BUY OPPORTUNITY VENTICINQUESIMA EDIZIONE

stampa | chiudi

19 Settembre 2009  Scritto da: Redazione


<p class="MsoNormal" style="background: #f2f2f2; margin: 0cm 0cm 0pt 36pt; mso-shading: white; mso-pattern: solid #F2F2F2"><span style="font-size: 10pt; color: #555555; font-family: &quot;Arial&quot;,&quot;sans-serif&quot;">BUY OPPORTUNITY del 19 settembre</span><span style="font-size: 5.5pt; color: #555555; font-family: &quot;Arial&quot;,&quot;sans-serif&quot;"> </span><span style="font-size: 10pt; color: #555555; font-family: &quot;Arial&quot;,&quot;sans-serif&quot;">2009</span><span style="font-size: 5.5pt; color: #555555; font-family: &quot;Arial&quot;,&quot;sans-serif&quot;"><o:p></o:p></span></p> <p class="MsoNormal" style="margin: 0cm 0cm 0pt 36pt"><o:p><font face="Times New Roman" size="3">&nbsp;</font></o:p></p> <p class="MsoNormal" style="margin: 0cm 0cm 0pt 36pt"><span style="font-size: 8pt"><font face="Times New Roman">Monitoriamo insieme le operazioni aperte nelle precedenti edizioni andando ad esprimere un nuovo &ldquo;rating&rdquo;:<o:p></o:p></font></span></p> <p class="MsoNormal" style="margin: 0cm 0cm 0pt 36pt"><span style="font-size: 8pt; color: #555555; font-family: &quot;Arial&quot;,&quot;sans-serif&quot;"><o:p>&nbsp;</o:p></span></p> <p> <table class="MsoNormalTable" cellspacing="0" cellpadding="0" border="0" style="margin: auto auto auto -8.9pt; border-collapse: collapse; mso-table-layout-alt: fixed; mso-padding-alt: 0cm 9.0pt 0cm 9.0pt"> <tbody> <tr style="height: 52.4pt; mso-yfti-irow: 0; mso-yfti-firstrow: yes"> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: windowtext 1pt solid; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 52.4pt; background-color: transparent"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><b><span style="font-size: 8pt"><font face="Times New Roman">Numero della Buy opportunity</font></span></b></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: windowtext 1pt solid; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 52.4pt; background-color: transparent"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><b><span style="font-size: 8pt"><font face="Times New Roman">Data</font></span></b></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: windowtext 1pt solid; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 52.4pt; background-color: transparent"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><b><span style="font-size: 8pt"><font face="Times New Roman">Strumento finanziario</font></span></b></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: windowtext 1pt solid; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 52.4pt; background-color: transparent"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><b><span style="font-size: 8pt"><font face="Times New Roman">Prezzo di acquisto alla data della &ldquo;Buy Opportunity&rdquo;</font></span></b></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: windowtext 1pt solid; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 52.4pt; background-color: transparent"> <p class="MsoNormal" style="margin: 0cm 0cm 0pt"><b><span style="font-size: 8pt"><font face="Times New Roman">Bid price al 19 settembre <span style="mso-spacerun: yes">&nbsp;</span>2009</font></span></b></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: windowtext 1pt solid; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.75pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 52.4pt; background-color: transparent"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><b><span style="font-size: 8pt"><font face="Times New Roman">Rendimento dalla data della &ldquo;Buy Opportunity&rdquo;</font></span></b></p> </td> <td width="93" style="border-right: windowtext 1pt solid; padding-right: 9pt; border-top: windowtext 1pt solid; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 52.4pt; background-color: transparent"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><b><span style="font-size: 8pt"><font face="Times New Roman">Note e rating</font></span></b></p> </td> </tr> <tr style="height: 33.4pt; mso-yfti-irow: 1"> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">1</font></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><span style="font-size: 8pt"><font face="Times New Roman">02 febbraio 09</font></span></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><span style="font-size: 8pt"><font face="Times New Roman">Carmignac Patrimoine</font></span></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">4285,02</font></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">4828,67</font></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.75pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">12,68%</font></p> </td> <td valign="top" width="93" style="border-right: windowtext 1pt solid; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" style="margin: 0cm 0cm 0pt"><span style="font-size: 8pt"><font face="Times New Roman">Volatilit&agrave; media nuovo giudizio: Buy</font></span></p> </td> </tr> <tr style="height: 