Hoosier S.T.A.R.T.Indiana Deferred Compensation Plan

Overview of Plan Investment OptionsFall, 2010

Current Hoosier S.T.A.R.T. Choices

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Currently Hoosier S.T.A.R.T. has 18 options available to participants.

One option, the Fidelity Low-Priced Stock fund is presently closed to new contributions.

Current Investment Option Array

Risk Spectrum Tier I. Lifestyle Options Tier II. Core Options Tier III. Specialty Options

Conservative

Indiana Retirement Fund Indiana Stable Value Domini Social Equity

Indiana 2010 Fund PIMCO Total Return Fidelity Div. International

Indiana 2015 Fund BlackRock Large Cap Value Perkins Mid Cap Value

Indiana 2025 Fund Vanguard Institutional Index Fund Vanguard Capital Opportunity

Indiana 2035 Fund Wells Capital Advant. Growth Fidelity Low-Priced Stock

Indiana 2045 Fund Artio International Equity II

Frontegra IronBridge SMID

Aggressive

Upcoming Changes to Hoosier S.T.A.R.T.

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Coming soon, the Investment Option choices will be expanded to include 9 Target-Date offerings plus a new Inflation-linked option.

The increased offerings are designed to allow participants to further focus on risk-tolerance.

The inclusion of an Inflation-linked option is intended to help participants protect the purchasing power of their retirement assets.

New Investment Option Array

Risk Spectrum Tier I. Lifestyle Options Tier II. Core Options Tier III. Specialty OptionsConservative

Indiana Retirement Fund Indiana Stable Value Inflation-Linked Bond Fund

Indiana 2015 Fund PIMCO Total Return Domini Social Equity

Indiana 2020 Fund BlackRock Large Cap Value Fidelity Div. International

Indiana 2025 Fund Vanguard Institutional Index Fund Perkins Mid Cap Value

Indiana 2030 Fund Wells Capital Advant. Growth Vanguard Capital Opportunity

Indiana 2035 Fund Artio International Equity II Fidelity Low-Priced Stock

Indiana 2040 Fund Frontegra IronBridge SMID

Indiana 2045 Fund

Indiana 2050 FundAggressive

Some Definitions Asset Class: Broad building blocks that allow an investor to

construct a portfolio best designed to reflect their risk-tolerance and objectives.

Generally asset classes are categorized as:

1) Cash

2) Bonds

3) Stocks

Asset Style: Further defines the investment universe of a particular asset class:

Example: Stocks

1) Large Cap Stocks (ex. Exxon Mobile Corp., Apple Inc., Microsoft)

2) Mid/Small Cap Stocks (ex. Cummins Inc., Avon Products, E*Trade Fincl.)

3) Non-US Stocks (ex. Nestle S.A., Nokia, AstraZeneca)3

What type of investor are you?Participants should consider the following

Time available to select, manage and monitor your investments

Comfort Level with your ability to select and manage your portfolio

Interest and knowledge of investing

Investment Strategy involvement (buy & hold vs. actively trading)

Desire for a professionally-tailored solution

Low Medium High

Low Medium High

Low Medium High

Low Medium High

Great Moderate Little

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What type of investor are you?

“Do it for me”

“Help me do it”

“Do it myself”

Time available to select, manage and monitor your investments

Low Low/Medium High

Comfort Level with your ability to select and manage your portfolio

Low Low/Medium High

Interest and knowledge of investing

Low Low/Medium High

Investment Strategy involvement (buy & hold vs. actively trading)

Low Medium High

Desire for a professionally-tailored solution

Great Moderate Little

Hoosier S.T.A.R.T. solution

Reality Investing-Managed Account

Target-Date Funds

Core & Specialty Options

Hoosier S.T.A.R.T. has solutions for each investor type

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What is a Reality Investing-Managed Account?

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A managed account is a professionally managed portfolio that is personalized and tailored to a particular investor’s needs and circumstances.

You supply information about your goals, risk tolerance, and personal finances (both inside and outside of the Plan), etc.

An investment advisor picks a diversified allocation of investment options from the Plan to fit your unique situation and retirement goals and automatically implements the portfolio for you.

Your account is automatically reviewed every three months to make sure your portfolio stay aligned with your goals. Any needed adjustments occur automatically.

An annual fee based on your account balance will be assessed to your account quarterly.

