Risk Considerations

Investors should note that Deutsche Invest Funds are generally not capital protected or guaranteed and investors in each Deutsche Invest Funds should be prepared and able to sustain losses up to the total capital invested. The value of an investment in a Deutsche Invest Funds may go down as well as up and past performance is not a reliable indicator of future results. Investment in any Deutsche Invest Funds involves numerous risks, for a list of related risks please click here.

ALERT!

Deutsche Bank has received reports that the Deutsche Bank name and brand are being misused to facilitate an investment fraud scam, whereby members of the public receive calls from someone purporting to be a Deutsche Bank DWS Global Wealth Management employee offering minimum £10,000 investments in a one year DWS Corporate Bond offering high rates of return. The fraudsters are using names, telephone numbers and email addresses not affiliated to Deutsche Bank.
If you have concerns then please contact Deutsche Bank via our switchboard. If you have been the victim of fraud then please report the matter to the Police, via Action Fraud reporting line on 0300 123 2040.

Important information

Terms & Conditions

Copyright © 2017

Introduction

BEFORE ENTERING THIS WEBSITE (THE “WEBSITE”), PLEASE READ CAREFULLY THE FOLLOWING IMPORTANT TERMS AND CONDITIONS (THE "TERMS") THAT GOVERN YOUR ACCESS TO, AND USE OF, THIS WEBSITE, AND ACKNOWLEDGE YOUR AGREEMENT TO THEM. IF YOU AGREE TO THE TERMS, CLICK "ACCEPT" AT THE END OF THESE TERMS TO ENTER THIS WEBSITE. IF YOU CLICK "LEAVE PAGE" YOU WILL NOT BE ABLE TO ACCESS THIS WEBSITE. THESE TERMS ARE A BINDING AGREEMENT BETWEEN YOU AND DEUTSCHE ASSET MANAGEMENT (UK) LIMITED, AND GOVERN YOUR ACCESS AND USE OF THE WEBSITE.

FOR PROFESSIONAL INVESTORS ONLY

THE CONTENT HEREIN IS RESTRICTED TO PROFESSIONAL INVESTORS, SUCH AS BANKS, INVESTMENT ADVISERS, PENSION FUNDS, INVESTMENT FUNDS, INSURANCE COMPANIES AND SIMILAR INSTITUTIONS AND IS NOT INTENDED FOR RETAIL INVESTORS. BY AGREEING TO THESE TERMS THE USER CONFIRMS AND ACKNOWLEDGES THAT HE/SHE IS ACTING IN HIS/HER CAPACITY AS A PROFESSIONAL INVESTOR OR REPRESENTING A PROFESSIONAL INVESTOR AND IS NOT ACTING IN A RETAIL CAPACITY.

YOU (THE "USER") AGREE NOT TO UNDERTAKE ANY ACT OR OMISSION THAT WOULD CONSTITUTE A BREACH OF THESE TERMS AND REPRESENT AND WARRANT THAT YOU ARE LEGALLY PERMITTED TO ACCESS AND USE THE WEBSITE.WHERE YOU USE THIS WEBSITE ON BEHALF OF YOUR EMPLOYER OR AN ORGANISATION, YOU REPRESENT AND WARRANT THAT YOU ARE AUTHORISED BY SUCH EMPLOYER OR ORGANISATION TO ACCESS AND USE THE WEBSITE AND AGREE TO THE TERMS ON THEIR BEHALF. IN SUCH CIRCUMSTANCES, EXCEPT WHERE EXPRESSLY PROVIDED TO THE CONTRARY “USER” SHALL REFER TO A USER AND ITS EMPLOYER OR THE ORGANISATION ON WHOSE BEHALF THE USER USES THE WEBSITE JOINTLY AND SEVERALLY.

THIS WEBSITE IS PROVIDED BY DEUTSCHE ASSET MANAGEMENT (UK) LIMITED (REGISTERED IN ENGLAND AND WALES COMPANY NUMBER 05233891), WHICH IS AUTHORISED AND REGULATED BY THE FCA (FCA REGISTRATION NUMBER 429806). DEUTSCHE ASSET MANAGEMENT (UK) LIMITED’S REGISTERED OFFICE IS AT 1 GREAT WINCHESTER STREET, LONDON EC2N 2DB. DEUTSCHE ASSET MANAGEMENT IS THE BRAND NAME OF THE ASSET MANAGEMENT BUSINESS OF DEUTSCHE BANK AG.
THIS WEBSITE IS CURRENTLY INTENDED FOR THOSE USERS WHO ACCESS IT FROM WITHIN THE UNITED KINGDOM. BECAUSE OF THIS, DEUTSCHE ASSET MANAGEMENT CANNOT GUARANTEE THAT THE WEBSITE OR THE INFORMATION WITHIN IT COMPLIES WITH OR IS APPROPRIATE FOR USE IN OTHER COUNTRIES AND ACCORDINGLY IT SHOULD ONLY BE USED BY USERS WHO ACCESS IT FROM WITHIN THE UNITED KINGDOM. FOR REGULATORY REASONS, IF YOU ARE NOT LOCATED IN THE UNITED KINGDOM YOU SHOULD NOT ACCESS THE WEBSITE.

