% 16.0% 9.5% U.S. High Yield Bonds Menill LsicNB0A ligh Yield Master II lobe 20% 2.0% 20% 2.5% Internatnal Bonds Cidgroup tihedged Nce•U.S. Wald Gat Scud Index Treasury Haim Protected Securiies Bard:* U.S. TIPS Index 20% 200% 2.00% Emerging Make* Dett JPMagan GBI Emerring Markets Index • Unhedge