Bloomberg News

Deutsche Bank to Let Investors Exit U.S. Life Expectation Fund

February 22, 2012

Feb. 22 (Bloomberg) -- Deutsche Bank AG is offering investors the chance to exit its DB Kompass Life 3 fund, a synthetic fund started in 2007 tied to the life expectations of a reference group of U.S. citizens.

Deutsche Bank, based in Frankfurt, is taking the step after “public discussion questioning the justification of the product,” it said in an e-mailed statement today.

To contact the editor responsible for this story: Angela Cullen at acullen8@bloomberg.net


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