Exhibit 6(b) under Form N-1A
Exhibit 1 under Item 601/Reg. S-K
MUTUAL FUNDS
SALES AND SERVICE
AGREEMENT
This Agreement is entered into among the financial institution executing
this Agreement ("Financial Institution"), Edgewood Services, Inc. ("Edgewood"),
and Deutsche Fund Management, Inc. ("DFM"), with respect to those series or
portfolios listed in Exhibit A hereto (referred to individually as the "Fund"
and collectively as the "Funds") of Deutsche Funds, Inc. (the "Company") for
whose shares of beneficial interest or capital stock ("Shares") Edgewood serves
as Distributor and for whom DFM provides or coordinates shareholder services.
A. FINANCIAL INSTITUTION.
1. STATUS OF FINANCIAL INSTITUTION AS "BANK" OR REGISTERED BROKER-DEALER.
Financial Institution represents and warrants to Edgewood and DFM:
(a)(i)that it is a broker or dealer as defined in Section 3(a)(4) or
3(a)(5) of the Securities Exchange Act of 1934 ("Exchange Act");
that it is registered with the Securities and Exchange Commission
pursuant to Section 15 of the Exchange Act; that it is a member of
the National Association of Securities Dealers, Inc.; that its
customers' accounts are insured by the Securities Investors
Protection Corporation ("SIPC"); and that, during the term of this
Agreement, it will abide by all of the rules and regulations of the
NASD including, without limitation, the NASD Rules of Fair Practice.
Financial Institution agrees to notify Edgewood immediately in the
event of (1) the termination of its coverage by the SIPC; (2) its
expulsion or suspension from the NASD, or (3) its being found to
have violated any applicable federal or state law, rule or
regulation arising out of its activities as a broker-dealer or in
connection with this Agreement, or which may otherwise affect in any
material way its ability to act in accordance with the terms of this
Agreement. Financial Institution's expulsion from the NASD will
automatically terminate this Agreement immediately without notice.
Suspension of Financial Institution from the NASD for violation of
any applicable federal or state law, rule or regulation will
terminate this Agreement effective immediately upon Edgewood's
written notice of termination to Financial Institution; or
(a)(ii) that it is a "bank," as that term is defined in Section 3(a)(6) of
the Exchange Act and that, during the term of this Agreement, it
will abide by the rules and regulations of those state and federal
banking authorities with appropriate jurisdiction over the Financial
Institution, especially those regulations dealing with the
activities of the Institution as described under this Agreement.
Financial Institution agrees to notify Edgewood or DFM immediately
of any action by or communication from state or federal banking
authorities, state securities authorities, the Securities and
Exchange Commission, or any other party which may affect its status
as a bank, or which may otherwise affect in any material way its
ability to act in accordance with the terms of this Agreement. Any
action or decision of any of the foregoing regulatory authorities or
any court of appropriate jurisdiction which affects Financial
Institution's ability to act in accordance with the terms of this
agreement, including the loss of its exemption from registration as
a broker or dealer, will terminate this Agreement effective upon
Edgewood's written notice of termination to Financial Institution;
AND
(b) that Financial Institution is registered with the appropriate
securities authorities in all states in which its activities make
such registration necessary.
2. FINANCIAL INSTITUTION ACTS AS AGENT FOR ITS CUSTOMERS.
The parties agree that in each transaction in the Shares of any Fund and
with regard to any services rendered pursuant to this Agreement: (a) Financial
Institution is acting as agent for the customer; (b) each transaction is
initiated solely upon the order of the customer; (c) as between Financial
Institution and its customer, the customer will have full beneficial ownership
of all Shares of the Funds; (d) each transaction shall be for the account of the
customer and not for Financial Institution's account; and (e) each transaction
shall be without recourse to Financial Institution provided that Financial
Institution acts in accordance with the terms of this Agreement. Financial
Institution shall not have any authority in any transaction to act as Edgewood's
agent or as agent for the Funds.
