(PUB) Investing 2015

12

Markets Bounce Back Market Overview | Robert Goldsborough

Benchmark Performance

Total Return % Through

A N N U A L I Z E D

02-28-15

1Mo YTD 3Yr

5Yr

10Yr

Large Growth Large Blend Large Value

6.4 4.5 16.7 15.4 8.4 5.7 2.5 16.4 14.6 7.3 5.4 1.6 15.9 13.8 6.7 6.8 4.6 15.5 15.8 8.9 5.9 3.2 16.2 15.1 8.2 5.5 2.6 17.0 15.2 8.3 7.2 4.1 15.5 16.5 8.7 5.9 2.1 15.0 14.9 7.8 5.6 1.1 14.6 13.9 7.6 4.5 3.1 11.5 11.0 6.1 1.7 1.9 6.2 7.2 5.1 3.4 2.5 10.1 10.0 6.2 6.6 5.7 13.3 12.8 5.7 6.3 -0.2 15.3 10.1 2.7 0.9 4.6 11.7 11.6 5.8 5.1 8.3 31.1 23.0 13.8 6.0 2.5 -2.9 2.6 5.0 -3.4 9.9 -25.2 -11.6 1.6 -2.6 2.9 14.3 16.9 8.4 7.6 4.7 16.0 15.5 9.7 -1.6 -1.4 13.2 12.9 8.6 5.6 2.6 17.9 16.1 7.9 5.1 3.9 17.2 17.0 10.1 5.9 2.5 16.6 16.0 8.3 4.2 6.1 8.7 7.5 6.1 2.5 2.9 0.5 3.4 7.1 6.0 6.7 10.6 9.2 5.9 5.5 6.0 8.3 7.3 4.8 5.2 6.0 8.8 8.3 5.5 5.7 5.9 7.8 6.6 3.9 5.4 5.7 10.9 11.5 7.6 6.3 5.6 9.5 8.5 5.4 5.0 3.9 11.8 11.0 6.6 6.3 7.0 9.5 7.6 4.7 5.9 3.9 13.3 11.7 6.3 4.4 3.7 -0.7 2.9 7.1 6.3 6.3 10.1 8.3 4.9 3.9 -2.7 -14.6 -7.4 4.9 5.5 7.1 8.1 7.0 4.8 2.3 2.6 6.5 8.2 6.5 -0.9 1.7 -0.3 3.4 3.7 -0.5 1.2 3.2 4.6 4.5 -1.1 0.7 4.0 5.2 4.2

Mid-Cap Growth Mid-Cap Blend Mid-Cap Value

U.S. stocks rallied by more than 5% in February amid favorable macroeconomic news, including strong U.S. job growth in January, higher-than-expected auto sales, and a positive retail sales report. Other drivers included an agreement between the eurogroup and Greece to extend Greece’s aid program and a tentative agreement in Ukraine. The materials sector returned close to 8% and was the top-performing U.S. equity sector, followed closely by consumer discretionary and information technology. The energy sector returned close to 5% as oil prices were up for much of the month before turning downward at month’s end. Mean- while, the bondlike utilities sector, which is sensitive to interest rates, slid by close to 6% . The MSCI EAFE Index gained 6% for the month, with stocks from Australia, Portugal, Ireland, Spain, Denmark, and the United Kingdom shining. Invesco European Growth AEDAX , which has a Morningstar Analyst Rating of Silver, returned more than 6% . Emerging markets also had a strong month, with the MSCI Emerging Markets Index gaining 3 . 1% in the month. Greek stocks surged, and Russian equities enjoyed a blowout month as well. Meanwhile, Chinese and Brazilian stocks slightly lagged the benchmark. Silver-rated Matthews China MCHFX gained 1% . The U.S. bond market fell in February, as the yield on the benchmark 10 -year Treasury note rose during the month to 2 . 0% . Investors took comfort in end-of- the-month comments from U.S. Federal Reserve chair Janet Yellen that the Fed likely will not boost interest rates for several months. The inter- mediate-term bond and intermediate muni bond categories were flat during the month, while the long government category was down sharply. œ� Contact Robert Goldsborough at: robert.goldsborough @ morningstar.com

Small Growth Small Blend Small Value

Aggressive Allocation Conservative Allocation Moderate Allocation

Communications

Financial

Global Real Estate

Health

Natural Resources

Equity Precious Metals

Real Estate Technology

Utilities

S&P 500

S&P MidCap 400

Russell 2000

Diversified Pacific/Asia Diversified Emerging Mkts

Europe Stock

Foreign Large Blend Foreign Large Growth Foreign Large Value

Foreign Small/Mid Growth Foreign Small/Mid Value

World Stock

MSCI EAFE MSCI World

MSCI Emerging Markets

MSCI Europe

MSCI Latin America

MSCI Pacific

High Yield Bond

Inflation-Protected Bond Intermediate-Term Bond

Muni National Long

World Bond -0.1 0.2 1.7 3.5 4.1 BarCap US Agg Bond TR USD -0.9 1.1 2.7 4.2 4.6 BofAML US HY Master II TR 2.4 3.1 7.6 9.2 7.8 BarCap Municipal TR USD -1.0 0.7 3.7 5.0 4.7