The objective of the investment policy of DB Global Equity Strategy is to generate the highest possible return in USD. The sub-fund is actively managed and is not managed with reference to a benchmark. The sub-fund invests worldwide in securities, money market instruments, UCITS and other UCIs (including exchange traded funds (ETF), derivatives and deposits with credit institutions. At least 90% of the sub-fund’s net assets are invested in equities and equity funds including exchange traded funds (ETF).