R.C.S. Luxembourg B

Transcription

1 R.C.S. Luxembourg B Audited Annual Report as at 31 January 214 No subscription can be accepted on the basis of the financial reports. Subscriptions are only valid if they are made on the basis of the latest published prospectus accompanied by the latest annual report and the most recent semiannual report, if published thereafter., is a registered trademark of Deutsche Bank AG

2 Table of contents Management and Administration 3 Directors Report 5 Independent Auditor s Report 19 Statement of Net Assets 21 Key Figures as at 31 January Statement of Operations and Changes in Net Assets 55 Statistics 62 Statement of Investments * Commodity Euro 116 European Inflation Dynamic Aktien Plus 119 Branchen Stars 12 CROCI Germany 122 Omega 123 Commodity 129 EMLIN TM Sovereign Bond Fund 131 Agriculture Euro 132 PWM CROCI Multi Fund 134 CROCI Global Dividends 136 TT International 139 CROCI US Dividends 145 Loomis Sayles 147 Notes to the Financial Statements 153 Information to Shareholders unaudited 184 Page * No Statement of Investments for CROCI World, Commodity Harvest, Currency Returns Plus, Bonus, CROCI Sectors Fund, CROCI Asia Pacific Fund, dbxthf Equity Hedge Index Fund, dbxthf Event Driven Index Fund, dbx THF Systematic Macro Index Fund, dbxthf Credit and Convertible Index Fund and Precious Metals as at 31 January 214, due to their structure.

3 Management and Administration Registered Office 69, route d'esch L147 Luxembourg GrandDuchy of Luxembourg until 28 February , boulevard de la Foire L1528 Luxembourg GrandDuchy of Luxembourg since 1 March 214 Board of Directors Werner Burg chairman of the Board of Directors, director, Deutsche Bank Luxembourg S.A. 2, boulevard Konrad Adenauer, L1115 Luxembourg, GrandDuchy of Luxembourg KlausMichael Vogel, member of the Management Board, Deutsche Bank Luxembourg S.A. 2, boulevard Konrad Adenauer, L1115 Luxembourg, GrandDuchy of Luxembourg Freddy Brausch, partner, Linklaters LLP 35, avenue John F. Kennedy, L1855 Luxembourg, GrandDuchy of Luxembourg Alexander McKenna, Head of Systematic Funds, Deutsche Bank AG, London Branch Winchester House, 1 Great Winchester Street, London EC2N 2DB, United Kingdom since 16 April 213 Custodian RBC Investor Services Bank S.A. 14, Porte de France L436 EschsurAlzette GrandDuchy of Luxembourg Administrative Agent, Paying Agent, Domiciliary Agent and Listing Agent RBC Investor Services Bank S.A. 14, Porte de France L436 EschsurAlzette GrandDuchy of Luxembourg Registrar and Transfer Agent RBC Investor Services Bank S.A. 14, Porte de France L436 EschsurAlzette GrandDuchy of Luxembourg Management Company Advisors 2, boulevard Konrad Adenauer L1115 Luxembourg GrandDuchy of Luxembourg Distributor Deutsche Bank AG, acting through its London branch Winchester House 1 Great Winchester Street London EC2N 2DB United Kingdom 3

4 Management and Administration continued estment Managers 1 Investment Managers 1 State Street Global Advisors Limited 2 Churchill Place, Canary Wharf London E14 5HJ United Kingdom Until 11 July 213 Toscafund Asset Management LLP 7th Floor 9 Long Acre London WC2E 9RA United Kingdom Omega Advisors Inc. 88 Pine Street Wall Street Plaza 31st Floor New York, NY 15 USA TT International Moor House, Level London Wall London EC2Y 5ET United Kingdom Loomis, Sayles & Company, L.P. since 1 July 213 One Financial Center Boston, MA 2111 United States of America Independent Auditor of the Company Ernst & Young S.A. 7, rue Gabriel Lippmann Parc d Activité Syrdall 2 L5365 Munsbach GrandDuchy of Luxembourg Legal Adviser of the Company Linklaters LLP 35, avenue John F. Kennedy L1855 Luxembourg GrandDuchy of Luxembourg Capitalised terms used herein shall have the same meaning as in the current Prospectus. Investment Managers 2 1 In relation to certain SubFunds only, as further detailed in this report. 4

5 Directors Report The number of subfunds SubFunds and individually a SubFund in has decreased during the course of the fiscal year One new SubFund called Loomis Sayles was launched offering exposure to fixed income markets. In turn 8 SubFunds called Commodity Mean Reversion, Europa Gewinnstufen III, DB Platinum AIMhedge Index, Tosca Mid Cap Equity Fund, FX Concepts Global Currency Fund, Germany Covered Bond Fund, Express and dbxmacro Trading Index Fund have been liquidated/matured. Commodity Euro The Investment Objective of the SubFund is to provide the Shareholders with a return linked to the performance of the Deutsche Bank Commodity Euro Index which is intended to reflect the performance of twelve commodities from four broad commodity sectors, i.e. energy, precious metals, base metals and agriculture. The twelve index commodities are represented by futures contracts employing Deutsche Bank s proprietary optimum yield methodology to select a new futures contract for all commodities except natural gas. Date 31 January 214 Commodity Euro SubFund s Net Assets 196,676,42 Share Class R1C R1CA R2CA Number of Shares 1,533, , , NAV per Share Date 31 January 214 Commodity Euro SubFund s Net Assets 196,676,42 Share Class I1C I2C Number of Shares , NAV per Share 12, European Inflation 215 European Inflation 215 is structured to offer investors a regular payout linked to the performance of the HICP Index, reflecting the weighted average of the harmonised indices of consumer prices HICP excluding tobacco for the sixteen countries of the EuroZone reported on a monthly basis. Date 31 January 214 European Inflation 215 SubFund s Net Assets 12,223,74 Share Class R1D Number of Shares 117,999. NAV per Share

