0. April 15, 2017
Deutsche Asset & Wealth Management International GmbH Investment Management Team
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1. Deutsche Asset & Wealth Management International GmbH Investment Management Team:
The European Equity Fund, The New Germany Fund, and The Central Europe, Russia & Turkey Fund
Asoka Woehrmann
Global CIO
Manfred Bauer
Global COO for CIO
Georg Schuh
Global Chief Strategist
Germany Funds CIO View
Petra Pflaum
EMEA Head of Equities
Julia Lehmann
COO for CIO Germany
Gerd Kirsten
Portfolio Manager
European Equity Fund
Sylwia Szczepek
Portfolio Manager
Central Europe, Russia & Turkey Fund
Philipp Schweneke
Portfolio Manager
New Germany Fund
Frank Kuemmet
Deputy Portfolio Manager
European Equity Fund
Sebastian Kahlfeld
Deputy Portfolio Manager
Central Europe,
Russia & Turkey Fund
Petra Pflaum
Deputy Portfolio Manager
New Germany Fund
Germany Funds Team

2. Deutsche AWM CEEMEA Team Frankfurt Stability and cohesion
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
Team Member
Nationality
Deutsche AWM
Sebastian Kahlfeld (Team head)
German
Core products: DWS Türkei, Deutsche Invest Africa
Warburg Invest
Griffin Capital Man.
Odeniyaz Dzhaparov
Turkmen
Core products: DWS Russia, DWS Osteuropa
Credit Suisse
DAWM
Sylwia Szczepek
Polish
Core products: DWS Osteuropa, DWS Türkei
Prop. Trading CEEMEA
Core: CEE
Mi Dya Kim
Russian
Core Coverage: CEE, Russia
Robert Kalin
American
Core products: CEE
Jens Schleuniger
Swiss
Core products:
Deutsche Invest Africa
Steffen Gruschka
German/Polish
As of January 2015

3. The Central Europe, Russia and Turkey Fund, Inc.
until
Current
Lead Portfolio Manager
Rainer Vermehren
Odeniyaz Dzhaparov
Sylwia Szczepek
Deputy Portfolio Manager
n/a
Sebastian Kahlfeld
Fund Advisor
Robert Kalin
Deputy Fund Advisor
Additional Frankfurt CEEMEA Staff
Mi Dya Kim

4. The European Equity Fund, Inc.
until
Current
Lead Portfolio Manager
Rainer Vermehren
Gerd Kirsten
Deputy Portfolio Manager
n/a
Frank Kuemmet
Fund Advisor
Deputy Fund Advisor
Additional Frankfurt Europe Team Staff
 26 PMs
26 PMs
28 PMs
29 PMs
30 PMs

5. The New Germany Fund The New Germany Fund, Inc. until 12.31.2011
Current
Lead Portfolio Manager
Rainer Vermehren
Philipp Schweneke
Deputy Portfolio Manager
n/a
Petra Pflaum
Fund Advisor
Deputy Fund Advisor
Raik Hoffmann
Additional Frankfurt German & Small Caps Staff
 Philipp Schweneke, Valerie Schüler, Christoph Ohme, Tim Albrecht
Philipp Schweneke, Valerie Schüler, Christoph Ohme, Tim Albrecht
Valerie Schüler, Christoph Ohme, Tim Albrecht

6. CEEMEA coverage responsibility Dual coverage for all investable countries
Russia: Odeniyaz Dzhaparov
Mi Dya Kim
CEE: Mi Dya Kim
Sylwia Szczepek
Turkey: Sebastian Kahlfeld
Greece: Sebastian Kahlfeld

7. Disclaimer
Risk disclaimer Closed-end funds, unlike open-end funds, are not continuously offered. There is a one time public offering and once issued, shares of closed-end funds are sold in the open market through a stock exchange. Shares of closed-end funds frequently trade at a discount to net asset value. The price of the fund’s shares is determined by a number of factors, several of which are beyond the control of the fund. Therefore, the fund cannot predict whether its shares will trade at, below or above net asset value. Investing in foreign securities presents certain risks, such as currency fluctuations, political and economic changes, and market risks. Any fund that focuses in a particular segment of the market or region of the world will generally be more volatile than a fund that invests more broadly. The Central Europe, Russia and Turkey Fund, Inc.: This fund is non-diversified and can take larger positions in fewer issues, increasing its potential risk. Obtain a prospectus To obtain a summary prospectus, if available, or prospectus, download one from talk to your financial representative or call (800) We advise you to carefully consider the product’s objectives, risks, charges and expenses before investing. The summary prospectus and prospectus contain this and other important information about the investment product. Please read the prospectus carefully before you invest. The opinions and forecasts expressed are those of Deutsche Asset & Wealth Management as of 11/1/14, and may not actually come to pass. This information is subject to change at any time, based on market and other conditions and should not be construed as a recommendation of any specific security. Deutsche Asset & Wealth Management represents the asset management and wealth management activities conducted by Deutsche Bank AG or any of its subsidiaries. Clients will be provided Deutsche Asset & Wealth Management products or services by one or more legal entities that will be identified to clients pursuant to the contracts, agreements, offering materials or other documentation relevant to such products or services. NOT FDIC/NCUA INSURED MAY LOSE VALUE NO BANK GUARANTEE NOT A DEPOSIT NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY Deutsche AWM Distributors, Inc. 222 South Riverside Plaza Chicago, IL Tel (800)
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