Important information — Changing market conditions can create fluctuations in the value of a mutual fund investment. When redeemed, a mutual fund may be worth more or less than its original cost . In addition, mutual funds are not insured nor guaranteed by an agency of the U.S. government. Mutual funds offer diversification which can help to reduce risk of loss from holding a single security, but diversification does not protect an investor from an overall decline in the market. While a money market fund seeks a stable share price, its yield fluctuates. Bond funds, unlike purchasing a bond directly, will not re-pay the principle at a set point in time . If the fund is purchased in a taxable account, taxes may have to be paid on capital gains. Investors should seek to obtain and read carefully the prospectus offered for each mutual fund considered for investment. There are fees and expenses associated with investing in mutual funds that do not usually occur when purchasing individual securities directly. An investor should consider the objectives, risks, and charges and expenses of the fund carefully before investing. The efficiencies of fund ownership may be offset by a combination of sales commissions, 12b-1 fees, redemption fees, and operating expenses. A detailed prospectus which contains important information, including the fund's investment objectives, risks, fees and expenses, will be forwarded when funds were initially invested into the Fund. Prospective clients may also contact their Client Advisor for a prospectus. Deutsche Bank may have certain conflicts of interest in recommending investments in certain funds, including the fact that we may receive 12b-1 fees and other compensation from the funds and their investment advisers and that funds may execute transactions through Deutsche Bank. —An investment in a money market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the