Camradata

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European Equity € – Three year relative risk return 4

Three Year Relative Risk Return Ended 31−Dec−2010

15.0% 0.15

Threadneedle Asset Management UBS Global Asset Management

Financiere d’Echiquier

Three Year Relative Return (Annualised)

MFS Investment Management 10.0% 0.1

Natixis Global Associates Inte.

5.0% 0.05

0.0% 0

−5.0% −0.05

−10.0% −0.1 2.0% 0.02

4.0% 0.04

6.0% 0.06

8.0% 0.08

10.0% 0.1

12.0% 0.12

14.0% 0.14

16.0% 0.16

Three Year Relative Risk (Annualised)

18.0% 0.18

20.0% 0.2

22.0% 0.22

CAMRADATA Analytical Services


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