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Trading & Advisory CHF H41 (58) - Vontobel Holding AG

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fpfk `ìêêÉåÅó `çìéçå k~ãÉ j~íìêáíó jáåáãìã=máÉÅÉ jççÇóDë pCm mêáÅÉ ^ÅÅK=fåíK aáêíó=mêáÅÉ vqj pt^m jçÇ=aìê<br />

upMSNPPNPNMQ rpa PKTRM ja`Jdjqk=_KsK OMKMQKOMNS OMMDMMM ^~P ^^ NMPKVRM MKOUN NMQKOPN OKSTS NUUKT PKSO<br />

upMSNSTUQRMV rpa NNKMMM obk^fpp^k`b=pb`rofqfbp=q ONKMQKOMNS OMMDMMM _N _H VMKQOM MKTVQ VNKONQ NQKPQM NPVRKS OKVO<br />

rpdONMUv^^PN rpa QKSOR `efk^=obplro`bp=i^ka=iqa NVKMRKOMNS OMMDMMM _~~O ___ NMOKQNM OKOUT NMQKSVT PKVSO POOKR PKQR<br />

upMTMUUNPSRP rpa QKVRM d^wmolj=Ed^w=`^mfq^i=p^F OPKMRKOMNS OMMDMMM ___ NMPKTRM OKPVP NMSKNQP PKVOO OUTKO PKQQ<br />

rpdRSPS`^_PM rpa UKRMM ilkhfkd=eliafkdp=iqa MPKMSKOMNS OMMDMMM _~P __ VQKRMM PKUTO VUKPTO NMKOOO USMKP OKVV<br />

upMSQQTRMMOT rpa VKPTR `fqv=lc=hvfs=Ehvfs=cfk^k NNKMTKOMNS OMMDMMM _O _J UTKRMM PKOUN VMKTUN NPKQTS NNRTKU OKVM<br />

upMSQUQMORUP rpa SKORM gp`=pbsbopq^iEpqbbi=`^mF OSKMTKOMNS OMMDMMM _~O __ NMMKNMM NKVOT NMOKMOT SKONQ RPQKR PKQO<br />

upMSRRPPURRR rpa QKTRM ib_^kbpb=obmr_if` MOKNNKOMNS NDMMM _N _ NMNKNRM MKNVU NMNKPQU QKQRP PRUKS PKUS<br />

upMSQUQMMTMO rpa PKSOR hllhjfk=_^kh NQKMNKOMNT OMMDMMM ^N ^ NMPKQVU NKOPV NMQKTPT OKUNN NVQKS QKON<br />

upMTQOPUMQNO rpa QKVRM p_bo_^kh=Ep_=`^m=p^F MTKMOKOMNT OMMDMMM ^P NMOKMMM NKPTR NMPKPTR QKQSS PQOKV QKMV<br />

upMTQQNOSVSN rpa RKQRM pq^qb=lfi=lc=^wbo_^fg^k MVKMOKOMNT OMMDMMM _~N __H NMPKTRM NKQUQ NMRKOPQ QKRQR PRVKP QKMS<br />

upMTQTVOTTQS rpa RKORM obmr_if`=lc=i^qsf^ OOKMOKOMNT OMMDMMM _~~P ___J NMOKRMM NKOQM NMPKTQM QKSQU PRRKR QKNN<br />

upMTRRRSTPMN rpa RKTRM absq=_^kh=lc=jlkdlif^ ONKMPKOMNT OMMDMMM _N __J NMMKMMM MKUVQ NMMKUVQ RKTQR QSUKM QKMV<br />

upMQVVOQRNUM rpa RKTPV orppf^k=ooEowa=`^mF MPKMQKOMNT NMMDMMM _~~N ___ NMSKRMM MKTMN NMTKOMN QKOPP POSKM QKOM<br />

rpRMMSRu^`UP rpa PKNOR hlob^=k^qflk^i=lfi=`lom MPKMQKOMNT OMMDMMM ^N ^ NMNKUQU MKPUO NMOKOPM OKTNQ NTOKQ QKQT<br />

rpmNPVPe^^SM rpa PKTRM _^k`l=i^qfkl^jbof`^kl=p^ MQKMQKOMNT NRMDMMM ___ NMMKRMM MKQQU NMMKVQU PKSPR ORQKR QKPT<br />

upMTSTQSVUOT rpa PKORM orppf^k=cbabo^qflk MQKMQKOMNT OMMDMMM _~~N ___ NMNKNMM MKPUU NMNKQUU PKMMP NVSKT QKQQ<br />

rpvVUVSo^^VS rpa SKUTR wlljiflk=eh=pms=`l=iqa MRKMQKOMNT OMMDMMM __H NMMKRMM MKUMO NMNKPMO SKTQS RUMKM QKMN<br />

upMRQNROUSUO rpa RKNOR obmr_if`=lc=ifqer^kf^ NQKMVKOMNT NMMDMMM _~~N ___ NMQKTRM MKUVT NMRKSQT QKNMV OVTKQ QKQU<br />

upMTSVRPMOPU rpa RKMMM ib_^kbpb=obmr_if` NOKNMKOMNT NDMMM ko NMNKMMM MKQUS NMNKQUS QKTUM PSPKV QKRO<br />

upMRRNPNRPUQ rpa SKTMM pbsbopq^i=Epqbbi=`^mF ORKNMKOMNT NMMDMMM _~O __ NMNKRMM MKQMV NMNKVMV SKPRQ RPRKM QKPN<br />

upMRROSTVUTV rpa RKPTR p`c=`^mfq^i=Epls`ljcilqF OTKNMKOMNT OMMDMMM _~O VSKTRM MKOVV VTKMQV SKMUR QUMKO QKQQ<br />

