EFTA Document EFTA01459678

Investment Strategy Group Important Information Larry Adam. CFA =. CIMA , Megan Homeman ategisr nv Matt Barry Emerging markets may be in transitional or formative stages and thus may be significantly less stable than developed markets. Changes in emerging markets govemment structures or other political instability may result in nationalization, expropriation, ad hoc regulation, or foreign investment restrictions. Emerging market investments are at risk for currency devaluation, as well a