.tomanek EX "Tomanek, Stuart" Unspecified S.T. Eleven Madison Avenue Randy Griffith 0/0/00 0/0/00 Griffith "Randy Griffith, CAIA Manager, Absolute Return UAW Retiree Medical Benefits Trust Normal False Normal Unspecified Normal False Normal SMTP Randy R.G. Northwestern University "1 Evan

0.50 I i ii I.50 Sensitivity to Inflation Expectations Note: bubble size represents relative assets allocation weights for alternative #2 (with Absolute Return) and should be used for illustrative 6/28/igpia only. PM Source: Rocaton 19 EFTA_R1_02033264 EFTA02691373 Risk Budgeting a Necessary Compleme