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					                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       Analisi performance
Portafoglio: BETA 50-50                                                                                                                                                                                       Benchmark: FIDMBILC                                                                                                                                                                                                                       Dt inizio: 01/08/2010                                                                                                                                                                            Dt fine: 02/09/2012                                                                                        Valuta: EUR
Periodo: 1 G                                                                                                                                                                                                                                                                                                                                                                                                Dati stor: Rend tot                                                                                                                                                                                                                                                                                                                    TR Week: Port Default

                                                                                                                                                                                                                             Rend tot: 20.955 Benchmark: 2.892                                                                                                                                                                                                                                                                                                                                                                                                                                       Analisi performance
     25.00                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Performance: Giornaliero                                                                 Portafoglio                       Benchmark
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Total Return 1 Mesi                                                                            1.68                              4.77
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Total Return MTD                                                                               0.60                              1.97
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Total Return QTD                                                                               3.18                              5.46
     20.00
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Total Return YTD                                                                               3.18                              5.46
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Total Return 3 Mesi                                                                            6.52                              7.85
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Total Return 6 Mesi                                                                           10.92                              8.89
     15.00                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Total Return 1 Anno                                                                            8.65                             -1.32
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Total Return 2 Anno                                                                           22.36                              6.31
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Total Return 3 Anno                                                                                --                           16.87
     10.00
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Risk: Settimanale
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Standard Deviation 1 Anni                                                                             7.35                      10.50
      5.00
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Semivariance 1 Anno                                                                                   6.82                      10.91
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Beta 1 Anno                                                                                           0.53                          --
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Correlation 1 Anno                                                                                    0.76                          --
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             R-Squared 1 Anno                                                                                      0.58                          --
      0.00                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Information Ratio 1 Anno                                                                              1.49                          --
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Sharpe Ratio vs Risk Free 1 Anno                                                                      1.22                      -0.14
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Tracking Error 1 Anno                                                                                 6.83                          --
     -5.00



    -10.00
               1/                  2/              3/                  4/              4/                 5/              6/                7/               7/                  8/              9/                10               10                 11                  12                1/              1/               2/              3/              4/                     4/                 5/               6/              7/              7/                8/              9/              10                 10                 11              12              1/              1/
                    24                  16              11                  3/              26                 19              11                4/               27                  19              11                 /4                 /2               /1                 /1                4/              27               19              14                 6/                  29                 22               14              7/              30                22              14                 /7                 /3              /2              /1              7/              30
                          /2                 /2              /2                  20              /2                 /2              /2                20               /2                  /2              /2                 /2                 7/                 9/               2/                20              /2               /2              /2                 20                  /2                 /2               /2              20              /2                /2              /2                 /2                 0/              2/              5/              20              /2
                               01                 01              01                  10              01                 01              01                10               01                  01              01                 01                 20                 20               20                11              01               01              01                 11                  01                 01               01              11              01                01              01                 01                 20              20              20              12              01
                                    0                  0               0                                   0                  0               0                                  0                   0               0                  0                  10                 10               10                                1                1               1                                         1               1                1                               1                 1               1                  1                  11              11              11                              2


                                                                                                                                                                                                                                                      FIDMBILC                                                                       BETA 50-50




                                                                                                                                            Performance vs Benchmark                                                                                                                                                                                                                                                                                                                                                                                                                                                               Distribuzione rendimento
     25.00                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         140


     20.00                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         120

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   100
     15.00


                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Periodictà
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     80
     10.00
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     60
      5.00
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     40

      0.00                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           20