Source: Reality Investing Overview www.hoosierstart.gwrs.com

A managed account may be an appropriate choice if:

You want a professionally managed portfolio designed around your specific and unique goals and objectives

You want a professional continuously evaluating your portfolio and adjusting it automatically

You want to integrate your portfolio with assets outside of the Hoosier S.T.A.R.T. plan

You want to be reminded regularly to review your financial position and portfolio

A managed account may not be the best choice for you if:

You want to choose your own fund options or asset styles

You do not want to pay an asset-based fee for professional advice

Is a Reality Investing-Managed Account for me?

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A target-date fund is a professionally managed option offered to participants that sets the asset allocation of the option based on the time horizon of the participant.

A target-date fund is geared toward a date in the future—retirement

A target-date fund is designed to be a single option solution for participants who lack the time, knowledge, or desire to construct their own portfolio allocations.

A target-date fund periodically and automatically resets the asset allocation based on the time horizon.

Target-date funds invest more aggressively at younger ages to maximize saving and accumulation and as a participant nears retirement the fund gradually invests more conservative to prepare for the income need.

The target-date options are monitored by Hoosier S.T.A.R.T. and changes are automatically made when and if necessary.

What is a Target-Date Fund?

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A Target-Date Fund may be an appropriate choice if:

You want a professionally managed option designed to diversify your portfolio

You want to choose an option and “forget it”

You want a simple choice

You want automatic and regular rebalancing

A Target-Date Fund may not be the best choice for you if:

Your risk-tolerance doesn’t match the target-date’s asset allocation

You want to choose your own fund options or asset styles

You want a static asset allocation over time

Is a Target-Date Fund for me?

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Common mistakes when using Target-Date funds

Chasing Returns or basing selection of the Target-date fund only on past performance—

Because a consistent strategy is utilized in constructing the target-date fund line up, over or underperformance of the target-date options is most likely based on the amount of equities in the fund.

Investing in more than one Target-date fund—

The target-date funds in the Hoosier S.T.A.R.T. Plan are designed to be professionally managed, pre-diversified options, therefore, investing in more than one target-date option does not result in more diversification.

Failing to understand the Target-date funds’ asset allocation and failing to monitor the option selected—

Despite being professionally managed and monitored, participants should make sure the Target-date fund’s allocation is in-line with their risk-tolerance and return objective and should review the options periodically.

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Currently the Hoosier S.T.A.R.T. plan offers six target-date options for participants just beginning employment through participants in their retirement years.

Coming Soon, the plan will offer nine target-date options to better help Hoosier S.T.A.R.T. participants in preparing for retirement.

Also soon, as part of the roll-down process, the Indiana 2010 option will merge into the Indiana Retirement option and the Indiana 2050 option will be added to the Plan.

What is offered in my Plan?

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Current Target-Date Options in HoosierS.T.A.R.T.

Age of Participant w/65 as Retirement Date

Target Date OptionsUnderlying Investment

Options

65 or older Indiana Retirement FundPassive Large Cap Equity:

Vanguard Institutional Index

62 (61 - 64) Indiana 2010 FundSmall/Mid Cap Core:

Frontegra IronBridge SMID

60 (55 - 60) Indiana 2015 FundInternational Equity:

Artio International Equity II

50 (45 - 54) Indiana 2025 FundCore Plus Fixed Income:

PIMCO Total Return

40 (35 - 44) Indiana 2035 FundStable Value:

Indiana Stable Value

30 (34 or younger) Indiana 2045 Fund

Currently the Target-Date offerings are spread out in 10 year increments with the addition of the 2010 option closer to retirement.

The Target-Date offerings represent a blend of the same Core options that are offered in the Hoosier S.T.A.R.T. plan.