B. SALES OF FUND SHARES.
3. EXECUTION OF ORDERS FOR PURCHASE AND REDEMPTION OF SHARES.
(a) All orders for the purchase of any Shares shall be executed at the
then-current public offering price per share (i.e., the net asset value per
share plus the applicable initial sales load, if any) and all orders for the
redemption of any Shares shall be executed at the net asset value per share
of the applicable Class, in each case as described in the prospectus of the
Fund. Any applicable redemption fee or deferred sales charge will be
deducted by the Fund prior to the transmission of the redemption proceeds to
Financial Institution or its customer. Edgewood and the Funds reserve the
right to reject any purchase request in their sole discretion . If required
by law, each transaction shall be confirmed in writing on a fully disclosed
basis and, if confirmed by Edgewood, a copy of each confirmation shall be
sent simultaneously to Financial Institution if Financial Institution so
requests.
(b) The procedures relating to all orders will be subject to the terms of the
prospectus of each Fund and Edgewood's written instructions to Financial
Institution from time to time.
(c) Payments for Shares shall be made as specified in the applicable Fund
prospectus. If payment for any purchase order is not received in accordance
with the terms of the applicable Fund prospectus, Edgewood reserves the
right, without notice, to cancel the sale and to hold Financial Institution
responsible for any loss sustained as a result thereof.
4. INITIAL SALES LOADS PAYABLE TO FINANCIAL INSTITUTION.
(a) On each order accepted by Edgewood, in exchange for the performance of sales
and/or distribution services, Financial Institution will be entitled to
receive the applicable dealer concession provided in the then current
Prospectus of the applicable Fund, subject to any adjustment in the rate of
such concession referred to below, from the amount paid by Financial
Institution's customer . The initial sales loads for any Fund shall be those
set forth in its prospectus. The rate of the dealer concession payable to
Financial Institution may be changed at any time at Edgewood's sole
discretion upon written notice to Financial Institution.
(b) Transactions may be settled by Financial Institution: (1) by payment of the
full purchase price less an amount equal to Financial Institution's
applicable percentage of the initial sales load, or (2) by payment of the
full purchase price, in which case Financial Institution shall receive, not
less frequently than monthly, the aggregate fees due it on orders received
and settled.
(c) It shall be the obligation of the Financial Institution either: (i) to
provide Edgewood with all necessary information regarding the application of
the appropriate initial sales load to each transaction, or (ii) to assess
the appropriate initial sales load for each transaction and to forward the
public offering price, net of the amount of the initial sales load to be
reallocated to the Financial Institution, to the appropriate Fund. Neither
the Fund nor Edgewood shall have any responsibility to correct the payment
or assessment of an incorrect initial sales load due to the failure of the
Financial Institution to fulfill the foregoing obligation.
5. ADVANCE COMMISSIONS PAYABLE TO FINANCIAL INSTITUTION.
Upon the purchase of certain Shares, as described in the applicable
prospectuses, Edgewood will pay Financial Institution an advance commission as
set forth on Exhibit A (or, if more recently published, the Fund's current
prospectus). This amount is not to be considered an initial sales load and
should not be deducted from the public offering price of the Shares which shall
be forwarded to the Fund. Generally, a contingent deferred sales charge ("CDSC")
will be assessed upon the redemption of Shares with regard to which an advance
commission is paid by Edgewood; in the event that Financial Institution notifies
Edgewood in writing that Financial Institution elects to waive such advance
commission, and if the Fund's prospectus permits such a waiver, the CDSC will
not be charged upon the redemption of the relevant Shares. To receive advance
commission from Edgewood on Shares that are subject to a CDSC, Financial
Institution must open investor accounts with the Fund on a fully-disclosed basis
or be able to account for share ownership periods used in calculating the CDSC.
Furthermore, should the custody (or record ownership) of the shares of the
investor account(s) be transferred during the applicable CDSC holding period (as
described in the Fund prospectus) to a financial institution which does not
maintain investor accounts on a fully disclosed basis and does not account for
share ownership periods, the Financial Institution agrees to reimburse Edgewood
prior to such transfer for advance commissions paid to it by Edgewood.
