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x) <image001.jpg> Russia is r.40/0 of EM ETFs VWO and EEM More EM Inflows: A large creation in Vanguard FTSE EM ETF (VWO) <image005.jpg> Source: Bloomberg Amanda Ens Director Bank of America Merrill Lynch Merrill Lynch, Pierce, Fenner & Smith Incorporated The power of global connections"( EFTA0081
rt capital flows. RUB vs MICEX (Russian equity index) <image001.jpg> Russia is r.40/0 of EM ETFs VWO and EEM More EM Inflows: A large creation in Vanguard FTSE EM ETF (VWO) <image005.jpg> Source: Bloomberg Amanda Ens Director Bank of America Merrill Lynch Merrill Lynch, Pierce, Fenner & Smith Incorporated Th
RUB vs MICEX =Russian equity index) Russia is -4% of EM ETFs VWO and EEM More EM =nflows: A large creation in Vanguard FTSE EM ETF (VWO) Source: Bloomberg Amanda Ens Director Bank of America Merrill =ynch Merrill Lynch, =ierce, Fenner & Smith Incorporated One Bryant Park, 5th Floor, New York, NY 10
rates should support =apital flows. RUB vs MICEX =Russian equity index) Russia is -4% of EM ETFs VWO and EEM More EM =nflows: A large creation in Vanguard FTSE EM ETF (VWO) Source: Bloomberg Amanda Ens Director Bank of America Merrill =ynch Merrill Lynch, =ierce, Fenner & Smith Incorporated One Bryant Park, 5
RUB vs MICEX =Russian equity index) Russia is —4% of EM ETFs VWO and EEM More EM =nflows: A large creation in Vanguard FTSE EM ETF (VWO) Source: Bloomberg Amanda Ens Director Bank of America Merrill =ynch Merrill Lynch, =ierce, Fenner & Smith Incorporated One Bryant Park, 5th Floor, New York, NY 10
rates should support =apital flows. RUB vs MICEX =Russian equity index) Russia is —4% of EM ETFs VWO and EEM More EM =nflows: A large creation in Vanguard FTSE EM ETF (VWO) Source: Bloomberg Amanda Ens Director Bank of America Merrill =ynch Merrill Lynch, =ierce, Fenner & Smith Incorporated One Bryant Park, 5
Entities connected to both Bloomberg L.P. and Vanguard FTSE EM ETF

Jeffrey Epstein
PERSON
Marc Rich
PERSON
Richard Kahn
PERSON
Wilbur Ross
PERSONAmanda
PERSON
Paul Barrett
PERSONLexington
LOCATIONAmanda Ens
PERSON
Bank of America
ORGANIZATIONFenner & Smith Incorporated
ORGANIZATION