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Changes coming to the Target-Date Options

The Indiana 2010 Fund will merge into the Indiana Retirement Fund

Hoosier S.T.A.R.T. will soon offer Target-Date Options in 5 year increments for all ages and incorporate an Inflation-Linked fund

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Age of Participant w/65 as Retirement Date

Target Date OptionsUnderlying Investment

Options

65 (63 or older) Indiana Retirement FundPassive Large Cap Equity:

Vanguard Institutional Index

60 (58 - 62) Indiana 2015 FundSmall/Mid Cap Core:

Frontegra IronBridge SMID

55 (53 - 57) Indiana 2020 FundInternational Equity:

Artio International Equity II

50 (48 - 52) Indiana 2025 FundCore Plus Fixed Income:

PIMCO Total Return

45 (43 - 47) Indiana 2030 FundStable Value:

Indiana Stable Value

40 (38 - 42) Indiana 2035 FundInflation-Linked Fixed Income:

Inflation-Linked Bond Fund

35 (33 - 37) Indiana 2040 Fund

30 (28 to 32) Indiana 2045 Fund

25 (27 or younger) Indiana 2050 Fund

18%

30%

42%

10%

16%

35%39%

10%

14%

42%35%

9%13%

38%

7%30%

7%

5%

10%37%

13%24%

6%

10%

7%

37%

20%

18%

5%

13%

For early savers, the Target-date funds begin with a more aggressive allocation to maximize savings and provide more growth.

As the participant moves toward retirement, the portfolio gradually moves from more aggressive to more conservative to protect the portfolio from adverse markets and provide more income.

Illustration of how Target-date funds are designedEquities can provide growth during early years while account balances are still low and future contributions are expected to be high.

As retirement approaches, the investment mix automatically shifts toward stable, income generating assets.

The combination of Inflation-Linked and Stable Value are designed to provide a participant with the income that they need in retirement, while simultaneously protecting them from risinginflation.

Large Cap U.S. Equity

Small Cap U.S. Equity

Non-U.S. Equity

U.S. Fixed Income

Stable Value

Inflation-Linked

20%

20%

48%

12%

Age 25

20%

20%

48%

12%

Age 30

11%

45%

25%

19%

Age 35

Age 40

Age 45Age 50

Age 55 Age 60 Age 65+

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Core options are provided to Hoosier S.T.A.R.T. participants who choose to construct their own portfolio allocations to best reflect their return objectives and risk-tolerance.

Or for participants that want to build a portfolio with a particular “bias”, such as U.S. stocks only or Large company stocks only.

Or for participants who wish to combine and manage their entire portfolio combined (IRAs, ASA Plan, Joint Account, Hoosier START) and select the best options from each plan in combination.

The core options are designed to provide participants with a broad array of asset classes and styles in order to build a broadly diversified portfolio of stocks and bonds.

What is a Core option?

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Is a Core option for me?

Core Options may be an appropriate choice if:

You want to build your own portfolio

You want to manage your portfolio until retirement

You want a broader selection of asset styles or wish to invest around a particular bias

You want to manage the timing and rate of allocation changes in the portfolio

Core Options may not be the best choice for you if:

You are not sure how to diversify your portfolio

You are not sure how to choose among different funds

You do not want to regularly monitor the asset allocation or performance of your portfolio and investment options 16

Currently the Hoosier S.T.A.R.T. plan offers seven core options

Each core option is selected to represent a distinct asset class and/or style in order to allow participants to build broadly diversified portfolios

What is offered in my Plan?

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Risk SpectrumConservative Aggressive

Asset Class Value Core Growth

Cash/Stable Value Indiana Stable Value

Domestic Fixed Income PIMCO Total Return

Large Cap Domestic Eq BlackRock Large Cap Value Vanguard Institutional Index Wells Fargo Adv Capital Growth

International Equity Artio International Equity II

Small/Mid Cap Dom. Eq Frontegra IronBridge SMID

Aggressive

Types of core options in Hoosier S.T.A.R.T.

Core Option offeredAsset Class

Style General Objective

Vanguard Institutional Index Equity Passive-Core Replication of S&P 500 Index

BlackRock Large Cap Value EquityLarge Cap Value

Buys undervalued large capitalization stocks

Wells Fargo Fargo Endeavor Select

EquityLarge Cap Growth

Buys large capitalization stocks with growth opportunity

Frontegra Ironbridge Small/Mid Equity

EquitySmall & Mid Core

Buys small- to mid-capitalization stocks

Artio International Equity II EquityInternational Equity

Buys international (non-US) stocks

PIMCO Total Return Fund BondFixed Income

Buys bonds designed to maximize total return

Indiana Stable Value Fund Cash Eq. Stable ValueProvides stable income and capital preservation

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Core Option: Vanguard Inst. Index Fund

Firm Information: Vanguard

Ticker: VINIX

Manager Information: Michael Buek/Quantitative Equity Group

Asset Class: Passive Core Equity

Investment Objective: Seeks to track the performance of the S&P 500Index, by utilizing a full-replication approach. Invests in U.S. large-cap equity stocks

diversified across growth and value styles.

