edgetech analytics asset management software: 2008
TRANSCRIPT
EdgeTech Analytics
ASSET MANAGEMENT SOFTWARE: 2008
Asset Allocation Diversified Technology
EDGETECH ANALYTICS, LLC. AND OUR PARTNERS, ARE DEVOTED TO GIVING YOU AND YOUR INVESTMENT GOALS THE FOCUS AND ATTENTION THAT YOU DESERVE, WHICH IS WHY WE HAVE CREATED AND IMPLEMENTED THE USE OF DIVERSE ASSET ALLOCATION SOFTWARE. ALLOW US TO DEMONSTRATE FOR YOU HOW OUR SOFTWARE DIVERSELY ALLOCATES ASSETS WITHIN AN INDIVIDUALIZED PORTFOLIO, BASED ON PRECISE MARKET RESEARCH AND PROPRIETARY CALCULATIONS.
Precise Market Analysis
Our asset allocation software analyzes multiple facets of the securities market, both historical and present, to determine the appropriate allocation of your assets. Our software analyzes:
• Indicators• Fund History• Diversification• Volatility Readings• Market Capitalization• 12-Year Trend/Price Study • Category/Sector Balancing• Risk/Reward Relationships• Commonly Followed Indexes
Callan Periodic Table of Investment Returns
• Market prices and trends from 1995-2007• Highlights the uncertainty inherent in all capital markets• Performance of eight indexes in securities market:
S&P/Citigroup 500 Index, Value, Growth - Top 500 US Stocks
Russell 2000 Index, Value, Growth - Small Cap US stocks
Morgan Stanley Capital Int’l - Europe, Australia, and Far East
Lehman Brothers Aggregate Bond - US Gov’t and Corporations
Callan Periodic Table1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007
38.13% 23.97% 36.52% 42.16% 43.09% 22.83% 14.02% 10.26% 48.54% 22.25% 13.54% 26.34% 11.17%
37.58% 22.96% 33.36% 28.58% 28.25% 11.63% 8.43% 11.43% 47.25% 20.25% 5.82% 23.48% 9.13%
36.99% 22.00% 31.78% 20.00% 26.96% 6.08% 2.49% -15.9% 46.03% 18.33% 4.91% 20.81% 7.05%
31.04% 21.37% 29.98% 14.69% 21.26% -3.02% -9.23% -20.4% 38.59% 15.71% 4.71% 18.37% 6.97%
28.44% 16.53% 22.36% 8.7% 21.04% -9.11% -11.7% -20.8% 31.79% 14.31% 4.55% 15.79% 5.49%
25.75% 11.32% 12.93% 1.23% 12.73% -14.7% -11.8% -22.1% 28.68% 10.88% 4.15% 13.35% 1.99%
18.46% 6.05% 9.64% -2.55% -0.82% -22.0% 12.73% -23.5% 25.66% 6.13% 4.00% 11.01% -1.57%
11.21% 3.64% 1.78% -6.45% -1.49% -22.4% -21.4% -30.2% -4.10% 4.34% 2.43% 4.33% -9.78%
S&P 500 Index
S&P/Citigroup 500 Growth
S&P/Citigroup Value
Russell 2000 Index
Russell 2000 Value
Russell 2000 Growth
Lehman Bros. Agg.
