Epstein Secrets

inflation components. In 2007-2008, when the dollar weakened, Saudi inflation peaked at II% despite higher bank reserve requirements and increased Central Bank bill issuance; food prices played a major role in this increase. Saudi Arabia is a large wheat importer, and has begun to phase out domestic subsidi

ess (#13 globally as per the World Bank), Saudi Arabia should in principle account for a greater share of global portfolios. Its GDP is greater than Malaysia, Ireland, Denmark or Hungary. But the following constraints are part of the investing landscape: Public equities: Saudi Arabia is 50% of Gulf regio

are in a stronger position compared to 2008 - 2009 with regard to capital buffers and currently CAR stands at 15% compared to 12% required by the Central Bank. 36 EFTA_R1_01979481 EFTA02678834 GOLOMT BANK Mongolian Stock Exchange ti C O 7 6 - MSE TOP-20 Index =Volume TOP 20 index O 4 t•1 0 l

,700 2.18% 1,300,000 1,300,000 0.7 0.7 1.30% 1.30% 193 3,440 Brazil 650 0.48% 650 0.53% 84,000 84,000 0.05 0.05 1.80% 1.80% 17 307 Malaysia 380 0.28% 380 0.31% 35,000 35,000 0.02 0.02 0.80% 0.80% 3 57 Other 23,000,000 23,000,000 12.41 12.41 1.10% 1.10% 2,885 51,510 TOTAL

available to the general public in Oman. In connection with the offering of the interests, no prospectus has been registered with or approved by the Central Bank of Oman, the Oman Ministry of Commerce and Industry, the Oman Capital Market Authority or any other regulatory body in the Sultanate of Oman. The o

uracy or adequacy of this Memorandum or otherwise approved or authorized the offering of interests in the Fund to investors resident in Luxembourg. Malaysia Notice to Investors in Malaysia The offering made under this Memorandum does not constitute, and should not be construed as constituting, an offer