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Epstein File EFTA01458247: Asset (DS10)

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This document is a Deutsche Asset & Wealth Management investment report dated August 18, 2015, containing asset allocation analysis and portfolio forecasting information. It presents a balanced model portfolio with allocations across commodities, alternatives, equities, and fixed income asset classes. The document provides investment traffic lights and key forecasts for portfolio management purposes.

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Nine positions Focus The big picture Investment traffic lights **Asset**-class perspectives Portfolio High-conviction ideas Nine positions Our key forecasts
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**Asset** allocation of our balanced on track. model portfolio: Commodities Atternatives" 1.0% the $ des Equities mm² Shine Fixed income .
Excerpt 3
Source: Deutsche **Asset** & Wealth Management Investment GmbH, as of 8/18/15 2 Were CIO Vaw I Americas Edition September 2015 CONFIDENTIAL - PURSUANT TO FED

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