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% 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
.0% 3.0% 3.5% 3.5% Emerging Market 4.0% 1.5% 6.0% 3.0% 8.0% 4.0% 9.5% 5.0% Core erne mins equity 1.5% 2.0% 2.5% 3.0% &roams Asia Echo 0.0% 1.0% 1.5% 2.0% Fixed Income 8 Cash 58.5% 59.5% 40.5% 41.5% 24.0% 24.5% 7.0% 8.5% MuNcipal Bonds 50.5% 50.5% 32.0% 32.0% 16.0%
% 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
.0% 3.0% 3.5% 3.5% Emerging Market 4.0% 1.5% 6.0% 3.0% 8.0% 4.0% 9.5% 5.0% Core erne mins equity 1.5% 2.0% 2.5% 3.0% &roams Asia Echo 0.0% 1.0% 1.5% 2.0% Fixed Income 8 Cash 58.5% 59.5% 40.5% 41.5% 24.0% 24.5% 7.0% 8.5% MuNcipal Bonds 50.5% 50.5% 32.0% 32.0% 16.0%
% 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
.0% 3.0% 3.5% 3.5% Emerging Market 4.0% 1.5% 6.0% 3.0% 8.0% 4.0% 9.5% 5.0% Core erne mins equity 1.5% 2.0% 2.5% 3.0% &roams Asia Echo 0.0% 1.0% 1.5% 2.0% Fixed Income 8 Cash 58.5% 59.5% 40.5% 41.5% 24.0% 24.5% 7.0% 8.5% MuNcipal Bonds 50.5% 50.5% 32.0% 32.0% 16.0%
% 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
.0% 3.0% 3.5% 3.5% Emerging Market 4.0% 1.5% 6.0% 3.0% 8.0% 4.0% 9.5% 5.0% Core erne mins equity 1.5% 2.0% 2.5% 3.0% &roams Asia Echo 0.0% 1.0% 1.5% 2.0% Fixed Income 8 Cash 58.5% 59.5% 40.5% 41.5% 24.0% 24.5% 7.0% 8.5% MuNcipal Bonds 50.5% 50.5% 32.0% 32.0% 16.0%
Entities connected to both Directional HF and Asia Echo
Treasury Inflation Protected Securities
ORGANIZATION
Deutsche Bank
ORGANIZATIONMaximum Growth
ORGANIZATIONthe Regional Investment Committee
ORGANIZATIONBank'
ORGANIZATIONWeakh Management
ORGANIZATIONel S.
LOCATIONWealth Pytenagement
ORGANIZATION
Russell Crowe
PERSON