Fund Index: S&P 500 Index

Expense Ratio: 0.05%

Largest Holdings: Exxon Mobile, Apple Inc., Microsoft, Proctor & Gamble Co., Johnson & Johnson

19Information is as of June 30, 2010

Core Option: BlackRock Large Cap ValueFirm Information: BlackRock

Ticker: MKLVX

Manager Information: Bob Doll and Dan Hanson

Asset Class: Large Cap Value Domestic Equity

Investment Objective: Long-term growth of capital through investment primarily in a diversified portfolio of equity

securitiesof large-cap companies located in the UnitedStates that Fund management believes are

undervalued.

Fund Index: Russell 1000 Value Index

Expense Ratio: 0.65%

Largest Holdings: Bank of America Corp., Citigroup Inc., UnitedHealth

Group Inc., Intel Corp., Eli Lilly & Co.

20Information is as of June 30, 2010

Core Option: Wells Capital Advantage Growth

Firm Information: Wells Capital

Ticker: WWCIX

Manager Information: Tom Pence and Michael Harris

Asset Class: Large Cap Growth Domestic Equity

Investment Objective: Long-term growth of capital through investmentprimarily in a diversified portfolio of equity

securitiesof large-cap companies located in the United Statesthat Fund management believes have growthopportunities.

Fund Index: Russell 1000 Growth Index

Expense Ratio: 0.76%

Largest Holdings: Apple Inc., Cisco Systems, Ford Motor Company,American Express Company, EMC Corporation

21Information is as of June 30, 2010

Core Option: Frontegra IronBridge SMIDFirm Information: IronBridge Capital

Ticker: IBSMX

Manager Information: Christopher Faber and Jeffrey Madden

Asset Class: Small- and Mid-Cap Domestic Equity

Investment Objective: Capital appreciation, primarily through investment in

a diversified portfolio of equity securities of U.S. companies with small-to-medium market

capitalizations.

Fund Index: Russell 2500 Index

Expense Ratio: 0.95%

Largest Holdings: UGI Corp., McCormick & Company, Questar Corp, Illumination Inc., Corporate Office Properties

22Information is as of June 30, 2010

Core Option: Artio International Equity IIFirm Information: Artio Global

Ticker: N/A

Manager Information: Richard Pell and Rudolph Younes

Asset Class: Core International Equity

Investment Objective: Long-term growth of capital. The Fund attempts to

meet this goal by investing in a diversified portfolio of

equity securities of all sizes issued throughout the

world, normally excluding the US.

Fund Index: MSCI ACWI Ex-US Index

Expense Ratio: 0.90%

Largest Holdings: Novartis AG, Sberbank of Russ. Fed, GlaxoSmithKline PLC, Barrick Gold Corp., Nestle S.A.

23Information is as of June 30, 2010

Core Option: PIMCO Total Return FundFirm Information: Pacific Investment Management Company

(PIMCO)

Ticker: PTTRX

Manager Information: Bill Gross

Asset Class: Core Bond

Investment Objective: The Fund seeks maximum total return, consistent

with preservation of capital and prudent investment

management, through a diversified portfolio of bonds.

Fund Index: Barclays Capital Aggregate Index

Expense Ratio: 0.46%

Fixed Income Sector Exposure:

24Information is as of June 30, 2010

Core Option: Indiana Stable Value

Firm and Manager Information:

The portfolio is allocated among three fixed income managers:

45% to Logan Core Plus

45% to Fidelity MIP II

10% to SEI Stable Asset Fund

Asset Class: Stable Value/Cash Equivalent

Investment Objective: The Fund seeks to provide stable income whileproviding capital

preservation, consistent with the purpose of a stable value

fund.

Fund Index: Citi 3-Month Treasury Bill

Expense Ratio: 0.20%

Interest Crediting Rate: 2.35% 25Information is as of June 30, 2010

What is a Specialty Option?

