCATION
Denmark
LOCATIONDeutsche Asset & Wealth Management
ORGANIZATION
Frankfurt
LOCATION
Belgium
LOCATION
Moody's
ORGANIZATION
Vienna
LOCATION
Finland
LOCATION
Norway
LOCATION
Geneva
LOCATION
Madrid
LOCATION