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Quantitative Analysis
ervices 1,720 Tax credit for orphan drug research Health 100 Exclusion & deferral of policyholder income e
retionary Telecom Staples Industrials Health Care Energy Materials Info Tech Real Estate Source: BofAML U
ion and agenda 8 Lame-duck session 2016 11 Tax 13 Health 17 Energy 19 Financial services 21 EY 1 | Electi
enda 8 Lame-duck session 2016 11 Tax 13 Health 17 Energy 19 Financial services 21 EY 1 | Election 2016 H
-12 1% 78 3.0% -13 % 33 -0.4% 6 68% -0./% SXDP (Health) 3.0% -08% 1% 8.7% 0.9% 9 2% 115 2.5% -12 3% 40
money but the barrier was not breached at expiry Energy equity outperformed the overall equity market whi
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]
money but the barrier was not breached at expiry Energy equity outperformed the overall equity market whi
ion Agence France Presse (AFP) Kaiser Foundation Health Plan Inc. Ecovative Design LLC Sberbank Saudi Ba
naging Board and Chief Executive Officer, Siemens Energy Chairman of the Board of Management Chairman an
Entities connected to both HealthCap and Entergy

Donald Trump
PERSON
Michael Bloomberg
PERSON
Marc Rich
PERSON
United States
LOCATION
United Kingdom
LOCATION
Bank of America
ORGANIZATIONMerchant Bank
ORGANIZATION
Merrill Lynch
ORGANIZATIONThe Financial Service Board
ORGANIZATION
Frankfurt
LOCATION
Seoul
LOCATION
Bank of America Corporation
ORGANIZATION
Merrill Lynch Global Wealth Management
ORGANIZATIONMerrill Lynch (Asia Pacific) Limited
ORGANIZATIONthe Financial Supervisory Service
ORGANIZATIONthe Securities and Futures Bureau
ORGANIZATIONILynch
ORGANIZATIONthe Australian Securities and Investments Commission
ORGANIZATION
Merri
ORGANIZATIONBaFin
ORGANIZATION