Schulenberg & Associates, Inc.: Schulenberg Stock Strategist(TM), v. 1.20 Copyright(c) 2002-2011, All Rights Reserved M U T U A L F U N D S R E P O R T Schulenberg Stock Strategist (SSS) --------------------------------------------- This is one of seven major Reports (or Report families) that form our daily Strategist Newsletter. The complete set of Reports consists of: Report 1: forecast.htm The daily Forecast (also emailed) Report 2: ALLVOTES.TXT Summary of all 140 Voted Signals Report 3: STKPAIRS.TXT The Relative Performance of 9730 2-equity Portfolios TRKPAIRS.TXT Actual Performance of 20 2-ETF Portfolios Report 4: TRKQQ-DW.TXT The Hedging Report for QQQQ vs. DIA trades TRKQQDW1.TXT The Hedging Report for QQQQ & DIA 1x ETF trades TRKQQDW2.TXT The Hedging Report for QQQQ & DIA 2x ETF trades SSSQQ-DW.TXT The Hedging Report for {QQQQ/DIA} Partial Hedging SSSQQ-SP.TXT The Hedging Report for {QQQQ/SPY} Partial Hedging TRKYW-DW.TXT The Hedging Report for IYW vs. DIA trades TRKQQ-AU.TXT The Hedging Report for QQQQ vs. GLD ETF trades TRKQQ-FN.TXT The Hedging Report for QQQQ vs. XLF ETF trades TRKQQ-SP.TXT The Hedging Report for QQQQ vs. SPY ETF trades TRKQQ-LE.TXT The Hedging Report for QQQQ vs. XLE ETF trades TRKQQ-LP.TXT The Hedging Report for QQQQ vs. XLP ETF trades TRKQQ-LU.TXT The Hedging Report for QQQQ vs. XLU ETF trades TRKQQ-RU.TXT The Hedging Report for QQQQ vs. IWM ETF trades TRKSP-DW.TXT The Hedging Report for SPY vs. DIA ETF trades TRKSM-DW.TXT The Hedging Report for SMH vs. DIA ETF trades TRKSM-BB.TXT The Hedging Report for SMH vs. IBB ETF trades TRKSM-YJ.TXT The Hedging Report for SMH vs. IYJ ETF trades TRKSM-SW.TXT The Hedging Report for SMH vs. SWH ETF trades Report 5: TRKVOTEA.TXT The Tracking Report for Class "A" Voted Signals TRKVOTEB.TXT ....................... Class "B" Voted Signals TRKVOTEC.TXT ....................... Class "C" Voted Signals Report 6: TRKQSTKA.TXT Top 20 QQQQ Stock Components (Class "A" Voted Signals) TKQ1STKA.TXT QQQQ Stock Components (21-40)(Class "A" Voted Signals) TKQ2STKA.TXT QQQQ Stock Components (41-60)(Class "A" Voted Signals) TKQ3STKA.TXT QQQQ Stock Components (61-80)(Class "A" Voted Signals) TRKDSTKA.TXT Top 20 DIA Stock Components (Class "A" Voted Signals) TKM1STKA.TXT 20 Miscellaneous DIA and QQQQ component stocks Report 7: MUTFUNDS.txt The Mutual Fund Performance Report This report provides performance information on mutual funds belonging to 22 different fund families. The emphasis is on 'stock' funds since that is where the best performance will be found WHEN our mutual fund timing indicator is in the 'buy' or 'hold' state. Please let us know which funds and fund families that you would like to see added to our Report. AIM Funds AllianceBernstein Funds American Funds American Century Funds BlackRock Funds Delaware Funds Dreyfus Funds Fidelity Funds General Electric Funds Ing Funds Janus Funds Morgan Stanley Funds Oppenheimer Funds Profunds Putnam Funds T. Rowe Price Funds TIAA-CREF Funds Rydex Funds SunAmerica Funds USAA Funds Vanguard Funds Van Kampen Funds *** New (2/8/07). The overall accuracy of the "Decompositions" used to estimate the current holdings of a mutual fund have been increased by a simple expedient: If the R**2 (correlation coefficient) for the decomposition into a weighted linear sum of 5 ETFs is too low, then the calculation is redone using all of the Grail System signals (1,000 stocks and ETFs) in addition to the original set of ETFs. This means that 5 'basis' equities are used that are drawn from a set of over 1,000 equities ... rather than the 175 standard 'basis' ETFs. Now, this doesn't necessarily mean that the decomposition is more 'correct', even though its R**2 (correlation coefficient) is substantially greater, but at least it gives us a reasonable basis for assigning a current SCORE (ranking) for the mutual fund. Since we utilize a combination of SCORE plus 3-day percentage gain/loss when we perform mutual fund portfolio rebalancing, it doesn't matter as much if we are absolutely correct or not ... that is, since we are always choosing a set of funds from amongst the recent top performers, whether or not the SCORE is really correct or not becomes less significant. In any event, the uncertainty in the SCORE value will generally be small enough that the bottom-line Recommendation (Buy/Sell/Hold) is unlikely to shift. *** New (2/6/07). In Section 1 for each fund family we now show the Inception Date (calculated by looking at the data) for each fund IF the fund was started after 8/16/02. The Inception Date (IN:mm/dd/yy) is not shown if it was earlier than 8/16/02. More importantly, the percentage gains for all funds are now normalized by calculating an "annualized" percentage gain. This means that funds that have been recently created are directly comparable with the older funds. *** New (2/6/07). In the 20-day performance section (Section 2) for each fund family, those funds that are currently in the SELL state (S or S?) are prefixed with '***' to emphasize that the fund should probably be swapped out for a better fund (one in the HOLD (H) or BUY (B) state). Remember that if you cannot find funds in the HOLD (H) or BUY (B) state, then you should probably be in cash (money market fund). *** New (2/6/07). A new fund 'family', MISC01, has been added to our report so that specific fund needs of our subscribers can be satisfied. We are planning on developing and distributing a new program, however, that users will be able to run on their own PCs, and that will allow them to generate 'subsets' of the MUTFUNDS report that consist exclusively of the funds that they are personally interested in. *** New (10/29/06). A SCORE value has been added to each Fund shown in Section 2 (Performance over the past 20 Trading Days). These SCORE values are based on the MUTCOMPS.TXT report (not part of the daily report set), and they represent the aggregate buy/hold/sell (intermediate-term) signals of the 5 different ETFs into which a Fund has been 'decomposed'. By finding a weighted sum of 5 ETFs which approximates the recent price history of the mutual fund, and then generating an aggregate Score for the combination, we effectively arrive at a buy/hold/sell signal for the mutual fund as a whole. The SCORE varies from 0 to 10, with a 0 representing a hard 'sell', a 5 representing an average 'hold' value, and a 10 representing a strong 'buy'. *** New (11/1/06). SCOREs are now suppressed for all 'shorting' funds: Bear, Short, Ursa, and INVERSE. Clearly, it is mathematical nonsense to try to find a set of 5 Long ETFs that will mirror the recent price history of shorted equities. Also, SCOREs are suppressed for any mutual fund that had a very poor 'fit' (low R**2 correlation coefficient) in