44.6pt; mso-yfti-irow: 2"> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 44.6pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">3</font></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 44.6pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><span style="font-size: 8pt"><font face="Times New Roman">15 febbraio 09</font></span></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 44.6pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><span style="font-size: 8pt"><font face="Times New Roman">General Electric tv 2016</font></span></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 44.6pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">80,00</font></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 44.6pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">91,84</font></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.75pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 44.6pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman"><font size="3">14,80% </font><span style="font-size: 8pt">pi&ugrave; rateo interessi</span></font></p> </td> <td valign="top" width="93" style="border-right: windowtext 1pt solid; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 44.6pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" style="margin: 0cm 0cm 0pt"><span style="font-size: 8pt"><font face="Times New Roman">Volatilit&agrave; alta nuovo giudizio Hold </font></span></p> </td> </tr> <tr style="height: 52.4pt; mso-yfti-irow: 3"> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 52.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">7</font></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 52.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><span style="font-size: 8pt"><font face="Times New Roman">22 marzo 09</font></span></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 52.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><span style="font-size: 8pt"><font face="Times New Roman">Carmignac Investissement</font></span></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 52.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">5673,01</font></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 52.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">7505,38</font></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.75pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 52.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">32,29%</font></p> </td> <td valign="top" width="93" style="border-right: windowtext 1pt solid; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 52.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" style="margin: 0cm 0cm 0pt"><span style="font-size: 8pt"><font face="Times New Roman">Volatilit&agrave; alta nuovo giudizio Hold</font></span></p> </td> </tr> <tr style="height: 42.9pt; mso-yfti-irow: 4"> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 42.9pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">8</font></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 42.9pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><span style="font-size: 8pt"><font face="Times New Roman">05 aprile 09</font></span></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 42.9pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><span style="font-size: 8pt"><font face="Times New Roman">Schroder Bric</font></span></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 42.9pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">120,23</font></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 42.9pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">175,61</font></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.75pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 42.9pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman"><font size="3">41,86% </font><span style="font-size: 8pt">corretto per il cambio</span></font></p> </td> <td valign="top" width="93" style="border-right: windowtext 1pt solid; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 42.9pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" style="margin: 0cm 0cm 0pt"><span style="font-size: 8pt"><font face="Times New Roman">Volatilit&agrave; altissima nuovo giudizio hold</font></span></p> </td> </tr> <tr style="height: 33.4pt; mso-yfti-irow: 5"> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">9</font></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><span style="font-size: 8pt"><font face="Times New Roman">18 aprile 09</font></span></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><span style="font-size: 8pt"><font face="Times New Roman">Mps 2015 frn</font></span></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">92</font></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">94,75</font></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.75pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman"><font size="3">2,98% </font><span style="font-size: 8pt">oltre al rateo interesi</span></font></p> </td> <td valign="top" width="93" style="border-right: