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DeAWM takes steps to accommodate investor demand for ASHR and ASHS ETFs

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Due to high investor demand, the Deutsche X-trackers Harvest CSI 300 China A-Shares ETF (ASHR) and Deutsche X-trackers Harvest CSI 500 China A-Shares Small Cap ETF (ASHS) are approaching the limit of their currently available RQFII quota for purchasing China A shares securities. 

As a result, effective 24 November, 2014, 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.

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