6 Directors Report continued Dynamic Aktien Plus Dynamic Aktien Plus is structured to offer investors a return linked to the performance of the DB Dynamic Aktien Plus Index, which is composed of the Deutsche Bank Euro Value Index after cost the Equity Index and of the Deutsche Bank Liquid Commodity Euro Index Mean Reversion after cost the Commodity Index. The Equity Index is intended to reflect the total return performance of twenty shares with a high dividend yield contained in the O STOXX Large Index SM. The Commodity Index is intended to reflect the performance of six commodities crude oil, heating oil, aluminium, gold, wheat and corn which at or about the Launch Date represent some of the most liquid commodities. Date 31 January 214 Dynamic Aktien Plus SubFund s Net Assets 5,5,124 Share Class R1C R1CA R1D Number of Shares 26, , NAV per Share Date 31 January 214 Dynamic Aktien Plus SubFund s Net Assets 5,5,124 Share Class I1C Number of Shares 5. NAV per Share 14,7.67 Branchen Stars Branchen Stars is structured to offer investors a return linked to the performance of the Deutsche Bank CROCI Sectors Index, which is intended to reflect the total return performance of thirty shares selected from three global economic sectors reflected in a pool of international shares. The pool covers the following sectors: Consumer Discretionary, Consumer Staples, Health Care, Information Technology, Industrials, Materials, Telecom Services, Utilities and Energy. Every month three sectors and ten shares from each of these sectors are selected on the basis of the lowest median CROCI Economic Price Earnings Ratio. Date 31 January 214 Branchen Stars SubFund s Net Assets 73,971,31 Share Class R1C R1CA R1CB Number of Shares 124, , NAV per Share Date 31 January 214 Branchen Stars SubFund s Net Assets 73,971,31 Share Class R1D I1C Number of Shares 182, NAV per Share ,75.1 6

7 Directors Report continued CROCI Germany CROCI Germany aims to track the Deutsche Bank CROCI Germany Index which is intended to reflect the total return performance of fifteen German shares selected by the Index Sponsor from a pool of German shares. From these shares a group of eligible shares, based on those shares that have a CROCI Economic Price Earnings Ratio per share that is higher than or equal to zero will be identified. From these eligible shares the fifteen shares with the lowest positive CROCI Economic Price Earnings Ratio per Share will be selected as Index Constituents. Date 31 January 214 CROCI Germany SubFund s Net Assets 21,72,662 Share Class R1C R1D R2C Number of Shares 15, ,995. 3,47.17 NAV per Share Date 31 January 214 CROCI Germany SubFund s Net Assets 21,72,662 Share Class I1C Number of Shares 86, NAV per Share Omega The Investment Objective of the SubFund is to achieve capital growth through investments in securities and other instruments. Omega Advisors Inc. will seek to achieve this by implementing a discretionary long/short investment strategy with a long bias. Although the SubFund's principal investment focus is U.S. equities, the SubFund will hold a diversified portfolio of securities including, from time to time, nonu.s. equities and bonds, currencies and securities and investment funds linked to commodities. The SubFund may also hold cash. Date 31 January 214 Omega SubFund s Net Assets 152,464,525 Share Class R1CE R1CU I1CE Number of Shares , ,81.53 NAV per Share 11, , Date 31 January 214 Omega SubFund s Net Assets 152,464,525 Share Class I1CG I1CU I2CE Number of Shares 1, , , NAV per Share GBP Date 31 January 214 Omega SubFund s Net Assets 152,464,525 Share Class I2CU Number of Shares 9, NAV per Share

8 Directors Report continued Commodity Commodity offers investors a return linked to the performance of the Deutsche Bank Commodity Index which is intended to reflect the performance of twelve commodities from four broad commodity sectors, i.e. energy, precious metals, base metals and agriculture. The twelve index commodities are represented by futures contracts employing Deutsche Bank s proprietary optimum yield methodology to select a new futures contract for all commodities except natural gas. Date 31 January 214 Commodity SubFund s Net Assets 83,89,17 Share Class R1C R1CB R1CC Number of Shares 289, ,397, ,26, NAV per Share SGD 4.88 Date 31 January 214 Commodity SubFund s Net Assets 83,89,17 Share Class R1CS I1C I2C Number of Shares 119, , ,86.19 NAV per Share CHF , GBP Date 31 January 214 Commodity SubFund s Net Assets 83,89,17 Share Class I3C I4C Number of Shares 9,5. 4, NAV per Share CHF EMLIN TM Sovereign Bond Fund The Investment Objective of the SubFund is to provide the Shareholders with a return linked to the performance of the Deutsche Bank Emerging Market Local Unhedged Index. The index is intended to reflect the total return performance of certain emerging market sovereign and quasisovereign debt instruments which comply with the index bond eligibility criteria. Date 31 January 214 EMLIN TM Sovereign Bond Fund SubFund s Net Assets 8,473,919 Share Class R1CB I1C Number of Shares 22, NAV per Share ,

9 Directors Report continued Agriculture Euro The Investment Objective of the SubFund is to provide the Shareholders with a return linked to the performance of the db Agriculture II Index. Prior to 11 June 213, the Investment Objective of the SubFund was to provide the Shareholders with a return linked to the performance of the db Agriculture Euro Index. The index is intended to capture the performance of certain commodities in the Agriculture sector via a notional investment in future contracts. The index is based on seven Optimum Yield strategies, each of which reflects the performance of a different one of the following futures markets: Corn, Wheat, Soybean, Sugar, Cotton, Coffee and Cocoa. Date 31 January 214 Agriculture Euro SubFund s Net Assets 44,337,511 Share Class R1C R1CA R1CB Number of Shares 556, , ,49.18 NAV per Share Date 31 January 214 Agriculture Euro SubFund s Net Assets 44,337,511 Share Class R1D I1C I2C Number of Shares 149, NAV per Share , CROCI World The Investment Objective of the SubFund is to provide the Shareholders with a return linked to the performance of the Deutsche Bank CROCI World Total Return Index for the Share Classes R1CU and I1CU and the Deutsche Bank CROCI World Total Return Index for the Share Classes R1CE and I1CE. Both indices are intended to reflect the performance of shares traded or listed on certain global regulated markets in Europe, Japan, Asia/Pacific, Africa/Middle East and North America. Date 31 January 214 CROCI World SubFund s Net Assets 244,58,351 Share Class R1CE R1CU I1CE Number of Shares 15, , ,165.3 NAV per Share ,48.35 Date 31 January 214 CROCI World SubFund s Net Assets 244,58,351 Share Class I1CU Number of Shares 6,522.9 NAV per Share 12,

