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% $1,750,000 Alternatives 8.0% $4,000,000 Hedge Funds 7.0% $3,500,000 Non-directional HF Prisma Spectrum Fund N/A 3.0% $1,500,000 Directional HF Lighthouse Global Long/Short N/A 4.0% 52,000,000 Commodities Deutsche Enhanced Commodity Strategy SKIRX 1.0% 5600,000 Total 100.0% $50,000
Pacific ex-Japan equly. emerging markets equity U.S fixed income. U S. hlghylekl bonds. international bonds. emerging market bonds, municipal bonds. Treasury Inflation Protected Securities. hedge funds. Real Estate Investment Trusts. commodities, and cash. The RIC crirently recognizes four basic investment atrate-4ies. Income. Growth &
% Hedge Funds 7.0% 7.0% 8.5% 8.5% 7.0% 7.0% 6.0% 6.0% Non-directional HF 5.0% 5.0% 4.5% 4.5% 3.0% 3.0% -- — Directional HF 20% 2.0% 40% 40% 40% 4.0% 6.0% 6.0% Commodities 2.0% 1.0% 20% 1.0% 2.0% 1.0% 1.0% 100.0% 2.5% 100.0% 100.0% 100.0% 10
ic ex-Japan equity, emerging markets equity, .LI S fixed income, U.S. high-yield bonds, international bonds, emerging market bonds. municipal bonds. Treasury Inflation Protected Securities. hedge funds. Real Estate Investmere Trusts. commodities, and cash. The RIC currently recognizes four basic investment strseges. Income. Growth 8 In
% Hedge Funds 7.0% 7.0% 8.5% 8.5% 7.0% 7.0% 6.0% 6.0% Non-directional HF 5.0% 5.0% 4.5% 4.5% 3.0% 3.0% -- — Directional HF 20% 2.0% 40% 40% 40% 4.0% 6.0% 6.0% Commodities 2.0% 1.0% 20% 1.0% 2.0% 1.0% 1.0% 100.0% 2.5% 100.0% 100.0% 100.0% 10
ic ex-Japan equity, emerging markets equity, .LI S fixed income, U.S. high-yield bonds, international bonds, emerging market bonds. municipal bonds. Treasury Inflation Protected Securities. hedge funds. Real Estate Investmere Trusts. commodities, and cash. The RIC currently recognizes four basic investment strseges. Income. Growth 8 In
% Hedge Funds 7.0% 7.0% 8.5% 8.5% 7.0% 7.0% 6.0% 6.0% Non-directional HF 5.0% 5.0% 4.5% 4.5% 3.0% 3.0% -- — Directional HF 20% 2.0% 40% 40% 40% 4.0% 6.0% 6.0% Commodities 2.0% 1.0% 20% 1.0% 2.0% 1.0% 1.0% 100.0% 2.5% 100.0% 100.0% 100.0% 10
ic ex-Japan equity, emerging markets equity, .LI S fixed income, U.S. high-yield bonds, international bonds, emerging market bonds. municipal bonds. Treasury Inflation Protected Securities. hedge funds. Real Estate Investmere Trusts. commodities, and cash. The RIC currently recognizes four basic investment strseges. Income. Growth 8 In
ome & Cash Municipal Bonds High Yield Bonds Int'l Bonds- Hedged Emerging Market Bonds TIPS Cash Alternatives Hedge Funds Non-directional HF Directional HF Commodities 58.5% 50.5% 2.0% --2.0% 2.0% 2.0% 9.0% 7.0% 5.0% 2.0% 2.0% 100.0% Strategic 32.5% 15.0% 2.0% 11.5% 7.5% 2.5% 1.5% 4
c ex-Japan equity, emerging markets equity, U.S. fixed income, U.S. high-yield bonds, international bonds, emerging market bonds, municipal bonds, Treasury Inflation Protected Securities, hedge funds, Real Estate Investment Trusts, commodities, and cash. The RIC currently recognizes four basic investment strategies: Income, Growth
ome & Cash Municipal Bonds High Yield Bonds Int'l Bonds- Hedged Emerging Market Bonds TIPS Cash Alternatives Hedge Funds Non-directional HF Directional HF Commodities 58.5% 50.5% 2.0% --2.0% 2.0% 2.0% 9.0% 7.0% 5.0% 2.0% 2.0% 100.0% Strategic 32.5% 15.0% 2.0% 11.5% 7.5% 2.5% 1.5% 4