     -5.00                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                0
               2/              3/                 4/              5/              6/              7/                8/              9/                10               11              12                1/              2/              3/                 4/                5/              6/              7/              9/              10              11                 12                 1/              2/                                                                                                                -1                  -1                    -1               -0                      -0        -0          -0           -0        0.                   0.        0.       0.        0.       1.       1.          1.       1.
                    2/              6/                 7/              9/              10              12                13              14                 /1              /1              /1                20              21              25                 26                28              29              31              1/              /3                 /4                 /6              7/              8/                                                                                                                .5                  .3                    .1               .9                      .7        .5          .3           .1        09                    3        5        7         9        1        3           5        7
                         20              20                 20              20              /2              /2                /2              /2                 6/              7/              9/                /2              /2                 /2              /2                /2              /2              /2              20              /2                 /2                 /2              20              20
                              10              10                 10              10              01              01                01              01                 20              20              20                01              01                 01              01                01              01              01              11              01                 01                 01              12              12                                                                                                                                                                                                                                           99
                                                                                                      0               0                 0               0                  10              10              10                1               1                  1               1                 1               1               1                               1                  1                  1                                                                                                                                                                                                                                                                            99
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          99
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               ...



The format and content of this report may not be modified or altered (including, but not limited to, via deletion or addition) in any way.The BLOOMBERG PROFESSIONAL service and BLOOMBERG Data are owned and distributed locally by Bloomberg Finance L.P. (“BFLP”) and its subsidiaries in all jurisdictions
other than Argentina, Bermuda, China, India, Japan and Korea (the “BLP Countries”). BFLP is a wholly-owned subsidiary of Bloomberg L.P. (“BLP”). BLP provides BFLP with all global marketing and operational support and service for the Services and distributes the Services either directly or through a non-
BFLP subsidiary in the BLP Countries. BFLP, BLP and their affiliates do not provide investment advice or guarantee the accuracy of prices or information in the Services. Nothing on the Services shall constitute an offering of financial instruments by BFLP, BLP or their affiliates.



Bloomberg ®                   Performance                                                    02/20/2012 02:27:02                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 1
                                                                                                                                                                                                                                                                                                                                                                                         Analisi performance
Portafoglio: BETA 50-50                                                                                                                                                                                Benchmark: FIDMBILC                                                                            Dt inizio: 01/08/2010                                Dt fine: 02/09/2012                                         Valuta: EUR
Periodo: 1 G                                                                                                                                                                                                                                                                            Dati stor: Rend tot                                                                                                  TR Week: Port Default

