Equity Risk Factor Wheel Example
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![Equity Risk Factor Wheel Example [GRAPHIC OMITTED]Appendix IEquity Risk Factors: In-Depth Analysis -26-](https://www.sec.gov/Archives/edgar/data/1159508/000095010314000162/slide19.jpg)






![Equity Risk Factor Wheel Example [GRAPHIC OMITTED]Appendix IEquity Risk Factors: In-Depth Analysis -26-](https://www.sec.gov/Archives/edgar/data/1159508/000095010314000162/slide26.jpg)