C. DISTRIBUTION SERVICES.
6. AGREEMENT TO PROVIDE DISTRIBUTION SERVICES.
(a) With regard to those Funds which pay distribution fees (pursuant to
Distribution and Service Plans ("Plans") adopted for the Funds under
Investment Company Act Rule 12b-1), as noted on Exhibit A hereto (or, if
more recently published, the Fund's current prospectus), Edgewood hereby
appoints Financial Institution to render or cause to be rendered
distribution and sales services to the Funds and their shareholders.
(b) The services to be provided under this Paragraph (a) may include, but are
not limited to, the following:
(i) reviewing the activity in Fund accounts;
(ii)providing training and supervision of its personnel;
(iii) maintaining and distributing current copies of prospectuses and
shareholder reports;
(iv)advertising the availability of its services and products;
(v) providing assistance and review in designing materials to send to
customers and potential customers and developing methods of making such
materials accessible to customers and potential customers; and
(vi)responding to customers' and potential customers' questions about
the Funds.
7. DISTRIBUTION FEES PAYABLE TO FINANCIAL INSTITUTION.
During the term of this Agreement, Edgewood will pay Financial Institution
each month distribution fees (also known as "Rule 12b-1 Fees") for each Class as
set forth in Exhibit A to this Agreement (or, if more recently published, the
Fund's current prospectus), subject to the terms and conditions of the Plans.
For the payment period in which this Agreement becomes effective or terminates,
there shall be an appropriate proration of the fee on the basis of the number of
days that this Agreement is in effect during the month.
D. SHAREHOLDER SERVICES.
8. AGREEMENT TO PROVIDE SHAREHOLDER AND ACCOUNT MAINTENANCE SERVICES.
With regard to those Classes which pay a Shareholder Services Fee to
Deutsche Fund Management, Inc., as noted on Exhibit A hereto (or, if more
recently published, the Fund's current prospectus), Financial Institution agrees
to render or cause to be rendered personal services to shareholders of the Funds
and/or the maintenance of accounts of shareholders of the Funds ("Shareholder
Services") within the meaning of, and subject to the terms and conditions of,
the Plans. Financial Institution further agrees to provide DFM, upon request, a
written description of the Shareholder Services which Financial Institution is
providing hereunder.
9. SHAREHOLDER SERVICE FEES PAYABLE TO FINANCIAL INSTITUTION.
During the term of this Agreement, DFM will pay Financial Institution
Shareholder Service Fees as set forth in Exhibit A to this Agreement (or, if
more recently published, the Fund's current prospectus), subject to the terms
and conditions of the Plans. For the payment period in which this Agreement
becomes effective or terminates, there shall be an appropriate proration of the
fee on the basis of the number of days that this Agreement is in effect during
the quarter.
E. SUPPLEMENTAL PAYMENTS.
10. SUPPLEMENTAL PAYMENTS TO FINANCIAL INSTITUTION.
During the term of this Agreement, Edgewood, DFM, or their affiliates may
make Supplemental Payments to Financial Institution if and as set forth in
Exhibit A to this Agreement (or, if more recently published, the Fund's current
prospectus) as additional compensation for services described in Paragraphs 6 or
8, above; such payments will be made from the assets of Edgewood, DFM, or their
affiliates, and not from assets of the Funds nor from fees payable under
applicable Plans. For the payment period in which this Agreement becomes
effective or terminates, there shall be an appropriate proration of the payments
on the basis of the number of days that this Agreement is in effect during the
quarter.
F. MISCELLANEOUS.
11. DELIVERY OF PROSPECTUSES TO CUSTOMERS.
Financial Institution will deliver or cause to be delivered to each
customer, at or prior to the time of any purchase of Shares, a copy of the
current prospectus of the applicable Fund and, upon request by a customer or
shareholder, a copy of the applicable Fund's current Statement of Additional
Information. Financial Institution shall not make any representations concerning
any Shares other than those contained in the prospectus or Statement of
Additional Information of the Fund or in any promotional materials or sales
literature furnished to Financial Institution by Edgewood or the Fund.
