a new beginning hector palacios sageview advisory group

A New Beginning

Hector PalaciosSageView Advisory Group

Agenda

The current market environment

Plan highlights

3 steps to retirement planning

Asset allocation

Understand the Plan’s investment options

Put it all together

Get going!

-Issue of sub-prime mortgage obligations

-Investment Banks (Lehman, Merrill, AIG) invest heavily in Mortgage Backed Securitys (MBSs)

-Ever increasing excess housing inventory

leads to

-Housing price decline

-Changes in ability to re-finance

-Homeowner equity plummets. Home owners owe more than homes are worth. Variable Mortgage rates kick in.

Housing Crisis Financial Crisis -Bank issued mortgages default at much higher rate than anticipated

-MBSs lose significant value

resulting in

-Investment Bank losses in the billions

-Investment Bank capital declines dramatically

leads to

-Investment Bank Failure

Liquidity Crisis -Significant Investment Bank losses

leads to

-Banks reluctant or unable to lend

resulting in

-Loss of liquidity in markets

-Severe confidence crisis

-Extreme volatility in markets

-Government rescue plan created

The Perfect Storm: A Credit and Economic Crisis

Loss of $1.9 Trillion of investor retirement savings as of October 20081

1 Loss of a total $1.9 trillion in assets in the year between October 9, 2007 and October 9, 2008, according to the Center for Retirement Research at Boston College.

The Fallout

Financial services’ names have disappeared Lehman Brothers – Bankrupt

Merrill Lynch – Fire sale to Bank of America

Bear Stearns – Fire sale to JP Morgan

Decline of consumer US & global markets confidence

Extreme market volatility

Implementation of $700b rescue plan by the Fed & US Treasury

Weathering the Storm

To see your way through uncertain market conditions:

Stay focusedStay focused on what the market has done in the past to maintain perspective

Stay investedStay invested and maintain a strategy for your long-term savings

Stay informedStay informed and get personalized guidance

Stay diversifiedStay diversified among different asset classes

Review of Your Everett Charles Technologies 401(k) Retirement Savings Plan features

Automatic Enrollment At 4% of eligible compensation after completion of one month of service.

Automatically increase annually by 1% until your salary deferral reaches 12%

Automatic elections are invested in a T. Rowe Price Retirement Date Fund based on your date of birth.

Contributions 1% to 99% of your eligible compensation*

Contributions can be made up to the IRS limits**

*Highly Compensated Employees (HCEs) are limited to contributing up to a maximum of 12%.** Employees age 50 or over can contribute an additional $5,000 in 2008Plan highlights are created by ADP Inc. Retirement Services Division. Neither DWS Investments Distributors Inc. nor any of its affiliates are responsible for the content. Except as otherwise specifically noted herein. ADP, Inc. is not responsible for the remainder of the context of this presentation.

Review of Your Everett Charles Technologies 401(k) Retirement Savings Plan features

Company matching contributions The contribution amount is a discretionary amount that is determined by ECT for each

plan year.

Vesting Immediately 100% vested in all your own contribution (e.g., salary deferral) accounts.

The vesting schedule for company matching contribution accounts is:

Vesting Years 1 2 3 4 5

% of Ownership 20% 40% 60% 80% 100%

Plan loans and withdrawals are available

Plan highlights are created by ADP Inc. Retirement Services Division. Neither DWS Investments Distributors Inc. nor any of its affiliates are responsible for the content. Except as otherwise specifically noted herein. ADP, Inc. is not responsible for the remainder of the context of this presentation.

Your Retirement Future The Way You Want It

Set goals

Create a plan

Invest for retirement

I T ’ S A S E A S Y A S

123

1. Set Goals

What’s your plan for retirement? Taking an exotic vacation

Learning a new skill

Spending time with family

Starting a new careerLearning Tool:

Go to www.dwsretire.com

Click on the article, Make the Most of Your 401(k),

This article will help you understand the basic features of 401(k) plans and discover the importance of saving toward your retirement.