                                                                           Analisi periodo assoluto                                                                                                                                                                Analisi periodo                                                         1 G Return
                                                                                                                                                                                                                                                                                                   Positiva        Negativa         Tot                        Performance periodica                   Performance cumulativa
       1.50
                                                                                                                                                                                                                                                                   Numero                              312             232         544                  Portafoglio Benchmark            +/-     Portafoglio Benchmark            +/-
                                                                                                                                                                                                                                                                   %                                 57.35           42.65       100.00    02/09/2012         -0.15        0.02        -0.17          20.95         2.89        18.06
                                                                                                                                                                                                                                                                   Media                              0.31            -0.33        0.04    02/08/2012          0.18        0.07         0.11          21.14         2.87        18.27
       1.00                                                                                                                                                                                                                                                        Dev standard                       0.24             0.30        0.41    02/07/2012         -0.55       -0.29        -0.25          20.93         2.80        18.12
                                                                                                                                                                                                                                                                   Sequenza mass                         18               7          18    02/06/2012         -0.19        0.21        -0.40          21.59         3.11        18.48
                                                                                                                                                                                                                                                                   Sequenza media                     2.64             1.95        2.30    02/03/2012          0.70        0.68         0.02          21.82         2.89        18.93
       0.50                                                                                                                                                                                                                                                                                                                                02/02/2012          0.28        0.45        -0.17          20.97         2.20        18.77
                                                                                                                                                                                                                                                                                                                                           02/01/2012          0.33        0.82        -0.49          20.63         1.74        18.90
                                                                                                                                                                                                                                                                                                                                           01/31/2012          0.50        0.31         0.18          20.23         0.91        19.33
       0.00                                                                                                                                                                                                                                                                                                                                01/30/2012         -0.22       -0.50         0.27          19.64         0.59        19.05
                                                                                                                                                                                                                                                                                                                                           01/27/2012         -0.11       -0.04        -0.06          19.91         1.10        18.81
                                                                                                                                                                                                                                                                                                                                           01/26/2012          0.39        0.32         0.07          20.04         1.14        18.90
                                                                                                                                                                                                                                                                   Migliori-Peggiori                                                       01/25/2012          0.00        0.07        -0.07          19.57         0.82        18.76
      -0.50
                                                                                                                                                                                                                                                                                                          Performance               Data   01/24/2012         -0.10       -0.09        -0.01          19.58         0.75        18.83
                                                                                                                                                                                                                                                                   Migliore 1                                     1.47        05/10/2010   01/23/2012         -0.20        0.14        -0.35          19.70         0.84        18.86
                                                                                                                                                                                                                                                                   Migliore 2                                     1.20        11/30/2011   01/20/2012          0.02        0.09        -0.07          19.94         0.70        19.24
      -1.00                                                                                                                                                                                                                                                        Migliore 3                                     1.16        05/06/2011   01/19/2012         -0.04        0.44        -0.48          19.92         0.61        19.31
                                                                                                                                                                                                                                                                   Peggiore 1                                    -1.44        08/05/2011   01/18/2012         -0.18        0.11        -0.29          19.97         0.17        19.80
                                                                                                                                                                                                                                                                   Peggiore 2                                    -1.44        07/01/2010   01/17/2012          0.08        0.40        -0.33          20.19         0.06        20.14
      -1.50                                                                                                                                                                                                                                                        Peggiore 3                                    -1.25        09/22/2011   01/16/2012          0.11        0.12        -0.02          20.10        -0.35        20.45
              2/             4/             5/             7/             8/             10             11             1/             2/             4/             5/             7/             8/             10             11             1/
                   16             3/             19             4/             19             /4             /1             4/             19             6/             22             7/             22             /7             /2             7/                                                                                     01/13/2012          0.49        0.16         0.34          19.97        -0.47        20.44
                        /2             20             /2             20             /2             /2             9/             20             /2             20             /2             20             /2             /2             2/             20
                             01             10             01             10             01             01             20             11             01             11             01             11             01             01             20             12                                                                           01/12/2012         -0.28        0.18        -0.46          19.38        -0.63        20.01
                                  0                             0                             0              0              10                            1                             1                             1              1              11
                                                                                                                                                                                                                                                                                                                                           01/11/2012          0.19        0.29        -0.10          19.71        -0.81        20.52
                                                                                                                                                                                                                                                                                                                                           01/10/2012          0.44        0.71        -0.26          19.48        -1.10        20.58
                                                                                                                                                                                                                                                                                                                                           01/09/2012          0.03       -0.22         0.24          18.95        -1.79        20.75
                                                                                                                                                                                                                                                                                                                                           01/06/2012          0.37        0.00         0.37          18.92        -1.58        20.50