MSCI EAFE
38.13% 23.97% 36.52% 42.16% 43.09% 22.83% 14.02% 10.26% 48.54% 22.25% 13.54% 26.34% 11.17%
37.58% 22.96% 33.36% 28.58% 28.25% 11.63% 8.43% 11.43% 47.25% 20.25% 5.82% 23.48% 9.13%
36.99% 22.00% 31.78% 20.00% 26.96% 6.08% 2.49% -15.9% 46.03% 18.33% 4.91% 20.81% 7.05%
Callan Periodic Table
38.1% 23.9% 36.5% 42.1% 43.0% 22.8% 14.0% 10.2% 48.5% 22.2% 13.5% 26.3% 11.1%
37.5% 22.9% 33.3% 28.5% 28.2% 11.6% 8.43% 11.4% 47.2% 20.2% 5.82% 23.4% 9.13%
36.9% 22.0% 31.7% 20.0% 26.9% 6.08% 2.49% -15.9% 46.0% 18.3% 4.91% 20.8% 7.05%
Callan Periodic Table38.1% 23.9% 36.5% 42.1% 43.0% 22.8% 14.0% 10.2% 48.5% 22.2% 13.5% 26.3% 11.1%
37.5% 22.9% 33.3% 28.5% 28.2% 11.6% 8.43% 11.4% 47.2% 20.2% 5.82% 23.4% 9.13%
36.9% 22.0% 31.7% 20.0% 26.9% 6.08% 2.49% -15.9% 46.0% 18.3% 4.91% 20.8% 7.05%
Callan Periodic Table
38.1% 23.9% 36.5% 42.1% 43.0% 22.8% 14.0% 10.2% 48.5% 22.2% 13.5% 26.3% 11.1%
37.5% 22.9% 33.3% 28.5% 28.2% 11.6% 8.43% 11.4% 47.2% 20.2% 5.82% 23.4% 9.13%
36.9% 22.0% 31.7% 20.0% 26.9% 6.08% 2.49% -15.9% 46.0% 18.3% 4.91% 20.8% 7.05%
Callan Periodic Table
38.1% 23.9% 36.5% 42.1% 43.0% 22.8% 14.0% 10.2% 48.5% 22.2% 13.5% 26.3% 11.1%
37.5% 22.9% 33.3% 28.5% 28.2% 11.6% 8.43% 11.4% 47.2% 20.2% 5.82% 23.4% 9.13%
36.9% 22.0% 31.7% 20.0% 26.9% 6.08% 2.49% -15.9% 46.0% 18.3% 4.91% 20.8% 7.05%
Callan Periodic Table38.1% 23.9% 36.5% 42.1% 43.0% 22.8% 14.0% 10.2% 48.5% 22.2% 13.5% 26.3% 11.1%
37.5% 22.9% 33.3% 28.5% 28.2% 11.6% 8.43% 11.4% 47.2% 20.2% 5.82% 23.4% 9.13%
36.9% 22.0% 31.7% 20.0% 26.9% 6.08% 2.49% -15.9% 46.0% 18.3% 4.91% 20.8% 7.05%
Portfolio Allocation
1 Portfolio
9-11 Models
9-15 Mutual Funds
1 Signal
Let’s take a look at one portfolio and a general example of model asset allocation.
Portfolio Asset AllocationModels
Model 118 Asset Classes
Model 217 Asset Classes
Model 321 Asset Classes
Model 416 Asset Classes
Model 518 Asset Classes
Position
Money Market
Money Market
Money Market
Money Market
Money Market
Allocation
Money Market
Money MarketMoney Market
Money Market
Portfolio Asset AllocationModels
Model 118 Asset Classes65 Day Min Hold
Model 217 Asset Classes
Model 321 Asset Classes
Model 416 Asset Classes
Model 518 Asset Classes
Position Allocation
Mid Cap Growth
Money Market
Money Market
Money Market
Money Market
Money Market
Money MarketMoney Market
Money Market
Trade Signal:Sell Money MarketBuy Mid Cap Growth
Trade Signal:Sell Money MarketBuy Mid Cap Growth
Portfolio Asset AllocationModels
Model 118 Asset Classes65 Day Min Hold
Model 217 Asset Classes75 Day Min Hold
Model 321 Asset Classes
Model 416 Asset Classes
Model 518 Asset Classes
Position Allocation
Mid Cap Growth
Money Market
Money Market
Money Market
Small Cap GrowthMoney Market
Money Market
Money Market
Small Cap Growth
Trade Signal:Sell Money MarketBuy Small Cap Growth
Trade Signal:Sell Money MarketBuy Small Cap Growth
Portfolio Asset AllocationModels
Model 118 Asset Classes65 Day Min Hold
Model 217 Asset Classes75 Day Min Hold
Model 321 Asset Classes90 Day Min Hold
Model 416 Asset Classes
Model 518 Asset Classes
Position Allocation
Money Market
Money Market
Mid Cap Growth
Money Market
Money Market
Small Cap Growth