Specialty options are included in the Hoosier S.T.A.R.T. plan to allow participants who are more sophisticated investors the opportunity to further diversify their portfolio or invest opportunistically

Or for participants who want to invest in a highly specialized fund or asset class/style

The Specialty options’ asset class or style may overlap with the Core options offered, but may invest in those asset classes or styles in a different fashion

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Is a Specialty Option for me?Specialty Options may be an appropriate choice if:

You desire to further allocate into more focused or specialized asset classes or strategies

You have a greater knowledge of investments

You want to invest around a specific theme not available among the core options

Specialty Options may not be the best choice for you if:

You are not sure of the specific strategies or styles represented by the specialty options

You do not have the time or knowledge needed to properly monitor the specialty styles

You are not willing to adhere to a particular style or strategy for long periods of time 27

What is offered in my plan?

Currently the Hoosier S.T.A.R.T. plan offers five “Specialty” options, although one—Fidelity Low-Priced Stock fund is closed to new contributions

Each specialty option represents a different “theme” or “style” of investing, however some specialty options may overlap with the core options

Coming soon, the Hoosier S.T.A.R.T. Plan is adding a Specialty option that will represent an Inflation-linked style. The Inflation-linked style is generally designed to protect investors’ assets from unexpectedly high inflation

Specialty options are generally included in the Hoosier S.T.A.R.T. to complement the line up’s existing Core investment options

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Types of Specialty options in Hoosier S.T.A.R.T.

Specialty Option offeredAsset Class

Style General Objective

Domini Social Equity EquityCore-Socially Responsible

Buys large and mid cap stocks that pass social screens

Perkins Mid Cap Value EquityMid Cap Value

Buys undervalued mid cap stocks

Vanguard Capital Opportunity EquityMid Cap Growth Buys mid cap growth stocks

Fidelity Low-Priced Stock Fund Equity Specialty Buys low-priced stocks

Fidelity Diversified International EquityInternational Equity

Buys international (non-US) stocks

Inflation-Linked Bond Fund BondInflation-linked Buys inflation indexed bonds

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Specialty Option: Domini Social Equity

Firm Information: Domini Social Investments LLC

Ticker: DIEQX

Manager Information: Wellington Management Company LLP

Asset Class: Core Equity—Socially Responsible

Investment Objective: Invests in a diversified portfolio of primarily large and mid-sized U.S. companies. Domini conducts

in-depth social and environmental research on all holdings.

Fund Index: S&P 500 Index

Expense Ratio: 0.80%

Largest Holdings: Apple Inc., AT&T, IBM, Microsoft, 3M

30Information is as of June 30, 2010

Specialty Option: Perkins Mid Cap Value

Firm Information: Janus/Perkins

Ticker: JMVAX

Manager Information: Thomas Perkins and Jeff Kautz

Asset Class: Mid Cap Value Domestic Equity

Investment Objective: Seeks capital appreciation. Invests in diversified

portfolios of what Perkins believes are high-quality, undervalued middle capitalization stocks.

Fund Index: Russell Mid Cap Value Index

Expense Ratio: 0.86%

Largest Holdings: Goldcorp Inc., Ameriprise Financial Inc., Noble Energy Inc., Everest Re Group Ltd., URS Corp.

31Information is as of June 30, 2010

Specialty Option: Vanguard Capital Opportunity

Firm Information: Vanguard

Ticker: VHCAX

Manager Information: PRIMECAP Management Company: Kolokotrones,

Schow, Fried, Mordecai and Van Slooten

Asset Class: Mid Cap Growth Domestic Equity

Investment Objective: Seeks long-term capital appreciation. Invests in

out-of-favor growth companies at attractivevaluations utilizing a fundamental stock

selection process.

Fund Index: Russell Mid Cap Growth Index

Expense Ratio: 0.41%

Fund Characteristics: Eli Lilly & Co., Cree Inc., Amgen Inc., FedEx Corp.,

Research In Motion Ltd. 32Information is as of June 30, 2010

Specialty Option: Fidelity Low-Priced Stock

Firm Information: Fidelity

Ticker: FLPSX

Manager Information: Joel Tillinghast

Asset Class: Specialty

Investment Objective: Seeks capital appreciation. Normally invests in low-priced stocks (those priced at or below $35

pershare), which can lead to investments in small and medium-sized companies. Fund can also

investin securities of foreign issuers and is notconstrained by a particular investment style.