                                                                                                                                                                                                                                                                                                                                           01/05/2012          0.62       -0.28         0.90          18.49        -1.58        20.07
                                                                                                                                                                                                                                                                                                                                           01/04/2012          0.15        0.14         0.01          17.76        -1.30        19.06
                                                                               Analisi periodo relativo                                                                                                                                                            Analisi periodo                                                         01/03/2012          0.02        0.54        -0.52          17.59        -1.43        19.02
       1.50
                                                                                                                                                                                                                                                                                           Positiva     Negativa    Coerente Incoerente    01/02/2012          0.29        0.48        -0.20          17.56        -1.96        19.53
                                                                                                                                                                                                                                                                   Numero                      275          269          424        120    12/30/2011          0.22        0.29        -0.07          17.23        -2.43        19.66
                                                                                                                                                                                                                                                                   %                         50.55        49.45        77.94      22.06    12/29/2011          0.05        0.38        -0.33          16.98        -2.71        19.69
       1.00                                                                                                                                                                                                                                                        Differenza media           0.28         -0.23        0.00       0.11    12/28/2011          0.29       -0.22         0.51          16.91        -3.08        20.00
                                                                                                                                                                                                                                                                   Differenza dev std         0.24          0.22        0.29       0.49    12/27/2011          0.15        0.01         0.14          16.58        -2.87        19.45
                                                                                                                                                                                                                                                                   Sequenza mass                 10            8          21          4    12/26/2011          0.03        0.00         0.03          16.40        -2.88        19.28
       0.50
                                                                                                                                                                                                                                                                   Sequenza media             1.99          1.94        4.28       1.21    12/23/2011          0.20        0.45        -0.25          16.37        -2.88        19.25
                                                                                                                                                                                                                                                                                                                                           12/22/2011          0.30        0.38        -0.08          16.14        -3.32        19.46
       0.00                                                                                                                                                                                                                                                                                                                                12/21/2011          0.07        0.15        -0.08          15.79        -3.69        19.48
                                                                                                                                                                                                                                                                                                                                           12/20/2011          0.45        0.85        -0.40          15.71        -3.83        19.54
                                                                                                                                                                                                                                                                                                                                           12/19/2011          0.07       -0.13         0.20          15.20        -4.64        19.84
      -0.50
                                                                                                                                                                                                                                                                                                                                           12/16/2011         -0.02        0.05        -0.07          15.11        -4.52        19.63
                                                                                                                                                                                                                                                                                                                                           12/15/2011          0.21        0.11         0.11          15.14        -4.56        19.70
      -1.00                                                                                                                                                                                                                                                                                                                                12/14/2011         -0.63       -0.50        -0.12          14.89        -4.66        19.56
                                                                                                                                                                                                                                                                   Migliori-Peggiori                                                       12/13/2011          0.63        0.08         0.54          15.62        -4.18        19.80
                                                                                                                                                                                                                                                                                         Differenza Perf fondo Perf indice       Data      12/12/2011          0.20       -0.42         0.62          14.90        -4.26        19.16
      -1.50                                                                                                                                                                                                                                                        Migliore 1                   1.18      -0.18      -1.36 08/04/2011      12/09/2011         -0.12       -0.73         0.61          14.67        -3.86        18.53
                                                                                                                                                                                                                                                                   Migliore 2                   1.13      -0.20      -1.33 09/05/2011      12/08/2011          0.03        0.00         0.03          14.81        -3.15        17.96
                                                                                                                                                                                                                                                                   Migliore 3                   1.09       0.22      -0.87 08/10/2011      12/07/2011         -0.15        0.00        -0.15          14.77        -3.15        17.92
      -2.00
              2/             4/             5/             7/             8/             10             11             1/             2/             4/             5/             7/             8/             10             11             1/                  Peggiore 1                  -1.60      -0.45       1.15 10/27/2011
                   16             3/             19             4/             19             /4             /1             4/             19             6/             22             7/             22             /7             /2             7/                                                                                     12/06/2011         -0.12        0.06        -0.17          14.95        -3.15        18.10
                        /2             20             /2             20             /2             /2             9/             20             /2             20             /2             20             /2             /2             2/             20        Peggiore 2                  -1.10       1.47       2.56 05/10/2010
                             01             10             01             10             01             01             20             11             01             11             01             11             01             01             20             12                                                                           12/05/2011          0.14        0.76        -0.61          15.08        -3.21        18.29
                                  0                             0                             0              0              10                            1                             1                             1              1              11             Peggiore 3                  -1.06      -0.56       0.50 10/10/2011      12/02/2011          0.27        0.53        -0.26          14.91        -3.93        18.85
                                                                                                                                                                                                                                                                                                                                           12/01/2011          0.54        0.69        -0.14          14.60        -4.44        19.04
                                                                                                                                                                                                                                                                                                                                                                                               History limited to maximum 51 dates.