12. ERISA ASSETS.
(a)Financial Institution understands that the Department of Labor views ERISA
as prohibiting fiduciaries of discretionary ERISA assets from receiving
administrative service fees or other compensation from funds in which the
fiduciary's discretionary ERISA assets are invested. To date, the Department
of Labor has not issued any exemptive order or advisory opinion that would
exempt fiduciaries from this interpretation. Without specific authorization
from the Department of Labor, fiduciaries should carefully avoid investing
discretionary assets in any fund pursuant to an arrangement where the
fiduciary is to be compensated by the fund for such investment. Receipt of
such compensation could violate ERISA provisions against fiduciary
self-dealing and conflict of interest and could subject the fiduciary to
substantial penalties.
(b) Financial Institution will not perform or provide any duties which would
cause it to be a fiduciary under Section 4975 of the Internal Revenue Code,
as amended. For purposes of that Section, Financial Institution understands
that any person who exercises any discretionary authority or discretionary
control with respect to any individual retirement account or its assets, or
who renders investment advice for a fee, or has any authority or
responsibility to do so, or has any discretionary authority or discretionary
responsibility in the administration of such an account, is a fiduciary.
13. INDEMNIFICATION.
(a) Financial Institution shall indemnify and hold harmless Edgewood, DFM, each
Fund, the transfer agent of the Company, and their respective subsidiaries,
affiliates, officers, directors, agents and employees from all direct or
indirect liabilities, losses or costs (including attorneys fees) arising
from, related to or otherwise connected with: (1) any breach by Financial
Institution of any provision of this Agreement; or (2) any actions or
omissions of Edgewood, DFM, any Fund, the transfer agent, and their
subsidiaries, affiliates, officers, directors, agents and employees in
reliance upon any oral, written or computer or electronically transmitted
instructions believed to be genuine and to have been given by or on behalf
of Financial Institution.
(b) Edgewood agrees to indemnify and hold harmless the Company, each of its
Directors, each of its officers who have signed the Registration Statement
and each other person, if any, who controls the Company within the meaning
of Section 15 of the 1933 Act, but only with respect to statements or
omissions, if any, made in the Registration Statement or any Prospectus,
SAI, or any amendment or supplement thereof in reliance upon, and in
conformity with, information furnished to the Company about Edgewood by or
on behalf of Edgewood expressly for the use in the Registration Statement or
any Prospecuts, SAI, or any amendment or supplement thereof. In case any
action shall be brought against the Company or any other person so
indemnified based on the Registration Statement or any Prospectus, SAI, or
any amendment or supplement thereof, and with respect to which indemnity may
be sought against Edgewood, Edgewood shall have the rights and duties given
to the Company, and the Company and each other person so indemnified shall
have the rights and duties given to Edgewood by the provisions of subsection
(a) above.
(c) DFM shall indemnify and hold harmless Financial Institution and its
subsidiaries, affiliates, officers, directors, agents and employees from and
against any and all direct or indirect liabilities, losses or costs
(including attorneys fees) arising from, related to or otherwise connected
with any breach by DFM of any provision of this Agreement.
(d) The agreement of the parties in this Paragraph to indemnify each other is
conditioned upon the party entitled to indemnification (Indemnified Party)
giving notice to the party required to provide indemnification (Indemnifying
Party) promptly after the summons or other first legal process for any claim
as to which indemnity may be sought is served on the Indemnified Party. The
Indemnified Party shall permit the Indemnifying Party to assume the defense
of any such claim or any litigation resulting from it, provided that counsel
for the Indemnifying Party who shall conduct the defense of such claim or
litigation shall be approved by the Indemnified Party (which approval shall
not unreasonably be withheld), and that the Indemnified Party may
participate in such defense at its expense. The failure of the Indemnified
Party to give notice as provided in this subparagraph (c) shall not relieve
the Indemnifying Party from any liability other than its indemnity
obligation under this Paragraph. No Indemnifying Party, in the defense of
any such claim or litigation, shall, without the consent of the Indemnified
Party, consent to entry of any judgment or enter into any settlement that
does not include as an unconditional term the giving by the claimant or
plaintiff to the Indemnified Party of a release from all liability in
respect to such claim or litigation.
