(PUB) Investing 2016

36

Historical Performance

Historical Risk

Morningstar Rating vs.Category 5 ! Best

Total Return % 09-30-16

Total Return % Category Rank

12- Mo Yld %

Stand- ard Devia- tion (R²)

Risk Relative to Category

Morningstar Analyst Rating

1 ! Best, 100 ! Worst

A N N U A L I Z E D

Morningstar 500 Domestic Equity

YTD 1 Yr

3 Yr

5 Yr

10 Yr YTD 1 Yr 3 Yr 5 Yr 10 Yr

Allocation (cont’d)

—

5.2 6.9 14.2 13.1 14.3 12.6 13.4 13.2 12.0 10.8

3.9 7.0 3.8

— — — — —

— 6.43 (75)

—

CA ]QQQ

Permanent Portfolio Permanent I PRPFX PIMCO All Asset All Authority D PAUDX

—

2.0

2.6 2.5 4.4 1.5 2.0

5.7 4.1 4.6 — — 6.1 8.5 6.4 5.9 5.7 6.8 4.6 — 6.1 5.7 6.3 7.1 7.1 6.7

1 6 7

4 7 5

93 98 10 85 87 39 64 66 23 95 98 — 79 36 —

1.0 3.4 2.7 0.9 1.8 1.8 1.3 1.5 1.9 1.8 2.0 2.0 3.3 1.9 2.0 2.0 2.8 2.5 1.5

7.64 (40) 8.57 (59) 8.03 (72) 7.27 (43) 7.53 (94) 7.02 (84) 9.47 (94) 5.44 (97) 6.64 (98) 6.54 (93) 2.98 (59) 6.36 (96) 7.41 (96) 7.38 (98) 5.06 (91) 4.37 (76) 7.13 (93) 6.07 (89) 3.04 (1)

High +Avg

´

QQQ QQQ

TV TV CA NE

-1.1

Œ

PIMCO All Asset D PASDX

1.5 1.3

Avg

Q

PIMCO Inflation Response MultiAsst Instl PIRMX

—

2 12 21 44

High

PIMCO RAE Fundamental Advantage PLUS D PFSDX ˇ

QQ

-1.5

3.7

2.9

Avg

„ Œ „ „ „ Œ Œ „ Œ Œ Œ Œ —

QQQQ

T. Rowe Price Balanced RPBAX

MA MA

6.0

9.9

6.3 10.5

56 33

26 23 17

+Avg

QQQQQ

8.1 13.0 10.8 14.6

T. Rowe Price Capital Appreciation PRWCX T. Rowe Price Personal Strat Gr TRSGX T. Rowe Price Personal Strat Inc PRSIX T. Rowe Price Retirement 2015 TRRGX Vanguard Balanced Index Adm VBIAX Vanguard LifeStrategy Income Inv VASIX Vanguard Managed Payout Investor VPGDX

13

5

1

1 7

1 4 7 1

Avg

QQQQ QQQQ

AL CA TD

6.5 11.7

6.9 12.6

48 21 36 20

16

+Avg

7.0

9.5

5.3 5.9

8.3 9.6

13 13

Avg

QQQQQ QQQQQ

7.7 10.5

4

3

5

1

High

MA

7.5 11.2

8.0 11.0

21 13 33 29 28 79 27 16 20 17

6 13 10 10 36 27 52 100 — 21 24 17

-Avg -Avg Low Avg Avg Avg -Avg Avg Low Avg Avg -Avg +Avg +Avg +Avg +Avg +Avg High -Avg -Avg Avg Avg -Avg -Avg Low Avg +Avg Avg Avg

QQQQ

XY

6.6 7.1

7.3 9.2

5.0 5.8

5.3 9.1

QQ

XM MA

QQQQ QQQQ

Vanguard STAR Inv VGSTX

7.1 10.8 7.4 10.7

6.7 10.4 6.5 10.4

Vanguard Target Retirement 2025 Inv VTTVX

TG

4 20

7

QQQQQ QQQQQ QQQQQ

Vanguard Tax-Managed Balanced Adm VTMFX Vanguard Wellesley Income Inv VWINX

CA CA

5.7

9.7

7.7 10.0

70 18

1 3 6

1 8 7

5 1 5

8.8 11.6 7.6 11.9

7.3

8.7

20 19

9 9

Vanguard Wellington Inv VWELX

MA MA

7.9 11.5

QQQQ

Westwood Income Opportunity Instl WHGIX

—

5.9

9.2

5.5

8.5

58 50

51 69 10

U.S. Specialty Funds AllianzGI Technology Institutional DRGTX Cohen & Steers Realty Shares CSRSX