Small Cap Growth
International Growth
International Growth
Trade Signal:Sell Money MarketBuy International Growth
Trade Signal:Sell Money MarketBuy International Growth
Portfolio Asset AllocationModels
Model 118 Asset Classes65 Day Min Hold
Model 217 Asset Classes75 Day Min Hold
Model 321 Asset Classes90 Day Min Hold
Model 416 Asset Classes120 Day Min Hold
Model 518 Asset Classes
Position Allocation
Money Market
Mid Cap Growth
Small Cap Growth
Small Cap Growth
International Growth
International Growth
Large Cap Value
Large CapValue
Money Market
Trade Signal:Sell Money MarketBuy Large Cap Value
Trade Signal:Sell Money MarketBuy Large Cap Value
Portfolio Asset AllocationModels
Model 118 Asset Classes65 Day Min Hold
Model 217 Asset Classes75 Day Min Hold
Model 321 Asset Classes90 Day Min Hold
Model 416 Asset Classes120 Day Min Hold
Model 518 Asset Classes130 Day Min Hold
Position Allocation
Small Cap Growth
International Growth
Large Cap Value
Large CapValue
Blue Chip Stocks
Mid Cap Growth
Small Cap Growth
International Growth
Blue Chip Stocks
Trade Signal:Sell Money MarketBuy Blue Chip Stocks
Trade Signal:Sell Money MarketBuy Blue Chip Stocks
Portfolio Asset AllocationModels
Model 118 Asset Classes65 Day Min Hold
Model 217 Asset Classes75 Day Min Hold
Model 321 Asset Classes90 Day Min Hold
Model 416 Asset Classes120 Day Min Hold
Model 518 Asset Classes130 Day Min Hold
Position Allocation
International Growth
Small Cap Growth
International Growth
Large Cap Value
Blue Chip Stocks
Total Return
Small Cap Growth
Large CapValue
Blue Chip Stocks
Trade Signal:Sell Mid Cap GrowthBuy Total Return
Trade Signal:Sell Mid Cap GrowthBuy Total Return
Portfolio Asset AllocationModels
Model 118 Asset Classes65 Day Min Hold
Model 217 Asset Classes75 Day Min Hold
Model 321 Asset Classes90 Day Min Hold
Model 416 Asset Classes120 Day Min Hold
Model 518 Asset Classes130 Day Min Hold
Position Allocation
International Growth
International Growth
Large Cap Value
Blue Chip Stocks
Large CapValue
Blue Chip Stocks Total Return
Total Return
US Govt. Bonds
Trade Signal:Sell Small Cap GrowthBuy US Govt. Bonds
Trade Signal:Sell Small Cap GrowthBuy US Govt. Bonds
Portfolio Asset AllocationModels
Model 118 Asset Classes65 Day Min Hold
Model 217 Asset Classes75 Day Min Hold
Model 321 Asset Classes90 Day Min Hold
Model 416 Asset Classes120 Day Min Hold
Model 518 Asset Classes130 Day Min Hold
Position Allocation
Blue Chip Stocks
Large Cap Value
Large CapValue
GlobalIncome
Blue Chip Stocks
Total Return
US Govt. Bonds
US Govt. Bonds
Global Income
Trade Signal:Sell International GrowthBuy Global Income
Trade Signal:Sell International GrowthBuy Global Income
Portfolio Asset AllocationModels
Model 118 Asset Classes65 Day Min Hold
Model 217 Asset Classes75 Day Min Hold
Model 321 Asset Classes90 Day Min Hold
Model 416 Asset Classes120 Day Min Hold
Model 518 Asset Classes130 Day Min Hold
Position Allocation
Blue Chip Stocks
Blue Chip Stocks
Total Return
US Govt. Bonds
US Govt. Bonds
Global Income
GlobalIncome
Natural Resources
Natural Resources
Trade Signal:Sell Large Cap ValueBuy Natural Resources
Trade Signal:Sell Large Cap ValueBuy Natural Resources