The format and content of this report may not be modified or altered (including, but not limited to, via deletion or addition) in any way.The BLOOMBERG PROFESSIONAL service and BLOOMBERG Data are owned and distributed locally by Bloomberg Finance L.P. (“BFLP”) and its subsidiaries in all jurisdictions
other than Argentina, Bermuda, China, India, Japan and Korea (the “BLP Countries”). BFLP is a wholly-owned subsidiary of Bloomberg L.P. (“BLP”). BLP provides BFLP with all global marketing and operational support and service for the Services and distributes the Services either directly or through a non-
BFLP subsidiary in the BLP Countries. BFLP, BLP and their affiliates do not provide investment advice or guarantee the accuracy of prices or information in the Services. Nothing on the Services shall constitute an offering of financial instruments by BFLP, BLP or their affiliates.



Bloomberg ®                  Periodo                                  02/20/2012 02:27:02                                                                                                                                                                                                                                                                                                                                          2
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    Analisi performance
Portafoglio: BETA 50-50                                                            Benchmark: FIDMBILC                                                                       Dt inizio: 01/08/2010                                                                                                                                                                                          Dt fine: 02/09/2012                                                                                                                                                                                               Valuta: EUR
Periodo: 1 G                                                                                                                           Dati stor: Rend tot                                                                                                                                                                                                                                                                                                                                                                                                     TR Week: Port Default

                                                         Tracking                                                                                                                                                                                                                  Mean Return Sett: 52 Sett Annualized
                      2                                                                                                        25.00


                                                                                                                               20.00


                                                                                                                               15.00
                    1.2

                                                                                                                               10.00


                                                                                                                                5.00
                    0.4
       BETA 50-50




                                                                                                                                0.00


                                                                                                                               -5.00

                    -0.4
                                                                                                                              -10.00
                                                                                                                                         1/              2/              3/              4/              5/              6/              7/              8/              9/              9/              10                 11              12              1/              2/              3/              4/              5/              5/              6/              7/              8/              9/              10                 11              12                 12                 1/
                                                                                                                                              28              24              23              19              16              12              9/              5/              1/              28                 /2              /2              /1              14              10              9/              5/              2/              29              25              22              18              14                 /1              /7                 /4                 /3              27
                                                                                                                                                   /2              /2              /2              /2              /2              /2              20              20              20              /2                 5/              1/              8/              /2              /2              20              20              20              /2              /2              /2              /2              /2                 1/              /2                 /2                 1/              /2
                                                                                                                                                        01              01              01              01              01              01              10              10              10              01                 20              20              20              01              01              11              11              11              01              01              01              01              01                 20              01                 01                 20              01
                                                                                                                                                             0               0               0               0               0               0                                                               0                  10              10              10              1               1                                                               1               1               1               1               1                  11              1                  1                  11              2

                    -1.2
                                                                                                                                                                                                                                                                                                             BETA 50-50                                                                             FIDMBILC




                                                                                                                                                                                                                                                                    Standard Deviation Sett: 52 Sett Annualized
                     -2                                                                                                        12.00
                           -3        -2          -1            0               1          2            3        4


                                                                   FIDMBILC                                                    10.00



Se la maggioranza dei ritorni supera la linea breakeven, il fondo ha battuto il benchmark.                                      8.00



1ma osservzne 01/11/2010                              O 275 Periodi in rialzo             --- Retta di regressione              6.00
                                                      O 269 Periodi in ribasso            --- Retta di breakeven