windowtext 1pt solid; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" style="margin: 0cm 0cm 0pt"><span style="font-size: 8pt"><font face="Times New Roman">Volatilit&agrave; media nuovo giudizio Hold</font></span></p> </td> </tr> <tr style="height: 33.4pt; mso-yfti-irow: 6"> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">10</font></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><span style="font-size: 8pt"><font face="Times New Roman">25 aprile 09</font></span></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><span style="font-size: 8pt"><font face="Times New Roman">Merril Lynch 29 06 2012 frn</font></span></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">82</font></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">94,54</font></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.75pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman"><font size="3">15,29% </font><span style="font-size: 8pt">oltre al rateo interessi</span></font></p> </td> <td valign="top" width="93" style="border-right: windowtext 1pt solid; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" style="margin: 0cm 0cm 0pt"><span style="font-size: 8pt"><font face="Times New Roman">Volatilit&agrave; alta nuovo giudizio Hold</font></span></p> </td> </tr> <tr style="height: 33.4pt; mso-yfti-irow: 7"> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">11</font></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><span style="font-size: 8pt"><font face="Times New Roman">09 maggio 09</font></span></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><span style="font-size: 8pt"><font face="Times New Roman">Citigroup 02 08 2019 5%</font></span></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">76</font></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">91,16</font></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.75pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman"><font size="3">19,94% </font><span style="font-size: 8pt">oltre al rateo interessi</span></font></p> </td> <td valign="top" width="93" style="border-right: windowtext 1pt solid; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" style="margin: 0cm 0cm 0pt"><span style="font-size: 8pt"><font face="Times New Roman">Volatilit&agrave; alta nuovo giudizio buy</font></span></p> </td> </tr> <tr style="height: 42.9pt; mso-yfti-irow: 8"> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 42.9pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">18</font></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 42.9pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><span style="font-size: 8pt"><font face="Times New Roman">31 luglio 09</font></span></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 42.9pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><span style="font-size: 8pt"><font face="Times New Roman">CCT 2015</font></span></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 42.9pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">98</font></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 42.9pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">98,80</font></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.75pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 42.9pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman"><font size="3">0,81% </font><span style="font-size: 8pt">oltre al rateo interessi</span></font></p> </td> <td valign="top" width="93" style="border-right: windowtext 1pt solid; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 42.9pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" style="margin: 0cm 0cm 0pt"><span style="font-size: 8pt"><font face="Times New Roman">Volatilit&agrave; medio bassa nuovo giudizio hold</font></span></p> </td> </tr> <tr style="height: 33.4pt; mso-yfti-irow: 9"> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">18</font></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><span style="font-size: 8pt"><font face="Times New Roman">31 luglio 09</font></span></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><span style="font-size: 8pt"><font face="Times New Roman">Barclays 2019 6%</font></span></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">101,50</font></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">105,95</font></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.75pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman"><font size="3">4,38% </font><span style="font-size: 8pt">oltre al rateo interessi</span></font></p> </td> <td valign="top" width="93" style="border-right: windowtext 1pt solid; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" style="margin: 0cm 0cm 0pt"><span style="font-size: 8pt"><font face="Times New Roman">Volatilit&agrave; alta nuovo giudizio hold</font></span></p> </td> </tr> <tr style="height: 33.4pt; mso-yfti-irow: 10"> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">18</font></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><span style="font-size: 8pt"><font face="Times New Roman">31 luglio 