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account $13,237.97 A Eye on the markets Index Percentage change November 2015 Year to date S&P 500 0.30% 3.01% Russell 3000 0.55% 2.58% MSC - Europe, Australia & Far East -1.54% 0.95% Barclays Capital U.S. Aggregate Bond Index -0.26% 0.88% Your li nodal Advisor. SCOTT STACK MANELYLE CASRIEL
raderred to the Elm may renew ger/loss infarrutia only for t* period of tine they are held a tie Sim More historical ribrmaton <abbe added by yogi Friaxial Advisor. • Unrealized gam/Ions %teen delta s mailabk, sainted smeared guinelown we cacti-mod Is( hartial securer lots. The transition data for ha
asset allocation A Eye on the markets Index Percentage change December 2015 Year to date S&P 500 -1.58% 1.38% Russell 3000 -2.05% 0.48% MSC - Europe, Australia & Far East -1.33% -0.39% Barclays Capital U.S. Aggregate Bond Index -0.32% 0.55% Your R Bendel Advisor- SCOTT STACK MANLYLE CASRIEL
eardeered to the Fim may reflect gel-floss llama:sal only for the period ci tine they am held a the Pile, More historical Hamann <abbe xthd by you Friaxial Advisor. • Unthellnd gas/lose Yellen data ommated ten:Mired guinelown ore cactAand Ice seculy lots. The transadon data for ethilial bit mayor may
nt asset allocation t Eye on the markets Index Percentage change November 2015 Year to date S&P 500 0.30% 3.01% Russell 3000 0.55% 2.58% MSC - Europe, Australia & Far East -1.54% 0.95% Barclays Capital U.S. Aggregate Bond Index -0.26% 0.88% Your Pi Rancid Advisor. SCOTT STACK MANLYLE CASRIEL
ounts tundared to tie Fim may WW1 gait loss llama:on only for the periodd tine they we held ache Fim More historical reformation can be aind by yea Friaxial Advisor. • Unrealised gansdoweas %teen data n awilabk, *sinew/ areasiced guinelown at cricsiaird Ice irentileal sec" lots. The trans/clan data for
rent asset allocation Eye on the markets Index Percentage change September 2016 Year to date S&P 500 0.02% 7.84% Russell 3000 0.16% 8.18% MSC - Europe, Australia & Far East 1.27% 2.20% Barclays Capital U.S. Aggregate Bond Index -0.06% 5.80% Your Finandal Advisor 7 STACK MANLYLE CATIEL Intere
irrigated to be Fim may reflect gait loss ilarnaten only forte period ce tine they we held at tie Firm More hieorical rikrmatcn cube aided by your Friaxial Advisor. • Unrealised sans/loam Nilsen data n awilable eminated uroalined tuinelown ore c actstalid Ice Whitt& stub/ lots. The tranuann data for
Entities connected to both MSC - Europe and Friaxial

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Vicky Ward
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Condoleezza Rice
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Stanford University
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