Page 40 - FebDefComp
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                                 The S&P 500 goes bear to bull in record time,
                                             posting a healthy 18.4% full year return

















                                                                                                                                                                                                        FOR FINANCIAL PROFESSIONAL AND PLAN SPONSOR USE ONLY.















                                                                                                                                                                                                  Source: Morningstar Direct; GWCM Analysis
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