1. Set Goals

Factor inflation into your plan for retirement

If inflation decreases the value of a dollar by 3% per year over the next 30 years, consider the cost of some common items in 2039:

Source: National Coffee Association, National Coffee Drinking Trends, National Association of Theatre Owners, Bureau of Labor Statistics, US Postal Service and Standard & Poor’s Financial Communications, 2006 and 2007. The average rate of inflation is 3% over the past 20 years.

2. Create A Plan

Sources of retirement income

Asset Income

15%

Pensions17%

Other sources

3%

Social Security

37%

Earnings28%

Sources: ChartSource, Standard & Poor's Financial Communications. Data is from Fast Facts & Figures About Social Security, published by the Social Security Administration, September 2008. (CS000123)

2. Create A Plan

The advantages of starting early

Michelle Joe

Starting age 24 35

Ending age 34 65

Monthly contribution $100 $100

Total contribution $12,000 $36,000

Years contributed 10 30

Approx. value at age 65 $188,922 $146,815

This hypothetical illustration does not represent an investment in any particular option. It assumes that both individuals earn an 8% annual return. Actual rates of return cannot be predicted and will fluctuate. Your returns may be more or less. Of course, the retirement values will be taxed when Michelle and Joe begin taking distributions.

3. Invest For Retirement

Participating in a tax-deferred retirement plan Contributions can be made before taxes are taken out of your paycheck

This reduces the current amount of taxes you pay on your income, since you’re paying taxes on a smaller amount of money

You pay no taxes on the money you contribute or any gains until you withdraw it from the retirement plan

Retirement assets will be taxed upon withdrawal and there may be a 10% IRS penalty for withdrawals made prior to age 59½

You may be eligible to take a tax credit (a.k.a. the Saver’s Credit)1

1Source: Internal Revenue Service, www.irs.gov. This information is not intended to provide tax or legal advice and should not be relied upon as such. Any specific tax or legal questions concerning the matters described in this slide should be discussed with your tax or legal advisor. Neither DWS Retirement Services nor ADP, Inc. gives tax or legal advice.


The power of tax-deferred compounding

Participating in a taxable savings plan

Participating in a tax-deferred retirement plan

$7

,17

0.3

8

$1

6,7

65

.97

$2

9,6

07

.03

$4

6,7

91

.27

$6

9,7

87

.66

$1

00

,81

5.0

4

$7

,60

3.1

1

$1

8,7

74

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$3

5,1

89

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$5

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07

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$9

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45

.30

$1

46

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5.0

4

5 years 10 years 15 years 20 years 25 years 30 years

Assumes a 25% federal tax bracket, a constant 8% annual return, a $1,200 annual investment in a tax-deferred retirement plan (before taxes) and a $1,200 annual investment in a comparable taxable savings plan. This illustration is hypothetical and does not represent the performance of any particular investment. Investing entails risks, including the possible loss of your principal. Actual returns cannot be predicted and will fluctuate in response to changing market conditions. Your results may be more or less. Retirement assets will be taxed eventually (upon withdrawal), and there may be a 10% federal tax penalty for withdrawals made prior to age 59½. This example assumes federal income tax only.


Understanding mutual funds A mutual fund is a professionally managed pool of money that may

invest in a variety of financial instruments, including stocks, bonds and stable value products based on its stated investment objective

Offers immediate diversification1

1Diversification does not eliminate the risk of potential loss or guarantee a gain.

Stable ValueBond Balanced Stock

International

Low risk

Low return

Medium risk

High risk

Medium return High return


Major market environments, average annual total returns 1926 - 2008

Stable Value

Source: ChartSource, Standard & Poor's Financial Communications. Stocks are represented by the total returns of Standard & Poor's Composite Index of 500 Stocks, an unmanaged index that is generally considered representative of the U.S. stock market. Bonds are represented by the total returns of the composite of long-term government bonds (10+ years), constructed from yields published by the Federal Reserve, and the Barclays Long-Term Government Bond index. Cash is represented by the composite of the yield of 3-month Treasury bills published by Federal Reserve and the total return of the Barclays 3-Month Treasury Bill index. Inflation is represented by the change in the Consumer Price Index. Note that prior to November 2008, the Barclays indexes were calculated by Lehman Brothers. Past performance is not a guarantee of future results. (CS000031)

This chart compares the annualized total returns of stocks, bonds, and cash and inflation, through December 31, 2008, over the past 5-, 10-, and 20-year periods and since 1926.