10 Directors Report continued Commodity Harvest The Investment Objective of the SubFund is to provide the Shareholders with a return linked to the performance of the Underlying Asset for each Share Class. The index of each Share Class will be selected from a predetermined index universe composed of the db Commodity Harvest Euro Index and the db Commodity Harvest Index, db Commodity Harvest3.5 Euro Index and db Commodity Harvest3.5 Index, db Commodity Harvest1 Euro Index and db Commodity Harvest1 Index. The index universe aims to provide market neutral exposure to various commodities forming constituents of a the Deutsche Bank Commodity Booster Light Energy Benchmark Index and b the S&P GSCI TM Light Energy Index. The volatility target will vary depending on the Share Class. Date 31 January 214 Commodity Harvest SubFund s Net Assets 9,266,196 Share Class R1CE R1CU I3CE Number of Shares 11, , NAV per Share ,83.2 Date 31 January 214 Commodity Harvest SubFund s Net Assets 9,266,196 Share Class R3CE R3CU Number of Shares 2, ,654. NAV per Share Currency Returns Plus The Investment Objective of the SubFund is to provide the Shareholders with a return linked to the performance of the Underlying Asset for each Share Class. The Underlying Asset of each Share Class will be selected from a predetermined index universe composed of the Deutsche Bank Currency Returns + Funded Index, the DBCRX Funded Index and any other index added to the index universe in accordance with the fulfilment of certain eligibility criteria. The index universe aims to capture the bulk of returns in the currency markets. Investors should note that, with effect from 15 July 213, the investment policy of the SubFund was changed as follows: the OTC Swap Transactions are linked to a notional portfolio of FX forward transactions which at all times match in composition and weighting the constituents of the relevant Underlying Asset, instead of index OTC Swap Transactions in relation to the relevant Underlying Asset. Date 31 January 214 Currency Returns Plus SubFund s Net Assets 17,886,292 Share Class R1C I1C I3C Number of Shares , ,339.1 NAV per Share

11 Directors Report continued PWM CROCI Multi Fund The Investment Objective of the SubFund is to provide the Shareholders with a return linked to the performance of the Deutsche Bank PWM CROCI Multi Index. The index is intended to reflect the total return performance of a minimum of three subindices selected by Deutsche Bank Private Asset Management from a selection pool comprising of a Deutsche Bank proprietary indices based on the CROCI methodology and b an index based on the average rate of overnight deposits for Euros. The objective of the index is to reflect the performance of certain CROCI Indices and, if selected, the EONIA Index. Date 31 January 214 PWM CROCI Multi Fund SubFund s Net Assets 124,412,633 Share Class R1C Number of Shares 94,497. NAV per Share Bonus Bonus is structured to provide the Shareholders of each Share Class upon the Maturity Date of such Share Class with a range of bonus payout which is linked to the performance of different indices taken from an index universe. Each Share Class offers a variable final payout according to certain parameters, namely the Underlying Index, Maturity Date, Bonus Amount, Barrier Level and initial Reference Level, among others. Date 31 January 214 Bonus SubFund s Net Assets 22,189,132 Share Class R1C11 R1C12 Number of Shares 131, ,869. NAV per Share CROCI Sectors Fund The Investment Objective of the SubFund is to provide the Shareholders with a return linked to the performance of the Underlying Asset for each Share Class. The index of each Share Class will be selected from a predetermined index universe composed of the CROCI Sectors Index, the CROCI Sectors II Index and the CROCI Sectors III Index. The CROCI Sectors indices are intended to reflect the total return performance of thirty shares selected from a pool of shares covering the following sectors: Consumer Discretionary, Consumer Staples, Health Care, Information Technology, Industrial, Materials, Telecom Services, Utilities and Energy. Each month ten shares having the lowest positive CROCI Economic Price Earnings Ratio are selected from the three sectors with the lowest median CROCI Economic Price Earnings Ratio. Date 31 January 214 CROCI Sectors Fund SubFund s Net Assets 346,526,35 Share Class I1DA I2C I3C Number of Shares 1,. 884, , NAV per Share AUD Date 31 January 214 CROCI Sectors Fund SubFund s Net Assets 346,526,35 Share Class R3C RCE R3CN Number of Shares 428, , ,436.8 NAV per Share NOK

12 Directors Report continued CROCI Asia Pacific Fund The Investment Objective of the SubFund is to provide the Shareholders with a return linked to the performance of the Deutsche Bank CROCI Asia Pacific Index, which reflects the total return performance of the thirty shares from a selection pool having the lowest positive CROCI Economic Price Earnings Ratio. The selection pool consists of the 15 shares with the highest Free Float Market Capitalisation contained in the Morgan Stanley Capital International All Countries Asia Pacific Ex Japan Index. Date 31 January 214 CROCI Asia Pacific Fund SubFund s Net Assets 573,83 Share Class R1CB R2C I1C Number of Shares 81. 5, NAV per Share ,21. dbxthf Equity Hedge Index Fund The Investment Objective of the SubFund is to provide the Shareholders of each Share Class with a return linked to the performance of dbxthf Equity Hedge Index. The index is published by Deutsche Bank AG, London branch acting as the index sponsor and is intended to reflect the total return performance of an investment in a portfolio of hedge funds operating equity hedge strategies. Date 31 January 214 dbxthf Equity Hedge Index Fund SubFund s Net Assets 1,974,464 Share Class I1C I2C Number of Shares 37, ,27.87 NAV per Share dbxthf Event Driven Index Fund The Investment Objective of the SubFund is to provide the Shareholders of each Share Class with a return linked to the performance of the dbxthf Event Driven Index. The index is published by Deutsche Bank AG, London branch acting as the index sponsor and is intended to reflect the total return performance of an investment in a portfolio of hedge funds operating event driven strategies. Date 31 January 214 dbxthf Event Driven Index Fund SubFund s Net Assets 9,36,38 Share Class I1C I2C Number of Shares 35,. 35,5. NAV per Share

13 Directors Report continued dbxthf Systematic Macro Index Fund The Investment Objective of the SubFund is to provide the Shareholders of each Share Class with a return linked to the performance of the dbxthf Systematic Macro Index. The index is published by Deutsche Bank AG, London branch acting as the index sponsor and is intended to reflect the total return performance of an investment in a portfolio of hedge funds operating systematic macro strategies. Date 31 January 214 dbxthf Systematic Macro Index Fund SubFund s Net Assets 1,9,37 Share Class I1C I2C Number of Shares 5, ,. NAV per Share dbxthf Credit and Convertible Index Fund The Investment Objective of the SubFund is to provide the Shareholders of each Share Class with a return linked to the performance of the dbxthf Credit and Convertible Index. The index is published by Deutsche Bank AG, London branch acting as the index sponsor and is intended to reflect the total return performance of an investment in a portfolio of hedge funds operating credit and convertible strategies. Date 31 January 214 dbxthf Credit and Convertible Index Fund SubFund s Net Assets 9,48,1 Share Class I1C I2C Number of Shares 35, ,91. NAV per Share Precious Metals The Investment Objective of the SubFund is to provide the Shareholders with a return linked to the performance of the Deutsche Bank Precious Metals Spot Index TM. The index is intended to reflect the performance of spot prices in of a weighted basket of five precious metals, namely gold, silver, platinum, palladium and rhodium. Date 31 January 214 Precious Metals SubFund s Net Assets 144,194,266 Share Class R1CA R1CE R1CU Number of Shares , ,975.4 NAV per Share Date 31 January 214 Precious Metals SubFund s Net Assets 144,194,266 Share Class I1CE I1CU Number of Shares 538, , NAV per Share