DEUTSCHE ASSET MANAGEMENTACCEPTS NO LIABILITY FOR ANY DAMAGE OR LOSS INCLUDING LOSS OF PROFIT (DIRECT OR INDIRECT), CONSEQUENTIAL, SPECIAL OR INDIRECT LOSS, OR LOSS OF OPPORTUNITY, CUSTOMERS, CONTRACTS, REPUTATION OR GOODWILL, IN RESPECT OF THE USE OF THIS WEBSITE OR ITS CONTENT. HOWEVER, DEUTSCHE ASSET MANAGEMENT (UK) DOES NOT EXCLUDE OR RESTRICT ANY LIABILITY THAT IT MAY HAVE UNDER THE FCA RULES AND ANY OTHER APPLICABLE LAWS OR REGULATIONS IN ENGLAND OR WALES. DEUTSCHE ASSET MANAGEMENT DOES NOT RESTRICT ITS LIABILITY FOR PERSONAL INJURY OR DEATH RESULTING FROM ITS NEGLIGENCE, FOR FRAUD OR FOR ANY MATTER WHICH IT WOULD BE ILLEGAL FOR IT TO EXCLUDE OR TO ATTEMPT TO EXCLUDE ITS LIABILITY.

THESE MATERIALS AND ANY FUNDS DESCRIBED ON THIS WEBSITE ARE NOT BEING OFFERED OR TARGETED TO US PERSONS (AS DEFINED BELOW).

No offer

Nothing contained on this website should be considered as an offer to purchase any of the funds described on the website. Consequently, the information on this website does not constitute, and may not be used for the purposes of, an offer to acquire or sell any fund shares or units to any person in any jurisdiction. Pricing levels and valuations published on this website are indicative and this and other information displayed on this website is for information purposes only.

No investment advice

Information made available on this website should not be considered as legal, tax, investment or securities advice or any form of recommendation to purchase funds or services described on this website or any opinion regarding the appropriateness of any investment. You should seek professional advice on all of the foregoing before making any investment decision.

Prospectus, Supplement, Key Investor Information document or other applicable offering document (“Offering Documents”)

Full details of the fund/s can be found in the Offering Documents supplemented in each case by the most recent audited annual report and the most recent half-year report, if the latter report is more recent than the most recently available annual report. Offering Documents referring to a specific fund (including sub-funds) are available in English on this website. Users should carefully read the information contained in such documents (including the latest version of the Key Investor Information document) before making any investment decision.

Historical performance

Past performance information (either actual or simulated) contained on this website is not a reliable indicator of future results.

No warranties for contents

Although reasonable care has been used to ensure that the information set out on this website is reliable, no warranty is made as to its accuracy, completeness and adequacy. Any opinions expressed reflect the current view of Deutsche Asset Management, in its capacity as distributor, which may change without notice.

Use of the website

Deutsche Asset Management reserves the right to partly or completely change the website at any time and to restrict, interrupt or terminate its service without prior notice.

Changes of Terms

Deutsche Asset Management  reserves the right to modify or amend these terms at any time and  invites you to consult these terms and conditions from time to time to familiarise yourself with the changes.

Copyright

Content and design of the website are the property of Deutsche Asset Management and are protected by copyright. Any copying, publication, reproduction, distribution, re-transmission, assigning or use of any portion of the website or of its content requires the prior written consent of Deutsche Asset Management.

Privacy and Cookies

Deutsche Asset Management respects your privacy. Personal data collected when visiting this Website are processed in accordance with applicable data protection law.

You agree that where you provide your name and contact details and request information on our products, we may send you such information, including by email. You can request us at any time to stop sending such information.

By entering this website, you acknowledge and agree that Deutsche Asset Management may place cookies on the device via which you access the website. These cookies are either strictly necessary to provide you with the services you have requested or give us anonymised data about your use of the website This includes details such as the website from which you accessed the website, the duration of your visit and the pages you viewed. Such information, which will not include your name, helps us improve the performance and content of the websites. The website also records (for up to a maximum of one year) which country you are interested in, and whether you have indicated you are accessing the website as a retail or a professional investor. You can block or delete cookies from your computer - simply refer to your browser’s help function.