(e) The provisions of this Paragraph 13 shall survive the termination of this
Agreement.
14. CUSTOMER NAMES PROPRIETARY TO FINANCIAL INSTITUTION.
(a) The names of Financial Institution's customers are and shall remain
Financial Institution's sole property and shall not be used by Edgewood,
DFM, or their affiliates for any purpose except the performance of their
respective duties and responsibilities under this Agreement and except for
servicing and informational mailings relating to the Funds. Notwithstanding
the foregoing, this Paragraph 14 shall not prohibit Edgewood, DFM, or any of
their affiliates from utilizing the names of Financial Institution's
customers for any purpose if the names are obtained in any manner other than
from Financial Institution pursuant to this Agreement.
(b) Neither party shall use the name of the other party in any manner without
the other party's written consent, except as required by any applicable
federal or state law, rule or regulation, and except pursuant to any
mutually agreed upon promotional programs.
(c) The provisions of this Paragraph 14 shall survive the termination of this
Agreement.
15. SECURITY AGAINST UNAUTHORIZED USE OF FUNDS' RECORDKEEPING SYSTEMS.
Financial Institution agrees to provide such security as is necessary to
prevent any unauthorized use of the Funds' recordkeeping system, accessed via
any computer hardware or software provided to Financial Institution by Edgewood
or DFM.
16. SOLICITATION OF PROXIES.
Financial Institution agrees not to solicit or cause to be solicited
directly, or indirectly, at any time in the future, any proxies from the
shareholders of any or all of the Funds in opposition to proxies solicited by
management of the Company, unless a court of competent jurisdiction shall have
determined that the conduct of a majority of the Board of Directors of the
Company constitutes willful misfeasance, bad faith, gross negligence or reckless
disregard of their duties. This Paragraph 16 will survive the term of this
Agreement.
17. CERTIFICATION OF CUSTOMERS' TAXPAYER IDENTIFICATION NUMBERS.
Financial Institution agrees to obtain any taxpayer identification number
certification from its customers required under Section 3406 of the Internal
Revenue Code, and any applicable Treasury regulations, and to provide Edgewood,
DFM, or their respective designee with timely written notice of any failure to
obtain such taxpayer identification number certification in order to enable the
implementation of any required backup withholding.
18. NOTICES.
Except as otherwise specifically provided in this Agreement, all notices
required or permitted to be given pursuant to this Agreement shall be given in
writing and delivered by personal delivery or by postage prepaid, registered or
certified United States first class mail, return receipt requested, overnight
courier services, or by facsimile or similar electronic means of delivery (with
a confirming copy by mail as provided herein). Unless otherwise notified in
writing, all notices to Edgewood shall be given or sent to its offices located
at Federated Xxxxxxxxx Xxxxx, Xxxxxxxxxx, Xxxxxxxxxxxx 00000-0000. All notices
to DFM shall be given or sent to its offices located at 00 Xxxx 00xx Xxxxxx,
00xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 and all notices to Financial Institution
shall be given or sent to it at its address shown below.
19. TERMINATION AND AMENDMENT.
(a) This Agreement shall become effective in this form as of the date set forth
below or as of the first date thereafter upon which Financial Institution
executes any transaction, performs any service, or receives any payment
pursuant hereto. This Agreement supersedes any prior sales, distribution,
shareholder service, or administrative service agreements between the
parties with respect to the Funds.
(b) With respect to each Fund, this Agreement shall continue in effect for one
year from the date of its execution, and thereafter for successive periods
of one year if the form of this Agreement is approved with respect to each
such Class at least annually by the Directors of the Fund, including a
majority of the members of the Board of Directors of the Fund who are not
interested persons of the Fund and have no direct or indirect financial
interest in the operation of any Plan or in any related agreements to such
Plan ("Independent Directors ")
cast in person at a meeting called for that purpose.
