DB Platinum

Fund Investment Objectives

The Investment Objective of the Sub-Fund is to provide the Shareholders with a return linked to the performance of the Underlying Asset, which is the Deutsche Bank CROCI World Giants Index. The Index is a total return index, calculated and published by Deutsche Bank AG (the "Index Sponsor") and is intended to reflect the total return performance of initially two Sub-Indices notionally comprising shares traded or listed on certain global regulated markets. Each Sub-Index will contain sixty shares from nine of the ten Global Industry Classification Standard ("GICS") sectors as described further below. The Index aims to identify the largest and most stable companies globally. The Index is EUR denominated. The values of the constituents of its Sub-Indices which are not denominated in EUR are converted into EUR in order to calculate the Index level. In order to achieve the Investment Objective, the Sub-Fund will mainly invest all or part of the net proceeds of the issue of Shares in transferable securities issued by (i) financial institutions or corporates, (ii) sovereign states that are OECD Member States and/or supranational organizations/entities, (iii) special purpose vehicles that are rated (or invested in rated bonds), and/or potentially some cash deposits with financial institutions, in each case with investment grade ratings by a recognised rating agency or equivalent long-term credit ratings at the time of the investment, all in accordance with the Investment Restrictions. The Sub-Fund will exchange the performance and/or the expected income of such transferable securities against a payoff linked to the Underlying Asset. Such transferable securities and liquid assets (such as deposits) will constitute the "Hedging Asset", as defined in the Prospectus.