Please read the section “Privacy Policy” under the heading "Additional Information" on the website for more information.

Safety of Communication

Communications over the internet and by e-mail cannot be guaranteed to be secure. There is a risk that information contained within an e-mail communication and any attachment thereto, including potentially confidential information, may be intercepted, lost, destroyed, corrupted or delayed in transmission. Although Deutsche Asset Management will use reasonable efforts to minimise such risk, it does not warrant that any communication or e-mail or any attachments thereto, that is sent out, will be free from viruses, worms or other harmful components.

Hyperlinks

Certain hypertext links on the website may lead the user to websites that are not under the control or charge of Deutsche Asset Management. When the user clicks on such a link, he/she leaves this website. Deutsche Asset Management is not responsible with respect to any material contained in or conducted through any other third party website.

Governing Law

These terms and any non-contractual obligations arising out of or in connection with them are exclusively governed by and shall be construed in accordance with the laws of England and Wales.

Jurisdiction

All Users are subject to the exclusive jurisdiction of the courts of England and Wales in respect of any disputes arising under these terms, including a dispute relating to non-contractual obligations arising out of or in connection with these terms.

Other agreements

If at any time any provision (or part of any provision) of these Terms is, or becomes, illegal, invalid or unenforceable in any respect under the law of any jurisdiction, that shall not affect the legality, validity or enforceability in that or any other jurisdiction of any other provision (or any other part of such provision) of these terms.

Selling restrictions

The products described on this Website are not eligible for sale in all countries. The Offering Documents contain information as to the selling restrictions applicable to any particular fund and the User should read them carefully.

In particular, the following restrictions apply:

Residents of the United States of America:

The information set out on this website is not directed to the United States of America. US persons (as defined in Regulation S under the US Securities Act 1933) and persons resident in the United States may not enter the website. Information from this website may not be distributed or redistributed into the United States or into any jurisdiction where it is not permitted. Any securities described on this website have not been and will not be registered under the US Securities Act of 1933 as amended and trading in the securities has not been approved for purposes of the US Commodities Exchange Act of 1936. The securities may not be offered or sold in the United States, to US persons or persons resident in the United States of America.

The funds described on this website are only offered or sold to persons in jurisdictions, if and to the extent that applicable law permits.

Potential Conflicts

It may be that companies of the Deutsche Bank Group (which means a member of a group of companies controlled by Deutsche Bank AG) and /or administrative boards or employees of companies in the Deutsche Bank Group have/had units or positions in the relevant funds listed on this website. Furthermore, it is also possible that the companies of the Deutsche Bank Group and/or administrative boards or employees of companies of the Deutsche Bank Group and/or administrative boards or employees of companies of the Deutsche Bank Group have /had a connection to the relevant funds, provide/provided these funds with corporate finance or other services or serve/served as directors on management boards/relevant companies.

Telephone recording

Telephone calls to Deutsche Asset Management (UK) Limited may be recorded. Such telephone recordings are the property of Deutsche Asset Management (UK) Limited.

Additional Information

The information on this website relating to securities and financial services has been reviewed exclusively as to compliance with the laws of England & Wales. In other jurisdictions, the furnishing of any such information may be restricted by law. The information on this website is not intended for persons or entities resident, located or registered in jurisdictions that restrict the distribution of such material. Consequently, the information on this website does not constitute, and may not be used for the purposes of, an offer to acquire or sell any securities to any person in any jurisdiction:

  1. 1. in which any such offer is not authorised;
    2. in which Deutsche Asset Management  is not qualified to make such offer; or
    3. on which it is unlawful to make any such offer.
  2.  
  3. Anyone accessing this website from a jurisdiction in which any such restrictions apply should inform themselves about, and observe such restrictions. If you are a person located in any jurisdiction where there are restrictions on the type of person who may access information on this website, by entering this website, you will be undertaking, warranting and representing to Deutsche Asset Management that you are not causing Deutsche Asset Management to breach any of those restrictions by your accessing of the website.
  4.  
  5. The securities referred to on this website have not been and will not be registered under the United States Securities Act of 1933 , as amended, and may not be offered or sold within the United States except pursuant to any exemption from, or within the framework of a transaction not subject to, the registration requirements of the Securities Act.
  6.  
  7. Therefore, the securities described in this website may not be sold to U.S. nationals or US persons or otherwise be transferred to the United States of America unless the relevant transaction is not subject to registration requirements under U.S. law.
  8.  
  9. Deutsche Asset Management shall not be liable for any information contained in or activities conducted through the websites of any other companies which are hyperlinked to the website of Deutsche Asset Management.