Page 317 - DCAC February 2024 Files

Ratio of Exp to Median (%) 36.000 38.889 5.172 37.037 70.000 2.747 68.750 99.000 2.500 79.279 3.889 48.454 76.364 4.808 76.563 71.765 57.530 13.333

Costs Median Exp Ratio (%) 0.750 0.720 0.290 0.810 0.900 0.910 0.960 1.000 1.000 1.110 0.900 0.970 1.100 0.520 0.640 0.850 0.730 0.600

Exp Ratio (%) 0.270 0.280 0.015 0.300 0.630 0.025 0.660 0.990 0.025 0.880 0.035 0.470 0.840 0.025 0.490 0.610 0.420 0.080

Overall

Expenses Comments Effective October 24, 2023, Chairman and CEO of Capital Group, Tim Armour, stepped down from his leadership role. Mike Gitlin took over as President and Chief Executive Officer (CEO) of Capital Group and Chair of Capital Group’s management committee. Mike is was previously the Head of Fixed Income at Capital Group and has been with the firm f

Performance

Asset Base change does not warrant a concern, Innovest will continue to monitor. (4Q23) 2024. Innovest will continue to monitor the management of this fund. (4Q23)

Criteria 28

Style Consistency

Philosophy & Process New No/Minimum Concerns Upgrade to Minor Concern Downgrade to Minor Concern New Major Concern

People The Expense Ratio and Median Expense Ratio for Hedge Fund of Funds and Private Equity Fund of Funds excludes underlying fund expenses; the expenses shown are only at the Fund of Funds level.

Organization Score Factor Organization People For additional disclosures related to any non-mutual fund alternative investments, please see the full disclaimer in the appendix.

Manager Scorecard American Funds Mut;R6 (RMFGX) American Funds FInv;R6 (RFNGX) Fidelity 500 Index Fund (FXAIX) American Funds Gro;R6 (RGAGX) Amer Cent:MC Val;R6 (AMDVX) Fidelity Mid Cap Index (FSMDX) MassMutual S:MCG;I (MEFZX) RBB:BP SCV2;Inst (BPSIX) Fidelity Small Cap Index (FSSNX) Harbor:Sm Cap Gro;Inst (HASGX) Fidelity Internationl Ix (FSPSX) American Funds EuPc;R6 (RERGX) Invesco Dev Mkt;R6 (ODVIX) Fidelity US B