Past performance is not a guarantee of future results. Both the Traditional Portfolio and the Mixed Portfolio are presented for hypothetical purposes only and do not represent the performance of any particular investment. The Traditional Portfolio is comprised of 60% stocks and 40% bonds. The Mixed Portfolio has an equal weighting of traditional asset classes (stocks, bonds and cash) and alternative investments (managed futures, commodities and hedge funds). Stocks are represented by the S&P 500 Index. Bonds are represented by the Barclays Capital Aggregate Bond Index. Commodities are represented by the S&P GSCI Index. Hedge funds are represented by the HFRI Fund Weighted Composite Index. Managed futures are represented by the S&P’s Diversified Trends Indicator (“S&P DTI”). Cash is represented by the Citigroup 3-month T-bill Index. The index returns do not include any management fees, transaction costs or expenses. The indices are unmanaged and are not available for direct investment. For more information on the indices, please see below.