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Long-Run Expected Real Return Summary

Submitted by Your Personal CFO - Bourbon Financial Management on February 3rd, 2017

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European Stocks: Small Cap vs Large Cap Since 1999

Submitted by Your Personal CFO - Bourbon Financial Management on February 3rd, 2017

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US Equity Ranking by Expense, 5-year and 10-year return, through 2015

Submitted by Your Personal CFO - Bourbon Financial Management on February 3rd, 2017

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S&P 500 Peer Ranking Since 1991

Submitted by Your Personal CFO - Bourbon Financial Management on February 3rd, 2017

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US and Non-US Stocks Take Turns Outperforming Since 1972

Submitted by Your Personal CFO - Bourbon Financial Management on February 3rd, 2017

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Returns During S&P 500 TR Index Worst Quarters Since 2000

Submitted by Your Personal CFO - Bourbon Financial Management on January 27th, 2017

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Returns of S&P 500 During Periods of Rising Interest Rates (1958-2007)

Submitted by Your Personal CFO - Bourbon Financial Management on January 27th, 2017

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Relative Growth of Merril Emerging Markets and Treasuries Indices (1991-2015)

Submitted by Your Personal CFO - Bourbon Financial Management on January 27th, 2017

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Relative Growth of Merril High Yield Cash and Treasuries Indices

Submitted by Your Personal CFO - Bourbon Financial Management on January 27th, 2017

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Managed Futures and Trend-Following Managed Futures Returns from 2000-2016

Submitted by Your Personal CFO - Bourbon Financial Management on January 27th, 2017

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