Deutsche Asset & Wealth Management Increases Creation Limit for ASHR

Deutsche Asset & Wealth Management today announced that, effective immediately, the creation limit for Deutsche X-trackers Harvest CSI 300 China A-Shares ETF (NYSE Arca:ASHR) (the “Fund”) will increase from the previous limit of one creation unit per day to five creation units per day. The Fund will continue to utilize this new creation units limit for ASHR in order to manage the RQFII quota for purchasing China A shares securities. As a result:

• ASHR will now accept five creations units each day, where each creation unit is comprised of 50,000 shares. This is an increase from the previous limit of one creation unit per day, announced on November 13, 2014.
• Deutsche Asset & Wealth Management and the Fund’s sub-advisor, Harvest Global Investments Limited, have worked with the Chinese authorities, as well as various other sources, to increase the RQFII quota for the Fund, 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, but there is no assurance that such a future increase will be granted or will be sufficient to meet investor demand.
• Redemption orders for the Fund will continue to be accepted in the ordinary course of business as described in the Fund’s prospectus.
• As previously announced on November 13, 2014, Deutsche X-trackers Harvest CSI 500 China A-Shares Small Cap ETF (NYSE Arca:ASHS) will continue to accept one creation unit, comprised of 50,000 shares, each day.

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

Deutsche Bank AG Press & Media Relations
Konstantin Shishkin
Phone: +1 (212) 250-0128
E-Mail: konstantin.shishkin@db.com

Deutsche Asset & Wealth Management

With $1.27 trillion of assets under management (as of September 30, 2014), 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 Asset & Wealth Management is the brand name of the Asset Management and Wealth Management division of the Deutsche Bank Group. The legal entities offering products or services under the Deutsche Asset & Wealth Management brand are listed in contracts, sales materials and other product information documents.

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.

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

The Deutsche X-trackers Harvest CSI 300 China A-Shares ETF (NYSE ticker:ASHR) seeks investment results that correspond generally to the performance, before fees and expenses, of the CSI 300 Index. The CSI 300 Index is designed to reflect the price fluctuation and performance of the China A-share market and is composed of the 300 largest and most liquid stocks in the China A-share market.

The Deutsche X-trackers Harvest CSI 500 China A-Shares Small Cap ETF (NYSE ticker:ASHS) seeks investment results that correspond generally to the performance, before fees and expenses, of the China Securities 500 Index (CSI 500 Index). The index aims to track 500 small cap companies listed 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. Uncertainties in the Chinese tax rules governing taxation of income and gains from investments in A-shares could result in unexpected tax liabilities for the Funds which may reduce the Funds returns. 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 ETFs. Deutsche X-Trackers ETFs are distributed by ALPS Distributors, Inc. The ETFs are 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

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.

© 2014 Deutsche Asset & Wealth Management. All rights reserved.

R-036723-1.2. DBX001156 EXP 1/15.