(PUB) Morningstar FundInvestor

12

Fed Provides a Boost But Month Ends on Down Note Market Overview | Flynn Murphy

Benchmark Performance

Total Return % Through

A N N U A L I Z E D

09-30-13

1Mo YTD 3Yr

5Yr

10Yr

Large Growth Large Blend Large Value

5.0 21.4 15.0 10.3 6.8 3.4 19.7 14.4 9.1 6.8 2.8 20.0 14.5 8.6 6.9 5.3 24.5 15.7 11.6 8.6 4.6 23.4 15.8 11.4 9.0 4.2 23.8 16.0 11.5 9.4 6.3 30.3 18.3 12.3 8.6 5.9 26.0 17.2 11.2 9.2 5.3 24.6 16.9 11.1 9.5 3.8 13.4 10.3 8.1 6.6 2.0 4.0 6.1 6.7 4.8 2.8 10.2 9.3 7.6 5.9 5.1 15.1 10.5 10.1 8.1 3.7 22.5 12.5 5.6 3.5 6.0 3.0 8.6 6.4 8.5 5.7 37.1 23.7 15.0 10.4 4.1 3.9 3.1 1.3 10.0 -8.8 -40.7 -21.5 -2.5 4.7 3.3 2.0 11.2 5.7 8.7 6.0 23.3 13.1 13.4 7.8 2.8 13.1 12.0 8.2 10.1 3.1 19.8 16.3 10.0 7.6 5.2 23.2 17.5 13.1 10.8 6.4 27.7 18.3 11.2 9.6 7.1 8.4 5.3 7.1 8.2 6.6 -3.2 -0.5 5.9 11.5 6.2 15.5 8.2 6.5 8.5 6.9 12.6 7.2 5.5 7.4 6.8 11.6 7.6 7.1 8.0 7.0 14.2 7.2 5.2 7.3 7.3 19.2 10.9 11.4 11.4 7.8 17.6 9.3 9.2 9.0 5.4 16.1 10.3 8.1 7.8 7.4 16.1 8.5 6.4 8.0 5.0 17.3 11.8 7.8 7.6 6.2 -6.4 -2.8 4.6 10.1 7.2 16.1 8.7 6.0 8.5 8.4 -13.0 -9.0 0.7 13.9 7.8 16.5 8.3 7.3 7.1 1.0 3.6 8.1 10.6 7.0 1.3 -6.3 3.0 4.5 4.2 1.0 -1.7 3.3 6.2 4.1 2.4 -4.7 2.9 5.7 3.6

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

U.S. stocks rose during the first half of September, hitting all-time highs after the Federal Reserve indi- cated midmonth it was not yet tapering its bond- buying stimulus program. The Fed said it was worried about the effects that a possible government shut- down could have, and, in fact, the market declined at the end of the month as that threat looked more real. The S & P 500 still gained 3 . 1% for the month. Small caps fared even better, with the Russell 2000 rising 6 . 4% in September. Large-cap industrials had a strong month, with the industrials category posting a 6 . 4% gain. Mairs & Power Growth MPGFX , with 31% of assets allo- cated to industrials, outpaced most large-blend peers, gaining 4 . 6% in September. Foreign stocks did even better in September. The MSCI EAFE Index gained 7 . 4% for the month. Japa- nese stocks advanced, with the Nikkei 225 Index posting an 8% return for the month. Fidelity Interna- tional Small Cap FISMX , which has a 30% allo- cation to Japanese stocks, outpaced foreign small/ mid-growth peers, gaining 9% . Emerging markets continued to show signs of life, with the MSCI Emerging Markets Index gaining 6 . 5% during the month thanks in part to a delay in Fed tapering. Struggling India equities rallied during the first part of the month, only to fall as the nation’s Reserve Bank surprised markets with an interest-rate hike. Matthews India Investor MINDX gained 13 . 9% for the month. Municipal bonds and taxable bonds saw renewed interest following the Fed’s decision. Intermediate- term muni bonds gained 1 . 8% during the month, edging the intermediate-term-bond category’s 1 . 0% gain. PIMCO Total Return PTTRX outpaced peers, returning 1 . 8% . œ

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 1.8 -3.3 2.0 5.6 4.7 BarCap US Agg Bond TR USD 1.0 -1.9 2.9 5.4 4.6 BofAML US HY Master II TR 1.0 3.8 8.9 13.4 8.7 BarCap Municipal TR USD 2.2 -2.9 3.2 6.0 4.4