Portfolio Asset AllocationModels
Model 118 Asset Classes65 Day Min Hold
Model 217 Asset Classes75 Day Min Hold
Model 321 Asset Classes90 Day Min Hold
Model 416 Asset Classes120 Day Min Hold
Model 518 Asset Classes130 Day Min Hold
Position Allocation
Total Return
US Govt. Bonds
US Govt. Bonds
Natural Resources
Precious Metals
Global Income
GlobalIncome
Natural Resources
Precious Metals
Trade Signal:Sell Blue Chip StocksBuy Precious Metals
Trade Signal:Sell Blue Chip StocksBuy Precious Metals
Model Process
Model Process
Portfolio-Model Process:Asset Allocation 1999-2008
This portfolio consists of eleven (11) models; each model has a defined mutual fund/sector that it allocates for the minimum holding period determined by our software. Each sector is color-coded according to the software that our advisors/partners utilize to make each client’s assets as successful as possible.
Disclaimer:The dates used in this presentation are quarter-ending dates that are shown for illustrative purposes only, and do not reflect future performance. The content
shown should not be considered a solicitation or recommendation to buy or sell any specific security. The information contained herein is based on sources believed to be true and accurate. However, no guarantee can be made to the completeness and/or accuracy of this information.
Fourth Quarter 19992000 Top Asset Class
Performance
Real Estate
31.04%
Diversified Commodities
24.21%
Small Cap Value
22.83%
Govt. Long Term Bonds
16.67%
Govt. Int. Term Bonds
12.90%
International Global
Diversified Emerging Markets
Large Cap Growth
Large Cap Blend
Technology
First Quarter 20002000 Top Asset Class
Performance
Real Estate 31.04%
Diversified Commodities24.21%
Small Cap Value 22.83%
Govt. Long Term Bonds16.67%
Govt. Int. Term Bonds12.90%
Large Cap Growth
Large Cap Blend
Large Cap
ValueMid Cap
Blend
Govt. Long Term Bond
Telecommunications
Second Quarter 20002000 Top Asset Class
Performance
Real Estate 31.04%
Diversified Commodities24.21%
Small Cap Value 22.83%
Govt. Long Term Bonds16.67%
Govt. Int. Term Bonds12.90%
Diversified Emerging Markets
Large Cap Growth
Large Cap Blend
Govt. Long Term Bond
Large Cap
Value
FinancialServices
Third Quarter 20002000 Top Asset Class
Performance
Real Estate 31.04%
Diversified Commodities24.21%
Small Cap Value 22.83%
Govt. Long Term Bonds16.67%
Govt. Int. Term Bonds12.90%
Global
Large Cap Blend
Large Cap
Value
Govt. Long Term Bond
Small Cap Blend
Natural Resources
Utilities
Real Estate
Fourth Quarter 20002000 Top Asset Class
Performance
Real Estate 31.04%
Diversified Commodities24.21%
Small Cap Value 22.83%
Govt. Long Term Bonds16.67%
Govt. Int. Term Bonds12.90%
Global
Large Cap
Value Utilities
Govt. Int. Term Bond
Natural Resources
S&P 500
Moderate Allocation
First Quarter 20012001 Top Asset Class
Performance
Small-Cap Value14.02%
Real Estate12.35%
Govt. Int. Term Bonds9.27%
Govt. Short Term Bonds8.82%
Govt. Long Term Bonds8.24%
Global
Large Cap Blend
Large Cap
Value
Govt. Long Term Bond
Small CapBlend
Natural Resources
Govt. Int. Term Bond
S&P 500
Moderate Allocation
Second Quarter 20012001 Top Asset Class