14 Directors Report continued CROCI Global Dividends The Investment Objective of the SubFund is to provide the Shareholders with a return linked to the performance of the Deutsche Bank CROCI Global Dividends Total Return Index. The index is intended to reflect the performance of certain shares in the MSCI World Index. The shares comprising the Index are selected in a process that involves the application of 1 certain filters and constraints and 2 proprietary CROCI research methodology applied to certain economic criteria. This methodology applied aims to identify shares which are underpriced on the basis of their corporate economic data. Specifically, the methodology attempts to identify global shares with aboveaverage dividend yields, while focusing on sustainable dividends and avoiding companies with the lowest cash returns, highest financial leverage and highest price risk volatility. Date 31 January 214 CROCI Global Dividends SubFund s Net Assets 447,4,796 Share Class R1CA R1CE R1CG Number of Shares , ,17. NAV per Share GBP Date 31 January 214 CROCI Global Dividends SubFund s Net Assets 447,4,796 Share Class R1CU R1DE I1CE Number of Shares 263, , , NAV per Share Date 31 January 214 CROCI Global Dividends SubFund s Net Assets 447,4,796 Share Class I1CG I1CU I1DG Number of Shares 1,77. 1,446, , NAV per Share GBP GBP Date 31 January 214 CROCI Global Dividends SubFund s Net Assets 447,4,796 Share Class RCG RCE Number of Shares 5. 1,97. NAV per Share GBP TT International The Investment Objective of the SubFund is to provide capital appreciation. To achieve its Investment Objective, TT International the Investment Manager will combine a portfolio of equities, which are expected to be predominantly European, with a global macro portfolio of fixed income securities and foreign exchange positions. The combination of the two portfolios will vary, from time to time, in accordance with the Investment Manager's view of market conditions. The Investment Manager may also make other investments including commodity indices, UCITS eligible securities linked to commodities and cash deposits. Date 31 January 214 TT International SubFund s Net Assets 27,482,594 Share Class I2CE I2CG I2CU Number of Shares 2,3. 27, ,89.12 NAV per Share 19.8 GBP

15 Directors Report continued CROCI US Dividends The Investment Objective of the SubFund is to provide Shareholders with a return linked to the performance of the Deutsche Bank CROCI US Dividends Net Return Index. The Index is a rulesbased strategy investing in US shares and is intended to reflect the performance of certain shares in the S&P 5 Index. The shares comprising the Index are selected in a process that involves the application of 1 certain filters and constraints and 2 proprietary CROCI research methodology applied to certain economic criteria. This methodology applied aims to identify shares which are underpriced on the basis of their corporate economic data. Specifically, the methodology attempts to identify US shares with aboveaverage dividend yields, but focusing on sustainable dividends by avoiding companies with the lowest cash returns, highest financial leverage and highest price risk volatility. Date 31 January 214 CROCI US Dividends SubFund s Net Assets 54,734,942 Share Class R1CU R1DU I1CU Number of Shares 17, , , NAV per Share Date 31 January 214 CROCI US Dividends SubFund s Net Assets 54,734,942 Share Class I1DU Number of Shares 3,8. NAV per Share Loomis Sayles The Investment Objective of the SubFund is to provide a return in excess of the threemonth London Interbank Offered Rate in U.S. dollars with a risk volatility goal of 4%8% over market cycles. To achieve its Investment Objective, Loomis, Sayles & Company L.P., the SubFund s investment manager, will seek to identify long and short creditdriven investments in financial instruments of issuers i.e. countries, companies, etc. located throughout the world. The SubFund s strategy aims to generate value using a number of trading strategies including certain credit strategies. It employs both long and short positions using fixed income securities, derivatives and other instruments, it being understood that short positions will be achieved through derivatives only. Loomis Sayles was launched on 1 July 213. Date 31 January 214 Loomis Sayles SubFund s Net Assets 18,938,379 Share Class R1CE R1CG R1CU Number of Shares , NAV per Share 1, GBP 1, , Date 31 January 214 Loomis Sayles SubFund s Net Assets 18,938,379 Share Class I1CE I1CG I1CU Number of Shares 185, ,. 44, NAV per Share 1.92 GBP

16 Directors Report continued Loomis Sayles continued Date 31 January 214 Loomis Sayles SubFund s Net Assets 18,938,379 Share Class I2CE I2CG I2CU Number of Shares 271, , , NAV per Share GBP Tracking Difference and Tracking Error The table below contains performances differences and tracking error levels realised over the period from 1 February 213 to 31 January 214 for all SubFunds and/or Share Classes which were launched before the beginning of the financial year ending 31 January 214. As the following Share Classes were launched during the year under review, it is considered inappropriate to include the data in the table below: CROCI Sectors Fund I3C CROCI Sectors Fund R3CN CROCI Sectors Fund I1DA CROCI Sectors Fund RCE Fund Name Commodity Euro Dynamic Aktien Plus CROCI Germany Commodity Share Class Name Share Class Performance during the period Index Performance during the period Performance Difference Realized Tracking Error of the period Anticipated Tracking Error up to I1C 11.24% 11.74%.5%.33% 1.% I2C 11.24% 11.74%.5%.34% 1.% R1C 11.67% 11.74%.7%.34% 1.% R1CA 12.37% 11.74%.63%.35% 1.% R2CA 12.8% 11.74% 1.6%.37% 1.% I1C 12.29% 12.53%.24%.41%.5% R1C 11.74% 12.53%.79%.42%.5% R1CA 1.86% 12.53% 1.67%.42%.5% R1D 11.74% 12.53%.79%.42%.5% I1C 2.69% 21.34%.65%.25%.5% R1C 19.63% 21.34% 1.71%.27%.5% R2C 19.4% 21.34% 1.94%.27%.5% R1D 19.73% 21.34% 1.61%.26%.5% I1C 8.95% 11.39% 2.44% 1.9% 1.5% I2C 8.93% 11.39% 2.46% 1.1% 1.5% I3C 9.63% 11.39% 1.76% 1.13% 1.5% I4C 8.92% 11.39% 2.47% 1.33% 1.5% R1C 9.39% 11.39% 2.% 1.9% 1.5% R1CB 9.41% 11.39% 1.98% 1.64% 1.5% R1CC 9.63% 11.39% 1.76% 2.43% 1.5% R1CS 1.4% 11.39% 1.35% 1.12% 1.5% I1C 1.53% 12.8% 1.55%.94% 1.5% EMLIN Sovereign Bond Fund R1CB 11.24% 12.8%.84% 1.4% 1.5% I1C 17.91% 17.27%.64%.4% 1.% Agriculture Euro I2C 17.91% 17.27%.64%.8% 1.% R1C 18.41% 17.27% 1.14%.13% 1.% R1CA 19.7% 17.27% 1.8%.14% 1.% R1CB 18.37% 17.27% 1.1% 1.8% 1.% CROCI World R1D 18.41% 17.27% 1.14%.11% 1.% I1CE 16.28% 17.21%.93%.6%.5% R1CE 15.47% 17.21% 1.74%.11%.5% I1CU 17.2% 17.86%.84%.6%.5% R1CU 16.1% 17.86% 1.76%.13%.5% 16