Major Asset Classes, Annualized Total Returns — 1926 to 2008

-4%

-2%

0%

2%

4%

6%

8%

10%

12%

Since 1926 Past 20 Years Past 10 Years Past 5 Years

Annual

ized

Tota

l Ret

urn

s

Stocks

Bonds

Cash

Inflation

Long-term investors have been rewarded despite short-term ups-and-downs Growth of an assumed $1,000 investment in the S&P 500 Index

(12/31/50 to 12/31/08)

Past performance is no guarantee of future results.

1951 1956

1961 1966 1971 1976 1981 1986 1991 1996 2001 2008

Sources: Thomson Financial and Lipper Inc. Due to the length of time shown, the growth chart uses a logarithmic scale and assumes a $1,000 investment on 12/31/50. It is not intended to represent any DWS mutual fund. Negative periods reflect all market corrections and bear markets of 15% or more since 1951, while positive periods reflect all comparable market rallies.

Index returns assume reinvestment of all distributions and do not reflect fees, expenses or sales charges, which would have lowered returns. You cannot invest directly in an index. Index stocks could have had significant negative results. Index performance may be positively or negatively influenced by a relatively small number of stocks.

$10

$1

(In thousands)

+226%12/50 to 7/57

+105%12/57 to 12/61

+90%6/62 to 1/66

+52%9/68 to 11/68

+76%9/70 to 12/72

+196%9/74 to 11/80

+280%7/82 to 8/87

+72%11/87 to 5/90

+355%10/90 to 6/98

+63%8/98 to 8/00

+98%9/02 to 12/07

$487,044

-15%7/57 to 12/57

-22%12/61 to 6/62

-29%11/68 to 6/70

-43%12/72 to 9/74

-17%11/80 to 7/82

-30%8/87 to 11/87

-15%5/90 to 10/90

-15%6/98 to 8/98

-45%8/00 to 9/02

-16%1/66 to 9/68


-37%12/07 to 12/08


Stay Invested

Stock Market Performance Following Bear Markets

Internet and 9/11, 2001 Crisis 8/31/2000 – 9/30/2002 -45% 4/30/2006 NA 24%

Great Depression 8/31/1929 – 6/30/1932 -83% 1/31/1945 9/30/1950 132%

1970s Oil and Inflation Crisis 12/31/1972 – 9/30/1974 -43% 6/30/1976 2/28/1982 32%

1960’s Tech Bust 12/31/1961 – 6/30/1962 -22% 4/30/1963 1/31/1972 31%

Current Crisis 10/07 – present -36% ? ? ?

Bear Market1 Date Percentage Downturn

Date to Recoup Initial Investment

Date to Double Investment

1 year gain after bottom

Source (except for Current Crisis): Morningstar/Ibbotson. As of 9/30/08. Bear Markets defined as -20% or greater. Month-end returns used only - not daily returns.

1980’s Crisis 8/31/1987 – 11/30/1987 -30% 4/30/1989 4/30/1995 23%

Past performance is no guarantee of future results.


Familiarize yourself with these asset classes Stable value products

– Seek to maintain a stable principal whose value does not fluctuate like that of stocks or bonds

– May not keep up with inflation

Bonds– Issued by a government or corporation, similar to an “IOU”– Bond prices rise as interest rates fall, and vice versa– Offer more risk than stable value products

Stocks– Represents a share of a company– Provide potential growth for your portfolio– Offer higher risk than bonds or stable value products

All investments involve risk, including the possible loss of principal. Some have more risk than others. 1Stable value investments can include money market funds which seek to maintain a constant net asset value of $1.00 per share, but there can be no assurance that the stable net asset value will be maintained. It is possible to lose money. Investments in these funds are neither insured nor guaranteed by the US government.