the ETF Decomposition process. If the fit is poor, then it is unlikely that the set of 5 ETFs comes close to the actual composition of the mutual fund, and in this case trying to generate a 'score' is unjustified. *** New (11/2/06). American Funds have been added. *** New (11/3/06). ING Funds have been added. *** New (11/3/06). Section 3 has been eliminated. Mutual fund recommendations are now contained strictly within Section 2, which shows the performance of each mutual fund (%gain) over the past 20 trading days. The REC field has been added next to the SCORE field, and it will contain an 'S', 'H', or 'B' code depending on whether the mutual fund is considered a 'sell', a 'hold', or a 'buy'. If the ETF decomposition has a lower accuracy (a low R**2 value), then a question mark (?) will be suffixed to the Recommendation, producing, for example, S?, H?, and B? value. *** New (11/3/06). The current value of the Mutual Fund Timing Indicator (MFTI) is now shown at the beginning of the Report. This indicator has the states: 'buy', 'hold', and 'SELL', and for each state the report gives a recommendation about actions that should be taken for mutual fund portfolios. Also, the MFTI value is used for the BEAR funds (SHORT/BEAR/URSA/INVERSE) to FORCE a reasonable Recommendation (REC) value -- since an ETF decompositon and Score is not possible for such funds. *** New (11/6/06). SunAmerica Funds have been added. *** New (11/7/06). Many new funds have been added for GE Funds, Delaware, Vanguard, Fidelity, Oppenheimer, BlackRock, Rydex and Profunds. *** New (11/7/06). The REC field is now shown for all "long" funds, but a trailing question mark (?) is applied if the correlation coefficient (R**2) is less than 0.9800. *** New (11/8/06). Many new funds have been added for Putnam. *** New (11/9/06). Many new funds have been added for American Century, Morgan Stanley, Janus, Dreyfus, T. Rowe Price, USAA, and Van Kampen. *** New (11/9/06). Special error-checking logic has been added to detect mutual fund data errors and dividends. Dividends are now fully accounted for in the historical data used to perform ETF 'decompositions'. *** New (11/10/06). Many new funds have been added for AllianceBernstein and AIM Funds. *** New (11/10/06). The Recommendation (REC) field for Short/Bear/Ursa/ Inverse funds is now forced to a 'B' (Buy) when the QQQQ Grail System signal is a 'SELL',and to an 'S' (Sell) when the QQQQ Grail System signal is a 'buy'. This is currently our 'best guess' as to the appropriate time to purchase shorting funds. Note that this is PROBABLY not the best signal to employ for non-tech Bear funds, e.g., funds that short GOLD, OIL, REAL ESTATE, or Japan. This is currently an area that we are trying to improve. *** New (11/13/06). Shorting funds are now tracked according to the status of the QQQQ Grail System timing signal. In other words, the performance (%gain) shown in Section 1 for each Fund Family assumes that the shorting (BEAR) fund was bought when the QQQQ signal was a 'sell', and sold when the QQQQ signal went back to a 'buy'. Remember, however, that many shorting funds have rather recent inception dates, and so their Section 1 performance will not be indi- cative of their long-term performance. All Shorting (BEAR) funds are now clearly marked with the tag '**BEAR**'. Mutual Fund Timing Indicator (MFTI) =================================== The %profits shown (Section 1) assume that the fund has been "timed" according to our Mutual Fund Timing Indicator. When the indicator shows a "buy", then the fund is purchased; when the indicator shows a "sell", then the fund is sold. Since these "sell" intervals are very infrequent, the best procedure is for the investor to switch from the stock mutual fund to a Money Market fund within the same fund family. Note that these percentage gains have been "annualized" by taking into account the number of market days for which the mutual fund has existed. The start date for performance calculations is either the inception date (shown as (IN:mm/dd/yy)) or 8/16/02, whichever is the earlier date. The percentage gain is then annualized so that all funds are compared on a level playing field and are thus directly comparable. For 'shorting' mutual funds (SHORT/BEAR/URSA/INVERSE) the QQQQ Grail System timing signal is used to set the Recommendation (REC) field as follows: QQQQ REC (for BEAR Funds) ---- -------------------- SELL B (Buy) buy S (Sell) In other words, shorting mutual funds work oppositely to normal Long funds. Also, there is no SCORE value for shorting funds since it makes no sense to perform a 'decomposition' (that is, approximating a fund by a weighted sum of 5 Long ETFs). Instead, the SCORE field will contain the word 'BEAR' to indicate that it is a shorting funds. In Section 1 (for each Fund Family), the long-term performance of a **BEAR** fund is computed by assuming that buys and sells work 'oppositely' to the QQQQ signal. In other words, BEAR funds are bought when QQQQ goes to a 'sell', and sold when QQQQ goes to a 'buy'. Mutual Fund 'SCORES' ==================== The SCORE value, which is shown in Section 2 for each fund family, is calculated by examining the recent (45-day) price history of a given fund in an attempt to find a weighted sum of 5 different ETFs that would have provided exactly the same price profile. In other words, by 'decomposing' a mutual fund into 5 different ETFs (basis vectors) we are attempting to 'guesstimate' the current holdings of the mutual fund. Then, once we have a set of ETFs and their percentages, we can look at our intermediate-term (buy/sell/hold) signals for those ETFs, and (when available) our short-term (buy/sell) Grail System signals, and calculate a Score (signal) for the fund. We use a value of 0 for an ETF in the 'sell' state, a value of 1 for an ETF in the 'hold' state, and a value of 2 for an ETF in the 'buy' state. This means that mutual fund 'scores' can vary between 0 and 10, with 0 being a solid 'sell' and 10 being a strong 'buy'. We generally DO NOT include bond funds in this Report for two reasons: (1) they do not fit into this 'decomposition' (scoring) scheme since they are 100% bonds (no stocks), and (2) when our mutual fund timing indicator is in the 'buy' or 'hold' state, then stock mutual funds should far outperform bond funds. Shorting funds (Short/Bear/Ursa/Inverse) are listed, but their Scores are replaced by the 'BEAR' symbol to reflect the fact that they likewise do not 'decompose' into a set of "long" ETFs (this would be mathematical nonsense). The '????' symbol will be found in the SCORE column if the mutual fund had an inaccurate 'decomposition', and there really is no way to know the current holdings of the fund. Note that for 