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Deutsche Asset & Wealth Management Announced the Net Asset Value Information for Various of its US Listed ETFs

DBJP, RVNU, HAUZ, HDEF

Deutsche Asset & Wealth Management (Deutsche AWM) announced the net asset value (NAV) per share of the below exchange traded funds (ETFs) effective as of Thursday, August 27, 2015. The NAVs differ from previously disclosed indicative NAVs (iNAVs).

Net Asset Values (NAV) per Share   August 27
Deutsche X-trackers MSCI Asia Pacific ex Japan Hedged Equity ETF   DBAP 23.15
Deutsche X-trackers MSCI Brazil Hedged Equity ETF DBBR 9.56
Deutsche X-trackers MSCI Japan Hedged Equity ETF DBJP 38.26
Deutsche X-trackers MSCI United Kingdom Hedged Equity ETF DBUK 21.75
Deutsche X-trackers MSCI All World ex US High Dividend Yield Hedged Equity ETF HDAW 23.28
Deutsche X-trackers MSCI EAFE High Dividend Yield Hedged Equity ETF HDEF 23.26
Deutsche X-trackers Emerging Markets Bond—Interest Rate Hedged ETF EMIH 24.04
Deutsche X-trackers Municipal Infrastructure Revenue Bond ETF RVNU 25.58
Deutsche X-trackers Harvest MSCI All China Equity ETF CN 31.92
Deutsche X-trackers MSCI EAFE Small Cap Hedged Equity ETF DBES 23.46
Deutsche X-trackers MSCI Australia Hedged Equity ETF DBAU 24.81
Deutsche X-trackers Japan JPX-Nikkei 400 Hedged Equity ETF JPNH 22.40

The NAV adjustments are a result of a system malfunction experienced by the Fund Accounting Agent, which calculates the NAV for the Deutsche AWM ETFs.

For more information about the ETFs available in the US, visit: http://www.deutsche-etfs.com. For further information, please call:

Deutsche Asset & Wealth Management

With USD 1.25 trillion of assets under management (as of March 31, 2015), 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 X-trackers ETFs (“ETFs”) are managed by DBX Advisors LLC (the “Advisor”), and distributed by ALPS Distributors, Inc. (“ALPS”). The Advisors is a subsidiary of Deutsche Bank AG, and is not affiliated with ALPS.

MSCI is a servicemark of MSCI Inc. (MSCI) and has been licensed for use by DBX. The funds are not sponsored, endorsed, issued, sold or promoted by MSCI nor does MSCI make any representation regarding the advisability of investing in the funds.

Investing involves risk, including possible loss of principal. Stocks may decline in value.

Consider the fund's investment objectives, risk factors, and charges and expenses before investing. This and other important information can be found in the fund’s prospectus, which may be obtained by calling 1-855-DBX-ETFS (1-855-329-3837) or by viewing or downloading a prospectus at deutsche-etfs.com. Please read it carefully before investing.

No bank guarantee | Not FDIC insured | May lose value

Deutsche Asset & Wealth Management represents the asset management and wealth management activities conducted by Deutsche Bank AG or any of its subsidiaries. Clients will be provided Deutsche Asset & Wealth Management products or services by one or more legal entities that will be identified to clients pursuant to the contracts, agreements, offering materials or other documentation relevant to such products or services.

© 2015 Deutsche Asset & Wealth Management. All rights reserved. DBX001612 08/28/2016 R-039455-1.0

Deutsche Bank AG Press & Media Relations
Catherine Wooters
Phone: +1 212-250-2790
E-Mail: catherine.wooters@db.com

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