Performance
Small-Cap Value14.02%
Real Estate12.35%
Govt. Int. Term Bonds9.27%
Govt. Short Term Bonds8.82%
Govt. Long Term Bonds8.24%
GlobalLarge Cap Growth
Govt. Long Term Bond
Large Cap Value
Govt. Short Term Bond
Govt. Int. Term Bond
Financial Services
Third Quarter 20012001 Top Asset Class
Performance
Small-Cap Value14.02%
Real Estate12.35%
Govt. Int. Term Bonds9.27%
Govt. Short Term Bonds8.82%
Govt. Long Term Bonds8.24%
Large Cap Growth
Large Cap Blend
Large Cap
Value
Govt. Long Term Bond
Govt. Int. Term Bond
S&P 500
Moderate Allocation
WorldBond
First Quarter 20022002 Top Asset Class
Performance
Diversified Commodities23.86%
International Stocks22.88%
Govt. Long Term Bonds14.03%
Govt. Int. Term Bonds9.72%
Govt. Short Term Bonds6.13%
Global
International
Large Cap Growth
Large Cap
Value
Govt. Int. Term Bond
Small Cap Growth
RealEstate
Natural Resources
Financial Services
Second Quarter 20022002 Top Asset Class
Performance
Diversified Commodities23.86%
International Stocks22.88%
Govt. Long Term Bonds14.03%
Govt. Int. Term Bonds9.72%
Govt. Short Term Bonds6.13%
International
Large Cap
Value
Govt. Long Term Bond
Govt. Int. Term Bond
Natural Resources
World Bond
Govt. Short Term Bond
Third Quarter 20022002 Top Asset Class
Performance
Diversified Commodities23.86%
International Stocks22.88%
Govt. Long Term Bonds14.03%
Govt. Int. Term Bonds9.72%
Govt. Short Term Bonds6.13%
Large Cap Blend
Govt. Long Term Bond
Large Cap
Value
Govt. Int. Term Bond
Govt. Short Term Bond
High –Yield Bond
International
Moderate Allocation
Fourth Quarter 20022002 Top Asset Class
Performance
Diversified Commodities23.86%
International Stocks22.88%
Govt. Long Term Bonds14.03%
Govt. Int. Term Bonds9.72%
Govt. Short Term Bonds6.13%
Large Cap Blend
Large Cap Growth
Large Cap
Value
Govt. Long Term Bond Govt. Short Term Bond
Natural Resources
High –Yield Bond
Telecommunications
Moderate Allocation
First Quarter 20032003 Top Asset Class
Performance
Small-Cap Growth48.54%
Small-Cap Value46.03%
International Stocks39.59%
Real Estate36.18%
Large-Cap Value31.79%
Global
International
Govt. Long Term Bond
Large Cap
Value
Blended Broad
Market
Natural Resources
World Bond
High –Yield Bond
Second Quarter 20032003 Top Asset Class
Performance
Small-Cap Growth48.54%
Small-Cap Value46.03%
International Stocks39.59%
Real Estate36.18%
Large-Cap Value31.79%
International
Global
Large Cap Blend
Large Cap
Value
High –Yield Bond
Small CapGrowth Financial
Services
Third Quarter 20032003 Top Asset Class
Performance
Small-Cap Growth48.54%
Small-Cap Value46.03%
International Stocks39.59%
Real Estate36.18%
Large-Cap Value31.79%
International
Global
Large Cap Growth
Large Cap
Value
Govt. Long Term Bond
PreciousMetals
Fourth Quarter 20032003 Top Asset Class
Performance
Small-Cap Growth48.54%
Small-Cap Value46.03%
International Stocks39.59%
Real Estate36.18%
Large-Cap Value31.79%
International
Global
Large Cap Blend
Technology
Govt. Long Term Bond
PreciousMetals
Moderate Allocation
First Quarter 20042004 Top Asset Class
Performance
Real Estate33.16%
Small-Cap Value22.25%
International Stocks20.25%
High-Yield Bonds17.37%
Large Cap Value15.71%