'shorting' (sHORT/BEAR/URSA/INVERSE) funds there is no valid SCORE value, and thus it is shown as 'BEAR'. The Recommendation (REC), however, is shown (B/S) -- and this is based strictly on the Grail System QQQQQ timing signal. If QQQQ is a 'buy', then obviously the recommendation for shorting funds should be a 'SELL'; if QQQQ is a 'SELL', then shorting funds should be bought ('BUY'). Note, however, that this strategy is NOT the ideal one for BEAR funds that short non-tech entities like OIL, GOLD, REAL ESTATE, and specific market areas like Japan. The development of correct signals for such funds will require a slightly different solution, and we are currently working on it. Report Sections =============== Within each fund family the mutual funds are listed twice. The first listing (Section 1) shows the annualized percentage gain that would have been made on that fund if it had been managed (according to our timing algorithm) since 8/16/02 -- or the inception date shown (IN:mm/dd/yy). The second listing (Section 2) shows how each of the funds have performed over the past 20 trading days. Based on extensive analysis, it turns out that the 3 trading day period gives optimal results. Section 2 is the basis for our "recommended" mutual fund rebalancing approach. Recommended Rebalancing Approach ================================ Whenever it is time to "buy" mutual funds then a (diversified) set of stock mutual funds should be selected from the top of the 3-day list. Even during an extended "buy" period it is advisable to rebalance the mutual fund portfolio by examining the recent performance of the currently held funds. We recommend portfolio rebalancing monthly, if possible. The "recommended" rebalancing approach is to consider the 8 funds at the top of the 3-day list (Section 2) -- and then to pick the 4 funds with the highest SCORE values. We have defined Recommendation codes (REC) based on the SCORE value: 0.0 <= SCORE < 5.0 S (SELL) 5.0 <= SCORE < 7.0 H (HOLD) 7.0 <= SCORE <= 10.0 B (BUY) If the REC field (and SCORE field) has a question mark suffix (e.g., H?), then this is due to the fact that the 'decomposition' had a lower-than-average correlation coefficient ... and thus that both the SCORE and the recommendation are somewhat uncertain. A question mark (?) suffix will often be generated if the fund is dramatically increasing or decreasing its cash component -- for example, trying to protect assets when the market is turning downward. Such an action decreases the accuracy of our decomposition because the amount of money invested in stocks will change substantially during our analysis period -- throwing off our calculations. By our ETF decomposition methodology, a SCORE value of 5.0 would mean that the average rating is an 'H' (Hold). Anything less than this suggests that the fund should be sold. At a SCORE value of 7 or greater, a 'B' (Buy) is likely to be profitable. By limiting ourselves to examining the top 8 contenders (highest-performing funds over the past 20 trading days), we are reducing the risk of utilizing SCOREs that may be somewhat in error. This is hopefully a win-win situation: we will obtain a mixture of funds that will perform well because they have performed well over the past 20 days -- or -- we will obtain a mixture of funds that will perform well because they have higher SCOREs. *** Note that the names of mutual funds in the 'SELL' (S) state are indented in Section 2, and prefixed by three asterisks (***), so that users do not inadvertently pick one of these funds for investment. Mutual Fund Symbols =================== A given mutual fund is packaged into a number of different pricing categories depending on how the 'load' is charged: A, B, C, I, etc. This practice means that there may be two or more different ticker symbols for the same mutual fund, and in our reports we pick just one representative symbol ... sometimes an 'A', sometimes a 'B', sometimes an 'I', ... Since all of these symbols represent the same fund, we are not too selective as to which one we utilize in our reports. You should locate mutual funds by their Fund Family, and their description, and then select the symbol based on how the fees are to be paid. Signal Accuracy =============== The overall accuracy of our individual mutual fund signals is limited by two important factors: (1) the decomposition of a fund into 'equivalent' ETFs is an artificial, and imperfect, process, and (2) the intermediate-term buy/ sell/hold signals (and short-term buy/sell signals) that we use for our ETFs are themselves limited by the normal difficulty in predicting the future trend of equities. Why is the 'ETF decomposition' imperfect? There are a number of reasons: (1) A mutual fund may have hundreds of holdings, and only the mutual fund managers know what the current composition of a fund is -- and they're not telling. It is a considerable simplification to assume that we can model the exact behavior of a fund by considering a weighted sum of only 5 ETFs. Not only is this a very limited number of variables, but it is unlikely that the component stocks within an ETF will match closely with the kinds of stock mixtures to be found in the fund. (2) We utilize a regression period of 45 market days. We have found this to be an optimal number; if it were any shorter then our accuracies would be reduced by having an insufficient sample period; if it were any longer then we would be impacted by the ever-changing composition of a fund (continuous churning within a fund creates a 'moving target' for us). (3) In determining the exact composition of a fund, we may have several ETFs (of quite different natures) that just happen to have almost identical price profiles over the past 45 trading days. As a result, the mathematical process involved in the 'decomposition' may select the 'wrong' ETF ... giving us, for example, an Internet ETF within a Bond Fund. We are improving the decomposition accuracy all of the time, but it will never be perfect. However, imperfect or not it is probably the BEST that can ever be done ... and even if we get decompositions that are obviously wrong (and even amusing), it is likely that our resultant Score will nonetheless be 'reasonable'. NOTES ===== Note 1: Normal stock mutual funds should be held ONLY when our Mutual Fund Timing Indicator is a 'buy' or a 'hold', and also ONLY when their individual recommendation (REC) is a 'buy' or a 'hold'. If any of these conditions are not met, then the fund should be sold. Note 2: If you are rebalancing your mutual fund portfolio monthly (recommended), then diversification is of less importance. Otherwise, when following the rebalancing method described above, an attempt should be made to avoid picking too many funds