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Investment Strategy
nch Global Research policies relating to conflicts of interest are described at http://go.bofa.com/coi. "BofA Merrill Lynch" includes Merrill Lynch, Pierce, Fenner & Smith Incorporated (‘MLPF&S’) and its affiliates. Investors should contact their BofA Merrill Lynch representative or Merrill Lynch Global Wealth Management financial a
Page: HOUSE_OVERSIGHT_014457 →ector, region or other classification(s). A stock’s coverage cluster is included in the most recent BofA Merrill Lynch report referencing the stock. BofA Merrill Lynch Research Personnel (including the analyst(s) responsible for this report) receive compensation based upon, among other factors, the overall profitability of Bank of Ame
Page: HOUSE_OVERSIGHT_014457 →nch Global Research policies relating to conflicts of interest are described at http://go.bofa.com/coi. "BofA Merrill Lynch" includes Merrill Lynch, Pierce, Fenner & Smith Incorporated ("MLPF&S’) and its affiliates. Investors should contact their BofA Merrill Lynch representative or Merrill Lynch Global Wealth Management financial a
Page: HOUSE_OVERSIGHT_014496 →ector, region or other classification(s). A stock’s coverage cluster is included in the most recent BofA Merrill Lynch report referencing the stock. BofA Merrill Lynch Research Personnel (including the analyst(s) responsible for this report) receive compensation based upon, among other factors, the overall profitability of Bank of Ame
Page: HOUSE_OVERSIGHT_014496 →nch Global Research policies relating to conflicts of interest are described at http://go.bofa.com/coi. "BofA Merrill Lynch" includes Merrill Lynch, Pierce, Fenner & Smith Incorporated ("MLPF&S’) and its affiliates. Investors should contact their BofA Merrill Lynch representative or Merrill Lynch Global Wealth Management financial a
Page: HOUSE_OVERSIGHT_014650 →tes: Aetna Inc, Consolidated Edison, Dover Corp, General Dynamics, Hess, MGM Resorts, Norfolk Southern, SVB Financial, Texas Instrument, TripAdvisor. BofA Merrill Lynch Research Personnel (including the analyst(s) responsible for this report) receive compensation based upon, among other factors, the overall profitability of Bank of Ame
Page: HOUSE_OVERSIGHT_014650 →nch Global Research policies relating to conflicts of interest are described at http://go.bofa.com/coi. "BofA Merrill Lynch" includes Merrill Lynch, Pierce, Fenner & Smith Incorporated ("MLPF&S’) and its affiliates. Investors should contact their BofA Merrill Lynch representative or Merrill Lynch Global Wealth Management financial a
Page: HOUSE_OVERSIGHT_016193 →of MLPF&S and/or one or more of its affiliates: BAE SYSTEMS, Bahrain, Bahrain (Treasury), Dubai, Qatar, Qatar (Central Bank), SABIC, THALES, Yansab. BofA Merrill Lynch Research Personnel (including the analyst(s) responsible for this report) receive compensation based upon, among other factors, the overall profitability of Bank of Ame
Page: HOUSE_OVERSIGHT_016193 →Lynch Global Research policies relating to conflicts of interest are described at http://go.bofacom/coi. tofA Mertig Lynch' includes Merrill Lynch, Pierce, Fenner & Smith Incorporated ('MLPF&S') and its affiliates. Investors should contact their BofA Merrill Lynch representative or Merril Lynch Global Wealth Management financial a
issuer is or was, within the last 12 months, a securities business dent (non-investment banking) of NILFfddandfor one or more of its affiliates: UK BofA Merrill Lynch Research Personnel (including the analyst(s) responsible for this report) receive compensation based upon, among other factors, the overall profitability of Bank of Ame
Entities connected to both Pierce, Fenner & Smith Incorporated and BofA Merrill Lynch Research Personnel

Bank of America Corporation
ORGANIZATION
Merrill Lynch
ORGANIZATION
Donald Trump
PERSON
Bloomberg L.P.
ORGANIZATION
Bank of America
ORGANIZATIONMerrill Lynch Canada Inc
ORGANIZATION
Michael Bloomberg
PERSONMerrill Lynch International Bank Limited
ORGANIZATION
United Kingdom
LOCATIONthe Central Bank of Ireland
ORGANIZATIONMerchant Bank
ORGANIZATIONMerrill Lynch KSA Company
ORGANIZATION
Seoul
LOCATIONBank of America Merrill Lynch International Limited
ORGANIZATION
Merrill Lynch Global Wealth Management
ORGANIZATIONThe Financial Service Board
ORGANIZATIONBaFin
ORGANIZATION
BANA Australia
ORGANIZATION
BofA Merrill Lynch
ORGANIZATIONMerrill Lynch Argentina SA
ORGANIZATION