SMA Preferred Securities

Spectrum's Intermediate Duration

2016 Deutsche Bank AG

The Spectrum Asset Management SMA Preferred Securities

FINRA NYSE

U.S.

the Deutsche Bank Group

Select Spectrum Asset Management I Principal Preferred Securities As

Spectrum's Intermediate Duration Preferred Securities

Morningstar

The BofA

SIPC

FDIC

Deutsche Bank AG

the United States

Merrill Lynch

SMA

Spectrum Asset Management

DeuhiChe Bank Wealth Management These

Deutsche Bank

Deutsche Bank Trust Company Amencas

Spectrum Intermediate Duration

Deutsche Bank Wealth Management

Adviser Select

Deutsche Bank Securities Inc.

Spectrum