EFTA01364383.pdf

any other transaction involving such securities, and earn brokerage or other compensation. Calculations of returns on the instruments may be linked to a referenced index or interest rate. In such cases, the investments may not be suitable for persons unfamiliar with such index or interest rates, or unwilling or unable to bear the risks associated with the transaction. Products denominated in a currency, other than the investor's home currency, will be subject to changes in exchange rates, which may have an adverse effect on the value, price or income return of the products. These products may not be readily realizable investments and are not traded on any regulated market. Additional risks to consider involve interest rates, currencies, credit, political, liquidity, time value, commodity and market risks. Please consider carefully before investing. Most structured products are only available to certain investors who qualify as "Accredited Investor" as defined in the Regulation D under the Securities Act of 1933, as amended ("the Securities Act"), and/ or "Qualified Purchasers" as defined in Section 2(a)(51) of the Investment Company Act of 1940, as amended ("the Investment Company Act"). In addition, prospective investors must sign the Structured Products Account Agreement and Approval Form affirming investor status as well as other matters. From: Audie Apple Sent: Tuesday, April 11, 2017 11:38 AM To: Cc: Tazia Smith Subject: Sample Risk Premia Portfolio Hi Ashish and Adam. I have attached the transaction summary of the Global Markets portfolio I mentioned on the call. The portfolio was constructed with an 8% volatility budget and constructed to optimize for 2 key attributes: 1. Market neutrality — no/low correlation to equity beta 2. Low sensitivity to a risking interest rate environment We will follow up shortly with information on the DB Asset Management product and proposed portfolio and hope to schedule a call with the PM team on that product to discuss that. Audie Audie Apple Key Client Partners - Americas Deutsche Bank Wealth Management 345 Park Avenue, 26th Floor New York, NY 10154 Tel. Mob. Emai Pascitrwfu PeefonK Securities offered through Deutsche Bank Securities Inc. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0054916 CONFIDENTIAL SDNY_GM_00201100 EFTA01364383