*45% MSCI World Index, 35% Barlcays Aggregate, 10% CPI, 5% S&P 500 US REIT, 5% BoAML 91

Fiscal YTD Annualized

YTD 2014 1 Yr 3 Yrs 5 Yrs 10 yrs

Equity 1.77 7.21 21.86 18.08 15.25 8.79

MSCI World Index 0.57 6.79 21.10 15.48 12.35 7.62

Fixed 0.28 3.78 5.47 3.44 4.92 3.97

Barclays Aggregate 0.85 4.81 5.66 2.97 4.48 4.72

Barclays Int. Gov/Credit 0.48 2.74 3.55 2.15 3.70 4.12

Real Estate 2.83 18.76 21.52 12.42 na na

S&P 500 US REIT 2.86 20.30 22.65 13.26 17.53 7.57

Alternatives 0.92 3.82 8.80 na na na

CPI -0.21 2.06 1.70 1.64 1.96 2.30

HFRX Absolute Return 0.16 1.99 3.96 1.88 0.51 0.09

ML 91 Day 0.00 0.03 0.05 0.07 0.10 1.61

Total Account Net 1.16 5.41 13.78 11.01 10.13 6.50

Total Account Gross 1.23 5.72 14.30 11.52 10.65 6.98

Blended Benchmark* 0.71 6.16 12.86 9.18 8.70 6.46

Overall Performance As of August 31, 2014

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