3
Shared Docs
2
Same-Page
3 / 3
Mentions
Quantitative Analysis
ervices 1,720 Tax credit for orphan drug research Health 100 Exclusion & deferral of policyholder income e
ritten that US corporates in aggregate (including Financials) hold ~$2tn in cash overseas, and their work sugg
at current levels. The fundamental bull case for Health rests on the strong pipeline of new products for
ives were hitting record over bought signals with Financials and Cyclicals seeing the opposite. Against the ba
3% -] 2% 74 3.1% = 2% 3.2 -0.4% 0 54% 0.9% SXDP (Health) 3.1% -0.6% 2% 86% 0.9% -/ 2% 115 24% -14 2% 4]
N s+ ico} [o>} Lop} 12>} Lo>} Lop} Q Q Q OQ OQ = =— mm = Oo Oo oO Oo Oo Qo Qo Q QoQ Q Q Q Q ~~ — ~~ _ = —N N N N N N N N N 0 85 25885852825 mum Tech (MO Financials oo nk? i > > > 2 > = ~~ ) Discretionary (QW Industrials TONNE NNN NN NN i Staples GE Energy ems |_argest sector weight in the S&P500 = === Current =
Page: HOUSE_OVERSIGHT_023578 →Entities connected to both HealthCap and MO Financials

Donald Trump
PERSON
Michael Bloomberg
PERSON
United States
LOCATION
United Kingdom
LOCATION
Bank of America
ORGANIZATION
Merrill Lynch
ORGANIZATIONMerchant Bank
ORGANIZATION
Frankfurt
LOCATION
Bank of America Corporation
ORGANIZATIONThe Financial Service Board
ORGANIZATIONthe Securities and Futures Bureau
ORGANIZATIONthe Financial Supervisory Service
ORGANIZATIONMerrill Lynch (Asia Pacific) Limited
ORGANIZATION
Merrill Lynch Global Wealth Management
ORGANIZATIONMerrill Lynch Argentina SA
ORGANIZATION
Marc Rich
PERSONthe Australian Securities and Investments Commission
ORGANIZATIONMerrill Lynch International Incorporated
ORGANIZATIONDSP Merrill Lynch Limited
ORGANIZATIONMerrill Lynch KSA Company
ORGANIZATION