Deutsche Global Liquidity Series plc - Deutsche Managed Euro Fund Reserved

Deutsche Managed Euro Fund holds a diversified mix of euro‑denominated short‑term debt and money‑market instruments — both fixed‑ and floating‑rate — issued by sovereigns, agencies, supranational bodies, corporations and banks; all holdings must be in one of the two highest short‑term rating categories (or judged equivalent by the manager), have maturities of 397 days or less, and the portfolio’s weighted average maturity is kept at or below 60 days to maintain same‑day liquidity as a short‑term LVNAV money market fund regulated under the MMFR and adhering to IMMFA standards, with the manager also taking environmental and social factors into account when choosing securities.