EFTA01376842.pdf

Multi Asset Investment Process Multi Asset Investment Committee (MIC) Investment Process: From global to local MIC RIC The Multi Asset Investment Regional Investment Committees (RIC) exist in Germany, the Americas, EMEA and Asia. Committee (MIC) formulates The committees create regional multi asset class lead portfolios that take into account local our global lead allocation and considerations and integrate regional investor's preferences. The regional lead allocations serve views on currency and duration as the basis for our Multi Asset Class Portfolios. based on the inputs of our CIO View and single asset PIC class experts. Portfolio Implementation reCommendation (PIC) The MIC creates a global cross-asset view which serves Asset class experts create regionally suitable implementation recommendations. as the basis for regional These experts leverage the firms' best in class research capabilities to produce creative allocation decisions. solutions for our clients. Source: Deutsche Bank Wealth Management Deutsche Bank ivc.itn Managen-,&nt 8 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0073278 CONFIDENTIAL SDNY_GM_00219462 EFTA01376842