in the same category (all international, all 'tech', etc.) Note 3: If the R**2 value (for the Least Squares Curve Fit) is less than 0.9800, then the SCORE and REC fields will have an appended question mark (?). In these cases you should consider the SCORE/REC information to be untrustworthy, and give greater weight to the long-term performance (shown in Section 1), and the recent 3-day percentage gains (shown in Section 2). Note 4: The SCORE field will also be suppressed ('BEAR') for shorting funds (Bear/Ursa/Inverse) because it makes no mathematical sense to try to approximate shorted equities by using "long" ETFs. ******************************************************************************** Mutual Fund Timing Indicator: hold *** When the Mutual Fund Timing Indicator is a "hold", retain only mutual funds with a REC value of "B". ******************************************************************************** Report Date: 2/04/12 Data Date: 2/03/12 ******************************************************************************** FUND FAMILY: AIM Funds ******************************************************************************** *** Section 1: "Annualized" Percentage Gains *** (based on start date of 8/16/02 or inception date shown) (and ASSUMING fund is held ONLY when the MFTI-A is a buy/hold) SYMBOL %GAIN Description ------ ------- ----------------------------------- AIM GTDBX 33.93% AIM Developing Markets B AIM ABCFX 29.07% AIM China B (IN:04/13/06) AIM IEGBX 28.66% AIM International Small Company B AIM ASIBX 27.45% AIM Asia Pacific Growth B AIM IGDBX 27.02% AIM Gold & Precious Metals B AIM IENBX 26.71% AIM Energy B AIM IDYBX 25.83% AIM Dynamics B AIM ESMBX 25.10% AIM European Small Company B AIM ITYBX 24.82% AIM Technology B AIM MDCBX 24.09% AIM Mid Cap Basic Value B AIM ATIBX 23.49% AIM Trimark Small Companies B (IN:11/26/03) AIM ATDBX 22.66% AIM Trimark Endeavor B (IN:11/19/03) AIM AEDBX 21.89% AIM European Growth B AIM GTSBX 21.84% AIM Small Cap Growth B AIM SMEBX 21.83% AIM Small Cap Equity B AIM AIEVX 21.14% AIM International Growth I AIM AGABX 20.31% AIM Global Aggressive Growth B AIM ILSBX 19.55% AIM Leisure B AIM LCBBX 19.37% AIM Large Cap Basic Value B AIM AGGBX 19.05% AIM Global Growth B AIM GTVBX 18.80% AIM Basic Value B AIM CSTBX 18.40% AIM Constellation B AIM IBMSX 18.16% AIM Multi-Sector B (IN:09/10/02) AIM ACDBX 18.06% AIM Capital Development B AIM AGWBX 17.80% AIM Select Equity B AIM BCHTX 17.61% AIM Charter B AIM BGREX 17.38% AIM Global Real Estate B (IN:05/11/05) AIM IBVBX 17.27% AIM Intl Core Equity B AIM AARBX 17.18% AIM Real Estate B AIM LCGBX 16.78% AIM Large Cap Growth B AIM INABX 16.76% AIM International Allocation B (IN:11/09/05) AIM BSMMX 16.70% AIM Summit B (IN:11/11/05) AIM GNDBX 16.23% AIM Global Equity B AIM AAEBX 16.22% AIM Growth Allocation B (IN:06/15/04) AIM AWSBX 16.17% AIM Global Value B AIM LCEDX 15.20% AIM Diversified Dividend B AIM IBUTX 14.65% AIM Utilities B AIM SBCUX 14.62% Aim Structured Core B (IN:04/13/06) AIM BBLBX 13.94% AIM Basic Balanced B AIM ATKBX 13.09% AIM Trimark B (IN:11/19/03) AIM IFSBX 12.07% AIM Financial Services B AIM AMBGX 12.01% AIM Moderate Growth Allocation B (IN:05/11/05) AIM GTABX 11.03% AIM Mid Cap Core Equity B AIM MCOVX 11.01% AIM Opportunities II B AIM AMKBX 10.84% AIM Moderate Allocation B (IN:06/15/04) AIM GTHBX 9.98% AIM Global Health Care B AIM ISPIX 8.95% AIM S&P 500 Index Inv AIM SCPBX 8.10% AIM Opportunities I B AIM AJFBX 7.36% AIM Japan B (IN:04/13/06) AIM LCPBX 7.25% AIM Opportunities III B AIM CMBAX 6.51% AIM Moderately Conservative Alloc B (IN:05/11/05) AIM BLIAX 5.94% AIM Income Allocation B (IN:11/09/05) AIM IGHBX 5.52% AIM Advantage Health Sci B AIM ACNBX 3.20% AIM Conservative Allocation B (IN:06/15/04) AIM BASGX 1.40% AIM Structured Growth B (IN:04/13/06) AIM ASBVX -5.73% AIM Structured Value B (IN:04/13/06) *** Section 2: PERFORMANCE OVER PAST 20 TRADING DAYS *** The SCORE Column shows the current rating (0-10) REC values are: "B" (Buy), "H" (Hold), "S" (Sell) A "?" indicates a less accurate Decomposition Funds in the "S" state are prefixed with "***". SYMBOL %GAIN SCORE REC Description ------ ----- ----- --- ----------- AIM ITYBX 11.02% 10.00 B AIM Technology B AIM ABCFX 10.86% 9.88 B AIM China B AIM GTSBX 10.67% 9.65 B AIM Small Cap Growth B AIM ESMBX 10.59% 9.25? B? AIM European Small Company B AIM GTDBX 10.45% 9.36 B AIM Developing Markets B AIM ATDBX 9.44% 9.73 B AIM Trimark Endeavor B AIM BGREX 9.40% 10.00 B AIM Global Real Estate B AIM AGABX 8.72% 6.07? H? AIM Global Aggressive Growth B AIM ATIBX 8.59% 6.80 H AIM Trimark Small Companies B AIM BSMMX 8.52% 8.90 B AIM Summit B AIM SMEBX 8.43% 9.73 B AIM Small Cap Equity B AIM IGDBX 8.39% 6.07? H? AIM Gold & Precious Metals B AIM AARBX 8.22% 10.00 B AIM Real Estate B AIM ACDBX 8.16% 9.43 B AIM Capital Development B AIM IDYBX 7.97% 7.53? B? AIM Dynamics B AIM CSTBX 7.95% 10.00 B AIM Constellation B AIM GTABX 7.87% 8.63? B? AIM Mid Cap Core Equity B AIM ASIBX 7.70% 7.27? B? AIM Asia Pacific Growth B AIM AEDBX 7.63% 8.17? B? AIM European Growth B AIM GTHBX 7.58% 10.00 B AIM Global Health Care B AIM IBVBX 7.43% 10.00 B AIM Intl Core Equity B AIM ILSBX 7.40% 9.38? B? AIM Leisure B AIM AWSBX 6.88% 10.00 B AIM Global Value B AIM INABX 6.17% 10.00 B AIM International Allocation B AIM GNDBX 5.88% 10.00 B AIM Global Equity B AIM AGGBX 5.85% 10.00 B AIM Global Growth B AIM AAEBX 5.85% 7.58 B AIM Growth Allocation B AIM AIEVX 5.83% 9.54 B AIM International Growth I AIM IENBX 5.76% 9.71 B AIM Energy B AIM BCHTX 5.65% 10.00 B AIM Charter B AIM SBCUX 5.56% 10.00 B Aim Structured Core B AIM IEGBX 5.54% 9.87 B AIM International Small Company B AIM AMKBX 4.99% 9.05 B AIM Moderate Allocation B AIM CMBAX 3.83% 7.49 B AIM Moderately Conservative Alloc B AIM LCEDX 3.59% 9.15? B? AIM Diversified Dividend B AIM BLIAX 2.59% 8.35 B AIM Income Allocation B AIM IBMSX 0.00% ???? ?? AIM Multi-Sector B AIM GTVBX 0.00% ???? ?? AIM Basic Value B AIM IFSBX 0.00% ???? ?? AIM Financial Services B AIM LCGBX 0.00% ???? ?? AIM Large Cap Growth B AIM ACNBX 0.00% ???? ?? AIM Conservative Allocation B AIM BBLBX 0.00% ???? ?? AIM Basic Balanced B AIM AJFBX 0.00% ???? ?? AIM Japan B AIM ATKBX 0.00% ???? ?? AIM Trimark B AIM IGHBX 0.00% ???? ?? AIM Advantage Health Sci B AIM LCPBX 0.00% ???? ?? AIM Opportunities III B AIM ISPIX 0.00% ???? ?? AIM S&P 500 Index Inv AIM MDCBX 0.00% ???? ?? AIM Mid Cap Basic Value B AIM LCBBX 0.00% ???? ?? AIM Large Cap Basic Value B AIM BASGX 0.00% ???? ?? AIM Structured Growth B AIM AMBGX 0.00% ???? ?? AIM Moderate Growth Allocation B AIM ASBVX 0.00% ???? ?? AIM Structured Value B AIM SCPBX 0.00% ???? ?? AIM Opportunities I B AIM MCOVX 0.00% ???? ?? AIM Opportunities II B AIM AGWBX 0.00% ???? ?? AIM Select