Deutsche Asset & Wealth Management Introduces the First Hedged Equity German Exchange Traded Fund to the U.S. Marketplace

Deutsche Asset & Wealth Management today announced the addition of the db X-trackers MSCI Germany Hedged Equity Fund (NYSE Ticker: DBGR) to the db X-trackers platform, effective May 31, 2013. DBGR is the first ETF designed to provide investors direct exposure to the German equity markets while mitigating exposure to fluctuations between the value of the U.S. dollar and the euro.

DBGR will provide access to Germany, the fourth largest economy in the world by gross domestic product according to UN data¹, while simultaneously decoupling German equity investment from currency exposure. Before the introduction of DBGR, investors could only access the German stock market through unhedged ETFs that subjected the funds to the fluctuations in the currency market, possibly eroding gains in equity investments.

“U.S. investors are looking for products with built-in protection against fluctuations between the dollar and non-U.S. currencies that also provide pure exposure to equity markets. DBGR is the first ETF focused on Germany that responds to this demand,” said Martin Kremenstein, Deutsche Asset & Wealth Management Americas’ Head of Passive Asset Management.

DBGR will seek investment results that correspond generally to the performance, before fees and expenses, of the MSCI Germany U.S. Dollar Hedged Index (the “Index”). The Index measures the performance of the large and mid cap segments of the German market. With 51 constituents, the Index covers approximately 85% of the equity universe in Germany. One cannot invest directly in an index.

DBGR currently trades as “db X-trackers MSCI Canada Hedged Equity Fund” under the ticker “DBCN” and with its underlying index as the MSCI Canada U.S. Dollar Hedged Index. On May 31, 2013, following a delayed opening, the ETF will be available under the ticker “DBGR,” and its underlying index will be the MSCI Germany U.S. Dollar Hedged Index. DBGR joins the db X-trackers suite of hedged equity ETFs that includes the db X-trackers MSCI Japan Hedged Equity Fund (NYSE Ticker: DBJP), db X-trackers MSCI EAFE Hedged Equity Fund (NYSE Ticker: DBEF), db X-trackers MSCI Emerging Markets Hedged Equity Fund (NYSE Ticker: DBEM), and db X-trackers MSCI Brazil Hedged Equity Fund (NYSE Ticker: DBBR).

Deutsche Asset & Wealth Management’s U.S. exchange traded products (ETP) platform includes 53 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 second largest ETP provider in Europe and the fifth largest in the world, with approximately $60 billion in assets under management.

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:

Deutsche Asset & Wealth Management

With $1.2 trillion of assets under management (as at December 31, 2012), Deutsche Asset & Wealth Management is one of the world's leading investment organizations. Deutsche Asset & Wealth Management is the brand name for the Asset Management & Wealth Management-division of Deutsche Bank AG and its subsidiaries.

DISCLAIMERS AND RISKS

An investor should consider the Funds' investment objectives, risks, charges and expenses carefully before investing. For this and more complete information about the Funds, call 1-877-369-4617 or visit www.dbxus.com. Please read the prospectus carefully before investing. A registration statement concerning DBGR, which includes a prospectus, has been filed with the Securities and Exchange Commission. The information contained in the prospectus is not complete and may be changed. DBGR may not sell its shares until the registration statement filed with the Securities and Exchange Commission is effective. This release is not an offer to sell shares of DBGR and is not soliciting and offer to buy these shares in any state where the offer or sale is not permitted.

Investing involves risk, including possible loss of principal. Funds that invest in specific countries may be more volatile than broadly diversified funds. Investing in German issuers involves special risks, including changes in currency exchange rates, political, economic and social instability, a lack of comprehensive company information differing auditing and legal standards and less market liquidity. Investments in foreign currencies are subject to the risk that those currencies will decline in value relative to the U.S. dollar, or in the case of hedged positions, that the U.S. dollar will decline relative to the currency being hedged. Each of these risks could increase the fund's volatility. Please refer to the fund’s prospectus for a more complete discussion of the risks associated with the fund.

Shares of the ETFs may be bought or sold throughout the day on the exchange through any brokerage account, which will result in the typical brokerage commissions. Shares are not individually redeemable from the ETFs and may only be purchased and redeemed directly from the ETFs by Authorized Participants, in very large creation/redemption units.

The fund is distributed by ALPS Distributors, Inc. The fund is not sponsored, endorsed, issued, sold or promoted by MSCI, Inc., nor does MSCI make any representation regarding the advisability of investing in the Fund.

¹ Source: United Nations National Accounts Main Aggregates Database: http://unstats.un.org/unsd/snaama/dnllist.asp