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2009 2010 2011 2012 2013 2014 2015 2016 2017
rg Mrkt REITS REITS Emrg Mrkt Small Cap REITS REITS Small Cap EM Equity
quity 27.96 8.29 Equity 38.82 30.14 3.20 21.31 37.28
78.51 18.22
Small Cap Fixed Large Cap Large Cap Large Cap High Yield Int'l
gh Yield 26.85 Income REITS 32.39 13.69 1.38 17.13 Equity
58.21 18.06 25.03
Emrg Mrkt 7.84 Int'l Fixed Fixed Large Cap
Int'l Equity Int'l Equity Income Income 11.96 Large Cap
quity 18.88 High Yield Equity 22.78 21.83
31.78 4.98 17.32 Asset 5.97 0.55 Comdty
Comdty Allocation Asset 11.77 Small Cap
REITS 16.83 Large Cap Small Cap 13.06 Allocation Cash 14.65
27.99 2.11 16.35 4.95 0.03 Emrg Mrkt
High Yield High Yield Equity Asset
mall Cap 15.12 Cash Large Cap 7.44 Small Cap Int'l 11.19 Allocation
27.17 0.07 16.00 4.89 Equity
Large Cap REITS -0.81 REITS 13.28
ge Cap 15.06 Asset High Yield 2.47 High Yield Asset 8.52
26.46 Allocation 15.81 2.45 Allocation High Yield
Asset Cash -2.16 Asset 7.50
Asset Allocation -0.38 Asset 0.05 Cash Allocation
ocation Allocation 0.02 Small Cap REITS
23.74 12.77 Small Cap Fixed -4.41 7.91 5.23
Int'l -4.18 11.25 Income Emrg Mrkt Fixed
omdty Equity Fixed -2.02 Equity High Yield Income Fixed
18.91 7.75 Int'l Income Emrg Mrkt -2.19 -4.47 2.65 Income
Fixed Equity 4.21 Equity Int'l Int'l
Fixed Income -12.14 -2.60 Equity Emrg Mrkt Equity 3.54
come 6.54 Cash -4.90 Equity 1.00
5.93 Comdty 0.08 Comdty -14.92 Comdty
Cash -13.32 -9.52 Comdty Cash 1.70
Cash 0.13 Comdty -17.01 Comdty 0.26
0.15 Emrg Mrkt -1.06 -24.66 Cash
Equity 0.82
-18.42
000, EM Equity: MSCI EME, DM Equity: MSCI EAFE, Comdty: Bloomberg Commodity
regate, REITs: NAREIT Equity REIT Index. The “Asset Allocation” portfolio assumes the
2000, 15% in the MSCI, 5% in the MSCI EME, 30% in the Barclays Capital aggregate, 5%
mberg Commodity Index and 5% in the NAREIT EquityREIT index. Balanced portfolio
ast performance is not indicative of future returns.