Asset Allocation

Asset allocation is the process of deciding how your money should be spread among the different asset classes

Your age, amount of time to retirement, comfort level with risk and your financial goals help determine which asset allocation is best for you

Learning Tool:

Access www.dwsretire.com

Click on the Quicklink, How Much Do I Need to Save?

Check out the iChart, Rebalancing Your Asset Allocation

Here you will learn how to spread your money among different asset classes and understand the importance of rebalancing your investment mix.

Your personal retirement planning strategy

Asset Allocation

Sample portfolio models

Please keep in mind, the sample allocation is not meant to be construed as a recommendation or investment advice. Rather, it is intended to give you a point of reference when considering your own unique situation. You may have additional concerns not reflected herein that may affect your investment decisions. Asset allocation does not assure or guarantee better performance and cannot eliminate the risk of investment losses. All investments involve risk including the possible loss of principal.

30% stocks

30% money market instruments

40% bonds

Conservative Moderate Aggressive

50% stocks


30% bonds

80% stocks


Understanding the Plan’s Investment Options

Automatic Solution—T. Rowe Price Retirement Date Funds Highly diversified mutual funds

Helps you meet your changing financial needs now and during retirement

Professionally managed for your stage of retirement planning

Your only step is to decide when you want to retire

– Investment options are designed to help you capitalize on growth opportunities to build assets during your retirement savings years

– Automatically grows more conservative as your retirement date nears

Manual Solution—Remaining investment options Build a portfolio using the core investment options from your retirement plan account

Review, revise and rebalance your portfolio periodically

– Make adjustments when your circumstances change


Automatic Solution— T. Rowe Price Retirement Date Funds T. Rowe Price Retirement Income Fund, Retail Class

T. Rowe Price Retirement 2010 Fund, Retail Class





Diversification does not eliminate risk. The underlying mutual funds in the portfolios of the Asset Allocation funds are subject to stock market risk and invest in individual bonds whose yields and market values fluctuate, so that your investment may be worth more or less than its original cost. More investment risk information is provided on slide 25, 28 & 29 of this presentation.


DWS Stable Value Fund

DWS Core Fixed Income Fund, S Class

American Century Equity Income Fund, Inv Class

T. Rowe Price Equity Income Fund, Adv Class

DWS Stock Index Fund1

DWS Capital Growth Fund, Class S

Goldman Sachs Mid Cap Value Fund, Class A

AIM Capital Development Fund, Class A

DWS RREEF Real Estate Securities Fund, Class S

Allianz NFJ Small-Cap Value Fund, Admin Class

Allianz CCM Emerging Companies Fund, Admin Class

Royce Value Plus Service Fund, Service Class

American Funds EuroPacific Growth Fund, Class R4

DWS Global Opportunities Fund, Class S

Oppenheimer International Small Company Fund, Class A

N/A

SFXSX

TWEIX

PAFDX

N/A

SCGSX

GCMAX

ACDAX

RRGTX

PVADX

PMGAX

RYVPX

REREX

SGSCX

OSMAX

Manual Solution–Investment Options choicesInvestment Option Ticker Symbol

DWS Stable Value Trust seeks to maintain a constant net asset value of $1.00 per share, but there can be no assurance that the stable net asset value will be maintained. It is possible to lose money. Investments in this fund are neither insured nor guaranteed by the US government. DWS Stable Value Fund and DWS Stock Index Fund are collective investment trusts, not mutual funds. Collective investment trusts have similar characteristics to mutual funds, but are structured differently. Collective investment trusts do not have prospectuses. DWS Stock Index Fund only purchases shares of the State Street S&P 500 Fund. More investment risk information is provided on slide 24, 28 & 29 of this presentation.

