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sd-10-EFTA01452535Dept. of Justice

EFTA Document EFTA01452535

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Today/Mon (and Tuesday in US due to holiday Mon) start with 1/4 positions (within that 50mm allocation) across the direct equities (healthcare, energy, financials, tech, Japan, Europe) Topix TRS - add $3.5mm usd notional via swap and indirect hedge = gives you capital efficient leverage (financing 3mL+70bps, -20% initial collateral). OR buy another Slmm of your DXJ (that position can represent your delta one allocation). Topix and DX) charts below for your convenience. Today or Tuesday: B

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Dept. of Justice
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sd-10-EFTA01452535
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