11 September 2015 Asset Allocation The primary author of this report BInIcy Chedhs, wishes to acknowledge the contributions made by .mbin MS Kam* Prabhu, Mithuh Kumar and Preath Chlthembansm, employees of Irevna, a division of CRISIL Limited, a third-perry provider of offshore research support services to Deutsche Bank Page 12 Deutsche Bank Securities Inc. CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0118634 CONFIDENTIAL SDNY_GM_00264818 EFTA01458635