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Page 1: PowerPoint Presentation · $900.0 $800.0 $700.0 $600.0 $500.0 $441.1 $400.0 $300.0 $200.0 2009 $480.4 2010 $430.3 2011 $484.8 2012 $516.4 2013 $632.4 2014 $663.1 2015 $736.3
Page 2: PowerPoint Presentation · $900.0 $800.0 $700.0 $600.0 $500.0 $441.1 $400.0 $300.0 $200.0 2009 $480.4 2010 $430.3 2011 $484.8 2012 $516.4 2013 $632.4 2014 $663.1 2015 $736.3
Page 3: PowerPoint Presentation · $900.0 $800.0 $700.0 $600.0 $500.0 $441.1 $400.0 $300.0 $200.0 2009 $480.4 2010 $430.3 2011 $484.8 2012 $516.4 2013 $632.4 2014 $663.1 2015 $736.3
Page 4: PowerPoint Presentation · $900.0 $800.0 $700.0 $600.0 $500.0 $441.1 $400.0 $300.0 $200.0 2009 $480.4 2010 $430.3 2011 $484.8 2012 $516.4 2013 $632.4 2014 $663.1 2015 $736.3
Page 5: PowerPoint Presentation · $900.0 $800.0 $700.0 $600.0 $500.0 $441.1 $400.0 $300.0 $200.0 2009 $480.4 2010 $430.3 2011 $484.8 2012 $516.4 2013 $632.4 2014 $663.1 2015 $736.3

Page 6: PowerPoint Presentation · $900.0 $800.0 $700.0 $600.0 $500.0 $441.1 $400.0 $300.0 $200.0 2009 $480.4 2010 $430.3 2011 $484.8 2012 $516.4 2013 $632.4 2014 $663.1 2015 $736.3
Page 7: PowerPoint Presentation · $900.0 $800.0 $700.0 $600.0 $500.0 $441.1 $400.0 $300.0 $200.0 2009 $480.4 2010 $430.3 2011 $484.8 2012 $516.4 2013 $632.4 2014 $663.1 2015 $736.3

Page 8: PowerPoint Presentation · $900.0 $800.0 $700.0 $600.0 $500.0 $441.1 $400.0 $300.0 $200.0 2009 $480.4 2010 $430.3 2011 $484.8 2012 $516.4 2013 $632.4 2014 $663.1 2015 $736.3

Page 9: PowerPoint Presentation · $900.0 $800.0 $700.0 $600.0 $500.0 $441.1 $400.0 $300.0 $200.0 2009 $480.4 2010 $430.3 2011 $484.8 2012 $516.4 2013 $632.4 2014 $663.1 2015 $736.3

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Page 10: PowerPoint Presentation · $900.0 $800.0 $700.0 $600.0 $500.0 $441.1 $400.0 $300.0 $200.0 2009 $480.4 2010 $430.3 2011 $484.8 2012 $516.4 2013 $632.4 2014 $663.1 2015 $736.3

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Page 12: PowerPoint Presentation · $900.0 $800.0 $700.0 $600.0 $500.0 $441.1 $400.0 $300.0 $200.0 2009 $480.4 2010 $430.3 2011 $484.8 2012 $516.4 2013 $632.4 2014 $663.1 2015 $736.3

Page 13: PowerPoint Presentation · $900.0 $800.0 $700.0 $600.0 $500.0 $441.1 $400.0 $300.0 $200.0 2009 $480.4 2010 $430.3 2011 $484.8 2012 $516.4 2013 $632.4 2014 $663.1 2015 $736.3
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Page 15: PowerPoint Presentation · $900.0 $800.0 $700.0 $600.0 $500.0 $441.1 $400.0 $300.0 $200.0 2009 $480.4 2010 $430.3 2011 $484.8 2012 $516.4 2013 $632.4 2014 $663.1 2015 $736.3
Page 16: PowerPoint Presentation · $900.0 $800.0 $700.0 $600.0 $500.0 $441.1 $400.0 $300.0 $200.0 2009 $480.4 2010 $430.3 2011 $484.8 2012 $516.4 2013 $632.4 2014 $663.1 2015 $736.3

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Page 17: PowerPoint Presentation · $900.0 $800.0 $700.0 $600.0 $500.0 $441.1 $400.0 $300.0 $200.0 2009 $480.4 2010 $430.3 2011 $484.8 2012 $516.4 2013 $632.4 2014 $663.1 2015 $736.3
Page 18: PowerPoint Presentation · $900.0 $800.0 $700.0 $600.0 $500.0 $441.1 $400.0 $300.0 $200.0 2009 $480.4 2010 $430.3 2011 $484.8 2012 $516.4 2013 $632.4 2014 $663.1 2015 $736.3

Page 19: PowerPoint Presentation · $900.0 $800.0 $700.0 $600.0 $500.0 $441.1 $400.0 $300.0 $200.0 2009 $480.4 2010 $430.3 2011 $484.8 2012 $516.4 2013 $632.4 2014 $663.1 2015 $736.3

Weighted

S&P 500TECHNOLOGY

FINANCIALS

HEALTHCARE

MATERIALS

ENERGY

INDUSTRIALS

UTILITIES

CONSUMER 34Senior Research

Analysts

638Covered

Companies

Page 20: PowerPoint Presentation · $900.0 $800.0 $700.0 $600.0 $500.0 $441.1 $400.0 $300.0 $200.0 2009 $480.4 2010 $430.3 2011 $484.8 2012 $516.4 2013 $632.4 2014 $663.1 2015 $736.3
Page 21: PowerPoint Presentation · $900.0 $800.0 $700.0 $600.0 $500.0 $441.1 $400.0 $300.0 $200.0 2009 $480.4 2010 $430.3 2011 $484.8 2012 $516.4 2013 $632.4 2014 $663.1 2015 $736.3

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Page 22: PowerPoint Presentation · $900.0 $800.0 $700.0 $600.0 $500.0 $441.1 $400.0 $300.0 $200.0 2009 $480.4 2010 $430.3 2011 $484.8 2012 $516.4 2013 $632.4 2014 $663.1 2015 $736.3

Page 23: PowerPoint Presentation · $900.0 $800.0 $700.0 $600.0 $500.0 $441.1 $400.0 $300.0 $200.0 2009 $480.4 2010 $430.3 2011 $484.8 2012 $516.4 2013 $632.4 2014 $663.1 2015 $736.3
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Page 28: PowerPoint Presentation · $900.0 $800.0 $700.0 $600.0 $500.0 $441.1 $400.0 $300.0 $200.0 2009 $480.4 2010 $430.3 2011 $484.8 2012 $516.4 2013 $632.4 2014 $663.1 2015 $736.3

Page 29: PowerPoint Presentation · $900.0 $800.0 $700.0 $600.0 $500.0 $441.1 $400.0 $300.0 $200.0 2009 $480.4 2010 $430.3 2011 $484.8 2012 $516.4 2013 $632.4 2014 $663.1 2015 $736.3
Page 30: PowerPoint Presentation · $900.0 $800.0 $700.0 $600.0 $500.0 $441.1 $400.0 $300.0 $200.0 2009 $480.4 2010 $430.3 2011 $484.8 2012 $516.4 2013 $632.4 2014 $663.1 2015 $736.3
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Page 32: PowerPoint Presentation · $900.0 $800.0 $700.0 $600.0 $500.0 $441.1 $400.0 $300.0 $200.0 2009 $480.4 2010 $430.3 2011 $484.8 2012 $516.4 2013 $632.4 2014 $663.1 2015 $736.3