The Right Portfolio for You

Your results suggest you have a moderate tolerance for risk. Individuals with a moderate tolerance for risk understand the value of investing in the stock market but are unwilling to weather the extremes of an all-stock portfolio. The Moderate Conservative Portfolio, Moderate, and Moderate Agressive Portfolio could be excellent choices for you. Carefully review all the information for the portfolios listed. Once you have selected the portfolio that is right for you read Implementing Your Selection

	Diversification Chart
	Sample Asset Mixes
	Risk and Return over Time 1926 - 2008

Future returns may be lower than those depicted in the illustrations above. Bar charts show the range of compounded annual returns for one-, five-, and ten-year periods from 1926 to 2008 (for example, 10-year periods run from 1926-1935, 1927-1936 ...). Figures for average returns and largest loss based on the 1926-2002 performance of the Standard & Poor’s 500 Index and 30-day T-bills, which were used as proxies for equity and fixed income asset classes respectively. The above returns are not inflation-adjusted. Indices are not available for direct investment; therefore their performance does reflect the expenses associated with the active management of an actual open-ended investment company portfolio.

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 Services, LLC by calling 800-669-7400 or by writing to 777 North Capitol Street, NE, Washington, DC 20002-4240. Para asistencia en Español llame al 800-669-8216. Performance data current to the most recent quarter end is available by visiting www.icmarc.org.