Epstein Secrets

Taiwan Inds Otani South Russia Memo Thatand Malays., Saud. OaMn A Alma rabia SOW* Guam** &Mk FTSE. BAMM000,1 Atom LP FTSE inclusion done; MSCI EM decision to be announced in June Saudi Arabia is also nominated for inclusion in the widely tracked MSCI EM Index, with a decision on inclusion to

uest •Prices are current as of the end of the previous trading session unless otherwise indicated and are sourced from local exchanges via Reuters, Bloomberg and other vendors . Other information is sourced from Deutsche Bank, subject companies, and other sources. For disclosures pertaining to recommendat

% 4.0% 5.0% 6.0% 7.0% 4Q03 1Q05 2006 3Q07 4Q08 1010 2Q11 3Q12 4013 1Q15 Average EM Growth Premium (LHS) (AVG) Average EM Growth Premium (LHS) MSCI EM (local) - S&P 500 Index (RHS) — Emerging market equities have benefitted from superior economic growth over the developed markets in recent years.

11 Footnotes: Data as of December 2015. Source: Bloomberg Finance LP, Deutsche Bank Wealth Management. Aug

.5bn into their equity market * We estimate Sabic=to get $727M, Al Rajhi $504M, National Commercial Bank $385M (see table in=the attached pdf) • MSCI EM decision announced in June 2018 • If t=ey get in -> $39bn inflows and the actual inclusion would happen in Jun= 2019 • These flows are already ha

uld happen in Jun= 2019 • These flows are already happening now: $619M in=lows in Jan-18 (highest on record); $=64M in Feb-18 Read this article on Bloomberg about what happens to=the stock market once the actual inclusion happens. History shows that the=biggest appreciation happens in the run-up to these