c ex-Japan equity, emerging markets equity, U.S. fixed income, U.S. high-yield bonds, international bonds, emerging market bonds, municipal bonds, Treasury Inflation Protected Securities, hedge funds, Real Estate Investment Trusts, commodities, and cash. The RIC currently recognizes four basic investment strategies: Income, Growth
9 0 O U. n'ts 0% b 5% Hedge Funds 7.0% 7.0% 8.5% 8.5% 7.0% 7.0% 6.0% 6.0% Non-directional HF 5.0% 5.0% 4.5% 4.5% 3.0% 3.0% Directional HF 2.0% 2.0% 4.0% 4.0% 4.0% 4.0% 6.0% 6.0% Commodities 2.0% 1.0% 2.0% 1.0% 2.0% 1.0% 2.5% 1.0% 100.0% 100.0% 100.0
cific ex-Japan equity, emerging markets equity. S fixed income. U S. high-yield bonds. International bonds. emerging market bonds.. mune:vat bonds. Treasury Inflation Protected Securities. he e funds. Real Estate investmer4 Trusts. commodities. and cash. The RIC currently recognizes four basic investment strategies. Incomes. Growth &
9 0 O U. n'ts 0% b 5% Hedge Funds 7.0% 7.0% 8.5% 8.5% 7.0% 7.0% 6.0% 6.0% Non-directional HF 5.0% 5.0% 4.5% 4.5% 3.0% 3.0% Directional HF 2.0% 2.0% 4.0% 4.0% 4.0% 4.0% 6.0% 6.0% Commodities 2.0% 1.0% 2.0% 1.0% 2.0% 1.0% 2.5% 1.0% 100.0% 100.0% 100.0
cific ex-Japan equity, emerging markets equity. S fixed income. U S. high-yield bonds. International bonds. emerging market bonds.. mune:vat bonds. Treasury Inflation Protected Securities. he e funds. Real Estate investmer4 Trusts. commodities. and cash. The RIC currently recognizes four basic investment strategies. Incomes. Growth &
30% 30% 25% 25% 25% 30% Hedge Funds 70% 7 0% 7 5% 8 5% 6 0% 7 0% 50% 50% Non-directional HF 3.5% 5 0% 30% 4 5% 20% 3 0% 1.5% Directional HF 3.5% 2 0% 4 5% 4 0% 40% 40% 3.5% 50% Commodities 1.5% 1 0% 15% 1.0% 15% 1.0% 1.5% 1.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100
fic ex-Japan equity, emerging markets equity. U.S. fixed income. U.S. high-yield bonds. international bonds. emerging market bonds. municipal bonds. Treasury Inflation Protected Securities, hedge funds, Real Estate Investment Trusts. commodities, and cash. The RIC currently recognizes four basic investment strategies: Income, Growth &
% Hedge Funds 7.0% 7.0% 8.5% 8.5% 7.0% 7.0% 6.0% 6.0% Non-directional HF 5.0% 5.0% 4.5% 4.5% 3.0% 3.0% -- — Directional HF 20% 2.0% 40% 40% 40% 4.0% 6.0% 6.0% Commodities 2.0% 1.0% 20% 1.0% 2.0% 1.0% 1.0% 100.0% 2.5% 100.0% 100.0% 100.0% 10
ic ex-Japan equity, emerging markets equity, .LI S fixed income, U.S. high-yield bonds, international bonds, emerging market bonds. municipal bonds. Treasury Inflation Protected Securities. hedge funds. Real Estate Investmere Trusts. commodities, and cash. The RIC currently recognizes four basic investment strseges. Income. Growth 8 In
Entities connected to both Directional HF and Treasury Inflation Protected Securities

Deutsche Bank
ORGANIZATIONMaximum Growth
ORGANIZATIONDeutsche Asset & Wealth Management
ORGANIZATIONthe Regional Investment Committee
ORGANIZATIONthe Quality Growth Composite
ORGANIZATIONBank'
ORGANIZATIONWeakh Management
ORGANIZATION
Russell Crowe
PERSONWealth Pytenagement
ORGANIZATIONAsia Echo
LOCATIONel S.
LOCATIONMSCI Japan Index
ORGANIZATIONMSCI Europe Index
ORGANIZATIONManagernerl
PERSONAberdeen Emerging Markets Fund
ORGANIZATIONInvesco Asia Pacific Growth Fund
ORGANIZATIONMFS Emerging Market Debt Fund
ORGANIZATIONPacific ex-Japan
ORGANIZATIONthe Regional Investment Commetee
ORGANIZATIONpacific ex-Japan
ORGANIZATION