´ ´

QQQQ QQQQ QQQQ QQQQ QQQQ QQQQ

ST SR SF SR EE SH ST SU

7.7 18.4 11.5 16.2 10.9

74 62 45 20 39 26

60 57 20 10 23 22 19 46 25

0.0 14.71 (65) 2.5 14.66 (18) 0.5 12.63 (74) 1.6 15.04 (15) 0.9 21.16 (40) 0.0 16.22 (35) 0.1 14.78 (69)

9.6 18.2 14.4 15.4

6.4 4.3 6.2 3.3

Davis Financial A RPFGX

—

2.8

8.5

9.3 14.4

´

Fidelity Real Estate Investment Port FRESX

10.9 20.8 14.9 16.3

23 16

2 9

4 8

6 30 7 23

Fidelity Select Energy FSENX

—

25.9 24.1

-3.4

5.7

Fidelity Select Health Care FSPHX Fidelity Select Technology FSPTX

— —

-2.5

6.9 16.0 23.5 12.9

24 27 21 15 12 23 22 44 27 51 42 12 56 56 53 28 40 19 88 71

1 19 28 41 32 12

QQQ

14.4 26.6 14.0 17.2 11.1

Œ

QQQQ

Franklin Utilities A FKUTX

18.1 18.2 12.3 12.3 11.9 -0.1 -13.0 -9.2

8.6 —

12 17

4

2.7 12.41

(6)

BB ]QQQ

Harbor Commodity Real Return ST Instl HACMX PIMCO Commodity Real Ret Strat D PCRDX T. Rowe Price Global Technology PRGTX T. Rowe Price Health Sciences PRHSX T. Rowe Price Media & Telecomms PRMTX

—

56 56 — 60 59 37

2.8 15.78 (91)

„

QQ

11.6 -0.5 -13.1 -9.4 -3.9

BB

2.3

15.6 (91)

´ ˇ

QQQQQ QQQQQ QQQQQ

12.1 29.4 24.0 24.8 15.4

ST SH SC

3

1 7 1

1 1 6

0.0 15.99 (77) 0.0 16.13 (29)

-5.8

1.2 15.2 25.1 15.7

21

— —

11.0 23.0 12.7 19.1 13.4

1

0.2

13.7 (78)

SN [QQQ SR [QQQ ST ]QQQQ GR ]QQQQQ

T. Rowe Price New Era PRNEX T. Rowe Price Real Estate TRREX

21.6 23.6

-1.3

4.1

2.7 5.8

26 29 22 24 29 46

1.2 17.07 (54) 2.2 14.03 (19) — 15.09 (75) 0.6 11.75 (75) 2.1 20.22 (47) 1.0 12.65 (47) 1.4 34.73 (10)

Œ

8.0 15.9 13.9 15.2

T. Rowe Price Science & Tech PRSCX Third Avenue Real Estate Value Instl TAREX

—

16.7 32.8 17.5 18.2 11.1

9

6

18 14 13

„ ˇ

7.1

8.5

6.6 14.4

4.0 3.3

71 84

56

1

4

QQQQ

Vanguard Energy Inv VGENX Vanguard Health Care Inv VGHCX

EE

26.2 25.3

-3.5

3.6

16

8

14 31 24 5 56 47 80 17 79

Œ

SH [QQQ

-3.2

5.2 15.8 19.8 11.0

30 39 93 94

QQQQ

80.0 69.8

Vanguard Precious Metals and Mining Inv VGPMX

—

SP

2.9 -8.7 -2.0

Œ

SR ]QQQQ

Vanguard REIT Index Adm VGSLX

11.8 19.7 14.0 15.7

6.5

9 10

21 14 20

3.5

15.0 (14)

+Avg

BarCap US Agg Bond TR USD

5.8 5.2 8.4 11.0

4.0 3.1 5.6 8.7

4.8 5.7 7.2

Dow Jones Moderate Portfolio Index

S&P 500 Index

7.8 15.4 11.2 16.4

Legend

Categories

AL Allocation—70% to 85% Equity BB CommoditiesBroadBasket CA Allocation—30% to 50% Equity EE Equity Energy GR Global Real Estate IH World Allocation LO Long-Short MA Allocation—50% to 70% Equity

SF Financial SH Health SN Natural Resources SP Equity Precious Metals

TG Target Date 2021-2025 TH Target Date 2026-2030 TI Target Date 2031-2035 TJ Target Date 2036-2040 TK Target Date 2041-2045

Red ! Lowest return in group Green ! Highest return in group Italic ! Extended performance

E ! New this month ][ ! Increase/decrease in rating NR ! No Morningstar Rating; fund less than three years old.

SR Real Estate ST Technology SU Utilities

TL Target Date 2050+ TV Tactical Allocation RI Retirement Income XM Allocation—85%+ Equity XY Allocation—15% to 30% Equity

TA Target-Date 2000-2010 TD Target Date 2011-2015 TE Target Date 2016-2020

NE Market Neutral SC Communications