FWP 1 dp16711_fwp-pro.htm FORM FWP
 


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Invesco
PowerShares         Leading the Intelligent ETF Revolution(r)

                                                      Filed pursuant to Rule 433
                                           Registration Statement No. 333-162195
                                                             Dated March 3, 2010





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 Deutsche Bank AG, London Branch has filed a registration statement (including
 a prospectus) with the SEC for the offering to which this communication
 relates. Before you invest, you should read the prospectus and other documents
 filed by Deutsche Bank AG, London Branch for more complete information about
 the issuer and this offering. You may get these documents for free by visiting
 dbfunds.db.com or EDGAR on the SEC website at www.sec.gov. Alternatively, you
 may request a prospectus by calling 800.983.0903, or you may request a copy
 from any dealer participating in this offering.

 The PowerShares DB ETNs are not suitable for all investors and should be
 utilized only by sophisticated investors who understand leverage risk,
 consequences of seeking monthly leveraged investment results and intend to
 actively monitor and manage their investments. Investing in the ETNs is not
 equivalent to a direct investment in the index or index components because the
 current principal amount (the amount you invested) is reset each month,
 resulting in the compounding of monthly returns. The principal amount is also
 subject to the investor fee, which can adversely affect returns. The amount
 you receive at maturity (or upon an earlier repurchase) will be contingent
 upon each monthly performance of the index during the term of the securities.
 There is no guarantee that you will receive at maturity, or upon an earlier
 repurchase your initial investment back or any return on that investment.
 Significant adverse monthly performances for your securities may not be offset
 by any beneficial monthly performances.

 Certain marketing services may be provided for these products by Invesco Aim
 Distributors, Inc. or its affiliate, Invesco PowerShares Capital Management
 LLC. Neither firm is affiliated with Deutsche Bank.

 PowerShares(R) is a registered trademark of Invesco PowerShares Capital
 Management LLC. Invesco PowerShares Capital Management LLC is an indirect,
 wholly owned subsidiary of Invesco Ltd.

 An investor should consider the Securities' investment objective, risks,
charges and expenses carefully before investing.