ty — 15-20%, expected performance translates into 20% ann. performance with 15% realized volatility ICS INDUSUIT HANE LLY US Equity Health Care PERLIS Equity Financials ACE VS faulty Financials EXPECTED REAL VOL ALL MODELS 20.04% 26.55% 25,21 NORMAUZED VOL PTS DIFFERENTIAL 6.5 0.6 POTENTIAL