Equity B AIM IBUTX -0.96% 5.10? H? AIM Utilities B Report Date: 2/04/12 Data Date: 2/03/12 ******************************************************************************** FUND FAMILY: AllianceBernstein Funds ******************************************************************************** *** Section 1: "Annualized" Percentage Gains *** (based on start date of 8/16/02 or inception date shown) (and ASSUMING fund is held ONLY when the MFTI-A is a buy/hold) SYMBOL %GAIN Description ------ ------- ----------------------------------- ALLIBERN CHCBX 30.71% AllianceBernstein Mid-Cap Growth B ALLIBERN QUABX 30.53% AllianceBernstein Small Cap Growth B ALLIBERN SNEMX 27.61% Bernstein Emerging Markets ALLIBERN AWPBX 25.16% AllianceBernstein Intl Growth B ALLIBERN GCHBX 23.47% AllianceBernstein Great China '97 B ALLIBERN ABBSX 23.45% AllianceBernstein Small-Mid Cap Value B ALLIBERN ATEBX 22.68% AllianceBernstein Global Technology B ALLIBERN ABIBX 22.09% AllianceBernstein Intl Val B ALLIBERN AGBBX 20.90% AllianceBernstein Growth B ALLIBERN APGBX 19.00% AllianceBernstein Large Cap Growth B ALLIBERN AWABX 18.08% AllianceBernstein Wealth Apprec Strat B (IN:12/15/03) ALLIBERN CBBDX 17.89% AllianceBernstein Growth & Income B ALLIBERN SIMTX 17.87% Bernstein International Portfolio ALLIBERN ABBGX 17.68% AllianceBernstein Global Value B (IN:04/09/03) ALLIBERN SNIVX 16.97% Bernstein Tax-Managed Intl Port ALLIBERN AUIBX 16.92% AllianceBernstein Utility Income B ALLIBERN ABVBX 16.72% AllianceBernstein Value B ALLIBERN ATWBX 16.54% AllianceBernstein Tax-Managed Wealth B (IN:03/12/04) ALLIBERN ADGBX 15.48% AllianceBernstein Focused Growth & Inc B ALLIBERN AIPBX 14.92% AllianceBernstein Intl Research Gr B ALLIBERN AIZBX 13.56% AllianceBernstein International B (IN:02/20/04) ALLIBERN ABZBX 13.50% AllianceBernstein Glb Research Growth B (IN:03/10/04) ALLIBERN ABBBX 12.96% AllianceBernstein BSS US Large Cap B (IN:12/03/02) ALLIBERN ABXBX 12.55% AllianceBernstein Tax-Managed Intl B (IN:02/20/04) ALLIBERN ABWBX 12.32% AllianceBernstein Balance Wealth Strat B (IN:11/06/03) ALLIBERN AREBX 12.29% AllianceBernstein Rel Est Invmt B ALLIBERN CABBX 10.96% AllianceBernstein Balanced Shares B ALLIBERN AGIBX 9.89% AllianceBernstein Tx Mgd Bal Wlth St B ALLIBERN ABPBX 6.27% AllianceBernstein Wealth Pres Strat B (IN:02/09/04) ALLIBERN AHLBX 5.98% AllianceBernstein Global Health Care B ALLIBERN ACIBX 5.08% AllianceBernstein Tx Mgd Wlth Presv St B *** Section 2: PERFORMANCE OVER PAST 20 TRADING DAYS *** The SCORE Column shows the current rating (0-10) REC values are: "B" (Buy), "H" (Hold), "S" (Sell) A "?" indicates a less accurate Decomposition Funds in the "S" state are prefixed with "***". SYMBOL %GAIN SCORE REC Description ------ ----- ----- --- ----------- ALLIBERN SNEMX 14.66% 9.48 B Bernstein Emerging Markets ALLIBERN QUABX 11.99% 7.91 B AllianceBernstein Small Cap Growth B ALLIBERN GCHBX 11.59% 4.78? S? *** AllianceBernstein Great China '97 B ALLIBERN ATEBX 11.47% 8.88 B AllianceBernstein Global Technology B ALLIBERN ABIBX 10.97% 10.00 B AllianceBernstein Intl Val B ALLIBERN CHCBX 10.83% 9.68 B AllianceBernstein Mid-Cap Growth B ALLIBERN AREBX 10.58% 10.00 B AllianceBernstein Rel Est Invmt B ALLIBERN ABBSX 10.38% 9.45 B AllianceBernstein Small-Mid Cap Value B ALLIBERN SNIVX 9.82% 10.00 B Bernstein Tax-Managed Intl Port ALLIBERN SIMTX 9.79% 9.78 B Bernstein International Portfolio ALLIBERN AIZBX 9.69% 10.00 B AllianceBernstein International B ALLIBERN ABXBX 9.63% 10.00 B AllianceBernstein Tax-Managed Intl B ALLIBERN ABBGX 9.03% 10.00 B AllianceBernstein Global Value B ALLIBERN AWPBX 8.89% 9.35 B AllianceBernstein Intl Growth B ALLIBERN AWABX 8.33% 10.00 B AllianceBernstein Wealth Apprec Strat B ALLIBERN APGBX 8.32% 10.00 B AllianceBernstein Large Cap Growth B ALLIBERN ATWBX 7.84% 10.00 B AllianceBernstein Tax-Managed Wealth B ALLIBERN AGBBX 6.69% 10.00 B AllianceBernstein Growth B ALLIBERN ABWBX 5.68% 10.00 B AllianceBernstein Balance Wealth Strat B ALLIBERN ABVBX 5.55% 10.00 B AllianceBernstein Value B ALLIBERN ADGBX 5.44% 10.00 B AllianceBernstein Focused Growth & Inc B ALLIBERN CBBDX 5.11% 8.99 B AllianceBernstein Growth & Income B ALLIBERN AUIBX 4.46% 7.53 B AllianceBernstein Utility Income B ALLIBERN AGIBX 4.35% 10.00 B AllianceBernstein Tx Mgd Bal Wlth St B ALLIBERN CABBX 4.01% 10.00 B AllianceBernstein Balanced Shares B ALLIBERN ABPBX 3.09% 9.67 B AllianceBernstein Wealth Pres Strat B ALLIBERN ACIBX 2.93% 9.59 B AllianceBernstein Tx Mgd Wlth Presv St B ALLIBERN ABBBX 0.00% ???? ?? AllianceBernstein BSS US Large Cap B ALLIBERN ABZBX 0.00% 10.00 B AllianceBernstein Glb Research Growth B ALLIBERN AHLBX 0.00% ???? ?? AllianceBernstein Global Health Care B ALLIBERN AIPBX 0.00% ???? ?? AllianceBernstein Intl Research Gr B Report Date: 2/04/12 Data Date: 2/03/12 ******************************************************************************** FUND FAMILY: American Funds ******************************************************************************** *** Section 1: "Annualized" Percentage Gains *** (based on start date of 8/16/02 or inception date shown) (and ASSUMING fund is held ONLY when the MFTI-A is a buy/hold) SYMBOL %GAIN Description ------ ------- ----------------------------------- AMERICAN SMCWX 25.99% American Funds Smallcap World A AMERICAN NEWFX 23.90% American Funds New World A AMERICAN ANEFX 23.08% American Funds New Economy A AMERICAN ANCFX 20.04% American Funds Fundamental Invs A AMERICAN AGTHX 19.70% American Funds Grth Fund of Amer A AMERICAN ANWPX 19.31% American Funds New Perspective A AMERICAN AEPGX 19.30% American Funds EuroPacific Gr A AMERICAN AMCPX 18.58% American Funds Amcap A AMERICAN CWGIX 17.90% American Funds Capital World G/I A AMERICAN AWSHX 15.17% American Funds Washington Mutual A AMERICAN AIVSX 14.28% American Funds Invmt Co of Amer A AMERICAN AMRMX 13.71% American Funds American Mutual A AMERICAN ABALX 12.02% American Funds American Balanced A AMERICAN AMECX 10.80% American Funds Inc Fund of Amer A AMERICAN CAIBX 10.19% American Funds Capital Inc Bldr A *** Section 2: PERFORMANCE OVER PAST 20 TRADING DAYS *** The SCORE Column shows the current rating (0-10) REC values are: "B" (Buy), "H" (Hold), "S" (Sell) A "?" indicates a less accurate Decomposition Funds in the "S" state are prefixed with "***". SYMBOL %GAIN SCORE REC Description ------ ----- ----- --- ----------- AMERICAN SMCWX 11.41% 10.00 B American Funds Smallcap World A AMERICAN ANEFX 10.77% 9.45 B American Funds New Economy A AMERICAN NEWFX 9.46% 9.86 B American Funds New World A AMERICAN AEPGX 8.98% 8.26 B American Funds EuroPacific Gr A AMERICAN ANWPX 8.05% 10.00 B American Funds New Perspective A AMERICAN AGTHX 7.59% 10.00 B American Funds Grth Fund of Amer A AMERICAN AMCPX 7.40% 