High Yield Sector Performance in December

We have looked at what impact auto finance companies had
on the high yield market performance in December. This is
based on ML global High Yield (HW00)which was up 6.82%.

auto financials                  56.4%
auto ex auto financials          0.9%
other financials                 13.2%
chemicals                        -1.0%
remainder                        30.6%