Hedging Ineffectiveness & Carry Friction

Construction of utility projects

ISIC 4220 3.1

Architectural and engineering activities and related technical consultancy

ISIC 7110 2.7

Renting of video tapes and disks

ISIC 7722 2.5

Marine fishing

ISIC 311 3.2

Support activities for petroleum and natural gas extraction

ISIC 910 3.4

Manufacture of dairy products

ISIC 1050 3

62 more industries

Distilling, rectifying and blending of spirits ISIC 1101 Printing ISIC 1811 Manufacture of soap and detergents, cleaning and polishing preparations, perfumes and toilet preparations ISIC 2023 Manufacture of plastics products ISIC 2220 Manufacture of basic iron and steel ISIC 2410 Manufacture of structural metal products ISIC 2511 Manufacture of computers and peripheral equipment ISIC 2620 Manufacture of communication equipment ISIC 2630 Manufacture of consumer electronics ISIC 2640 Manufacture of irradiation, electromedical and electrotherapeutic equipment ISIC 2660 Manufacture of batteries and accumulators ISIC 2720 Manufacture of domestic appliances ISIC 2750 Building of ships and floating structures ISIC 3011 Manufacture of air and spacecraft and related machinery ISIC 3030 Manufacture of bicycles and invalid carriages ISIC 3092 Manufacture of jewellery and related articles ISIC 3211 Repair of fabricated metal products ISIC 3311 Water collection, treatment and supply ISIC 3600 Materials recovery ISIC 3830 Construction of buildings ISIC 4100 Construction of roads and railways ISIC 4210 Electrical installation ISIC 4321 Sale of motor vehicles ISIC 4510 Maintenance and repair of motor vehicles ISIC 4520 Sale of motor vehicle parts and accessories ISIC 4530 Wholesale trade, except of motor vehicles and motorcycles ISIC 46 Freight transport by road ISIC 4923 Passenger air transport ISIC 5110 Courier activities ISIC 5320 Short term accommodation activities ISIC 5510 Restaurants and mobile food service activities ISIC 5610 Event catering ISIC 5621 Motion picture, video and television programme production activities ISIC 5911 Sound recording and music publishing activities ISIC 5920 Television programming and broadcasting activities ISIC 6020 Computer programming activities ISIC 6201 Data processing, hosting and related activities ISIC 6311 Web portals ISIC 6312 Life insurance ISIC 6511 Activities of insurance agents and brokers ISIC 6622 Accounting, bookkeeping and auditing activities; tax consultancy ISIC 6920 Management consultancy activities ISIC 7020 Technical testing and analysis ISIC 7120 Research and experimental development on natural sciences and engineering ISIC 7210 Advertising ISIC 7310 Veterinary activities ISIC 7500 Travel agency activities ISIC 7911 Private security activities ISIC 8010 Landscape care and maintenance service activities ISIC 8130 Activities of call centres ISIC 8220 Organization of conventions and trade shows ISIC 8230 Packaging activities ISIC 8292 Defence activities ISIC 8422 Higher education ISIC 8530 Other education n.e.c. ISIC 8549 Hospital activities ISIC 8610 Medical and dental practice activities ISIC 8620 Other human health activities ISIC 8690 Creative, arts and entertainment activities ISIC 9000 Operation of sports facilities ISIC 9311 Repair of computers and peripheral equipment ISIC 9511 Hairdressing and other beauty treatment ISIC 9602

Growing of cereals (except rice), leguminous crops and oil seeds

ISIC 111 3

Silviculture and other forestry activities

ISIC 210 3.1

Mining of hard coal

ISIC 510 3.2

37 more industries

Mining of iron ores ISIC 710 Processing and preserving of fish, crustaceans and molluscs ISIC 1020 Manufacture of wearing apparel, except fur apparel ISIC 1410 Manufacture of refined petroleum products ISIC 1920 Manufacture of pharmaceuticals, medicinal chemical and botanical products ISIC 2100 Manufacture of glass and glass products ISIC 2310 Manufacture of measuring, testing, navigating and control equipment ISIC 2651 Manufacture of lifting and handling equipment ISIC 2816 Manufacture of motor vehicles ISIC 2910 Manufacture of railway locomotives and rolling stock ISIC 3020 Manufacture of furniture ISIC 3100 Manufacture of medical and dental instruments and supplies ISIC 3250 Plumbing, heat and air-conditioning installation ISIC 4322 Building completion and finishing ISIC 4330 Other specialized construction activities ISIC 4390 Wholesale of computers, computer peripheral equipment and software ISIC 4651 Retail sale in non-specialized stores with food, beverages or tobacco predominating ISIC 4711 Retail sale via mail order houses or via Internet ISIC 4791 Sea and coastal freight water transport ISIC 5012 Accommodation ISIC 55 Beverage serving activities ISIC 5630 Wired telecommunications activities ISIC 6110 Wireless telecommunications activities ISIC 6120 Computer consultancy and computer facilities management activities ISIC 6202 Other information technology and computer service activities ISIC 6209 Non-life insurance ISIC 6512 Other activities auxiliary to financial service activities ISIC 6619 Real estate activities with own or leased property ISIC 6810 Real estate activities on a fee or contract basis ISIC 6820 Legal activities ISIC 6910 Market research and public opinion polling ISIC 7320 Specialized design activities ISIC 7410 Activities of employment placement agencies ISIC 7810 Combined facilities support activities ISIC 8110 Combined office administrative service activities ISIC 8211 Activities of collection agencies and credit bureaus ISIC 8291 Gambling and betting activities ISIC 9200

Mixed farming

ISIC 150 3.1

Processing and preserving of meat

ISIC 1010 3.2

Manufacture of vegetable and animal oils and fats

ISIC 1040 3

11 more industries

Manufacture of electric motors, generators, transformers and electricity distribution and control apparatus ISIC 2710 Manufacture of agricultural and forestry machinery ISIC 2821 Manufacture of parts and accessories for motor vehicles ISIC 2930 Electric power generation, transmission and distribution ISIC 3510 Retail sale of clothing, footwear and leather articles in specialized stores ISIC 4771 Warehousing and support activities for transportation ISIC 52 Warehousing and storage ISIC 5210 Software publishing ISIC 5820 Other monetary intermediation ISIC 6419 Other credit granting ISIC 6492 Residential nursing care facilities ISIC 8710

Extraction of crude petroleum

ISIC 610 3.3

Preparation and spinning of textile fibres

ISIC 1311 3.1

Manufacture of engines and turbines, except aircraft, vehicle and cycle engines

ISIC 2811 3

Social work activities without accommodation for the elderly and disabled

ISIC 8810 2.5