17 Directors Report continued Tracking Difference and Tracking Error continued Fund Name Commodity Harvest Currency Returns Plus Share Class Name Share Class Performance during the period Index Performance during the period Performance Difference Realized Tracking Error of the period Anticipated Tracking Error up to I3CE 9.28% 8.72%.56%.5% 1.% R1CE 3.33% 2.% 1.33%.1% 1.% R1CU 3.26% 1.83% 1.43%.19% 1.% R3CE 1.48% 8.72% 1.76%.22% 1.% R3CU 1.12% 8.41% 1.71%.31% 1.% I1C.58%.34%.24%.26%.5% I3C.72%.41%.31%.9%.5% R1C 1.53%.34% 1.19%.28%.5% PWM CROCI Multi Fund R1C 12.19% 14.1% 1.82%.18%.5% CROCI I2C 18.15% 19.24% 1.9%.6%.5% Sectors Fund R3C 15.66% 17.46% 1.8%.1%.5% CROCI I1C 5.77% 5.4%.73%.1%.5% Asia Pacific Fund R1CB 6.56% 5.4% 1.52%.14%.5% R2C 6.57% 5.4% 1.53%.15%.5% dbxthf Equity Hedge Index Fund I1C I2C 7.59% 7.49% 7.85% 7.85%.26%.36%.7%.15%.5%.5% dbxthf Event Driven Index Fund I1C I2C 9.72% 9.42% 9.95% 9.95%.23%.53%.7%.17%.5%.5% dbxthf Systematic Macro Index Fund I1C I2C 6.8% 6.7% 5.85% 5.85%.23%.22%.9%.16%.5%.5% dbxthf Credit and Convertible Index Fund I1C I2C 2.95% 2.9% 3.22% 3.22%.27%.32%.6%.14%.5%.5% Precious Metals CROCI Global Dividends CROCI US Dividends R1CU 22.7% 21.21%.86%.32%.5% I1CU 21.56% 21.21%.35%.33%.5% R1CE 22.57% 21.21% 1.36%.32%.5% I1CE 22.2% 21.21%.81%.32%.5% R1CA 22.41% 21.21% 1.2%.87%.5% I1CE 14.68% 16.61% 1.93% 3.13% 1.% I1CG 1.4% 12.35% 1.95% 2.71% 1.% I1CU 15.27% 17.26% 1.99%.46% 1.% R1CU 14.37% 17.26% 2.89%.46% 1.% R1CE 13.77% 16.61% 2.84% 3.14% 1.% R1CG 9.55% 12.35% 2.8% 2.72% 1.% R1CA 13.19% 16.61% 3.42% 3.13% 1.% R1DE 13.77% 16.61% 2.84% 3.14% 1.% I1DG 1.4% 12.35% 1.95% 2.52% 1.% R1CU 2.4% 21.66% 1.62%.9% 1.% I1CU 2.7% 21.66%.96%.9% 1.% R1DU 2.5% 21.66% 1.61%.9% 1.% I1DU 2.7% 21.66%.96%.8% 1.% 17

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19 Independent Auditor s report To the Shareholders of 1113, boulevard de la Foire L1528 Luxembourg GrandDuchy of Luxembourg Following our appointment by the Annual General Meeting of the Shareholders of 16 April 213, we have audited the accompanying financial statements of and of each of its SubFunds, which comprise the Statement of Net Assets and the Statement of Investments as at 31 January 214 and the Statement of Operations and Changes in Net Assets for the year then ended, and a summary of significant accounting policies and other explanatory notes to the financial statements. Responsibility of the Board of Directors of the SICAV for the financial statements The Board of Directors of the SICAV is responsible for the preparation and fair presentation of these financial statements in accordance with Luxembourg legal and regulatory requirements relating to the preparation and presentation of the financial statements and for such internal control as the Board of Directors of the SICAV determines is necessary to enable the preparation and presentation of financial statements that are free from material misstatement, whether due to fraud or error. Responsibility of the réviseur d'entreprises agréé Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with International Standards on Auditing as adopted for Luxembourg by the Commission de Surveillance du Secteur Financier. Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance whether the financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the judgement of the réviseur d entreprises agréé, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the réviseur d entreprises agréé considers internal control relevant to the entity's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by the Board of Directors of the SICAV, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. Opinion In our opinion, the financial statements give a true and fair view of the financial position of and of each of its SubFunds as of 31 January 214, and of the results of their operations and changes in their net assets for the year then ended in accordance with Luxembourg legal and regulatory requirements relating to the preparation and presentation of the financial statements. 19

20 DB Platinum Independent Auditor s report continued Other matter Supplementary information included in the annual report has been reviewed in the context of our mandate but has not been subject to specific audit procedures carried out in accordance with the standards described above. Consequently, we express no opinion on such information. However, we have no observation to make concerning such information in the context of the financial statements taken as a whole. Ernst & Young Société anonyme Cabinet de revision agréé Luxembourg, 1 April 214 2

