Epstein Secrets

on, the VAR has been calculated as the 22nd Sept 2010 using the Equity Portfolio positions as 30th June 2010 - The Stress Scenarios are build within Bloomberg / Provided by Bloomberg 18 EFTA00615061 VaR (cont'd) Consolidated Bond Portfolio (Internally Managed) VTR7 Historical 1 Day 1 week P&L • %Ret

2,946 2,732 (214) 0.05% Palm Hills Development 10,020 4,431 3,471 (960) 0.07% Talaat Moustafa Group 9,706 10,983 9,918 (1,065) 0.19% Standard Chartered 8,181 12,151 10,927 (1,224) 0.21% Royal Dutch Shell 8,156 9,691 8,501 (1,190) 0.16% Nestle Sa-registered 6,055 7,281 6,860 (421) 0.1

e: BofA Merrill Lynch Global Fund Manager Survey, Bloomberg. As a reminder, the FMS Cash Rule works as follow

referendum realised vol was the highest relative to current 1y ATMf vol. The 10 names are: Barclays, Aviva, Prudential, BT, Glencore, Tesco, CRH, BA, Standard Chartered & HSBC. Hedge portfolios against a buy-the-dip failure should a faster rate cycle ultimately jeopardize it he MSCI inclusion theme; Hedge with 2823

orate Finance The NASDAQ OMX Group FBC Group Ltd Bloomberg News The New York Times Liberty Global Inc. Col

etleri AS GDF SUEZ Fox Business Network SABMiller Europe Merck & Co. Inc. SABMiller plc The Coca-Cola Company Travelport Kraft Foods Europe GmbH Standard Chartered Brightstar Corp. Deutsche Telekom AG Entertainment Media Ventures William J. Clinton Foundation Harvard University Sant Jordi Asociados JPMorga

(RHS) Source: BofA Merrill Lynch Global Research, Bloomberg. Daily data from Jan-90 to 5-Jun-17. The politic

referendum realised vol was the highest relative to current 1y ATMf vol. The 10 names are: Barclays, Aviva, Prudential, BT, Glencore, Tesco, CRH, BA, Standard Chartered & HSBC. Hedge portfolios against a buy-the-dip failure should a faster rate cycle ultimately jeopardize it Sell rich Financials vol to fund cheap T