EFTA01458549.pdf

2 October 2016 US Equity Insights iFigure 33: S&P 500 sector performance (total returns) Skim Sector 11/25/W15 Cuwett Price 1015 Wt. by 12 month YTD 3 month 1Month 1 Week Mid Trough vs. Syr Slikb PC Mkt Cab S&P SOO V, a.4°, 09% 3.0% 90.1% 15.9 Consumer thsvetionaly 3r r. 49% 92.6% 1.8.9 LIS% Consumer Staples 4.1% 911% 19.2 9.9% freaky 4.6a'. 6L2% 210 6S% Financials 2 3', 817% 12.6 161% Health Cars 5.2% 11.5% -5.71. 819% 15.6 14.7% Industrials 4.6% .9.8% .7.3% -1.8% 42% 2.9% 86.7% 15.4 141% Inrcemation Technology 2.1% 40% 4 4.0% 49% 917% 15.6 20.4% Materials 76.8% 14.5 2.2% TelecommunkationSenrices .7.9% 4.9% 4.3% as% 0.0% 1.3% 83.6% 12.0 2.4% Ullldes 6.6% 4.0% 87.4% MO 3.1% NOW: Two beete &aperients:se lunderperIcemato sectors art hrehheMeri w earn tree AU sectors within 5%4 Owe Swat hiCh are &189411444 in aaka Scan oeurecite ant Manson Swan Mai as 9,Y20.5 'Figure 34. S&P 500 sector 12m vs. 3m performance 5% *Uhli[es Tech ex MPL Cow Disc. E •Tech • -5% Telecom S&PMO • V - -stnals Finarcials -10% 3 6 Lazing and • Health Cent Leading 5 stitleXt but skpcing x -15% • Energi • klatertats -20% -35% -25% -15% -5% 5% 15% 25% 12 Month Total Return $PIV/ Marts Oral Mama Vann that sa or fl an:5 'Figure 35: S&P 500 sector ytd vs. mtd performance 4% 3% Loggoil • Uttibee Loading 2% but gaining and gaining 1% MTD Total Return 0% -1% Tecn ex 1API. ** Tech -2% • Inisintits lsgpseig -3% • Fir aic• ls T o -4% Lagging and I -5% Les:lng slows but slipping -6% -7% • Energy • Materiels -Mb -25% -20% -15% -10% -5% 5% YTD Total Return Saran Matra ant nen,. 1 Deutsche Bank Securities inc. Page 19 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0118514 CONFIDENTIAL SDNY_GM_00264698 EFTA01458549