EFTA01479760.pdf

Subject: GILD and SXSE Notes [C] From: Vahe Stepanian Date: Wed, 17 Sep 2014 13:33:55 -0400 To: [email protected] Cc: Paul Morris Classification: Confidential Jeffrey - we're working on two structured notes that may be of interest: 1) Gilead (GILD) - consider adding to or swapping out your existing Gilead (GILD) exposure. Recall that you currently own 8,100 shares @ $79.408. GILD is currently trading —$102.20. Please let us know if you wish to participate as we're closing the GILD note later this afternoon or tmw morning. Details are as follows: Tenor: 18 months Underlying: GILD Coupon: 15% p.a. paid quarterly Coupon Barrier: 80% observed quarterly Principal Barrier: 80% European Issuer: HSBC Redemption: - Coupon is paid quarterly if underlying is above 80% of its initial value. - On each quarter, if underlying is above 100% of its initial value, the note pays the coupon and will be called. - At maturity, if the note has not yet been called, 100% of principal is paid if underlying is above 80% of initial value. If underlying below that value, client is exposed to the performance of the underlying since inception. 2) EuroStoxx 50 - you had a EuroStoxx note mature at end of August ($2mm exposure, +15% gain, 15 mo. tenor). We continue to have a positive view on European Equities over the long term. Below is indicative, and we can customize further if you wish. Consider the following: Tenor: 24 months Underlying: SXSE Contingent Min. Return 4% Principal Barrier 80% European Max Return 25% Issuer: TBD EFTA01479760 Thank you, Vahe Vahe Stepanian Associate I Wealth Investment Coverage Deutsche Bank Securities Inc. Deutsche Asset & Wealth Management 345 Park Avenue - 26th Floor New York, NY 10154-0004 Tel. Fax Mobile Email This material has been prepared for discussion purposes only and is not intended to be an offer or solicitation, or the basis for any contract to purchase or sell any security, or other instrument, or for Deutsche Bank to enter into or arrange any type of transaction as a consequence of any information contained herein. Structured products are not suitable for all investors. Terms quoted above are indicative only and subject to change. Please refer to the Term Sheet or Prospectus and consider carefully before investing. Structured Investments may entail certain risks, and consideration should be given to the following: Liquidity Risk — A secondary market is not guaranteed and may be limited. The issuer may make a secondary market and provide clients with liquidity, but is under no obligation to repurchase the securities from the client. Further, issuers may offer pricing on secondary transactions at a significant discount to the client's initial investment amount; Callable Features - Structured Products may be callable by the issuer prior to the stated maturity date. If called, the amount payable to investors may be significantly less than the original investment amount. Furthermore, call features may create reinvestment risk for investors;Principal Protection — With principal protected notes, investors must hold the note to the stated maturity date for the full benefit of protection. Even if a registered note is fully principal protected, it is not FDIC-insured. Such notes are still subject to the issuer's credit risk. Thus, investors may lose their principal in the case of a liquidity crisis or other solvency problem with the issuer. Where a note does not have a principal protection feature, investors may lose part or all of their investment; Performance Payout — Performance is generally calculated based on the value of the referenced underlying on either a series of specified valuation dates or a single specified valuation date. Large declines or swings in the referenced underlying on a specified valuation date may have a disproportionate effect on the performance of the note and may greatly EFTA01479761 affect the note's expected return. Similarly, the value of a note may not necessarily reflect the movement in the underlying and vice versa; Capped Performance — Structured notes may limit an investor's participation in the upside performance of the referenced underlying. Typically, investors participate up to a pre-specified cap amount; however, they forego any additional performance in excess of the cap amount. Therefore, in instances of outperformance, investors in a structured note may earn lower returns when compared to a direct investment in the underlying; Referenced Underlying — The referenced underlying may have limited performance history. In these instances, the Term Sheet or Prospectus may have retroactively calculated or simulated historical performance, which should not be relied upon to predict future performance; Additional Risks — Depending on the underlying, the structured product may also involve interest rate, commodity, currency, credit, political, time value and general market risks. These risks vary from product to product. EFTA01479762