Epstein Secrets

22/2016 Status: Identified on Customer Profile Volcker flag: No Volcker Address (city, street, post c

n of Wealth/Soiree of Funds? High Risk Financial Institutions Provide Evidence of Corporate MSS (e.g. balance sheet or equIvalent summary of assets/Utilities): The source of wealth for this entity primarily comes from Jeffreyfipstein and Caroline Lane. Please revert to their individual sources of wealth f

(CVLT) to replace Wamaco Group (WRC) Other Newspaper Articles & Stories WSJ cautious: Ctrip.com (CTRP) WSJ • Goldman Sachs prepares to deal with Volcker rule WSJ • Kick that Can (Op-Ed Paul Krugman) NYT • DOJ & States weigh action vs Moody's Reuters EFTA00396068 • Draghi move fuels currency wa

ngth and weaker investment Leading European Sectors: Banks +1.49%, Autos/Parts +1.08%, Insurance +0.76% Lagging European Sectors: Oil & Gas -0.01%, Utilities +0.08%, Basic Res +0.24% SNCR #'s beat —ATHN penny better — WVVVVW 3c eps beat EFTA00396066 MOH sees '13 eps above — COLM outlook light — IMI rev

CLOs — Equity is positive IRR to one year call (this is not the case for any new issue 2.0) — The short duration CLO deals marketed through DB are Volcker compliant Deutsche Asset & Wealth Management For Internal Use Only 15 Launch Non-Call Period Reinvestment Period Final Maturity EFTA01470780

alth Care Consumer Staples Financials Financials IT Cons Discretionary Industrials Industrials Financials Industrials Financials Telecome Utilities IT Cons Discretionary Health Care IT Consumer Staples Utilities Industrials Utilities Consumer Staples Financials EFTA01470806 28 Secto

preferred cyclical sectors. We also like Energy. e We are cautious on Materials, where we expect margin pressure to continue, as well as Telecom and Utilities, due to high valuations. Strategic (1 to 2 years) °¢ We like medium-sized US companies, which should benefit from robust earnings growth in the lon

le to enter and exit their strategies Regulation Volcker's rule, USCITS III/IV 36 UBS Recommendations St

arnings growth. Our sector stance in the US Sectors Consumer Discretionary Consumer Staples Energy Financials T Healthcare ndustrials Telecom Utilities aterials Viclelulsalel vy) vial ws Source: UBS Note: Past performance is not an indication of future returns. For further information please con

m to enter and exit their strategies. Regulation Volcker rule, USCITS III/IV 2 UBS Recommendations Strat