.3% 2.5% Telecom 12.4 12.7 Telecommunication Services Banks Capital Markets 16.4% 16.5% Financials 13.7 13.0 Overweight 2015/16 PE 2015 2016 PE PE 14.4 12.9 21.6 20.3 27.8 24.1 19.1 18.4 17.7 16.9 Technology Hardware, Storage & Peripherals11.9 11.2 Internet Software & Services EFTA014761