upMRRVUMMNOO rpa RKQRM skbpeb`lklj_^khEsb_F OOKNNKOMNT NMMDMMM ___ NMQKPRM OKSQV NMSKVVV QKRPQ PQNKS QKSM<br />

upMSNUVMRONV rpa SKTRM bso^w=dolrm=p^ OTKMQKOMNU OMMDMMM _N _H VRKSVN MKPTR VSKMSS TKSTT SMNKS QKSV<br />

upMSORRNSNRT rpa UKRMM h^whljjboqp_^kh NNKMRKOMNU OMMDMMM _O _H VNKRMM MKNQO VNKSQO NMKQUO USUKR QKQN<br />

upMPSRVOPVTT rpa SKUTR sq_=_^kh=Esq_=`^mfq^i=p^ OVKMRKOMNU NMMDMMM _~~N ___ NMRKTRM PKOOT NMUKVTT RKTOM QRPKR QKSM<br />

upMMUVPTROQV rpa NNKMMM orppf^=clobfdk=_lka OQKMTKOMNU NDMMM _~~N ___ NPVKMNM PKQRP NQOKQSP PKUMM OTSKT QKRR<br />

upMTMTUONQST bro RKPRM ib_^kbpb=obmr_if` OUKNNKOMNU NDMMM ko _ NMOKMMM OKRMM NMQKRMM QKVTU PRMKU RKPM<br />

upMTMTUNVTOT rpa RKQRM ib_^kbpb=obmr_if` OUKNNKOMNV NDMMM ko _ NMNKPRM OKRRU NMPKVMU RKOOP PSTKQ RKVP<br />

rpvVPTQj^cMS rpa SKTRM pl`f^ifpq=obm=lc=sfbqk^j OVKMNKOMOM NMMDMMM _N __J NMVKMMM OKMOR NNNKMOR RKOVN PUTKP RKVM<br />

rptOQRMR^^OP rpa NNKSOR bfibjb=O=^_=L=mlihljqbi PNKMNKOMOM OMMDMMM _P _J NMQKMMM PKRUQ NMTKRUQ NMKUMV VSUKM QKUR<br />

upMTPNNOVTQT bro NNKTRM bfibjb=O=^_=L=mlihljqbi PNKMNKOMOM NMMDMMM _P _J NMNKMMM PKSOP NMQKSOP NNKROM VUTKR QKTT<br />

upMQUQOMVNRV rpa TKORM qkhJ_m=cfk^k`b=p^ MOKMOKOMOM NMMDMMM _~~O ___J NNSKORM OKNNR NNUKPSR QKSUR PMVKN RKVN<br />

upMQURVVNQNT rpa TKPTR obmr_if`=lc=ifqer^kf^ NNKMOKOMOM NMMDMMM _~~N ___ NNTKRMM NKVST NNVKQST QKSOT PQNKV RKVP<br />

rpvNPVN`^gMM rpa RKRRM _^kh=lc=`efk^=elkd=hlkd NNKMOKOMOM NMMDMMM ^N ^ NMUKORN NKQUM NMVKTPN QKOTN OTUKU SKOM<br />

upMRMQVRQPQT rpa RKMMM orppf^=clobfdk=_lka OVKMQKOMOM NMMDMMM _~~N ___ NMTKRMM MKORM NMTKTRM PKUUR OPOKN SKRP<br />

upMRMSROTURN rpa TKMMM h^wjrk^vd^p=k^qflk^i MRKMRKOMOM NMMDMMM _~~P ___J NNQKTRM MKOPP NNQKVUP QKTPQ PPRKO SKNU<br />

upMROQSNMUNO rpa SKVMO skbpeb`lklj_^khEsb_F MVKMTKOMOM NMMDMMM ___ NNMKRMM OKQRQ NNOKVRQ RKOTV PUMKV RKVQ<br />

upMRQPTUPNVQ rpa TKTRM rho^fkb=dlsbokjbkq OPKMVKOMOM NMMDMMM _O _H VMKMMM NKNSP VNKNSP VKROR TMVKN RKQV<br />

upMRQSONQMMT rpa SKPTR h^w^hepq^k=qw=Eh^wK=o^fit^vF MSKNMKOMOM OMMDMMM _~~P ___J NNNKTRM MKSMR NNOKPRR QKSQS PNUKU SKPP<br />

upMRQUSPPSRV rpa SKRRN sq_=_^kh=Esq_=`^mfq^i=p^ NPKNMKOMOM NMMDMMM _~~N ___ NMNKMMM MKSNV NMNKSNV SKPUS QSOKR SKNM<br />

upMRRRQVPOMP rpa TKTRM ^iolp^=cfk^k`b=p^ MPKNNKOMOM OMMDMMM EmF_~P __J NMSKPTR MKPMN NMSKSTS SKTOT RNQKV RKVQ<br />

upMRRQSRVSTN rpa SKNOR irhlfi=fkqi=cfk^k`b=_s MVKNNKOMOM OMMDMMM _~~O ___J NMSKRMM MKNPS NMSKSPS RKNRQ PRQKN SKPV<br />

rpdUNURq^^TO rpa QKRMM pfkl`ebj=lsbopb^p=`^mfq^ NOKNNKOMOM NMMDMMM _~~N ___ NMMKQQO MKMSP NMMKRMR QKQPP OUTKM SKTV<br />

upMTMUUNPUNM rpa RKVVV d^wmolj=Ed^w=`^mfq^i=p^F OPKMNKOMON OMMDMMM _~~N ___ NMSKTRM NKVMM NMUKSRM RKMNS PNSKP SKSP<br />

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