Global
International
Large Cap Blend
Large Cap Growth
Moderate Allocation
Small Cap Growth
Natural Resources
Second Quarter 20042004 Top Asset Class
Performance
Real Estate33.16%
Small-Cap Value22.25%
International Stocks20.25%
High-Yield Bonds17.37%
Large Cap Value15.71%
InternationalGlobal
Large Cap
Value
Moderate Allocation
Small Cap Growth
PreciousMetals
Real Estate
Third Quarter 20042004 Top Asset Class
Performance
Real Estate33.16%
Small-Cap Value22.25%
International Stocks20.25%
High-Yield Bonds17.37%
Large Cap Value15.71%
International
Large Cap Blend
Large Cap Value
Govt. Short Term Bond
Mid Cap Blend
RealEstatePrecious
Metals
Govt. Long Term Bond
Moderate Allocation
Fourth Quarter 20042004 Top Asset Class
Performance
Real Estate33.16%
Small-Cap Value22.25%
International Stocks20.25%
High-Yield Bonds17.37%
Large Cap Value15.71%
Global
Large Cap Blend
Large Cap Growth
Technology
Govt. Long Term Bond
Govt. Short Term Bond
Natural Resources
First Quarter 20052005 Top Asset Class
Performance
Diversified Commodities17.55%
Real Estate13.82%
International Stocks13.54%
Large-Cap Value6.33%
Govt. Long Term Bonds5.39%
Global
International
Large Cap Growth
Large Cap Blend
Large Cap
Value
Natural Resources
Utilities
Financial Services
Second Quarter 20052005 Top Asset Class
Performance
Diversified Commodities17.55%
Real Estate13.82%
International Stocks13.54%
Large-Cap Value6.33%
Govt. Long Term Bonds5.39%
Global
Large Cap Blend
Large Cap Growth
Large Cap
Value
Govt. Long Term Bond
Utilities
RealEstate
Natural Resources
S&P 500
Third Quarter 20052005 Top Asset Class
Performance
Diversified Commodities17.55%
Real Estate13.82%
International Stocks13.54%
Large-Cap Value6.33%
Govt. Long Term Bonds5.39%
Global
International
Large Cap Growth
Technology
Natural Resources
Real Estate
PreciousMetals
High –Yield Bond
Fourth Quarter 20052005 Top Asset Class
Performance
Diversified Commodities17.55%
Real Estate13.82%
International Stocks13.54%
Large-Cap Value6.33%
Govt. Long Term Bonds5.39%
International
Large Cap Blend
Large Cap Growth
Govt. Long Term Bond
PreciousMetals
Utilities
Moderate Allocation
First Quarter 20062006 Top Asset Class
Performance
Real Estate34.40%
International Stocks26.34%
Small-Cap Value23.48%
Large-Cap Value20.81%
Small-Cap Growth11.01%
International
Global
Large Cap Blend
Large Cap Growth
Large Cap Value
Real Estate
UtilitiesNatural Resources
Second Quarter 20062006 Top Asset Class
Performance
Real Estate34.40%
International Stocks26.34%
Small-Cap Value23.48%
Large-Cap Value20.81%
Small-Cap Growth11.01%
Global
International
Large Cap Growth
Large Cap Blend
Technology
Large Cap Value
Natural Resources
Real Estate
Third Quarter 20062006 Top Asset Class
Performance
Real Estate34.40%
International Stocks26.34%
Small-Cap Value23.48%
Large-Cap Value20.81%
Small-Cap Growth11.01%
Global
Large Cap Blend
Large Cap Growth
Large Cap Value
Real Estate
Utilities
High –Yield Bond
Govt. Int. Term Bond
Fourth Quarter 20062006 Top Asset Class
Performance
Real Estate34.40%
International Stocks26.34%
Small-Cap Value23.48%
Large-Cap Value20.81%
Small-Cap Growth11.01%
Global
International
