EFTA Document EFTA01459647

8 February 2016 US Equity Insights [Figure 65: Russell 2000 sector ytd vs. mtd performance (price returns) Since Current 12 3 1 6/23/2015 ;irk* vs. Month YTD Month Month 1 Week Mkt Peak Syr Iggh Russell 2000 Consumer Discretionary Consumer Staples Energy Financial Services Health Care Materials & Processing Producer Durables Information Technology Utilities 2015 PE fee. Nei Sector EPS) Weight -14.8% -10.7% -14.8% -8.6% 1.1% -10.3% -17.3% -7.9% 78.3% -19.1% -9.6% -15.8% -7.2% 1.2% -233% -8.9% -10.5% -13.8% -7.5% 1.3% -20.1% Note: Two biggest outriederming (undemerfonning) sectors are highlighted in green (red) AI sectors within 5% of their Syne higher* highligewd in yellow San Data* Ant Thnonlliven Sloanterg Anna, -21.7% 78.3% -24.3% 75.7% 87.3% 23.7% 85.7% 68.2% 70.0% 73.8% 79.9% 94.3% 16.3 15.9 14.9% 18.6 3.9% 11.4 2.3% 15.0 26.6% 20.3 15.3% 155 5.6% 14.5 11.6% 19.4 14.5% 19.8 5.1% {Figure 66: Russell 2000 sector 12m vs. 3m performance E O. es es 0% -5% -10% -15% -20% -25% -30% -35% -40% 40% Laflees2 and slipping • Energy &Cons • rinartiel Cons Disc • Tech.. -- Producer DU # -Russel 2000 materials & Proc Health Care• Leeding ing ut *pay -50% -40% -30% -20% -10% 12 Month Price Return Son Disko Ow* Mongol Ars obonteg Arco LP J 'Figure 67: Russell 2000 sector ytd vs. mtd performance 1% 0% E -2% a -3% -1% -4% Leg5ing but wining t Heath Cae Russet 2000 Legging and sliPPrig • Energy Marcia 8 Proc 1. *Praa Sn.s *r ed. Cons Drsc • Cons staples Slats • Leming end goring Leading but slipping -5% -25% -20% -15% -10% -5% 0% YTD Price Return Secret Danes Bs* )moron Amin IlIninhav Anima 1). Deutsche Bank Securities Inc. 5% Page 41 CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0120223 SDNY_GM_00266407 EFTA01459647