8.74 B American Funds Amcap A AMERICAN CWGIX 6.74% 10.00 B American Funds Capital World G/I A AMERICAN ANCFX 5.86% 10.00 B American Funds Fundamental Invs A AMERICAN AIVSX 5.00% 7.75 B American Funds Invmt Co of Amer A AMERICAN ABALX 3.84% 9.45 B American Funds American Balanced A AMERICAN AMRMX 3.29% 9.74 B American Funds American Mutual A AMERICAN AMECX 2.85% 7.55 B American Funds Inc Fund of Amer A AMERICAN AWSHX 2.85% 9.81 B American Funds Washington Mutual A AMERICAN CAIBX 2.66% 9.29 B American Funds Capital Inc Bldr A Report Date: 2/04/12 Data Date: 2/03/12 ******************************************************************************** FUND FAMILY: American Century Funds ******************************************************************************** *** Section 1: "Annualized" Percentage Gains *** (based on start date of 8/16/02 or inception date shown) (and ASSUMING fund is held ONLY when the MFTI-A is a buy/hold) SYMBOL %GAIN Description ------ ------- ----------------------------------- AMERCENT TWMIX 28.64% American Century Emerging Markets Inv AMERCENT TWHIX 27.08% American Century Heritage Inv AMERCENT TWGTX 27.00% American Century Giftrust Inv AMERCENT ANOIX 26.96% American Century New Oppor II Inv AMERCENT TWNOX 26.32% American Century New Oppor Inv AMERCENT AMVIX 25.57% American Century Veedot Inv AMERCENT BGEIX 25.01% American Century Global Gold Inv AMERCENT TWCVX 24.21% American Century Vista Inv AMERCENT ASQIX 24.12% American Century Small Company Inv AMERCENT ACMNX 21.67% American Century Legacy Multi Cap Inv (IN:05/31/06) AMERCENT AIOIX 20.81% American Century Intl Opport Inv AMERCENT TWGGX 20.75% American Century Global Growth Inv AMERCENT TWIEX 20.63% American Century Intl Growth Inv AMERCENT TWCGX 18.87% American Century Growth Inv AMERCENT ADSIX 18.73% American Century Disciplined Growth Inv (IN:09/30/05) AMERCENT BEQGX 18.46% American Century Equity Growth Inv AMERCENT TWEGX 18.36% American Century Intl Discovery Inv AMERCENT TWCIX 18.00% American Century Select Inv AMERCENT AOVIX 18.00% American Century One Choice: Very Agg (IN:09/30/04) AMERCENT ACFOX 17.94% American Century Legacy Foc Lg Cap Inv (IN:05/31/06) AMERCENT ATCIX 17.87% American Century Technology Inv AMERCENT ACIVX 17.82% American Century Equity Index Inv AMERCENT REACX 17.66% American Century Real Estate Inv AMERCENT ASVIX 17.20% American Century Small Cap Value Inv AMERCENT ALVIX 17.08% American Century Large Co Val Inv AMERCENT AFDIX 16.95% American Century Fundamental Equity Inv (IN:07/29/05) AMERCENT ACTIX 16.78% American Century Capital Val Inv AMERCENT ACGOX 16.28% American Century Legacy Lg Cap Inv (IN:05/31/06) AMERCENT BIGRX 16.11% American Century Income & Growth Inv AMERCENT ASKIX 15.42% American Century International Stock (IN:03/31/05) AMERCENT AOGIX 15.06% American Century One Choice: Agg (IN:09/30/04) AMERCENT BULIX 14.80% American Century Utilities Inv AMERCENT TWCUX 14.80% American Century Ultra Inv AMERCENT TWSAX 14.65% American Century Strat Alloc: Agg Inv AMERCENT AFSIX 14.40% American Century Focused Growth Inv (IN:02/28/05) AMERCENT ACMVX 14.02% American Century Mid Cap Value Inv (IN:03/31/04) AMERCENT TWVLX 11.86% American Century Value Inv AMERCENT AOMIX 11.53% American Century One Choice: Mod (IN:09/30/04) AMERCENT ACLIX 11.27% American Century Capital Growth Inv (IN:07/29/05) AMERCENT TWSMX 11.15% American Century Strat Alloc: Mod Inv AMERCENT AEVIX 10.86% American Century Newton (IN:09/16/03) AMERCENT TWBIX 9.96% American Century Balanced Inv AMERCENT TWEIX 9.76% American Century Equity Income Inv AMERCENT AOCIX 7.34% American Century One Choice: Con (IN:09/30/04) AMERCENT TWSCX 6.84% American Century Strat Alloc: Con Inv AMERCENT ACEVX 6.83% American Century Intl Value Inv (IN:04/04/06) AMERCENT AONIX 3.79% American Century One Choice: Very Con (IN:09/30/04) AMERCENT ALSIX 3.38% American Century Life Sciences Inv AMERCENT ACOVX 1.16% American Century Mason St Mid Cap Gr Inv (IN:04/04/06) AMERCENT ACWVX -2.31% American Century Mason St Sm Cap Gr Inv (IN:04/04/06) *** Section 2: PERFORMANCE OVER PAST 20 TRADING DAYS *** The SCORE Column shows the current rating (0-10) REC values are: "B" (Buy), "H" (Hold), "S" (Sell) A "?" indicates a less accurate Decomposition Funds in the "S" state are prefixed with "***". SYMBOL %GAIN SCORE REC Description ------ ----- ----- --- ----------- AMERCENT TWMIX 11.75% 10.00 B American Century Emerging Markets Inv AMERCENT ANOIX 10.96% 9.15 B American Century New Oppor II Inv AMERCENT TWNOX 10.47% 10.00 B American Century New Oppor Inv AMERCENT ASQIX 9.49% 9.68 B American Century Small Company Inv AMERCENT AIOIX 9.37% 9.53 B American Century Intl Opport Inv AMERCENT ACEVX 9.34% 9.40 B American Century Intl Value Inv AMERCENT TWHIX 9.23% 9.38 B American Century Heritage Inv AMERCENT ASVIX 9.03% 8.94? B? American Century Small Cap Value Inv AMERCENT TWCVX 8.61% 8.36 B American Century Vista Inv AMERCENT REACX 8.52% 8.44 B American Century Real Estate Inv AMERCENT AFSIX 8.19% 10.00 B American Century Focused Growth Inv AMERCENT TWIEX 8.15% 10.00 B American Century Intl Growth Inv AMERCENT TWCIX 8.09% 9.77 B American Century Select Inv AMERCENT TWGTX 7.94% 9.63 B American Century Giftrust Inv AMERCENT TWGGX 7.88% 9.38 B American Century Global Growth Inv AMERCENT TWCGX 7.75% 8.48 B American Century Growth Inv AMERCENT ADSIX 7.71% 9.73 B American Century Disciplined Growth Inv AMERCENT TWCUX 7.26% 9.19 B American Century Ultra Inv AMERCENT AOVIX 7.16% 8.70 B American Century One Choice: Very Agg AMERCENT TWEGX 7.02% 7.58? B? American Century Intl Discovery Inv AMERCENT ACMVX 6.42% 9.33? B? American Century Mid Cap Value Inv AMERCENT AOGIX 6.27% 8.20 B American Century One Choice: Agg AMERCENT BGEIX 6.26% 5.00 H American Century Global Gold Inv AMERCENT TWSAX 6.17% 10.00 B American Century Strat Alloc: Agg Inv AMERCENT ACFOX 5.94% 8.75 B American Century Legacy Foc Lg Cap Inv AMERCENT ACMNX 5.83% 9.36 B American Century Legacy Multi Cap Inv AMERCENT AMVIX 5.63% 10.00 B American Century Veedot Inv AMERCENT BEQGX 5.63% 10.00 B American Century Equity Growth Inv AMERCENT ACGOX 5.57% 9.78 B American Century Legacy Lg Cap Inv AMERCENT ACIVX 5.09% 7.27? B? American Century Equity Index Inv AMERCENT BIGRX 5.08% 10.00 B American Century Income & Growth Inv AMERCENT AFDIX 5.06% 9.57 B American Century Fundamental Equity Inv AMERCENT AOMIX 5.01% 8.82 B American Century One Choice: Mod AMERCENT TWSMX 4.95% 10.00 B American Century Strat Alloc: Mod Inv AMERCENT TWVLX 4.52% 9.55 B American Century Value Inv AMERCENT ALVIX 4.27% 10.00 B American Century Large Co Val Inv AMERCENT ACTIX 4.26% 7.22 B American Century Capital Val Inv AMERCENT TWBIX 3.84% 9.28 B American Century Balanced Inv AMERCENT TWSCX 3.61% 