09</font></span></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><span style="font-size: 8pt"><font face="Times New Roman">Telecom 2012 frn</font></span></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">97,15</font></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">97,42</font></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.75pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman"><font size="3">0,27% </font><span style="font-size: 8pt">oltre al rateo interessi</span></font></p> </td> <td valign="top" width="93" style="border-right: windowtext 1pt solid; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" style="margin: 0cm 0cm 0pt"><span style="font-size: 8pt"><font face="Times New Roman">Volatilit&agrave; media nuovo giudizio hold</font></span></p> </td> </tr> <tr style="height: 33.4pt; mso-yfti-irow: 11"> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">19</font></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><span style="font-size: 8pt"><font face="Times New Roman">04 agosto 09</font></span></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><span style="font-size: 8pt"><font face="Times New Roman">Abn Amro 2019 5,5%</font></span></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">99,70</font></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">102,90</font></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.75pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman"><font size="3">3,1% </font><span style="font-size: 8pt">oltre al rateo interessi</span></font></p> </td> <td valign="top" width="93" style="border-right: windowtext 1pt solid; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" style="margin: 0cm 0cm 0pt"><span style="font-size: 8pt"><font face="Times New Roman">Volatilit&agrave; alta nuovo giudizio hold</font></span></p> </td> </tr> <tr style="height: 33.4pt; mso-yfti-irow: 12"> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">20</font></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><span style="font-size: 8pt"><font face="Times New Roman">07 agosto 09</font></span></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><span style="font-size: 8pt"><font face="Times New Roman">Bfcm perpetual</font></span></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">54</font></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">54,5</font></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.75pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman"><font size="3">0,92% </font><span style="font-size: 8pt">oltre al rateo interessi</span></font></p> </td> <td valign="top" width="93" style="border-right: windowtext 1pt solid; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" style="margin: 0cm 0cm 0pt"><span style="font-size: 8pt"><font face="Times New Roman">Volatilit&agrave; altissima nuovo giudizio Buy</font></span></p> </td> </tr> <tr style="height: 33.4pt; mso-yfti-irow: 13"> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">21</font></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><span style="font-size: 8pt"><font face="Times New Roman">07 agosto 09 </font></span></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><span style="font-size: 8pt"><font face="Times New Roman">Lyxor Lev Dax</font></span></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">33</font></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">35,60</font></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.75pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">7,87%</font></p> </td> <td valign="top" width="93" style="border-right: windowtext 1pt solid; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" style="margin: 0cm 0cm 0pt"><span style="font-size: 8pt"><font face="Times New Roman">Volatilit&agrave; altissima nuovo giudizio hold</font></span></p> </td> </tr> <tr style="height: 33.4pt; mso-yfti-irow: 14"> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">23</font></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><span style="font-size: 8pt"><font face="Times New Roman">08 settembre 09<o:p></o:p></font></span></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><span style="font-size: 8pt"><font face="Times New Roman">Finmeccani 2025<o:p></o:p></font></span></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">92,6</font></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">94,9</font></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.75pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman"><font size="3">2,48% </font><span style="font-size: 8pt">oltre al rateo interssi</span></font></p> </td> <td valign="top" width="93" style="border-right: windowtext 1pt solid; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" style="margin: 0cm 0cm 0pt"><span style="font-size: 8pt"><font face="Times New Roman">Volatilt&agrave; alta nuovo giudizio hold<o:p></o:p></font></span></p> </td> </tr> <tr style="height: 33.4pt; mso-yfti-irow: 15; mso-yfti-lastrow: yes"> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">24</font></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><span