EFTA Document EFTA01457135

db Index Development 24 March 2014 OHIO Index Guide DB Commodity WTI Short Volatility II Index Summary The DB Commodity WTI Short Volatility index is based on a systematic short volatility strategy. The Index comprises of 3 equally weighted sub-indices reweighted on an annual basis. Each sub-index replicates a strategy to sell straddles on 3 month futures on WTI. The delta of the straddles in each sub-index is calculated on a daily basis and hedged at the market close. The straddle posi