Caribbean Investment IQ December 2013 | Page 2

Published by: First Citizens Investment Services Limited Editors: Sana Ragbir Assistant General Manager Tel [phone] ext 5902 Email: [email protected] Vangie Bhagoo-Ramrattan Head, Research Tel [phone] ext 5944 Email: [email protected] Research Unit: Subira Toppin Analyst II (Research) Tel [phone] ext 5945 Email: [email protected] Kris Sookdeo Analyst II (Research) Tel [phone] ext 5947 Email: [email protected] Ravi Kurjah Analyst I (Research) Tel [phone] ext. 5943 Email: [email protected] Rajesh Ramroop Research Assistant Tel [phone] ext 5948 Email: [email protected] Please feel free to address your comments and feedback on Caribbean Investment iQ, as well as any concerns regarding your subscription to: [email protected] Follow us on Twitter @FCISResearch Cover design by: Monster Media Group Design and Production by: Monster Media Group All information contained in this publication has been obtained from sources that First Citizens Investment Services Limited believes to be accurate and reliable. All opinions and estimates constitute each Author’s judgment as of the date of the article; however neither its accuracy and completeness nor the opinions based thereon are guaranteed. As such, no warranty, express or implied, as to the accuracy, timeliness or completeness of the articles herein is given or made by First Citizens Investment Services Limited in any form whatsoever. First Citizens Investment Services Limited, its directors and employees may, where applicable, make markets and effect transactions, or have position in securities or companies mentioned herein. Neither the information nor any opinion expressed shall be construed to be, or constitute an offer or a solicitation or advice to buy or sell. Capital Markets • Research • Investment Management 2 Caribbean Investment iQ December 2013 • Wealth Management • Asset Management