Large Cap Growth
Large Cap Value
Small Cap Growth
Utilities
PreciousMetals
Telecommunications
First Quarter 20072007 Top Asset Class
Performance
International Stocks11.17%
Large-Cap Growth9.13%
Small-Cap Growth7.05%
Govt. Int. Term Bonds6.97%
S&P 5005.49%
International
Global
Diversified Emerging Markets
Large Cap Blend
Govt. Long Term Bond
Utilities
Small Cap Growth
PreciousMetals
World Bond
Second Quarter 20072007 Top Asset Class
Performance
International Stocks11.17%
Large-Cap Growth9.13%
Small-Cap Growth7.05%
Govt. Int. Term Bonds6.97%
S&P 5005.49%
International
Large Cap Blend
Govt. Long Term Bond
Mid Cap Blend
World Bond
Natural ResourcesDiversified
Commodities
Telecommunications
Diversified Technology
Fourth Quarter 20072007 Top Asset Class
Performance
International Stocks11.17%
Large-Cap Growth9.13%
Small-Cap Growth7.05%
Govt. Int. Term Bonds6.97%
S&P 5005.49%
Diversified Emerging Markets
International
Govt. Long Term Bond
Utilities
Natural Resources
Diversified Commodities
PreciousMetalsGovt. Int.
Term Bond
Japan Stock
First Quarter 20082008 Top Asset Class
Performance
Commodities15.57%
Real Estate10.11%
Latin America1.47%
Small Cap Growth
Mid Cap Growth
* According to MSNBC/Money, ytd. As of March 31, 2008
International
Large Cap Blend
Large Cap Growth
PreciousMetals
Real Estate
Latin America
World Bond
High QualityHigh Rate Sensitivity
Natural Resources
Resources
The dates shown, are quarter-ending dates used for illustrative purposes only and do not reflect future performance. The information shown should not be considered a solicitation or recommendation to purchase or sell any specific security. Data recorded herein is based from pricing sources believed to be true and accurate. However, no guarantee can be made to the completeness and/or accuracy of this information.
• Diversified Commodities: calculated from Yahoo! Finance historical values of ^DJC "Dow Jones AIG Commodity Index C“
• Foreign Bonds: calculated from Yahoo! Finance historical values of "Oppenheimer International Bond“• High-Yield Bonds: calculated from Yahoo! Finance historical values of "Delaware Pooled Trust The High“• Int. Term Gov. Bonds: calculated from Yahoo! Finance historical values of "Vanguard Bond Index Intermediate
Term“• Long Term Gov. Bonds: calculated from Yahoo! Finance historical values of "Vanguard Bond Index Long-Term“• Short Term Gov. Bonds: calculated from Yahoo! Finance historical values of "Vanguard Bond Index Short“• International Stocks: from "The Callan Periodic Table of Investment Returns (1995-2007)" ©2007Callan Associates
Inc.• Large Cap Growth: from "The Callan Periodic Table of Investment Returns (1995-2007)" ©2007 Callan Associates
Inc.• Large Cap Value: from "The Callan Periodic Table of Investment Returns (1995-2007)" ©2007 Callan Associates
Inc.• Small Cap Growth: from "The Callan Periodic Table of Investment Returns (1995-2007)" ©2007 Callan Associates
Inc.• Small Cap Value: from "The Callan Periodic Table of Investment Returns (1995-2007)" ©2007 Callan Associates
Inc.• Real Estate: from http://www.wilshire.com/Indexes/calculator/ using Specialty "DJ Wilshire REIT"