21 Statement of Net Assets as at 31 January 214 Commodity Euro European Inflation 215 Dynamic Aktien Plus Branchen Stars Note ASSETS Investment portfolio at market value 219,21,83 Options long position at market value Cash at bank 1,877, Amounts receivable on sale of investments Amounts receivable on subscriptions 68,728 Receivable due from swap 6,7 counterparty Interest and dividends receivable, net 2,7,22 Net unrealised gain on forward foreign 12 exchange contracts Unrealised gain on swaps 6,7 Net unrealised gain on CFD 8 Other assets TOTAL ASSETS 223,154,733 11,675,74 144,771 27,325 24,176 12,231,346 4,81,871 48,36 6, ,943 5,76,496 74,759, , ,529 26,48 4,484 75,36,332 LIABILITIES Options short position at market 14,15 value Bank overdraft Amounts payable on purchase of investments Amounts payable on redemptions 1,143,997 Payable due to swap counterparty 6,7 Interest payable Interest payable on CFD Net unrealised loss on forward foreign 12 exchange contracts Net unrealised loss on futures 13 contracts Unrealised loss on swaps 6,7 25,6,311 Net unrealised loss on CFD 8 Management fee payable 4 21,6 Performance fee payable 16 Taxes and expenses payable 63,423 Other liabilities TOTAL LIABILITIES 26,478,331 4,9 3,597 7,66 19,351 5,434 1,587 26,372 22,29 198, ,742 89,645 76,373 27, ,335,31 TOTAL NET ASSETS 196,676,42 12,223,74 5,5,124 73,971,31 The accompanying notes form an integral part of these financial statements. 21

22 Statement of Net Assets continued as at 31 January 214 CROCI Germany Omega Commodity EMLIN TM Sovereign Bond Fund Note ASSETS Investment portfolio at market value 21,631,32 Options long position at market value Cash at bank 882,55 Amounts receivable on sale of investments Amounts receivable on subscriptions 9,663 Receivable due from swap 6,7 counterparty Interest and dividends receivable, net Net unrealised gain on forward foreign 12 exchange contracts Unrealised gain on swaps 6,7 Net unrealised gain on CFD 8 Other assets 69,49 TOTAL ASSETS 22,592,87 128,991,596 27,215, , ,6 156,92,181 16,741, ,535 1,285,49 18,675,162 9,59, ,59 79,497 9,331,628 LIABILITIES Options short position at market 14,15 value Bank overdraft Amounts payable on purchase of investments Amounts payable on redemptions 849,726 Payable due to swap counterparty 6,7 Interest payable Interest payable on CFD Net unrealised loss on forward foreign 12 exchange contracts Net unrealised loss on futures 13 contracts Unrealised loss on swaps 6,7 Net unrealised loss on CFD 8 Management fee payable 4 14,595 Performance fee payable 16 Taxes and expenses payable 7,14 Other liabilities TOTAL LIABILITIES 871,425 1,974, ,237 58,883 1,461 1,33,42 144,72 95, ,336 51, ,455,656 3,897 85,612 82,627 24,543,824 79,25 25, ,585, , ,553 8,191 5,96 857,79 TOTAL NET ASSETS 21,72, ,464,525 83,89,17 8,473,919 The accompanying notes form an integral part of these financial statements. 22

23 Statement of Net Assets continued as at 31 January 214 Agriculture Euro CROCI World* Commodity Harvest* Currency Returns Plus* PWM CROCI Multi Fund Bonus* 43,711,26 123,45,32 12,998 45,928 19,799 18,579 44,24 94,513 22,18 1,462, , , ,36,783 1,22,399 18,46,917 15,852,6 575,19 45,14,38 62,296,77 246,21,867 1,24,198 18,479,496 1,17,54 124,619,11 6,367,772 11,97 22,475, , ,245 34,63 1,157,71 12,14 4,12 149,361 45,932 19,719 82, ,413 92,763 1,693, ,714 6,252 4,36 974,2 571,9 3,222 6, ,24 149,673 52,72 26,477 7,985 11, ,38 286,211 44,337, ,58,351 9,266,196 17,886, ,412,633 22,189,132 * No statements of investments as at 31 January 214 due to its structure. The accompanying notes form an integral part of these financial statements. 23

24 Statement of Net Assets continued as at 31 January 214 CROCI Sectors Fund* CROCI Asia Pacific Fund* dbxthf Equity Hedge Index Fund* dbxthf Event Driven Index Fund* Note ASSETS Investment portfolio at market value Options long position at market value Cash at bank 47,655 Amounts receivable on sale of investments Amounts receivable on subscriptions 348,829 Receivable due from swap 6,7 counterparty 22,739,318 Interest and dividends receivable, net 1 Net unrealised gain on forward foreign 12 exchange contracts Unrealised gain on swaps 6,7 143,79,527 Net unrealised gain on CFD 8 Other assets TOTAL ASSETS 347,286,33 3,861 31, , ,137 17,85 9,858,345 1,194,571 11,7,1 15,821 8,22, ,58 9,18,255 LIABILITIES Options short position at market 14,15 value Bank overdraft Amounts payable on purchase of investments Amounts payable on redemptions 325,131 Payable due to swap counterparty 6,7 32,746 Interest payable Interest payable on CFD Net unrealised loss on forward foreign 12 exchange contracts 22,84 Net unrealised loss on futures 13 contracts Unrealised loss on swaps 6,7 Net unrealised loss on CFD 8 Management fee payable 4 246,665 Performance fee payable 16 Taxes and expenses payable 133,399 Other liabilities TOTAL LIABILITIES 76, ,37 9,258 1,39 4,24 95,537 67, ,467 72,217 TOTAL NET ASSETS 346,526,35 573,83 1,974,464 9,36,38 24 * No statements of investments as at 31 January 214 due to its structure. The accompanying notes form an integral part of these financial statements.

25 Statement of Net Assets continued as at 31 January 214 dbxthf Systematic Macro Index Fund* dbxthf Credit and Convertible Index Fund* Precious Metals* CROCI Global Dividends TT International CROCI US Dividends 445,671,257 14,446,755 53,991,541 22,574 18,33 416,665 4,297, ,312 12,613, ,98 1,6 1,434,84 643, ,93 224,686 11,883,693 8,258,273 23,918, ,251 12,349 22,88 11,96,267 1,279,711 9,556,287 24,435,261 35,4 452,11,17 118,45 384,534 29,95,352 55,175, , , ,228, ,26 4,84 374,758 6,996 77,633 71,749 2,61,553 34,78 1,814, ,43 1,896, ,649 76,286 57,567, ,182 55,829 3,197 6,24, ,56 147,649 4,79,311 31,88 7,594 31, , ,929 1,612,758 39,211 19,939 44,94 1,9,37 9,48,1 144,194, ,4,796 27,482,594 54,734,942 * No statements of investments as at 31 January 214 due to its structure. The accompanying notes form an integral part of these financial statements. 25

