6
Shared Docs
3
Same-Page
6 / 6
Mentions
Investment Strategy
ights reserved. iQmethod, iQmethod 2.0, iQprofile, iQtoolkit, iQworks are service marks of Ban iQcustom®, iQdatabase® are registered service marks of Bank of America Corporation. This research report is prepared for the use of BofA Merri he express written consent of BofA Merrill Lynch. BofA Merri errill Lynch and are not pub
Page: HOUSE_OVERSIGHT_014458 →art, or in any form or manner, without and client websites and other portals by BofA review of this research report consti (including any investmen BofA Merrill Lynch Global hould consult their ow ny BofA Merrill Lynch en n public information. Fac pa | ities. None of MLPF&S, any of i Research policy prohibits rese conta
Page: HOUSE_OVERSIGHT_014458 →presentative =or further information. "Bank of America Merrill Lynch" is the marketing name for the global banking and global markets =usinesses of Bank of America Corporation. Forward this email to clients. Stop or modify the delivery of Research via Emails. =lternatively, contact Research Operations: The Americas: +1 8
or use of the contents thereof are prohibited. There may =e more recent information available. Please visit one of the electronic venues that carry BofA Merrill Lynch Global =esearch reports or contact your Bank of America Merrill Lynch =epresentative or Merrill Lynch Global Wealth Management representative =or further
presentative =or further information. "Bank of America Merrill Lynch" is the marketing name for the global banking and global markets =usinesses of Bank of America Corporation. Stop or modify the delivery of Research via Emails. =lternatively, contact Research Operations: The Americas: +1 888 734 1391 or +1 646 556 2910 A
or use of the contents thereof are prohibited. There may =e more recent information available. Please visit one of the electronic venues that carry BofA Merrill Lynch Global =esearch reports or contact your Bank of America Merrill Lynch =epresentative or Merrill Lynch Global Wealth Management representative =or further
Qprofile, iQtoolkit, iQworks are service marks of Ban of America Corporation. This research report is prepared for the use of
retransmitted or disclosed, in whole simultaneously to interna review of this research report consti (including any investmen Materials prepared by BofA Merrill Lynch Global Rese utes your agree information known to, professionals in other business areas of BofA Merri BofA researc hould erri Research and certain busin
Page: HOUSE_OVERSIGHT_014651 →rtionate to index weights 70 60 50 40 30 20 10 0 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 — 2% —<0% 4 0.5 1 1.5 2 Source: Eurostat, BofA Merrill Lynch Global Research Source: Eurostat, BofA Merrill Lynch Global Research Core inflation at 0.8% is barely above the 2015 low of 0.6%. One statistic that often
Page: HOUSE_OVERSIGHT_014744 →ions, including transactions In any securities mentioned in this report. Copyright and General Information regarding Research Reports: Copyright 2016 Bank of America Corporation. All rights reserved. This research report is prepared for the use of BofA Merrill L ynch clients and may not be redistributed, retransmitted or di
Page: HOUSE_OVERSIGHT_014786 →Quantitative Analysis
he fundamentals of the companies and their own individual circumstances/abjective before making any investment decisions. Source: FactSet, Bloomberg, BofA Merrill Lynch Global research estimates, BofA Merrill Lynch US Equity & US Quant Strategy 20 Equity Strategy Focus Point | 29 January 2017 HOUSE_OVERSIGHT_023088 Bank
Page: HOUSE_OVERSIGHT_023089 →ights reserved. iQmethod, iQmethod 2.0, iQprofile, iQtoolkit, iQworks are service marks of Ban iQcustom®, iQdatabase® are registered service marks of Bank of America Corporation. This research report is prepared for the use of BofA Merri or in part, or in any form or manner, without and client websites and other portals by Bo
Page: HOUSE_OVERSIGHT_023095 →Entities connected to both Bank of America Corporation and BofA Merrill Lynch Global

Jeffrey Epstein
PERSONPierce, Fenner & Smith Incorporated
ORGANIZATION
Merrill Lynch
ORGANIZATION
Bank of America
ORGANIZATION
Donald Trump
PERSON
Marc Rich
PERSON
Merrill Lynch Global Wealth Management
ORGANIZATION
Paul Ryan
PERSON
Richard Kahn
PERSON
United Kingdom
LOCATION
Frankfurt
LOCATION
Bank of America, N.A.
ORGANIZATION
Michael Bloomberg
PERSON
Seoul
LOCATIONMerchant Bank
ORGANIZATIONMerrill Lynch (Asia Pacific) Limited
ORGANIZATIONOtoritas Jasa Keuangan
ORGANIZATIONMerrill Lynch International Incorporated
ORGANIZATIONMerrill Lynch Canada Inc
ORGANIZATIONILynch
ORGANIZATION