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9 0 O U. n'ts 0% b 5% Hedge Funds 7.0% 7.0% 8.5% 8.5% 7.0% 7.0% 6.0% 6.0% Non-directional HF 5.0% 5.0% 4.5% 4.5% 3.0% 3.0% Directional HF 2.0% 2.0% 4.0% 4.0% 4.0% 4.0% 6.0% 6.0% Commodities 2.0% 1.0% 2.0% 1.0% 2.0% 1.0% 2.5% 1.0% 100.0% 100.0% 100.0
nteed by Deutsche Bank AG or its affiliates. Opinions expressed herein may diner tom those expressed by departments oother divisions Of aftliates of Deutsche Bank -Detfische Bank' means Deutsche Bank AG and its, affiliated companies, as the context redciies. Wealth Managernerl refers to Deutsche Banks wealth management acSities
9 0 O U. n'ts 0% b 5% Hedge Funds 7.0% 7.0% 8.5% 8.5% 7.0% 7.0% 6.0% 6.0% Non-directional HF 5.0% 5.0% 4.5% 4.5% 3.0% 3.0% Directional HF 2.0% 2.0% 4.0% 4.0% 4.0% 4.0% 6.0% 6.0% Commodities 2.0% 1.0% 2.0% 1.0% 2.0% 1.0% 2.5% 1.0% 100.0% 100.0% 100.0
nteed by Deutsche Bank AG or its affiliates. Opinions expressed herein may diner tom those expressed by departments oother divisions Of aftliates of Deutsche Bank -Detfische Bank' means Deutsche Bank AG and its, affiliated companies, as the context redciies. Wealth Managernerl refers to Deutsche Banks wealth management acSities
9 0 O U. n'is 0% b 5% Hedge Funds 7.0% 7.0% 8.5% 8.5% 7.0% 7.0% 6.0% 6.0% Non-directional HF 5.0% 5.0% 4.5% 4.5% 3.0% 3.0% Directional HF 2.0% 2.0% 4.0% 4.0% 4.0% 4.0% 6.0% 6.0% Commodities 2.0% 1.0% 2.0% 1.0% 2.0% 1.0% 2.5% 1.0% 100.0% 100.0% 100.0
nteed by Deutsche Bank AG or its affiliates. Opinions expressed herein may dater tom those expressed by departments oother divisions Of aftliates of Deutsche Bank -Detfische Bank' means Deutsche Bank AG and its, affiliated companies, as the context redciies. Wealth Managernerl refers to Deutsche Banks wealth management acSities
Entities connected to both Directional HF and Deutsche Bank -Detfische Bank'

Deutsche Bank
ORGANIZATIONTreasury Inflation Protected Securities
ORGANIZATIONDeutsche Asset & Wealth Management
ORGANIZATIONManagernerl
PERSONthe Regional Investment Commetee
ORGANIZATIONpacific ex-Japan
ORGANIZATIONEmg MN Asia Equity
ORGANIZATION