EFTA01387871.pdf

1004 - 90% VesieheeN:k3z i Me i r ; l, I 7" 1 60% 5 50% SO% 40% EURZAR-USOZAR Gin real co-:- — SUMS-0102AR ly reel con- 33% • EURZAR-USMAR 3m real (err 30% EURZAII-USCEAR 3m real car — 80.91 20% .--r— r 20% 4-4—r 2007 2001 210t6 2010 2011 2012 2013 2014 2315 2016 2017 tow 2006 ..ta n13 201 2012 2013 2014 2015 2016 2017 Sources: Deutsche Bank, Bloomberg Finance L.P. Disclaimer: hap://qlobalmarkets.db.cominew/content/3045.html Martin Zeman Director I Key Client Partners Deutsche Bank Wealth Management DB Securities Inc 345 Park Avenue. 10154-0034 New York. NY. USA KCP products and services ere intended and available only for persons who are sophisticated institutional investors within the meaning of the FINRA Rule 4512(C)(3). and who are capable of evaluating the strategies. characteristics and investment risks ot and exercising independent judgment in evaluating, the ideas and products discussed herein. Trades and transactions are subject to relevant internal approvals of OBS/ or its affiliates prior to execution, and the execution of any transaction or idea discussed herein is conditional on your becoming a client of Deutsche Bank. Key Client Partners (KCP) products, investment ideas and solutions and related matters discussed herein are provided for discussion purposes only. and strictly on a non- advisory basis. The KCP Americas desk does not provide investment advice. The information set forth herein is confidential andpersonal to you and is being presented for your information and for discussion purposes only. Any reproduction andor redistribution thereof (in whole or in part) or disclosure of its content without our written consent is strictly forbidden. This communication does not create any legally binding obligation on the part of 0681 or any Wits affiliates. This communication may contain confidential and/or privileged information. If you are not the intended recipient (or have received this communication in error) please notify the sender immediately and destroy this communication. Any unauthorized copying, disclosure or distribution of the material in this communication is strictly forbidden. Please refer to https://db.com/disclosures for additional EU corporate and regulatory disclosures. Deutsche Bank does not render legal or tax advice, and the information contained in this communication should not be regarded as such. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0091059 CONFIDENTIAL SDNY_GM_00237243 EFTA01387871