26 Statement of Net Assets continued as at 31 January 214 Loomis Sayles Combined Note ASSETS Investment portfolio at market value 94,829,17 Options long position at market value 436,66 Cash at bank 16,233,57 Amounts receivable on sale of investments 3,441,688 Amounts receivable on subscriptions Receivable due from swap 6,7 counterparty Interest and dividends receivable, net 95,648 Net unrealised gain on forward foreign 12 exchange contracts Unrealised gain on swaps 6,7 Net unrealised gain on CFD 8 34,752 Other assets 171,664 TOTAL ASSETS 116,97,945 LIABILITIES Options short position at market 14,15 value 223,463 Bank overdraft 4,273 Amounts payable on purchase of investments 4,293,53 Amounts payable on redemptions Payable due to swap counterparty 6,7 277,552 Interest payable Interest payable on CFD 4,68 Net unrealised loss on forward foreign 12 exchange contracts 745,883 Net unrealised loss on futures 13 contracts 284,984 Unrealised loss on swaps 6,7 753,44 Net unrealised loss on CFD 8 Management fee payable 4 151,681 Performance fee payable 16 5,51 Taxes and expenses payable 37,816 Other liabilities 332,24 TOTAL LIABILITIES 7,159,566 TOTAL NET ASSETS 18,938,379 1,131,945,72 973,65 5,491,945 3,745,358 3,79,562 69,83,736 4,889,429 87, ,251,916 25, ,6 2,23,474,972 1,954, ,453 4,577,75 7,695,71 1,68, ,117 4,76, ,827 89,869,424 76,251 1,624,774 37, , , ,537,197 1,99,937,775 The accompanying notes form an integral part of these financial statements. 26

27 Key figures as at 31 January 214 Commodity Euro European Inflation 215 Dynamic Aktien Plus Branchen Stars Net asset value per share R1C R1CA R1CA R1CB R1CC CHF R1CC SGD R1CE R1CE R1CFXC R1CG GBP R1CS CHF R1CU R1CU R1D R1DE R1DU R2C R2C R2C R2CA I1C I1CC CHF I1CDB I1CE I1CE I1CG GBP I1CU I1CU I1DA AUD I1DG GBP I1DU R1C , , ,

28 Key figures as at 31 January 214 continued Commodity Euro European Inflation 215 Dynamic Aktien Plus Branchen Stars Net asset value per share R1C3 R1C4 R1C5 R1C6 R1C8 R1C9 R1C1 R1C11 R1C12 I2C I2C I2C GBP I2C I2CE I2CFXC I2CG GBP I2CU I3C I3C CHF I3CE I4C I4C I4D GBP I5D GBP R3C R3CE R3CU R5C CHF I5C CHF R2CDB R2CFXC RCG GBP RCE RCE R3CN NOK

29 Key figures as at 31 January 214 continued Commodity Euro European Inflation 215 Dynamic Aktien Plus Branchen Stars Number of shares outstanding R1C R1CA R1CA R1CB R1CC R1CC R1CE R1CE R1CFXC R1CG R1CS R1CU R1CU R1D R1DE R1DU R2C R2C R2C R2CA I1C I1CC I1CDB I1CE I1CE I1CG I1CU I1CU I1DA I1DG I1DU R1C1 1,533, , , , , , , , ,

30 3 Key figures as at 31 January 214 continued 1, Commodity Euro Number of shares outstanding R1C3 R1C4 R1C5 R1C6 R1C8 R1C9 R1C1 R1C11 R1C12 I2C I2C I2C I2C I2CE I2CFXC I2CG I2CU I3C I3C I3CE I4C I4C I4D I5D R3C R3CE R3CU R5C I5C R2CDB R2CFXC RCG RCE RCE R3CN European Inflation 215 Dynamic Aktien Plus Branchen Stars

31 Key figures as at 31 January 214 continued CROCI Germany Omega Commodity EMLIN TM Sovereign Bond Fund Net asset value per share R1C R1CA R1CA R1CB R1CC CHF R1CC SGD R1CE R1CE R1CFXC R1CG GBP R1CS CHF R1CU R1CU R1D R1DE R1DU R2C R2C R2C R2CA I1C I1CC CHF I1CDB I1CE I1CE I1CG GBP I1CU I1CU I1DA AUD I1DG GBP I1DU R1C , , , ,

32 Key figures as at 31 January 214 continued CROCI Germany Omega Commodity EMLIN TM Sovereign Bond Fund Net asset value per share R1C3 R1C4 R1C5 R1C6 R1C8 R1C9 R1C1 R1C11 R1C12 I2C I2C I2C GBP I2C I2CE I2CFXC I2CG GBP I2CU I3C I3C CHF I3CE I4C I4C I4D GBP I5D GBP R3C R3CE R3CU R5C CHF I5C CHF R2CDB R2CFXC RCG GBP RCE RCE R3CN NOK

33 Key figures as at 31 January 214 continued CROCI Germany Omega Commodity EMLIN TM Sovereign Bond Fund Number of shares outstanding R1C R1CA R1CA R1CB R1CC R1CC R1CE R1CE R1CFXC R1CG R1CS R1CU R1CU R1D R1DE R1DU R2C R2C R2C R2CA I1C I1CC I1CDB I1CE I1CE I1CG I1CU I1CU I1DA I1DG I1DU R1C1 15, ,995. 3, , , , , , , ,397, ,26, , , ,

34 Key figures as at 31 January 214 continued CROCI Germany Omega Commodity EMLIN TM Sovereign Bond Fund Number of shares outstanding R1C3 R1C4 R1C5 R1C6 R1C8 R1C9 R1C1 R1C11 R1C12 I2C I2C I2C I2C I2CE I2CFXC I2CG I2CU I3C I3C I3CE I4C I4C I4D I5D R3C R3CE R3CU R5C I5C R2CDB R2CFXC RCG RCE RCE R3CN 132, , , ,5. 4,

35 Key figures as at 31 January 214 continued Agriculture Euro CROCI World Commodity Harvest Currency Returns Plus Net asset value per share R1C R1CA R1CA R1CB R1CC CHF R1CC SGD R1CE R1CE R1CFXC R1CG GBP R1CS CHF R1CU R1CU R1D R1DE R1DU R2C R2C R2C R2CA I1C I1CC CHF I1CDB I1CE I1CE I1CG GBP I1CU I1CU I1DA AUD I1DG GBP I1DU R1C , , ,

36 Key figures as at 31 January 214 continued Agriculture Euro CROCI World Commodity Harvest Currency Returns Plus Net asset value per share R1C3 R1C4 R1C5 R1C6 R1C8 R1C9 R1C1 R1C11 R1C12 I2C I2C I2C GBP I2C I2CE I2CFXC I2CG GBP I2CU I3C I3C CHF I3CE I4C I4C I4D GBP I5D GBP R3C R3CE R3CU R5C CHF I5C CHF R2CDB R2CFXC RCG GBP RCE RCE R3CN NOK ,

