Deutsche Asset & Wealth Management Takes Proactive Step to Accommodate Exceptional Investor Demand for ASHR and ASHS

Deutsche Asset & Wealth Management today announced that, due to high investor demand, Deutsche X-trackers Harvest CSI 300 China A-Shares ETF (NYSE Arca: ASHR) and Deutsche X-trackers Harvest CSI 500 China A-Shares Small Cap ETF (NYSE Arca: ASHS) (each, a “Fund,” together the “Funds”) are approaching the limit of their currently available RQFII quota for purchasing China A shares securities. As a result:

• Effective immediately, the Funds will accept one creation unit, comprised of 50,000 shares, each day per Fund.
• Deutsche Asset & Wealth Management and the Funds’ sub-advisor, Harvest Global Investments Limited, continue to work with the Chinese authorities to obtain an increase in RQFII quota to keep in-line with investor demand. Harvest Global Investments Limited is a leading asset manager in China and among the top five global holders of RQFII quota.
• While there can be no assurance that such an increase will be granted or that any increase will be sufficient to meet investor demand, this interim creation limit is expected to be temporary.
• When such an increase, if any, is granted, or sufficient redemptions in the Funds allow, the Funds will resume accepting creation units as usual.
• Redemption orders for the Funds will continue to be accepted in the ordinary course of business as described in the Funds’ prospectuses.

Deutsche Asset & Wealth Management

With $1.31 trillion of assets under management (as of June 30, 2014), Deutsche Asset & Wealth Management¹ 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.

¹ 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.

Consider each Fund‘s investment objectives, risk factors, and charges and expenses before investing. This and other important information can be found in each 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 dbxus.com. Please read it carefully before investing.

DEFINITIONS: A-shares are companies incorporated in China and traded on the Shanghai and Shenzhen stock exchanges.

RISKS: International investing involves greater and different risks than investing in U.S. companies and funds investing in a single country or in a limited geographic region tend to be more volatile than more diversified funds. Emerging markets, such as China, tend to be more volatile that the markets of more mature economies, and generally have less diverse and less mature economic structures and less stable political systems than those of developed countries. Special risks associated with investments in Chinese companies include exposure to currency fluctuations, less liquidity, less developed or less efficient trading markets, lack of comprehensive company information, political instability and differing auditing and legal standards the nature and extent of intervention by the Chinese government in the Chinese securities markets, and the potential unavailability of A-shares. Any reduction or elimination of access to A-shares will have a material adverse effect on the ability of the Funds to achieve their investment objectives. During any period that creations are limited or suspended due to the limited availability of RQFII quota, the Funds could trade at a significant premium or discount to the net asset value and could experience substantial redemptions. The performance of the Funds may differ from that of the Funds’ respective underlying indexes for various reasons, including if a Fund gains exposure to A-shares by investing in securities not included in the applicable underlying index, derivative instruments, and other pooled investment vehicles because the RQFII quota has become inadequate (until additional RQFII quota can be obtained). An investment in these Funds should be considered only as a supplement to a complete investment program for those investors willing to accept the greater risks associated with investments in China. Please read each Fund's prospectus for a more complete discussion of the Fund's risks.

DBX Advisors LLC is the investment adviser to the Deutsche X-trackers Funds. Deutsche X-trackers funds are distributed by ALPS Distributors, Inc. The Fund is managed by DBX Advisors LLC which is not affiliated with ALPS.

One cannot invest directly in an index.

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

The CSI 300 Index is composed of the 300 largest and most-liquid stocks in the China A-share market, which trade on the Shanghai Stock Exchange and the Shenzhen Stock Exchange.

Harvest Global Investments Limited is a wholly owned subsidiary of Deutsche Bank Group’s asset management joint venture in China, Harvest Fund Management Co., Ltd., the second-largest asset management company in the country.

An investment in this fund should be considered only as a supplement to a complete investment program for those investors willing to accept the greater risks associated with investments in China.

No bank guarantee | Not FDIC insured | May lose value

© 2014 Deutsche Asset & Wealth Management. All rights reserved. DBX001040 EXP 9/15 R-035638-1.3