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dom of Saudi Arabia Company. regulated by the Capital Market Authority. This research report has been approved for publication and is distributed in the United Kingdom (UK) to professional dients ad eligible counterpaties (as each is defined in the rules of the FCA and the PRA) by MLI (UK) and Bank of America Mernl
imited, regulated by the Hong Kong Securities and Futures Commission (HKSFCJ; Meml Lynch (Singapore): Merrill Lynch (Singapore) Pte Ltd, regulated by the Monetary Authority of Singapore (MAS); Merrill Lynch (Canada): Merrill Lynch Canada Inc, regulated by the Investment Industry RegulatoryOrganization of Canada; Merrill
ve investment scheme for the purposes of the financial Services and Markets Act 2000 of the United Kingdom (the 'Act"). The promotion of the Fund in the United Kingdom is accordingly restricted by law. This presentation is being issued in the United Kingdom only to persons to whom it may lawfully be issued under th
ent. You should consider carefully whether the investment is suitable for you. The product named in this document is not authorised or recognized by the Monetary Authority of Singapore 'the "IvlAr) and none of its interests / shores / units shdl be allowed to be offered to retail public in Singapore. This document may
ve investment scheme for the purposes of the financial Services and Markets Act 2000 of the United Kingdom (the 'Act"). The promotion of the Fund in the United Kingdom is accordingly restricted by law. This presentation is being issued in the United Kingdom only to persons to whom it may lawfully be issued under th
ent. You should consider carefully whether the investment is suitable for you. The product named in this document is not authorised or recognized by the Monetary Authority of Singapore 'the "IvlAr) and none of its interests / shores / units shdl be allowed to be offered to retail public in Singapore. This document may
ve investment scheme for the purposes of the financial Services and Markets Act 2000 of the United Kingdom (the 'Act"). The promotion of the Fund in the United Kingdom is accordingly restricted by law. This presentation is being issued in the United Kingdom only to persons to whom it may lawfully be issued under th
ent. You should consider carefully whether the investment is suitable for you. The product named in this document is not authorised or recognized by the Monetary Authority of Singapore 'the "IvlAr) and none of its interests / shores / units shdl be allowed to be offered to retail public in Singapore. This document may
ve investment scheme for the purposes of the financial Services and Markets Act 2000 of the United Kingdom (the 'Act"). The promotion of the Fund in the United Kingdom is accordingly restricted by law. This presentation is being issued in the United Kingdom only to persons to whom it may lawfully be issued under th
ent. You should consider carefully whether the investment is suitable for you. The product named in this document is not authorised or recognized by the Monetary Authority of Singapore 'the "IvlAr) and none of its interests / shores / units shdl be allowed to be offered to retail public in Singapore. This document may
this "Presentation") is being made available to you (the "Recipient") by Glendower Capital, LLP ("Glendower"), which is authorized and regulated by the United Kingdom Financial Conduct Authority, for the purpose of providing certain summary information about certain existing and future funds and accounts that are
You should consider carefully whether the investment is suitable for you. The product named in this Presentation is not authorized or recognized by the Monetary Authority of Singapore (the "MAS") and none of its interests / shares / units shall be allowed to be offered to retail public in Singapore. This Presentatio
this "Presentation") is being made available to you (the "Recipient") by Glendower Capital, LLP ("Glendower"), which is authorized and regulated by the United Kingdom Financial Conduct Authority, for the purpose of providing certain summary information about certain existing and future funds and accounts that are
You should consider carefully whether the investment is suitable for you. The product named in this Presentation is not authorized or recognized by the Monetary Authority of Singapore (the "MAS") and none of its interests / shares / units shall be allowed to be offered to retail public in Singapore. This Presentatio
this "Presentation") is being made available to you (the "Recipient") by Glendower Capital, LLP ("Glendower"), which is authorized and regulated by the United Kingdom Financial Conduct Authority, for the purpose of providing certain summary information about certain existing and future funds and accounts that are
You should consider carefully whether the investment is suitable for you. The product named in this Presentation is not authorized or recognized by the Monetary Authority of Singapore (the "MAS") and none of its interests / shares / units shall be allowed to be offered to retail public in Singapore. This Presentatio
this "Presentation") is being made available to you (the "Recipient") by Glendower Capital, LLP ("Glendower"), which is authorized and regulated by the United Kingdom Financial Conduct Authority, for the purpose of providing certain summary information about certain existing and future funds and accounts that are
You should consider carefully whether the investment is suitable for you. The product named in this Presentation is not authorized or recognized by the Monetary Authority of Singapore (the "MAS") and none of its interests / shares / units shall be allowed to be offered to retail public in Singapore. This Presentatio
Entities connected to both United Kingdom and the Monetary Authority

Prince Charles
PERSON
New Zealand
LOCATIONGlendower Capital
ORGANIZATION
Hungary
LOCATION
Deutsche Bank
ORGANIZATION
JPMorgan Chase
ORGANIZATION
Malaysia
LOCATION
Columbia University
LOCATION
Hong Kong
LOCATIONGlendower
LOCATION
Chile
LOCATION
the Cayman Islands
LOCATION
Bahrain
LOCATION
Philippines
LOCATION
Geneva
LOCATIONDeutsche Bank Securities Inc.
ORGANIZATION
United Arab Emirates
LOCATION
Zurich
LOCATIONthe Kingdom of Bahrain
LOCATION
Michael Bloomberg
PERSON