Company Press Release

Deutsche Asset & Wealth Management Launches Three New Hedged Equity Exchange Traded Funds

NEW YORK-- Deutsche Asset & Wealth Management today announced the launch of three new hedged equity exchange traded funds (ETFs) on the db X-trackers platform. The new funds track MSCI hedged equity indexes and provide direct exposure to several important international equity markets, while aiming to protect against fluctuations in value of the U.S. dollar and non-U.S. currencies. db X-trackers offers the most comprehensive suite of hedged equity ETFs in the U.S.

The three new ETFs are listed for trading on the NYSE Arca, under the following symbols:

db X-trackers MSCI Asia Pacific ex Japan Hedged Equity Fund     (NYSEArca:DBAP)
db X-trackers MSCI Europe Hedged Equity Fund (NYSEArca:DBEU)
db X-trackers MSCI United Kingdom Hedged Equity Fund (NYSEArca:DBUK)
  “Hedged equity ETFs have been one of the fastest growing segments of ETFs by assets, and these three new innovative ETFs address this growing demand by providing investors with more complete exposure to investment opportunities in Asia and Europe. Investors now have the ability to manage their currency risk, while capturing the potential growth in these unique slices of the international market,” said Martin Kremenstein, Deutsche Asset & Wealth Management Americas- Head of Passive Asset Management.

DBAP, which offers exposure to equities in 12 Asian countries, excluding Japan, joins db X-trackers MSCI Japan Hedged Equity Fund (DBJP) to offer complete investment opportunities across developed and emerging Asian markets, where currencies have increasingly fluctuated relative to the U.S. dollar.

The other new ETFs DBEU, which offers broad exposure to the European Union, and DBUK, which provides exposure to equity securities of the United Kingdom, will join existing products db X-trackers MSCI EAFE Hedged Equity Fund (DBEF) and db X-trackers MSCI Germany Hedged Equity Fund (DBGR) to deliver four distinct ways to invest in the European markets while mitigating exposure to fluctuations between the value of the U.S. dollar and non-U.S. currencies.

DBEU, DBUK and DBAP seek investment results that correspond generally to the performance of the MSCI Europe USD Hedged Index, the MSCI United Kingdom USD Hedged Index and the MSCI AC Asia Pacific ex Japan Index, respectively.

The MSCI hedged equity indexes have empirically generated greater returns year-to-date than their unhedged index counterparts.*

With the addition of these three new ETFs, the db X-trackers platform offers eight hedged equity ETFs, including the following:

db X-trackers MSCI Brazil Hedged Equity Fund     (NYSEArca:DBBR)
db X-trackers MSCI Germany Hedged Equity Fund (NYSEArca:DBGR)
db X-trackers MSCI EAFE Hedged Equity Fund (NYSEArca:DBEF)
db X-trackers MSCI Emerging Markets Hedged Equity Fund (NYSEArca:DBEM)
db X-trackers MSCI Japan Hedged Equity Fund (NYSEArca:DBJP)
  Deutsche Asset & Wealth Management’s U.S. exchange traded products (ETP) platform includes 58 ETPs, with approximately $12 billion in assets under management. Deutsche Asset & Wealth Management’s ETP platform was launched in 2006 and has risen to become the fifth largest in the world, with approximately $60 billion in assets under management as ofSeptember 09, 2013.**

For more information about the ETPs available in the U.S., visit: http://www.dbxus.com. For further information about this press release, please call:

*Source: MSCI, as of 8/30/13.

**Source: Deutsche Bank (DB)Bloomberg Finance LP, Reuters.

Deutsche Asset & Wealth Management

With approximately $1.2 trillion of assets under management (as at June 30, 2013), Deutsche Asset & Wealth Management is one of the world's leading investment organizations. Deutsche Asset & Wealth Management offers individuals and institutions traditional and alternative investments across all major asset classes. It also provides tailored wealth management solutions and private banking services to high-net-worth individuals and family offices.

Deutsche Asset & Wealth Management is the brand name for the Asset Management & Wealth Management-division of Deutsche Bank AG (DB) and its subsidiaries. The responsible legal entities offering clients products or services of Deutsche Asset & Wealth Management are listed in the respective contracts, sales materials and other product information documents.

Carefully consider the fund’s investment objectives, risk factors, and charges and expenses before investing. This and other information can be found in the fund‘s prospectuses, which may be obtained by calling 1-855-329-3837 or by visitingwww.dbxus.com. Read the prospectus carefully before investing.

RISKS

?Investing involves risk, including possible loss of principal. Funds that invest in specific countries or geographic regions may be more volatile than investing in broadly diversified funds. Securities focusing on a single country may be more volatile. In addition to the normal risks associated with investing, international investments may involve risk of capital loss from unfavorable currency fluctuations, from differences in generally accepted accounting principles or from economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. There are additional risks because of potential fluctuations in currency and interest rates. Investing in derivatives entails special risks relating to liquidity, leverage and credit that may reduce returns and increase volatility. One cannot invest directly in an index.

Shares of the funds may be sold throughout the day on the exchange through any brokerage account. However, shares may only be purchased and redeemed directly from the funds by authorized participants in very large creation/redemption units. There is no assurance that an active trading market for shares of a fund will develop or be maintained.

Investment products: No bank guarantee | Not FDIC insured | May lose value

db X-trackers are distributed by ALPS Distributors, Inc.