December 15th, 2015

Deutsche Asset Management to offer six ETFs on Schwab ETF OneSource(™)

Deutsche Asset Management today announced that it will offer six Deutsche X-trackers exchange-traded funds (ETFs) on Schwab ETF OneSource™, Charles Schwab & Co.'s program that provides investors and advisors with access to commission-free exchange traded funds.1 As of January 4, Schwab clients can buy and sell the following six Deutsche X-trackers ETFs commission free:

ETF NameTicker
Deutsche X-trackers MSCI EAFE Hedged Equity ETF DBEF
Deutsche X-trackers MSCI Emerging Markets Hedged Equity ETF DBEM
Deutsche X-trackers MSCI All World ex US Hedged Equity ETF DBAW
Deutsche X-trackers MSCI Eurozone Hedged Equity ETF DBEZ
Deutsche X-trackers Municipal Infrastructure Revenue Bond ETF RVNU
Deutsche X-trackers MSCI All World ex US High Dividend Yield Hedged Equity ETF HDAW

“We are excited that Deutsche X-trackers will be included on Schwab ETF OneSource,” said Fiona Bassett, Head of Passive in the Americas. “As part of the program, we are able to expand the exposure of our Deutsche X-trackers suite and offer investors greater access to our innovative, currency hedged suite through the broadest commission free ETF offering.”

Offering the broadest suite of currency-hedged ETFs in the US, Deutsche’s X-trackers US platform has experienced breakthrough success in 2014 and 2015. With assets totaling USD 19.6 billion as of December 22, 2015, the Deutsche X-trackers platform increased by approximately 360% in 2015, and has continued to be among the fastest growing exchange-traded fund (ETF) franchises in the US.2 The firm’s global exchange traded products platform is now the world’s fifth largest, with approximately USD 76.9 billion in assets under management as of September 30, 2015.3

Deutsche Asset Management

Deutsche Asset Management

With about USD 836 billion of assets under management (as of September 30, 2015), Deutsche Asset Management¹ is one of the world’s leading investment management organizations. Deutsche Asset Management offers individuals and institutions traditional and alternative investments across all major asset classes.

¹ Deutsche Asset Management is the brand name of the Asset Management division of the Deutsche Bank Group. The respective legal entities offering products or services under the Deutsche Asset Management brand are specified in the respective contracts, sales materials and other product information documents.

About Schwab ETF OneSource™

Schwab ETF OneSource offers investors and advisors access to the greatest number of commission-free ETFs anywhere in the industry. Commission-free online trading is available to individual investors at Schwab, to approximately 7,000 independent investment advisors who use Schwab’s custodial services and through Schwab retirement accounts that permit trading of ETFs.

Schwab offers a range of resources to help clients choose ETFs that fit their investment needs, including the Schwab ETF Select List™, tutorials, education, research and tools available via Schwab’s online ETF center and live events at local Schwab branches.

Deutsche Asset Management is not affiliated with, sponsored by, or endorsed by Schwab. Any information provided by Deutsche Asset Management should not be considered either a recommendation by Schwab or a solicitation of any offer to purchase or sell any securities, and Schwab makes no representations regarding Deutsche Asset Management content.

Deutsche X-trackers ETFs (“ETFs”) are managed by DBX Advisors LLC (the “Advisor”) and distributed by ALPS Distributors, Inc. (“ALPS”). The Advisor 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

Charles Schwab & Co., Inc. receives remuneration from third-party ETF companies participating in Schwab ETF OneSource™ for record keeping, shareholder services and other administrative services, including program development and maintenance.

Deutsche Asset Management represents the asset management activities conducted by Deutsche Bank AG or any of its subsidiaries. Clients will be provided Deutsche Asset 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.

© 2016 Deutsche Asset Management. All rights reserved. 045328_1.0 DBX001749 12/22/16

1 Conditions Apply: Trades in ETFs available through Schwab ETF OneSource™ (including Schwab ETFs™) are available without commissions when placed online in a Schwab account. Service charges apply for trade orders placed through a broker ($25) or by automated phone ($5). An exchange processing fee applies to sell transactions. Certain types of Schwab ETF OneSource transactions are not eligible for the commission waiver, such as short sells and buys to cover (not including Schwab ETFs). Schwab reserves the right to change the ETFs we make available without commissions. All ETFs are subject to management fees and expenses. Please see Charles Schwab Pricing Guide for additional information.

2 ETF.com

3 Deutsche Asset Management

Contacts:

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

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