style="font-size: 8pt"><font face="Times New Roman">10 settembre 09<o:p></o:p></font></span></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><span style="font-size: 8pt"><font face="Times New Roman">Unipol 2023<o:p></o:p></font></span></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">98</font></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman" size="3">97</font></p> </td> <td width="93" style="border-right: #ece9d8; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.75pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" align="center" style="margin: 0cm 0cm 0pt; text-align: center"><font face="Times New Roman"><font size="3">-1,02% </font><span style="font-size: 8pt">oltre al rateo interessi</span></font></p> </td> <td valign="top" width="93" style="border-right: windowtext 1pt solid; padding-right: 9pt; border-top: #ece9d8; padding-left: 9pt; padding-bottom: 0cm; border-left: windowtext 1pt solid; width: 69.8pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 33.4pt; background-color: transparent; mso-border-top-alt: solid windowtext 1.0pt"> <p class="MsoNormal" style="margin: 0cm 0cm 0pt"><span style="font-size: 8pt"><font face="Times New Roman">Volatilit&agrave; alta nuovo giudizio buy<o:p></o:p></font></span></p> </td> </tr> </tbody> </table> </p> <p class="MsoNormal" style="margin: 0cm 0cm 0pt; punctuation-wrap: hanging"><span style="font-size: 10pt"><o:p><font face="Times New Roman">&nbsp;</font></o:p></span></p> <p class="MsoNormal" style="text-justify: inter-ideograph; margin: 0cm 0cm 0pt 36pt; text-align: justify"><span style="font-size: 10pt"><font face="Times New Roman">Il mercato azionario ha raggiunto delle quotazioni pi&ugrave; ragionevoli ai fondamentali e quindi preferiamo mantenere ma non incrementare le posizioni (anche visto le performance realizzate). Per chi volesse entrare oggi sul mercato meglio tramite una gestione tattica come &egrave; il Carmignac Patrimoine. Per l&rsquo;obbligazionario abbiamo inserito molti hold in assenza di grandi alternative. Rimane il buy su Citi che offre sempre un rendimento a scadenza intorno al 6%, su Unipol visto il rendimento e l&rsquo;indicizzazione post call, sul BFCM che potrebbe trarre vantaggio da un aumento dei tassi a lunga Ue. Vi ringrazio per l&rsquo;attenzione e vi do appuntamento alla prossima &ldquo;Buy opportunity&rdquo;<o:p></o:p></font></span></p> <p class="MsoNormal" style="margin: 0cm 0cm 0pt 36pt"><span style="font-size: 10pt"><o:p><font face="Times New Roman">&nbsp;</font></o:p></span></p> <p class="MsoNormal" style="text-justify: inter-ideograph; margin: 0cm 0cm 0pt 36pt; text-align: justify"><b><u><span style="font-size: 8pt; color: #555555; font-family: &quot;Arial&quot;,&quot;sans-serif&quot;">Ovviamente se inserire gli strumenti finanziari in portafoglio e per quale importo, dipender&agrave; tutto dalla propensione al rischio dell&rsquo;investitore.</span></u></b><span style="font-size: 10pt"><o:p></o:p></span></p> <p class="MsoNormal" style="text-justify: inter-ideograph; background: #f2f2f2; margin: 0cm 0cm 0pt 36pt; text-align: justify; mso-shading: white; mso-pattern: solid #F2F2F2"><span style="font-size: 5.5pt; color: #555555; font-family: &quot;Arial&quot;,&quot;sans-serif&quot;"><o:p>&nbsp;</o:p></span></p> <p class="MsoNormal" style="margin: 0cm 0cm 0pt 36pt"><o:p><font face="Times New Roman" size="3">&nbsp;</font></o:p></p> <p class="MsoNormal" style="background: #f2f2f2; margin: 0cm 0cm 0pt 36pt; mso-shading: white; mso-pattern: solid #F2F2F2"><span lang="EN-GB" style="font-size: 5.5pt; color: #555555; font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; mso-ansi-language: EN-GB">Andrea Giamp&agrave; </span><sup><span lang="EN-GB" style="font-size: 9pt; color: #555555; font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; mso-ansi-language: EN-GB">TM</span></sup><span lang="EN-GB" style="font-size: 5.5pt; color: #555555; font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; mso-ansi-language: EN-GB"><o:p></o:p></span></p> <p class="MsoNormal" style="background: #f2f2f2; margin: 0cm 0cm 0pt 36pt; mso-shading: white; mso-pattern: solid #F2F2F2"><b><span style="font-size: 7pt; color: #555555; font-family: &quot;Arial&quot;,&quot;sans-serif&quot;">&euro;</span></b><b><span lang="EN-GB" style="font-size: 7pt; color: #555555; font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; mso-ansi-language: EN-GB">uropean Financial Planner<sup> TM</sup></span></b><span lang="EN-GB" style="font-size: 5.5pt; color: #555555; font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; mso-ansi-language: EN-GB"><o:p></o:p></span></p> <p class="MsoNormal" style="margin: 0cm 0cm 0pt 36pt"><span lang="EN-GB" style="mso-ansi-language: EN-GB"><o:p><font face="Times New Roman" size="3">&nbsp;</font></o:p></span></p> <p class="MsoNormal" style="margin: 0cm 0cm 0pt"><span lang="EN-GB" style="mso-ansi-language: EN-GB"><o:p><font face="Times New Roman" size="3">&nbsp;</font></o:p></span></p> <p>&nbsp;</p>