S&P 500 Sector Performance (as of 9/30/07)

Chart of the Week for October 12 - October 18, 2007

As highlighted by the August 10th, 2007 Chart of the Week, individual sectors of the stock market can post good and bad years for investors. A sector can outperform over an extended period and then underperform in subsequent periods, trailing all other sectors. The graph above compares the performance of the S&P 500 Index to its ten underlying industry sectors.

For the twelve months ended September 30, 2007, the overall S&P 500 Index, which follows the stocks of 500 of the largest U.S. companies, returned 16.44%. The Energy and Materials sectors posted the highest returns over the one-year period, earning 43.09% and 36.44%, respectively. The lowest returns for the one-year period came from the Financials and Consumer Discretionary sectors, which earned 1.68% and 6.33%, respectively.

While sectors with the best performance may appear attractive today, sectors move in and out of favor with the market. The top performing sector for the last twelve months (October 1, 2006 - September 30, 2007) was Energy, but was only ranked ninth out of ten sectors in the prior twelve month period (October 1, 2005 through September 30, 2006). On the other side, the lowest returning sector in the last twelve months was Financials and it ranked second out of ten sectors in the prior twelve month period.

*This illustration was compiled by information from outside sources. These companies are not affiliated with ICMA-RC. This information is being provided for educational purposes and is not intended to be construed as or relied upon as investment advice. ICMA-RC does not offer specific tax or legal advice. Individuals are advised to consider any new investment strategies carefully prior to implementing. Please consult both the current applicable prospectus and MAKING SOUND INVESTMENT DECISIONS: A Retirement Investment Guide carefully for a complete summary of all fees, expenses, charges, financial highlights, investment objectives, risks and performance information. Investing in mutual funds and other investment vehicles involves risk, including possible loss of the amount invested. Investors should consider the Fund's investment objectives, risks, charges and expenses before investing or sending money. The prospectus contains this and other information about the investment company. Please read the prospectus carefully before investing. All Vantagepoint Funds invested through 401 or 457 plans are held through VantageTrust. Vantagepoint Funds are distributed by ICMA-RC Services LLC, a wholly owned broker-dealer subsidiary of ICMA-RC and member FINRA/SIPC. For a current prospectus, contact ICMA-RC Services, LLC. The performance data quoted represents past performance. Past performance is no guarantee of future results. Investment returns and principal value will fluctuate, so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data illustrated. For performance data current to the most recent month end, contact ICMA-RC Investor Services at 800-669-7400.

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