Investment Performance

1The Moderate Growth Benchmark is a staged index composite benchmark that has the current composition of the Barclays US Aggregate Bond Index (15%); Barclays US Treasury 5-10 Yr TR USD (10%); DJ US Slect REIT index (2.5%); MSCI EAFE Small Cap Index (10%); MSCI Emerging Markets Value Index (10%); Russell 1000 Value Index (5%); Russell 2000 Value Index (10%); Russel Micro Cap Index (5%); S&P 500 Index (30%); and the NCREIF Fund Index ODCE (2.5%). 2The Socially Responsible Investment (SRI) Performance Benchmark is 70% equity benchmark and 30% fixed income benchmark. The equity benchmark is Standard & Poor’s Index (75%); MSCI EAFE Index (15%); and MSCI Emerging Markets Index (10%). The fixed income benchmark is the Bloomberg Barclays Intermediate Government/Credit Index.