Deutsche Bank Announces Distributions for db-X MSCI Currency-Hedged Equity Funds

  Deutsche Bank Announces Distributions for db-X MSCI Currency-Hedged Equity

Business Wire

NEW YORK -- December 18, 2012

Deutsche Bank’s db-X Group today announced per share distribution amounts
payable to shareholders of record as of December 21, 2012 for each of the
following db-X MSCI Currency-Hedged Equity Funds. The distribution amounts are
as follows:

                                                               Net            Net
                                                                               Realized           Realized
                                       Per-Share            Net                Short-Term         Long-Term
Fund Name           Symbol     Distribution     Income         Capital        Capital
                                                                               Gains              Gains
db-X MSCI Japan
Currency-Hedged     DBJP       $0.261626        $0.261626      $0             $0
Equity Fund
Brazil              DBBR       $1.521600        $0.215434      $0.037789      $1.268377
Equity Fund
Canada              DBCN       $0.740639        $0.314842      $0.            $0.425797
Equity Fund
Currency-Hedged     DBEF       $2.703369        $0.298714      $0.651034      $1.753621
Equity Fund
Markets             DBEM       $0.422804        $0.173555      $0.            $0.249249
Equity Fund

The amount of per-share distribution by each of the funds estimated above was
based upon the number of shares outstanding for each fund as of the close of
business on December 14, 2012. The distributions are payable to shareholders
of record as of December 21, 2012 and will be paid on December 28, 2012. These
distributions represent DBX Advisor LLC’s estimate of the amount by which each
of the db-X MSCI Currency-Hedged Equity Funds’ income exceeded its expenses in
2012. All estimates are subject to change due to Fund creation unit purchase
or redemption activity through each Fund’s Ex-Date. The Ex-Date or the date
when the NAV of each Fund’s shares will be adjusted by the amount of the
distribution is December 19, 2012.

The ETFs are distributed by ALPS Distributors, Inc. (“ALPS”). DBX Strategic
Advisors LLC (“DBX”) is the investment advisor to the ETFs. DBX is a
subsidiary of Deutsche Bank AG, neither of which is affiliated with ALPS.

MSCI and MSCI Index are servicemarks of MSCI Inc. and have been licensed for
use by DBX. The ETFs are not sponsored, endorsed, issued, sold or promoted by
MSCI, nor does MSCI make any representation regarding the advisability of
investing in the ETFs.

Past performance does not guarantee future results.


Investing involves risk, including possible loss of principal. Funds that
invest in specific countries or geographic regions may be more volatile than
investing in broadly diversified funds. Securities focusing on a single
country may be more volatile. In addition to the normal risks associated with
investing, international investments may involve risk of capital loss from
unfavorable currency fluctuations, from differences in generally accepted
accounting principles or from economic or political instability in other
nations. Emerging markets involve heightened risks related to the same factors
as well as increased volatility and lower trading volume. Investments in
currency involve additional special risks, such as credit risk, interest rate
fluctuations, derivative investment risk including increased volatility and
less liquidity, and the effect of varied economic conditions. Under certain
circumstances, the fund may be unsuccessful in hedging the fund’s currency

An investor should consider the db-X MSCI Currency-Hedged Equity Funds’
investment objectives, risks, charges and expenses carefully before investing.
For this and more complete information about the db-X MSCI Currency-Hedged
Equity Funds, call 877-369-4617 or visit for a copy of the
applicable prospectus. Please read the prospectus carefully before investing.

About db-X

Deutsche Bank’s db-X Group is among the world's leading providers of
exchange-traded products with currently more than 200 products totaling over
$70 billion in assets under management in the United States, Europe and Asia.

Leveraging Deutsche Bank’s global expertise and resources, db-X provides both
retail and institutional investors with professional and innovative investment
products across asset classes and markets.

Deutsche Bank’s db-X Group has been driving innovation. db-X was the first to
bring broad-based commodity exposure via exchange-traded funds to the US
marketplace and continues to offer some of the most innovative, efficient and
transparent investment tools.


Deutsche Bank AG
Amanda Williams, +1-212-250-1499
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