9.28 B American Century Strat Alloc: Con Inv AMERCENT AOCIX 3.56% 7.67 B American Century One Choice: Con AMERCENT TWEIX 2.86% 9.33 B American Century Equity Income Inv AMERCENT AONIX 2.28% 7.18? B? American Century One Choice: Very Con AMERCENT ACLIX 0.00% ???? ?? American Century Capital Growth Inv AMERCENT ALSIX 0.00% ???? ?? American Century Life Sciences Inv AMERCENT ATCIX 0.00% ???? ?? American Century Technology Inv AMERCENT AEVIX 0.00% ???? ?? American Century Newton AMERCENT ASKIX 0.00% ???? ?? American Century International Stock AMERCENT ACOVX 0.00% ???? ?? American Century Mason St Mid Cap Gr Inv AMERCENT ACWVX 0.00% ???? ?? American Century Mason St Sm Cap Gr Inv AMERCENT BULIX -0.06% 5.27? H? American Century Utilities Inv Report Date: 2/04/12 Data Date: 2/03/12 ******************************************************************************** FUND FAMILY: BlackRock Funds ******************************************************************************** *** Section 1: "Annualized" Percentage Gains *** (based on start date of 8/16/02 or inception date shown) (and ASSUMING fund is held ONLY when the MFTI-A is a buy/hold) SYMBOL %GAIN Description ------ ------- ----------------------------------- BLKROCK MADCX 43.32% BlackRock Developing Captl Mkts I BLKROCK MCLTX 39.89% BlackRock Latin America C BLKROCK SGLSX 32.89% BlackRock Global Resources Instl BLKROCK MCGRX 31.23% Blackrock Natural Resources C BLKROCK BACIX 29.36% BlackRock All-Cap Global Resources Inst (IN:02/15/05) BLKROCK CMGIX 26.32% BlackRock Mid Cap Growth Instl BLKROCK BGSIX 26.17% BlackRock Global Sci & Tech Opp Instl BLKROCK BMCIX 26.10% BlackRock U.S. Opportunities Instl BLKROCK MCGCX 25.43% BlackRock Global SmallCap C BLKROCK MCSWX 25.42% Blackrock Small Cap Growth C BLKROCK MASKX 25.03% BlackRock Small Cap Index I BLKROCK BISIX 24.31% BlackRock International Opp Instl BLKROCK MAGGX 23.80% BlackRock Global Growth I BLKROCK MCFOX 22.22% BlackRock Focus Twenty C BLKROCK MCSPX 21.46% BlackRock Value Opportunities C BLKROCK MCILX 21.43% BlackRock International C BLKROCK SSEGX 21.04% BlackRock Small/Mid Growth Instl (IN:11/08/02) BLKROCK MAIVX 20.77% BlackRock International Value I BLKROCK BSQIX 20.33% BlackRock Small Cap Core Inst (IN:08/22/03) BLKROCK MCLHX 20.06% BlackRock Large Cap Growth C BLKROCK MAIIX 19.55% BlackRock International Index I BLKROCK MCPNX 19.26% BlackRock Focus Value C BLKROCK MCBAX 19.12% BlackRock Basic Value C BLKROCK MCFGX 18.59% BlackRock Fundamental Growth C BLKROCK MADVX 18.57% BlackRock Equity Dividend I BLKROCK MCRFX 18.40% Blackrock Mid Cap Val Opportunties C BLKROCK PNIEX 18.38% BlackRock Index Equity Instl BLKROCK MCLVX 18.35% BlackRock Large Cap Value C BLKROCK BROIX 18.20% BlackRock Global Opportunities Inst (IN:01/26/06) BLKROCK MCLRX 18.04% BlackRock Large Cap Core C BLKROCK MASRX 18.02% BlackRock S&P 500 Index I BLKROCK SHSSX 17.77% BlackRock Health Sciences Ops Inst (IN:10/28/02) BLKROCK MCFNX 17.27% BlackRock Global Financial Svcs C BLKROCK MCEFX 17.24% BlackRock EuroFund C BLKROCK MCEGX 16.85% BlackRock Global Dynamic Equity C (IN:11/08/05) BLKROCK MRBVX 16.76% BlackRock Basic Value R BLKROCK MCPCX 16.33% Blackrock Pacific C BLKROCK CMVIX 16.06% BlackRock Mid-Cap Value Instl BLKROCK STSEX 15.71% BlackRock Exchange Blackrock BLKROCK SRLSX 14.95% BlackRock Legacy Instl (IN:11/08/02) BLKROCK MALOX 14.39% BlackRock Global Allocation I BLKROCK MAGUX 13.69% BlackRock Utilities & Telecomm I BLKROCK MCGTX 12.51% BlackRock Global Technology C BLKROCK PBAIX 12.20% BlackRock Asset Allocation Instl BLKROCK MCVLX 12.14% BlackRock Global Value C BLKROCK MAVCX 11.66% BlackRock Basic Value II C BLKROCK SSRCX 10.23% BlackRock Aurora Instl BLKROCK MACPX 9.78% BlackRock Balanced Capital I BLKROCK PNEIX 9.61% BlackRock Investment Trust Instl BLKROCK MAPVX 6.16% BlackRock Basic Value Prin Pro I (IN:11/25/02) BLKROCK MCHCX 5.65% BlackRock Healthcare C BLKROCK PNSEX 4.26% BlackRock Small Cap Value Instl BLKROCK MCPUX 1.80% BlackRock Fundmtal Grth Prin Prot C (IN:11/25/02) BLKROCK BSEBX 1.58% BlackRock Small Cap Value BlackRock (IN:05/14/04) *** Section 2: PERFORMANCE OVER PAST 20 TRADING DAYS *** The SCORE Column shows the current rating (0-10) REC values are: "B" (Buy), "H" (Hold), "S" (Sell) A "?" indicates a less accurate Decomposition Funds in the "S" state are prefixed with "***". SYMBOL %GAIN SCORE REC Description ------ ----- ----- --- ----------- BLKROCK MCLTX 14.23% 9.58 B BlackRock Latin America C BLKROCK MADCX 13.74% 9.75 B BlackRock Developing Captl Mkts I BLKROCK MCPCX 12.17% 9.86 B Blackrock Pacific C BLKROCK MASKX 11.88% 8.85 B BlackRock Small Cap Index I BLKROCK MCSWX 11.03% 9.88 B Blackrock Small Cap Growth C BLKROCK MCEFX 11.01% 9.35? B? BlackRock EuroFund C BLKROCK MCSPX 11.00% 10.00 B BlackRock Value Opportunities C BLKROCK MCILX 10.75% 10.00 B BlackRock International C BLKROCK BGSIX 10.40% 9.13 B BlackRock Global Sci & Tech Opp Instl BLKROCK MCGCX 9.51% 10.00 B BlackRock Global SmallCap C BLKROCK BISIX 9.29% 10.00 B BlackRock International Opp Instl BLKROCK CMGIX 8.82% 10.00 B BlackRock Mid Cap Growth Instl BLKROCK MAIIX 8.44% 8.19 B BlackRock International Index I BLKROCK MCLHX 8.35% 10.00 B BlackRock Large Cap Growth C BLKROCK BROIX 7.97% 10.00 B BlackRock Global Opportunities Inst BLKROCK MCRFX 7.56% 10.00 B Blackrock Mid Cap Val Opportunties C BLKROCK MCFOX 7.21% 8.78 B BlackRock Focus Twenty C BLKROCK BMCIX 7.15% 5.75? H? BlackRock U.S. Opportunities Instl BLKROCK CMVIX 7.00% 10.00 B BlackRock Mid-Cap Value Instl BLKROCK MCEGX 6.79% 10.00 B BlackRock Global Dynamic Equity C BLKROCK MCFGX 6.77% 10.00 B BlackRock Fundamental Growth C BLKROCK MCLRX 6.61% 10.00 B BlackRock Large Cap Core C BLKROCK MRBVX 6.17% 10.00 B BlackRock Basic Value R BLKROCK MCBAX 6.16% 9.55 B BlackRock Basic Value C BLKROCK MCLVX 5.66% 10.00 B BlackRock Large Cap Value C BLKROCK PBAIX 5.58% 10.00 B BlackRock Asset Allocation Instl BLKROCK MALOX 5.19% 9.07 B BlackRock Global Allocation I BLKROCK MCGRX 5.16% 9.68 B Blackrock Natural Resources C BLKROCK PNIEX 5.12% 10.00 B BlackRock Index Equity Instl BLKROCK MASRX 5.11% 10.00 B BlackRock S&P 500 Index I BLKROCK SHSSX 4.79% 4.95? S? *** BlackRock Health Sciences Ops Inst BLKROCK STSEX 4.66% 8.20 B BlackRock Exchange Blackrock BLKROCK MACPX 4.56% 9.66 B BlackRock Balanced Capital I BLKROCK SGLSX 3.65% 7.96? B? BlackRock Global Resources Instl BLKROCK MADVX 3.10% 10.00 B BlackRock Equity Dividend I BLKROCK BACIX 2.72% 7.29? B? BlackRock All-Cap Global Resources Inst BLKROCK SSRCX 0.00% ???? ?? BlackRock Aurora Instl BLKROCK MAVCX 0.00% ???? ?? BlackRock Basic Value II C BLKROCK MAIVX 0.00% ???? ?? BlackRock International Value I BLKROCK MAPVX 0.00% ???? ?? BlackRock Basic Value Prin Pro I BLKROCK BSQIX 