Page 65 - NovDefComp

Q3 2020 Disclosures
Q3 2020 Disclosures

Performance of indexes reflects the unmanaged result for the market segment the selected stocks represent. Indexes are unmanaged and not MSCI Europe ex UK Index is a rules-based index that serves as a benchmark for the Europe's equity markets, excluding the United Kingdom.
available for direct investment.
Citigroup Corporate Bond is an index which serves as a benchmark for corporate bond performance. You cannot invest directly in an index. MSCI Pacific ex Japan Index is a rules-based index that serves as a benchmark for Asia Pacific's equity markets, excluding Japan.
Citigroup Mortgage Master is an index which serves as a benchmark for U.S. mortgage-backed securities performance. MSCI United Kingdom Index is a rules-based index that serves as a benchmark for the United Kindgom's equity markets.MSCI Japan is a rules-
based index that serves as a benchmark for Japan's equity markets.
Citigroup WGBI Index is an index which serves as a benchmark for global bond performance, including 22 different government bond markets.
Nareit All Reit Index includes all tax-qualified REITs with common shares that trade on the New York Stock Exchange, the American Stock
Credit Suisse High Yield Index is an unmanaged, trader priced index constructed to mirror the characteristics of the high yield bond market. Exchange or the NASDAQ National Market List.
BC (Barclays Capital) U.S. Aggregate Bond Index represents securities that are U. S., domestic, taxable, and dollar denominated. The index covers 3-Month T-bills (90 Day T-Bill Index) are government-backed short-term investments considered to be risk-free and as good as cash because the
the U. S. investment grade fixed rate bond market, with index components for government and corporate securities, mortgage pass-through maturity is only three months.
securities, and asset-backed securities. These major sectors are subdivided into more specific indices that are calculated and reported on a regular
basis. Russell 1000 Growth Index is a market-capitalization weighted index of those firms in the Russell 1000 with higher price-to-book ratios and higher
forecasted growth values.
BC Credit Bond Index includes publicly issued U.S. corporate and specified foreign debentures and secured notes that meet the specified maturity,
liquidity, and quality requirements. To qualify, bonds must be SEC-registered. Russell 1000 Value Index is a market-capitalization weighted index of those firms in the Russell 1000 with lower price-to-book ratios and lower
forecasted growth values.
BC U.S. Corporate Investment Grade represents investment grade corporate securities that are U. S., domestic, taxable, and dollar denominated.
Russell Top 200 Growth Index is a market-capitalization weighted index of those firms in the Russell Top 200 with higher price-to-book ratios and
BC High Yield Corporate Bond represents below investment grade corporate securities that are U. S., domestic, taxable, and dollar denominated. higher forecasted growth values.
BC TIPS Index includes publicly issued U.S. government treasury inflation protected securities that meet the specified maturity, liquidity and other
requirements. Russell Top 200 Value Index is a market-capitalization weighted index of those firms in the Russell Top 200 with lower price-to-book ratios and
lower forecasted growth values.
BC Mortgage Backed Securities covers agency mortgage-backed pass-through securities (both fixed-rate and hybrid ARMs) issued by Ginnie Mae
(GNMA), Fannie Mae (FNMA), and Freddie Mac (FHLMC). Russell 2000 Growth Index is a market-weighted total return index that measures the performance of companies within the Russell 2000 Index
having higher price-to-book ratio and higher forecasted growth values.
BC Government Index includes publicly issued U.S. government securities that meet the specified maturity, liquidity and other requirements.
Russell 2000 Index consists of the smallest 2000 companies in the Russell 3000 Index, representing approximately 7% of the Russell 3000 total
BarCap U.S. Aggregate 1-3 Yr. TR USD Index represents securities in the BC U.S. Aggregate Index that have maturity dates over the next 1 to 3 market capitalization.
years.
Russell 2000 Value Index is a market-weighted total return index that measures the performance of companies within the Russell 2000 Index
BarCap U.S. Aggregate 3-5 Yr. TR USD Index represents securities in the BC U.S. Aggregate Index that have maturity dates over the next 3 to 5 having lower price-to-book ratios and lower forecasted growth values.
years.
Russell MidCap Growth Index is a market-weighted total return index that measures the performance of companies within the Russell MidCap
BarCap U.S. Aggregate 5-7 Yr. TR USD Index represents securities in the BC U.S. Aggregate Index that have maturity dates over the next 5-7 Index having higher price-to-book ratios and higher forecasted growth values.
years.
Russell Mid-Cap Index includes firms 201 through 1000, based on market capitalization, from the Russell 3000 Index.
BarCap U.S. Aggregate 7-10 Yr. TR USD Index represents securities in the BC U.S. Aggregate Index that have maturity dates over the next 7 to 10
years. Russell MidCap Value Index is a market-weighted total return index that measures the performance of companies within the Russell MidCap index
having lower price-to-book ratios and lower forecasted growth values.
BarCap U.S. Aggregate 10+ Yr. TR USD Index represents securities in the BC U.S. Aggregate Index that have maturity dates over 10 years.
Russell Top 200 Index consists of the 200 largest securities in the Russell 3000 Index.
DJW 5000 (Full Cap) Index measures the performance of all U.S. common equity securities, and serves as an index of all stock trades in the United
States. Russell 3000 Index is a market-capitalization weighted index, consisting of 3,000 U.S. common equity securities, reflective of the broad U.S. equity
market.
MSCI FI Emerging Markets is a rules-based index which serves as a benchmark for emerging country fixed income performance.
Salomo n 1-10 Yr. Governments is an index which serves as a benchmark for U.S. Government bonds with maturities ranging from 1 to 10 years.
MSCI FI EAFE International is a rules-based index which serves as a benchmark for developed international country fixed income performance.
S&P 500 Index measures the performance of the largest 500 U.S. common equity securities, and serves as an index of large cap stocks traded in
MSCI EAFE Index is listed for foreign stock funds (EAFE refers to Europe, Australia, and Far East). Widely accepted as a benchmark for the United States.
international stock performance, it is an aggregate of 21 individual country indexes.
S&P 1500 Energy Index measures the performance of the energy sector in the S&P 1500 Index.
MSCI EAFE Large Value represents the large cap value stocks within the MSCI EAFE Index.
S&P 1500 Industrials measures the performance of the industrial sector in the S&P 1500 Index.
MSCI EAFE Large Growth represents the large cap growth stocks within the MSCI EAFE Index. S&P 1500 Financials measures the performance of the financials sector in the S&P 1500 Index.
MSCI EM (Emerging Markets) Index serves as a benchmark for each emerging country. The average size of these companies is (U.S.) $400 S&P 1500 Utilities measures the performance of the utilities sector in the S&P 1500 Index.
million, as compared with $300 billion for those companies in the World index. S&P 1500 Consumer Discretionary Index measures the performance of the consumer discretionary sector in the S&P 1500 Index.
MSCI World Index is a rules-based index that serves as a benchmark for the developed global equity markets. S&P 1500 Consumer Staples Index measures the performance of the consumer staples sector in the S&P 1500 Index.
S&P 1500 Information Technology measures the performance of the information technology sector in the S&P 1500 Index.
S&P 1500 Materials measures the performance of the materials sector in the S&P1500 Index.
S&P 1500 Health Care measures the performance of the health care sector in the S&P 1500 Index.
S&P 1500 Telecommunications Services Index measures the performance of the telecommunications services sector in the S&P 1500 Index.

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