rmance is not an indication of future returns. Equity cushion (% of transaction For further information please contact CIO's asset class specialist Stefan Bragger, [email protected] Please see important disclaimer and disclosures at the end of the document. Note: We emphasize the equal importance of fund

s of Octeber 2012 Note: Past performance is not an indication of future returns. For further information please contact CIO's asset class specialist Stefan Bragger, [email protected] UB S Please see important disclaimer and disclosures at the end of the document. 41 Note: We emphasize the equal importance