Indicatori tracking                                                                                                             4.00
                                                                       Total                    Bull                  Bear
Alpha                                                                  0.03                     0.08                  0.03
Beta                                                                   0.63                     0.51                  0.66      2.00
Correlation                                                            0.68                     0.50                  0.54
Mean Excess Return                                                     8.03                   -15.10                 47.55
Information Ratio                                                      1.44                    -3.06                  8.28      0.00
Jensen Alpha                                                           8.36                    22.81                 -2.61               1/              2/              3/              4/              5/              6/              7/              8/              9/              9/              10                 11              12              1/              2/              3/              4/              5/              5/              6/              7/              8/              9/              10                 11              12                 12                 1/
                                                                                                                                              28              24              23              19              16              12              9/              5/              1/              28                 /2              /2              /1              14              10              9/              5/              2/              29              25              22              18              14                 /1              /7                 /4                 /3              27
R-Squared                                                              0.46                     0.25                  0.29                         /2              /2              /2              /2              /2              /2              20              20              20              /2                 5/              1/              8/              /2              /2              20              20              20              /2              /2              /2              /2              /2                 1/              /2                 /2                 1/              /2
                                                                                                                                                        01              01              01              01              01              01              10              10              10              01                 20              20              20              01              01              11              11              11              01              01              01              01              01                 20              01                 01                 20              01
Sortino Ratio Vs Index                                                 1.08                    -3.25                  6.70                                   0               0               0               0               0               0                                                               0                  10              10              10              1               1                                                               1               1               1               1               1                  11              1                  1                  11              2
Tracking Error                                                         5.57                     4.94                  5.74
                                                                                                                                                                                                                                                                                                             BETA 50-50                                                                             FIDMBILC




The format and content of this report may not be modified or altered (including, but not limited to, via deletion or addition) in any way.The BLOOMBERG PROFESSIONAL service and BLOOMBERG Data are owned and distributed locally by Bloomberg Finance L.P. (“BFLP”) and its subsidiaries in all jurisdictions
other than Argentina, Bermuda, China, India, Japan and Korea (the “BLP Countries”). BFLP is a wholly-owned subsidiary of Bloomberg L.P. (“BLP”). BLP provides BFLP with all global marketing and operational support and service for the Services and distributes the Services either directly or through a non-
BFLP subsidiary in the BLP Countries. BFLP, BLP and their affiliates do not provide investment advice or guarantee the accuracy of prices or information in the Services. Nothing on the Services shall constitute an offering of financial instruments by BFLP, BLP or their affiliates.



Bloomberg ®                Tracking - Statistiche scorrevoli        02/20/2012 02:27:02                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      3
                                                                                                                                                                                                                                                               Analisi performance
Portafoglio: BETA 50-50                                                    Benchmark: FIDMBILC                                                       Dt inizio: 01/08/2010                                                 Dt fine: 02/09/2012                                                  Valuta: EUR
Periodo: 1 G                                                                                                                          Dati stor: Rend tot                                                                                                                          TR Week: Port Default

Seasonality
Anno                                     Gen                    Feb                     Mar                     Apr                   Mag                      Giu                   Lug                     Ago                     Set                     Ott                   Nov                     Dic
2010                                     0.08                   1.85                    3.93                   0.81                   0.00                   -0.40                  -0.04                    1.15                   0.34                    0.42                   2.15                   1.71
2011                                    -1.76                   1.72                   -0.72                   0.20                   2.11                   -1.95                   1.28                   -1.49                   0.55                    1.68                   0.35                   2.85
2012                                     2.56                      --                      --                     --                     --                      --                     --                      --                     --                      --                     --                     --
Average                                  0.30                   1.79                    1.60                   0.51                   1.06                   -1.18                   0.62                   -0.17                   0.44                    1.05                   1.25                   2.28




    4.00




    2.00




    0.00




    -2.00
                               Gen                   Feb                  Mar                   Apr                    Mag                  Giu                 Lug                   Ago                   Set                  Ott                  Nov                   Dic




                                                                                                                                     2012             2011              2010




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Bloomberg ®        Seasonality        02/20/2012 02:27:02                                                                                                                                                                                                                                                     4

				
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