Themes for UHNW investors I. Sources of current income II. Hard assets III. Transitional capital IV. Uncorrelated/risk management V. Current tactical ideas Deutsche Asset e, Manaoeir For U.S. Key Client Partners (KCP) Clients Only to CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0060501 SDNY GM_00206685 EFTA01368642