Fund Index: Russell 2000 Index

Expense Ratio: 0.99%

Fund Characteristics: UnitedHealth Group Inc., Lincare Holdings Inc., Metro Inc., Safeway Inc., Oracle Corp. 33

Information is as of June 30, 2010

Specialty Option: Fidelity Diversified International

Firm Information: Fidelity

Ticker: FDIVX

Manager Information: William Bower

Asset Class: International Equity

Investment Objective: Seeks capital appreciation. Normally invests innon-U.S. common stocks and allocates

investmentsacross countries and regions.

Fund Index: MSCI EAFE Index

Expense Ratio: 1.01%

Largest Holdings: Nestle SA, HSBC Holding PLC, Vodafone Group, Roche Holdings Genussscheine, Banco Sant

Ander

34Information is as of June 30, 2010

Specialty Option: Inflation-Linked Bond Fund

Firm Information: BlackRock (Inflation Protected Bond Fund)

Ticker: BPLBX

Manager Information: Brian Weinstein and Stuart Spodek

Asset Class: Treasury Inflation Protected Bonds

Investment Objective: Seeks to maximize real return, consistent withpreservation of real capital and prudent

investmentmanagement. Invests primarily in inflation-

indexedbonds of varying maturities issued by the U.S.

andnon-U.S. governments, their agencies or

instrumentalities, and U.S. and non-U.S.corporations.

Fund Index: Barclays U.S. TIPS Index

Expense Ratio: 0.32%

Fund Characteristics:35

Information is as of June 30, 2010

Hoosier S.T.A.R.T. Investment Choices*

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New Investment Option Array

Risk Spectrum Tier I. Lifestyle Options Tier II. Core Options Tier III. Specialty OptionsConservative

Indiana Retirement Fund Indiana Stable Value Inflation-Linked Bond Fund

Indiana 2015 Fund PIMCO Total Return Domini Social Equity

Indiana 2020 Fund BlackRock Large Cap Value Fidelity Div. International

Indiana 2025 Fund Vanguard Institutional Index Fund Perkins Mid Cap Value

Indiana 2030 Fund Wells Capital Advant. Growth Vanguard Capital Opportunity

Indiana 2035 Fund Artio International Equity II Fidelity Low-Priced Stock

Indiana 2040 Fund Frontegra IronBridge SMID

Indiana 2045 Fund

Indiana 2050 FundAggressive

“Help me do it”

“Do it myself”

* Reflects upcoming changes to Hoosier S.T.A.R.T. Plan’s line-up

Selection, Monitoring and Benefits of Hoosier S.T.A.R.T. Selection of Hoosier S.T.A.R.T. options:

The investment committee reviews the Plans’ structure at least annually and evaluates whether gaps or overlaps exist within the existing line-up

If a gap exists or a replacement should be made, the investment committee conducts an extensive search process designed to select disciplined and successful options for the plan

Monitoring of Hoosier S.T.A.R.T. options:

The investment committee reviews the investment options’ performance both quantitatively and qualitatively on a quarterly basis

The investment committee thoroughly reviews each investment option at least annually to determine its continued appropriateness for Hoosier S.T.A.R.T. participants

Benefits of Hoosier S.T.A.R.T. options:

By leveraging the Plans’ $759 million in assets, the Hoosier S.T.A.R.T. plan is able to negotiate favorable fees for participants.

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“Perhaps it would help if I go over it one more time.”

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Information presented is believed to be factual and up-to-date, but we do not guarantee its accuracy and it should not be regarded as a complete analysis of the subjects discussed. It should not be construed as a solicitation of any offer to buy or sell the securities mentioned herein. Information presented does not involve the rendering of personalized investment advice. A professional adviser should be consulted before implementing any of the options presented.

Past performance may not be indicative of future results. Therefore, no current or prospective client should assume that the future performance of any specific investment or investment strategy (including the investments and/or investment strategies recommended by the adviser), will be profitable or equal to past performance levels.

All investment strategies have the potential for profit or loss. Changes in investment strategies, contributions or withdrawals may materially alter the performance and results of your portfolio.

Different types of investments involve varying degrees of risk, and there can be no assurance that any specific investment will either be suitable or profitable for a client's investment portfolio.

Historical performance results for investment indexes and/or categories, generally do not reflect the deduction of transaction and/or custodial charges or the deduction of an investment-management fee, the incurrence of which would have the effect of decreasing historical performance results.

Economic factors, market conditions, and investment strategies will affect the performance of any portfolio and there are no assurances that it will match or outperform any particular benchmark.

Disclosures

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