Investment Pools

• Time horizon for use of funds: 7 years or more

• Mix: 70% Equity / 30% Fixed Income

• Investor type: Investor does not have a known use for funds or has flexibility in the use of funds. Desires long-term real growth. Investor can tolerate volatility.

The objective is primarily principal growth with some downside protection. The portfolio's return will be generated primarily through capital gains from equities. Fixed income and a modest allocation to alternative investments are used primarily to reduce volatility and provide downside protection.

Risk tolerance describes the degree of variability in investment returns an investor is willing and able to accept. Primary factors that should be considered in determining an investor's risk tolerance are the financial ability to accept investment loss, the willingness to accept return volatility, and one's investment time horizon. The risk tolerance for this portfolio is above average. The portfolio is anticipated to have a moderate level of volatility due to fluctuations in interest rates and equity valuations. A modest allocation to alternative investments may help mitigate this volatility.

• Time horizon for use of funds: 4-7 years

• Mix: 50% Equity / 50% Fixed Income

• Investor type: Investor does not have a known use for funds or has flexibility in the use of funds. Desires a yield better than cash plus inflation with an opportunity for real growth. Investor can tolerate moderate volatility.

The objective is a balance of current income, principal growth, and downside protection. The portfolio invests in fixed income instruments in order to generate current income and reduce volatility. The portfolio invests in equities to provide capital appreciation as well as help mitigate the effects of inflation. An allocation to alternative investments will provide diversification and downside protection to the portfolio.

Risk tolerance describes the degree of variability in investment returns an investor is willing and able to accept. Primary factors that should be considered in determining an investor's risk tolerance are the financial ability to accept investment loss, the willingness to accept return volatility, and one's investment time horizon. The risk tolerance for this portfolio is moderate. The portfolio is anticipated to have a moderate level of volatility due to fluctuations in interest rates and equity valuations. A modest allocation to alternative investments may help mitigate this volatility.

• Time horizon for use of funds: 2-5 years

• Mix: 35% Equity / 65% Fixed Income

• Investor type: Investor has a known use for funds in the distant future. Desires a yield better than cash plus inflation. Investor can tolerate mild volatility.

The investment objective for the overall relationship is Moderate Income. The primary goal is the generation of current income with some principal growth. While the majority of the investments will be fixed-income assets, a mix of equities will be included for modest growth potential and as an inflation hedge. A modest allocation to alternative investments will also provide diversification benefits.

Risk tolerance describes the degree of variability in investment returns an investor is willing and able to accept. Primary factors that should be considered in determining an investor's risk tolerance are the financial ability to accept investment loss, the willingness to accept return volatility, and one's investment time horizon. The risk tolerance for this portfolio is moderate. This portfolio is anticipated to have a low to moderate level of volatility due to fluctuations in interest rates and equity valuations. A modest allocation to alternative investments may help mitigate some of this volatility.

• Time horizon for use of funds: 0-3 years

• Mix: 100% Fixed Income

• Investor type: Investor has a known use for funds in the near future. Desires a yield better than cash.

The investment objective for the overall relationship is Income. The primary goal is to provide a consistent stream of current income. The portfolio invests primarily in fixed-income assets with a focus on yield. Current income is expected to be the primary source of return for this portfolio. The portfolio may at times invest a small portion of assets in equities as an inflation hedge.

Risk tolerance describes the degree of variability in investment returns an investor is willing and able to accept. Primary factors that should be considered in determining an investor's risk tolerance are the financial ability to accept investment loss, the willingness to accept return volatility, and one's investment time horizon. The risk tolerance for this portfolio is low. This portfolio is anticipated to have a low to moderate level of volatility due to fluctuations in interest rates and equity valuations. A modest allocation to alternative investments may help mitigate some of this volatility.

• Time horizon for use of funds: N/A

• Mix: 100% TIPS/Money Markey Funds

• Investor type: Investor has a known use for funds in the near future and does not desire to take any risk.