(c) This Agreement, including Exhibit A hereto, may be amended by Edgewood
and/or DFM from time to time by the following procedure. Edgewood or DFM
will mail a copy of the amendment to Financial Institution's address, as
shown below. Subject to any requirements imposed by any Plan or Rule 12b-1
under the Investment Company Act of 1940, if Financial Institution does not
object to the amendment within thirty (30) days after its receipt, the
amendment will become part of the Agreement. Financial Institution's
objection must be in writing and be received by Edgewood or DFM within such
thirty days.
(d) Notwithstanding subparagraph 19(b) and in addition to subparagraph 1(a),
this Agreement may be terminated with respect to each Class of Shares for
which Financial Institution receives compensation under section 7 or Section
9 hereof as follows:
(i) at any time, without the payment of any penalty, by the vote of a
majority of the Independent Directors of the Fund or by a vote of a
majority of the outstanding voting securities of such Class as defined
in the Investment Company Act of 1940 on not more than sixty (60) days'
written notice to the parties to this Agreement;
(ii) automatically in the event of the Agreement's assignment as defined in
the Investment Company Act of 1940, upon the termination of the
"Distributor's Contract" between the Fund and Edgewood, upon termination
of the "Services Agreement" between the Fund and DFM, or upon the
termination of the Plan relating to such Class to which this Agreement
is related; and
(iii)by any party to the Agreement without cause by giving the other party
at least sixty (60) days' written notice of its intention to terminate.
(e) The termination of this Agreement with respect to any one Fund will not
cause the Agreement's termination with respect to any other Fund.
20. MISCELLANEOUS
Financial Institution acknowledges that this Agreement is a "related
agreement" with respect to the Plan within the meaning of Rule 12b-1 under the
1940 Act and agrees to comply with the terms and conditions applicable to this
Agreement under Rule 12b-1 and the Plan. Financial Institution agrees to furnish
information to Edgewood or DFM as they may require to comply with the Plans.
[Remainder of this page intentionally left blank.]
21. GOVERNING LAW.
This Agreement shall be construed in accordance with the laws of the
Commonwealth of Pennsylvania.
EDGEWOOD SERVICES, INC.
Federated Investors Tower
Pittsburgh, Pennsylvania 15222-3779
By: Date:
DEUTSCHE FUND MANAGEMENT, INC.
00 Xxxx 00xx Xxxxxx, 00xx Xxxxx
Xxx Xxxx, Xxx Xxxx 00000
By: Date:
By: __________________________ Date:
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Financial Institution Name
(Please Print or Type)
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Address
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City State Zip Code
By:______________________________
Authorized Signature
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Title
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Print Name or Type Name
Dated:_____________________
EXHIBIT A
FEE SCHEDULE FOR MUTUAL FUND
SALES AND SERVICE AGREEMENT
WITH EDGEWOOD SERVICES, INC.
EFFECTIVE AS OF JULY 28, 1997
This Exhibit to the Mutual Fund Sales and Service Agreement among Edgewood
Services, Inc., Deutsche Fund Management, Inc. and the Financial Institution
executing the Agreement sets forth the Funds which are offered pursuant to the
Agreement and the rate of fees which Edgwood Services, Inc. or DFM will pay
pursuant to the Agreement. For purposes of this Exhibit, "Initial Sales Load"
shall be paid subject to the terms of Section 4 of the Agreement; "Advance
Commissions" shall be paid subject to the terms of Section 5 of the Agreement;
"Distribution Fees" shall be paid subject to Section 7 of the Agreement;
"Shareholder Service Fees" shall be paid subject to Section 8 of the Agreement;
and "Supplemental Payments" (if payable) shall be paid subject to Section 10 of
the Agreement. Advance Commission shall be paid as a percentage of the public
offering price of the Fund shares next determined after the purchase order is
accepted by Federated Securities Corp. Asset-Based Sales Loads, Shareholder
Service Fees, and Supplemental Payments shall be paid at an annual rate on the
average net asset value of shares held in each of the Funds attributable to the
specified class during the period in accounts for which the Financial
Institution provides services under the Agreement, so long as the average net
asset value of the shares in any such Fund during the period is at least
$100,000.
