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!III Week1 III Decision to match the benchmark with a decrease of 1%.
II II II General consensus to upgrade it to 11.9% from previous of 5.9%·
Positive performance during winter months . III Following big storms - this would lead to more energy consumption.
Week 3 III Maintain weight at the same level.
Week 4 . II II II Downgraded weight to 10%. II Major upward move of oil prices. II Similar impact as Industrials. II Slows down as moving out of winter season • D Difference in weight compared to Benchmark.
2·50% - 2.00% 1.50% ",HY
1.00% 0.50% 0.00% k~~J~=1:-~:=~~::=~~~/7
2/25/11 • 3/18/11 • • ...
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- Fall '11