EFTA01409325.pdf

Subject: RE: Sample Risk Premia Portfolio From: Tazia Smith ‹ > Date: Thu, 07 Dec 2017 09:25:25 -0500 To: Ashish Malhotra Cc: "Briana Little Michael S Jacob Xavier Avila Martin Zeman Joshua Shoshan Davide-A Sferrazza Alison-T Sinicropi Good Morning Ashish — Recall our two risk premia discussions from earlier this year including the revenue share opportunity with Deutsche Asset Management. I don't want to distract you from Eden, but my colleagues have solved for a note implementation solution — cusip can be booked into your current account — as opposed to the swap implementation we were discussing for the example in the April email chain below. We currently have an anchor indication on a 10x levered note on a 5% target vol, multi asset portfolio with 90% put protection. I thought this underlying and exposure was very relevant for you based on our prior conversations, AND the implementation solves the ISDA issues! See below/attached. We will give you a call to discuss. All Our Best, Tazia DB Delta One Full Capital at Risk Note Linked to a Leveraged Risk Premia Basket Portfolio Format DB Senior Unsecured Note EFTA01409325 Trade Date [ ] Dec 2017 Issue Date [ ] Jan 2018 Maturity 2yrs Notional Minimum USD [ 1 ]mio Payout Maturity Notional * [ 1 + Performance * 10 ] Performance Max [ -10.00%, Basket Performance — Basket Protection Fee ] Basket Performance Final Basket / Initial Basket - 1 Basket Protection Fee TBD on Trade Date [expected 1% to 1.50%] Basket Definition Risk Premia Multi-Asset Class 5% Target Volatility Portfolio All trade execution information contained herein is being provided as an accommodation at your request in advance of your receipt of the official trade confirmation(s). Additional trade detail information available upon request. The terms of the trade(s) may be subject to change prior to settlement, and therefore the official trade confirmation(s) and account statements issued by Deutsche Bank shall govern. Deutsche Bank is not responsible for any discrepancy between the informal execution report and the official trade confirmation(s) or account statements. Structured products are not suitable for all investors due to illiquidity, optionality, time to redemption, and payoff nature of the strategy. We or our affiliates or persons associated with us or such affiliates may: maintain a long or short position in securities referred to herein, or in related futures or options, purchase or sell, make a market in, or engage in 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, EFTA01409326 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: Tuesda , A ril 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 EFTA01409327 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 {cid:[email protected]} Audie Apple Key Client Partners - Americas Deutsche Bank Wealth Management 345 Park Avenue, 26th Floor New York, NY 10154 fcid:[email protected] Securities offered through Deutsche Bank Securities Inc. EFTA01409328