Putting It All Together

Evaluate goals

Design a plan that is suitable to your individual goals

Stay informed

– Access www.dwsretire.com for your online tools and resources– Use the Voice Response System1 at 1-800-541-7705– Contact the Employee Service Center1 at 1-800-541-7705 and press “0”– Attend regularly scheduled one-on-one SageView advisory sessions– Review your quarterly statement and Retirement Focus newsletter– Read the latest Retirement Focus monthly e-newsletter – Gain additional insight through newspapers and financial magazines

1The VRS, Employee Service Center and Online Retirement Account Access are offered by ADP Retirement Services, the recordkeeper for DWS Investments retirement plans. You may transact business in English or Spanish via the VRS. Employee Service Center representatives are registered representatives of ADP Broker-Dealer, Inc., One ADP Blvd., Roseland, NJ; an affiliate of ADP, Inc.; Member FINRA, SIPC.

Get Going

What we’ve talked about 3 steps to retirement planning

Invest for retirement

Asset allocation

Understand your investment options

Put it all together

Investment RisksInvestments in mutual funds and in asset allocation funds involve risk. Diversification does not eliminate risk. Some investment products have more risk than others, such as those investing in commodity-related securities, which are subject to market price movements, regulatory changes and economic conditions as well as adverse political and financial factors. Bond investments are subject to interest-rate risk such that when interest rates rise, the prices of the bonds, and thus the value of the bond investment, can decline and the investor can lose principal value. Investing in foreign securities present certain risks, such as currency fluctuations, political and economic changes and market risks Furthermore, there are additional risks associated with investing in non-US companies, high-yield bonds, emerging markets, aggressive growth stocks, non-diversified/concentrated funds and small-, mid- and micro-cap stocks which are more fully explained in the prospectuses. The underlying mutual funds in the portfolios of Asset Allocation funds are subject to stock market risk and invest in individual bonds whose yields and market values fluctuate, so that your investment may be worth more or less that its original price. Please read the prospectus for more information.

DWS Investments funds are distributed by DWS Investments Distributors, Inc.; American Century funds are distributed by American Century Investment Services, Inc.; AIM funds are distributed by AIM Distributors, Inc.; Allianz funds are distributed by Allianz Global Investors Distributors LLC; American funds are distributed by American Funds Distributors, Inc.; Goldman Sachs funds are distributed by The Goldman Sachs Group, Inc.; Oppenheimer funds are distributed by Oppenheimer Funds Distributor, Inc.; Royce funds are distributed by Royce Fund Services, Inc.; T. Rowe Price funds are distributed by T. Rowe Price Investment Services, Inc.

Distributor Information

Important Information:

DWS Investments Distributors, Inc.222 South Riverside Plaza Chicago, IL 60606-5808www.dws-investments.com

DWS Investments is part of Deutsche Bank's Asset Management division and, within the US, represents the retail asset management activities of Deutsche Bank AG, Deutsche Bank Trust Company Americas, Deutsche Investment Management Americas Inc. and DWS Trust Company.

NOT FDIC/NCUA INSURED MAY LOSE VALUENO BANK GUARANTEE NOT A DEPOSITNOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY

OBTAIN A PROSPECTUSFor more information or to obtain a fund prospectus, talk to your financial representative or call the Employee Service Center at 1-800-541-7705. We advise you to carefully consider the product’s objectives, risks, charges and expenses before investing. The prospectus contains this and other important information about the investment product. Please read the prospectus carefully before you invest.

All investments involve risk, including possible loss of principal.

This presentation is not intended to provide investment, tax or legal advice and should not be relied upon as such. Any specific investment, tax or legal questions concerning the matters described in this presentation should be discussed with your financial, tax or legal advisor. DWS and ADP do not provide investment, tax or legal advice.

© 2009 DWS Investments Distributors, Inc. All rights reserved. R-11234-1 (05/09)

a new beginning hector palacios sageview advisory group

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