Deutsche Bank plans market contribution notes tied to Allocator index

By Angela McDaniels

Tacoma, Wash., Sept. 16 - Deutsche Bank AG, London Branch plans to price 0% market contribution securities due Oct. 3, 2013 linked to the Deutsche Bank Allocator Total Return index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus the index return, which could be positive or negative, less an adjustment factor of approximately 1% per year. Investors will lose some or all of their investment if the index does not increase by at least 3%.

The notes will be putable on Oct. 11, 2011 and Oct. 3, 2012. The payout will be determined in the same way as at maturity.

The index is intended to reflect the effect of a dynamic allocation strategy in respect of the Deutsche Bank Mean Reversion Enhanced Excess Return After Cost index and the Deutsche Bank Commodity Harvest USD Excess Return After Cost index. The allocation of the index to the base indexes, which is reset monthly, is based on a momentum algorithm that aims to offer upside exposure to commodities while limiting potential downside exposure.

The notes (Cusip: 2515A07B3) are expected to price Sept. 30 and settle Oct. 5.

Deutsche Bank Securities Inc. is the agent.

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