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e: ECB, Bloomberg LP, Barclays, Deutsche Bank Wealth Management. 17 Switzerland Germany France Netherlands Slovakia Finland Austria Belgium Denmark Sweden Luxembourg Lithuania Ireland Italy Spain Slovenia Portugal Malta Latvia Cyprus Total EFTA01477396 Global Fixed Income Combing
nsparency constraints. The high volatility and speculative nature of emerging market investments may result in both significant losses or profits. Foreign Exchange/Currency - Such transactions involve multiple risks, including currency risk and settlement risk. Economic or financial instability, lack of timely or relia
uity performance in Europe. As of May 2005, the MSCI Europe Index consisted of the following 16 developed market country indices: Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the United Kingdom. The MSCI
and speculative nature of emerging market investments may at risk for , as wel as convertibility, result in both significant losses or profits. Foreign Exchange/Currency - Such transactions involve multiple risks, including currency risk and settlement risk. Economic or financial instability, lack of timely or relia
uity performance in Europe. As of May 2005, the MSCI Europe Index consisted of the following 16 developed market country indices: Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the United Kingdom. The MSCI
and speculative nature of emerging market investments may at risk for , as wel as convertibility, result in both significant losses or profits. Foreign Exchange/Currency - Such transactions involve multiple risks, including currency risk and settlement risk. Economic or financial instability, lack of timely or relia
Entities connected to both Denmark and Foreign Exchange/Currency

Finland
LOCATION
Norway
LOCATION
Belgium
LOCATION
United States
LOCATION
Luxembourg
LOCATION
Julie K. Brown
PERSON
New Zealand
LOCATION
Bloomberg L.P.
ORGANIZATION
New York
LOCATION
Vienna
LOCATION
Baltimore
LOCATION
Moody's
ORGANIZATION
Deutsche Bank
ORGANIZATION
The Wall Street Journal
ORGANIZATION
Milan
LOCATION
Zurich
LOCATION
Madrid
LOCATION
Frankfurt
LOCATION
Geneva
LOCATIONthe Frank Russell Company
ORGANIZATION