37 Key figures as at 31 January 214 continued Agriculture Euro CROCI World Commodity Harvest Currency Returns Plus Number of shares outstanding R1C R1CA R1CA R1CB R1CC R1CC R1CE R1CE R1CFXC R1CG R1CS R1CU R1CU R1D R1DE R1DU R2C R2C R2C R2CA I1C I1CC I1CDB I1CE I1CE I1CG I1CU I1CU I1DA I1DG I1DU R1C1 556, , , , , , , , , , ,

38 38 Key figures as at 31 January 214 continued 72. Agriculture Euro Number of shares outstanding R1C3 R1C4 R1C5 R1C6 R1C8 R1C9 R1C1 R1C11 R1C12 I2C I2C I2C I2C I2CE I2CFXC I2CG I2CU I3C I3C I3CE I4C I4C I4D I5D R3C R3CE R3CU R5C I5C R2CDB R2CFXC RCG RCE RCE R3CN CROCI World , ,654. Commodity Harvest 161,339.1 Currency Returns Plus

39 Key figures as at 31 January 214 continued PWM CROCI Multi Fund Bonus CROCI Sectors Fund CROCI Asia Pacific Fund Net asset value per share R1C R1CA R1CA R1CB R1CC CHF R1CC SGD R1CE R1CE R1CFXC R1CG GBP R1CS CHF R1CU R1CU R1D R1DE R1DU R2C R2C R2C R2CA I1C I1CC CHF I1CDB I1CE I1CE I1CG GBP I1CU I1CU I1DA AUD I1DG GBP I1DU R1C ,21. 39

40 Key figures as at 31 January 214 continued PWM CROCI Multi Fund Bonus CROCI Sectors Fund CROCI Asia Pacific Fund Net asset value per share R1C3 R1C4 R1C5 R1C6 R1C8 R1C9 R1C1 R1C11 R1C12 I2C I2C I2C GBP I2C I2CE I2CFXC I2CG GBP I2CU I3C I3C CHF I3CE I4C I4C I4D GBP I5D GBP R3C R3CE R3CU R5C CHF I5C CHF R2CDB R2CFXC RCG GBP RCE RCE R3CN NOK

41 Key figures as at 31 January 214 continued PWM CROCI Multi Fund Bonus CROCI Sectors Fund CROCI Asia Pacific Fund Number of shares outstanding R1C R1CA R1CA R1CB R1CC R1CC R1CE R1CE R1CFXC R1CG R1CS R1CU R1CU R1D R1DE R1DU R2C R2C R2C R2CA I1C I1CC I1CDB I1CE I1CE I1CG I1CU I1CU I1DA I1DG I1DU R1C1 94,497. 1, ,

42 Key figures as at 31 January 214 continued PWM CROCI Multi Fund Bonus CROCI Sectors Fund CROCI Asia Pacific Fund Number of shares outstanding R1C3 R1C4 R1C5 R1C6 R1C8 R1C9 R1C1 R1C11 R1C12 I2C I2C I2C I2C I2CE I2CFXC I2CG I2CU I3C I3C I3CE I4C I4C I4D I5D R3C R3CE R3CU R5C I5C R2CDB R2CFXC RCG RCE RCE R3CN 131, , , , , , ,

43 Key figures as at 31 January 214 continued dbxthf Equity Hedge Index Fund dbxthf Event Driven Index Fund dbxthf Systematic Macro Index Fund dbxthf Credit and Convertible Index Fund Net asset value per share R1C R1CA R1CA R1CB R1CC CHF R1CC SGD R1CE R1CE R1CFXC R1CG GBP R1CS CHF R1CU R1CU R1D R1DE R1DU R2C R2C R2C R2CA I1C I1CC CHF I1CDB I1CE I1CE I1CG GBP I1CU I1CU I1DA AUD I1DG GBP I1DU R1C

44 Key figures as at 31 January 214 continued dbxthf Equity Hedge Index Fund dbxthf Event Driven Index Fund dbxthf Systematic Macro Index Fund dbxthf Credit and Convertible Index Fund Net asset value per share R1C3 R1C4 R1C5 R1C6 R1C8 R1C9 R1C1 R1C11 R1C12 I2C I2C I2C GBP I2C I2CE I2CFXC I2CG GBP I2CU I3C I3C CHF I3CE I4C I4C I4D GBP I5D GBP R3C R3CE R3CU R5C CHF I5C CHF R2CDB R2CFXC RCG GBP RCE RCE R3CN NOK

45 Key figures as at 31 January 214 continued dbxthf Equity Hedge Index Fund dbxthf Event Driven Index Fund dbxthf Systematic Macro Index Fund dbxthf Credit and Convertible Index Fund Number of shares outstanding R1C R1CA R1CA R1CB R1CC R1CC R1CE R1CE R1CFXC R1CG R1CS R1CU R1CU R1D R1DE R1DU R2C R2C R2C R2CA I1C I1CC I1CDB I1CE I1CE I1CG I1CU I1CU I1DA I1DG I1DU R1C1 37, ,. 5, ,

46 Key figures as at 31 January 214 continued dbxthf Equity Hedge Index Fund dbxthf Event Driven Index Fund dbxthf Systematic Macro Index Fund dbxthf Credit and Convertible Index Fund Number of shares outstanding R1C3 R1C4 R1C5 R1C6 R1C8 R1C9 R1C1 R1C11 R1C12 I2C I2C I2C I2C I2CE I2CFXC I2CG I2CU I3C I3C I3CE I4C I4C I4D I5D R3C R3CE R3CU R5C I5C R2CDB R2CFXC RCG RCE RCE R3CN 45, ,5. 5,. 35,91. 46

47 Key figures as at 31 January 214 continued Precious Metals CROCI Global Dividends TT International CROCI US Dividends Net asset value per share R1C R1CA R1CA R1CB R1CC CHF R1CC SGD R1CE R1CE R1CFXC R1CG GBP R1CS CHF R1CU R1CU R1D R1DE R1DU R2C R2C R2C R2CA I1C I1CC CHF I1CDB I1CE I1CE I1CG GBP I1CU I1CU I1DA AUD I1DG GBP I1DU R1C

48 Key figures as at 31 January 214 continued Precious Metals CROCI Global Dividends TT International CROCI US Dividends Net asset value per share R1C3 R1C4 R1C5 R1C6 R1C8 R1C9 R1C1 R1C11 R1C12 I2C I2C I2C GBP I2C I2CE I2CFXC I2CG GBP I2CU I3C I3C CHF I3CE I4C I4C I4D GBP I5D GBP R3C R3CE R3CU R5C CHF I5C CHF R2CDB R2CFXC RCG GBP RCE RCE R3CN NOK