(PUB) Morningstar FundInvestor

12

Booyah! 2013 Rocked Market Overview | Flynn Murphy

Benchmark Performance

Total Return % Through

A N N U A L I Z E D

12-31-13

1Mo YTD 3Yr

5Yr

10Yr

Large Growth Large Blend Large Value

3.0 33.9 14.6 18.6 6.8 2.4 31.3 14.1 16.8 6.7 2.2 31.2 14.2 16.0 6.5 3.1 34.8 13.8 20.6 8.3 2.8 34.4 14.3 20.3 8.6 2.6 34.9 14.8 19.8 8.8 2.5 40.8 15.4 21.4 8.1 2.0 37.6 14.9 20.3 8.7 2.2 36.2 14.8 19.8 8.9 1.7 20.9 9.8 14.2 6.3 0.7 7.1 6.0 9.5 4.6 1.3 16.1 9.0 12.4 5.7 3.5 25.5 11.3 18.7 7.4 2.1 34.9 12.6 14.8 3.2 0.1 2.7 6.5 14.1 7.3 1.9 48.8 24.8 20.8 10.5 2.2 8.0 -1.1 10.6 8.7 -2.9 -48.9 -28.1 -4.2 0.9 0.5 1.6 8.6 16.5 7.6 4.9 35.8 12.4 22.4 7.5 1.9 18.0 11.8 12.4 9.5 2.5 32.4 16.2 17.9 7.4 3.1 33.5 15.6 21.9 10.4 2.0 38.8 15.7 20.1 9.1 0.1 11.9 3.3 12.0 7.4 -0.5 -0.7 -1.9 14.2 9.9 2.8 25.0 8.5 15.3 7.6 1.8 19.3 6.7 11.9 6.4 2.0 17.9 6.8 14.1 7.1 1.6 21.0 7.1 11.4 6.4 2.4 26.7 9.4 18.9 10.4 2.2 25.2 7.9 16.8 8.3 2.1 24.7 9.9 15.1 7.2 1.5 22.8 8.2 12.4 6.9 2.1 26.7 11.5 15.0 7.0 -1.5 -5.0 -4.5 12.1 8.5 2.2 25.2 9.9 13.4 7.3 -2.8 -15.7 -11.5 9.0 11.3 0.0 18.3 5.3 10.9 6.3 0.5 6.9 8.0 15.9 6.8 -1.2 -7.9 2.7 5.0 3.9 -0.4 -1.4 3.7 6.4 4.1 -0.4 -4.6 4.8 6.5 3.5

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

In December, the U.S. stock market slowed, but it made gains even as the Federal Reserve Bank announced it would taper its asset purchase program to $ 75 billion from $ 85 billion per month. Large-cap stocks outpaced small caps as the S & P 500 Index gained 2 . 5% and the Russell 2000 Index gained 2% during the month. Technology and communications stocks fared particu- larly well in December. T. Rowe Price Science & Technology PRSCX returned 6 . 2% during the month, powered by solid results from software and semi- conductor firms. Fidelity Select Technology FSPTX notched a 5 . 5% gain, driven by Internet content and information firms such as Facebook FB , which rose 16 . 3% during the month. Developed international stocks rallied in December, as the MSCI EAFE Index returned 1 . 5% . Europe-stock funds fared slightly better than the broad interna- tional universe. Vanguard European Stock Index VEUSX posted a 2 . 6% gain, with top- 10 holdings Vodafone Group VOD and Royal Dutch Shell RDS .A each returning more than 6% or more. Emerging markets faltered, though. The MSCI Emerg- ing Markets Index fell 2 . 0% , with Latin America and China-region stocks suffering the worst losses. For example, Matthews China MCHFX declined by 1 . 6% during the month. Intermediate-term municipal and taxable-bond funds both lost money in December as rates rose slightly. Vanguard Intermediate-Term Tax-Exempt VWITX declined by 0 . 2% while PIMCO Total Return PTTRX fell 1 . 9% . œ Contact Flynn Murphy at flynn.murphy@morningstar.com

Small Growth Small Blend Small Value

Aggressive Allocation Conservative Allocation Moderate Allocation

Communications

Financials

Global Real Estate

Health

Natural Resources Precious Metals

Real Estate Technology

Utilities

S&P 500

S&P MidCap 400

Russell 2000

Diversified Asia/Pac. Stock Diversified Emerg. 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 0.0 -2.9 2.6 5.6 4.4 BarCap US Agg Bond TR USD -0.6 -2.0 3.3 4.4 4.6 BofAML US HY Master II TR 0.6 7.4 9.0 18.7 8.5 BarCap Municipal TR USD -0.3 -2.6 4.8 5.9 4.3