The i5-6400 is base clock of 2.7GHz. It'll turbo on 1 core upto 3.3GHz, 2 cores usually a little less, and all 4 cores will top out at @ 3.0GHz. Turbo is a factory OC. That board also comes with a software capable of some small OC. What happens is either by motherboard button or windows motherboard software (Asus Suite) you can apply a BCLK OC, raising the BCLK (buss clock) from 100.0 to 103.2? or 105.7? and that affects the multiplier backwards. Being a locked cpu the multiplier is locked at 27 (27x100.0MHz giving 2.7GHz) but by raising the BCLK to 103.2 you actually OC the cpu without changing the multiplier, so 27x103.2 would give a cpu speed of 2.787GHz, or 27x105.3 would be an OC of 2.843GHz vrs the stock 2.698GHz. Under turbo speeds you could see the cpu at 3.48GHz. What they don't tell you about that is that bumping the BCLK can and does often lead to instability as it's a generic software algorithm, it's the same software used on all the motherboards, and generates considerably more heat, so should not be used with stock coolers and doesn't work very well on most low end boards. It's more of a gimmick than anything else. Does almost nothing for performance gains, has a large potential to actually hurt performance via overheating or instability.
In a word, and this goes for any software OC, on any mobo, by any manufacturer, it's Garbage.