All fees stated herein are valid as of the date stated above. Fees are
subject to change pursuant to Sections 18 and 19 of the Agreement.
DEUTSCHE FUNDS, INC.
CLASS A SHARES
INITIAL SALES LOAD: BOND FUNDS (AS DEFINED IN EXHIBIT B)
A portion of the initial sales load equal to the following percentage of
the public offering price of shares purchased will be paid to the Financial
Institution:
4.00% on purchases up to $50,000
3.50% on purchases of $50,000 but less than $100,000
2.75% on purchases of $100,000 but less than $250,000
2.00% on purchases of $250,000 but less than $500,000
1.75% on purchases of $500,000 but less than $1 million
1.00% on purchases of $1 million but less than $2 million
0.80% on purchases of $2 million but less than $5 million
0.50% on purchases of $5 million but less than $50 million
0.25% on purchases of $50 million but less than $100 million
0.15% on purchases of $100 million or more
EQUITY FUNDS (AS DEFINED IN EXHIBIT B)
5.00% on purchases up to $50,000
3.75% on purchases of $50,000 but less than $100,000
2.75% on purchases of $100,000 but less than $250,000
2.00% on purchases of $250,000 but less than $500,000
1.75% on purchases of $500,000 but less than $1 million
1.00% on purchases of $1 million but less than $2 million
0.80% on purchases of $2 million but less than $5 million
0.50% on purchases of $5 million but less than $50 million
0.25% on purchases of $50 million but less than $100 million
0.15% on purchases of $100 million or greater
DISTRIBUTION FEE: NONE
SHAREHOLDER SERVICE FEE: up to 0.25% of average net assets.
FUND CUSIP
(Portfolio name if series fund; see prospectus for entire fund name.)
Deutsche European Mid-Cap Fund 251545 10 9
Deutsche German Equity Fund 251545 30 7
Deutsche Japanese Equity Fund 251545 50 5
Deutsche Global Bond Fund 251545 70 3
Deutsche European Bond Fund 251545 88 5
Deutsche Top 50 World 251545 86 9
Deutsche Top 50 Europe 251545 84 4
Deutsche Top 50 Asia 251545 82 8
Deutsche Top 00 XX 000000 79 4
Deutsche US Money Market Fund 251545 77 8
CLASS B SHARES
INITIAL SALES LOAD: None
ADVANCE COMMISSION: 4.0% of the net asset value of
Class B Shares purchased by clients
on purchases less than $1,000,000. No advance
commission on purchases of Deutsche US
Money Market Fund shares.
DISTRIBUTION FEE: None
SHAREHOLDER SERVICE FEE: Up to 0.25% of average net assets
commencing in the thirteenth month
FUND CUSIP
(Portfolio name if series fund; see prospectus for entire fund name.)
Deutsche European Mid-Cap Fund 251545 20 8
Deutsche German Equity Fund 251545 40 6
Deutsche Japanese Equity Fund 251545 50 5
Deutsche Global Bond Fund 251545 70 3
Deutsche European Bond Fund 251545 87 7
Deutsche Top 50 World 251545 85 1
Deutsche Top 50 Europe 251545 83 6
Deutsche Top 50 Asia 251545 81 0
Deutsche Top 00 XX 000000 78 6
Deutsche US Money Market Fund 251545 76 0
EXHIBIT B
Bond Funds: Deutsche Global Bond Fund
Deutsche European Bond Fund
Equity Funds: Deutsche European Mid-Cap Fund
Deutsche German Equity Fund
Deutsche Japanese Equity Fund
Deutsche Top 50 World
Deutsche Top 50 Europe
Deutsche Top 50 Asia
Deutsche Top 50 US
