The document provides historical performance data for equity investments, highlighting seasonality trends and portfolio performance metrics. It includes two tables: one showing median MSCI US performance by month since 1970, and another comparing annual performance of AGP, MSCI World, and S&P from 2003 to September 2017. The document emphasizes the portfolio's forward EV/EBITDA multiple discount and its potential to widen by year-end.
documents/EFTA01386150.pdf
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