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sd-10-EFTA01459572Dept. of Justice

EFTA Document EFTA01459572

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9 Equity Sectors An "Appreciation" for Innovation and Demographics Tech Valuations Attractive 2.6 2.4 2.2 2.0 1.8 1.6 1.4 1.2 1.0 0.8 01 02 '03 '04 '05 '06 '07 '08 '09 '10 '11 '12 '13 '14 '15 - S&P 500 Info Tech FIE (LTM) Relative to S&P 500 P/E (LTM) - (AVG) S&P 500 Info Tech PIE (LTM) Relative to S&P 500 P/E (LTM) - Technology is one of our favorite sectors due to attractive valuations and fundamentals. - In fact, valuations are well below average versus the S

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Dept. of Justice
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sd-10-EFTA01459572
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