Results for “CHILTON STRATEGIC EUROPEAN EQUITIES FD”

AFS License 412901 (BANA Australia) and Merrill Lynch Equities (Australia) Limited (ABN 65 006 276 795)

after equities collapsed and bond prices rose

the economic data since the intraday peak of US equities on September 21st does not

corporate credit and equities across the region; and expect a Greek

simple average of past 43 quarters) — Japan equities have outperformed during bear-steepening led by

and are positioning for a single-digit year on equities.

but this week without a selloff in bonds. Much of the rally in equities is likely the aftermath of the last minute escape from Fiscal Cliff 1 on December 31. But since then

but remain down on the year. We do not see the current surge in equities as a negative for bonds

which is also supportive of our bullish equities scenario (see Ready

Japan equities tend to be the winner on a local currency basis

equities are a sell"" fear. Clients are torn

and more domestic-oriented equities due to a slightly stronger dollar

low-volatility equities and high-dividend-paying companies. These

we believed such a rotation would cause a “melt-up” in equities

From: Ens, Amanda_____________________________ Sent: 12/9/2016 4:03:45 PM To: jeffrey E. [[email protected]]; Richard Kah ___________________________________ Subject: RE: Financials: buy XLF call spreads Attachments: image001.png Importance: High Thank you Jeffrey. Notional i...