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S&P 500 Weightings

The ten primary economic sectors produced positive returns, with two exceptions.

Performance disparity between the sectors was not as wide as in recent quarters. Health Care, Industrials and Financials

were the strongest performers, generating gains of +7.1%, +4.7%, and +4.2%, respectively. The Telecommunication

Services, Energy, and Consumer Staples sectors were the poorest relative performers, posting returns of -7.0%, -6.4%, and

+1.6%, respectively.

Equity Performance

See disclosure page for additional information.

Tech

22%

Financials

15%

Hlth Care

15%

C. Disc.

12%

C. Stpls

9%

Indst.

10%

Energy

6%

Utilities

3%

Mat.

3%

Telecom

2%

Real Estate

3%