0.00% ???? ?? BlackRock Small Cap Core Inst BLKROCK MCHCX 0.00% ???? ?? BlackRock Healthcare C BLKROCK MCVLX 0.00% ???? ?? BlackRock Global Value C BLKROCK BSEBX 0.00% ???? ?? BlackRock Small Cap Value BlackRock BLKROCK MCPUX 0.00% ???? ?? BlackRock Fundmtal Grth Prin Prot C BLKROCK PNSEX 0.00% ???? ?? BlackRock Small Cap Value Instl BLKROCK MCPNX 0.00% ???? ?? BlackRock Focus Value C BLKROCK SSEGX 0.00% ???? ?? BlackRock Small/Mid Growth Instl BLKROCK MCFNX 0.00% ???? ?? BlackRock Global Financial Svcs C BLKROCK MCGTX 0.00% ???? ?? BlackRock Global Technology C BLKROCK SRLSX 0.00% ???? ?? BlackRock Legacy Instl BLKROCK MAGUX 0.00% ???? ?? BlackRock Utilities & Telecomm I BLKROCK MAGGX 0.00% ???? ?? BlackRock Global Growth I BLKROCK PNEIX 0.00% ???? ?? BlackRock Investment Trust Instl Report Date: 2/04/12 Data Date: 2/03/12 ******************************************************************************** FUND FAMILY: Delaware Funds ******************************************************************************** *** Section 1: "Annualized" Percentage Gains *** (based on start date of 8/16/02 or inception date shown) (and ASSUMING fund is held ONLY when the MFTI-A is a buy/hold) SYMBOL %GAIN Description ------ ------- ----------------------------------- DELAWARE VAGGX 25.65% Delaware Select Growth Instl DELAWARE DEMIX 24.46% Delaware Emerging Markets Instl DELAWARE DCGTX 23.85% Delaware Pooled Focus Smid-Cap Gr Eq (IN:01/21/04) DELAWARE OISVX 23.47% Delaware Optimum Small Cap Value Instl (IN:07/23/03) DELAWARE OISGX 23.25% Delaware Optimum Small Cap Growth Instl (IN:07/23/03) DELAWARE DPCEX 22.83% Delaware Pooled All-Cap Growth Equity DELAWARE DFDIX 22.04% Delaware Growth Opportunities Instl DELAWARE DCCIX 20.35% Delaware Small Cap Core I (IN:08/03/05) DELAWARE DEVIX 20.31% Delaware Small Cap Value Instl DELAWARE DGTIX 20.27% Delaware Trend Instl DELAWARE DPEMX 19.08% Delaware Pooled Emerging Markets DELAWARE DEUIX 19.02% Delaware U.S. Growth Instl DELAWARE OILGX 18.20% Delaware Optimum Large Cap Growth Instl (IN:07/23/03) DELAWARE OIIEX 17.65% Delaware Optimum International Eq Inst (IN:07/23/03) DELAWARE DEQIX 17.64% Delaware Intl Value Equity Instl DELAWARE DSCIX 17.58% Delaware Small Cap Growth Instl DELAWARE DASIX 17.02% Delaware American Services I DELAWARE DPLGX 16.90% Delaware Pooled Large-Cap Growth Eqty (IN:11/04/05) DELAWARE DABIX 16.85% Delaware Global Value Inst DELAWARE DGDIX 15.79% Delaware Large Cap Growth Instl DELAWARE OILVX 15.76% Delaware Optimum Large Cap Value Instl (IN:07/23/03) DELAWARE DPIEX 15.46% Delaware Pooled International Equity DELAWARE DELPX 15.26% Delaware Pooled Labor Select Intl Eq DELAWARE DDVIX 15.09% Delaware Value Inst DELAWARE DPDEX 14.84% Delaware Pooled Large-Cap Value Eqty DELAWARE DEDIX 13.93% Delaware Large Cap Value Instl DELAWARE DFGIX 10.47% Delaware Aggressive Allocation I (IN:08/19/05) DELAWARE DDIIX 10.19% Delaware Dividend Income Instl (IN:10/02/03) DELAWARE DPRSX 9.99% Delaware REIT Instl DELAWARE DFFIX 9.79% Delaware Moderate Allocation I (IN:08/19/05) DELAWARE DPSGX 7.50% Delaware Pooled Small Cap Growth Eq DELAWARE DFIIX 6.32% Delaware Conservative Allocation I (IN:08/19/05) DELAWARE DSMIX 6.12% Delaware Pooled Smid-Cap Growth Eq (IN:12/09/04) DELAWARE DEICX 5.65% Delaware Balanced Instl DELAWARE DPRTX 1.01% Delaware Pooled Real Estate Inv Tr II DELAWARE DPRIX -0.77% Delaware Pooled Real Estate Inv Tr DELAWARE DPAGX -2.28% Delaware Pooled Mid-Cap Growth Equity *** Section 2: PERFORMANCE OVER PAST 20 TRADING DAYS *** The SCORE Column shows the current rating (0-10) REC values are: "B" (Buy), "H" (Hold), "S" (Sell) A "?" indicates a less accurate Decomposition Funds in the "S" state are prefixed with "***". SYMBOL %GAIN SCORE REC Description ------ ----- ----- --- ----------- DELAWARE DEMIX 12.60% 10.00 B Delaware Emerging Markets Instl DELAWARE OISGX 12.40% 9.28? B? Delaware Optimum Small Cap Growth Instl DELAWARE DPEMX 12.18% 5.66 H Delaware Pooled Emerging Markets DELAWARE DCGTX 10.55% 9.02 B Delaware Pooled Focus Smid-Cap Gr Eq DELAWARE OISVX 10.51% 6.89 H Delaware Optimum Small Cap Value Instl DELAWARE DFDIX 10.41% 8.90? B? Delaware Growth Opportunities Instl DELAWARE VAGGX 9.69% 7.66 B Delaware Select Growth Instl DELAWARE DCCIX 9.30% 9.74 B Delaware Small Cap Core I DELAWARE DEQIX 9.06% 8.22 B Delaware Intl Value Equity Instl DELAWARE DEVIX 8.88% 9.60 B Delaware Small Cap Value Instl DELAWARE DPRSX 8.72% 9.50 B Delaware REIT Instl DELAWARE DPRTX 8.57% 9.25 B Delaware Pooled Real Estate Inv Tr II DELAWARE OILGX 7.51% 9.51 B Delaware Optimum Large Cap Growth Instl DELAWARE OILVX 7.06% 10.00 B Delaware Optimum Large Cap Value Instl DELAWARE OIIEX 6.90% 8.90? B? Delaware Optimum International Eq Inst DELAWARE DABIX 6.51% 9.88 B Delaware Global Value Inst DELAWARE DPLGX 6.45% 10.00 B Delaware Pooled Large-Cap Growth Eqty DELAWARE DPCEX 6.45% 10.00 B Delaware Pooled All-Cap Growth Equity DELAWARE DEUIX 6.44% 10.00 B Delaware U.S. Growth Instl DELAWARE DFGIX 5.87% 9.77? B? Delaware Aggressive Allocation I DELAWARE DELPX 5.61% 6.25? H? Delaware Pooled Labor Select Intl Eq DELAWARE DPIEX 5.21% 6.47? H? Delaware Pooled International Equity DELAWARE DFFIX 4.67% 9.20 B Delaware Moderate Allocation I DELAWARE DDIIX 3.44% 10.00 B Delaware Dividend Income Instl DELAWARE DFIIX 3.33% 7.48? B? Delaware Conservative Allocation I DELAWARE DDVIX 2.96% 10.00 B Delaware Value Inst DELAWARE DPDEX 2.94% 8.08 B Delaware Pooled Large-Cap Value Eqty DELAWARE DEDIX 2.90% 9.00 B Delaware Large Cap Value Instl DELAWARE DGDIX 1.88% 3.53? S? *** Delaware Large Cap Growth Instl DELAWARE DSMIX 0.00% ???? ?? Delaware Pooled Smid-Cap Growth Eq DELAWARE DSCIX 0.00% ???? ?? Delaware Small Cap Growth Instl DELAWARE DASIX 0.00% ???? ?? Delaware American Services I DELAWARE DPRIX 0.00% ???? ?? Delaware Pooled Real Estate Inv Tr DELAWARE DEICX 0.00% ???? ?? Delaware Balanced Instl DELAWARE DGTIX 0.00% ???? ?? Delaware Trend Instl DELAWARE DPAGX 0.00% ???? ?? Delaware Pooled Mid-Cap Growth Equity DELAWARE DPSGX 0.00% ???? ?? Delaware Pooled Small Cap Growth Eq Report Date: 2/04/12 Data Date: 2/03/12 ******************************************************************************** FUND FAMILY: Dreyfus Funds ******************************************************************************** *** Section 1: "Annualized" Percentage Gains *** (based on start date of 8/16/02 or inception date shown) (and ASSUMING fund is held ONLY when the MFTI-A is a buy/hold) SYMBOL %GAIN Description ------ ------- ----------------------------------- DREYFUS DSCVX 32.80% Dreyfus Small Company Value DREYFUS DMCVX 25.38% Dreyfus Midcap Value DREYFUS DTGRX 24.80% Dreyfus Premier Technology Growth A DREYFUS DISSX 24.60% Dreyfus Small Cap Stock Index DREYFUS DPSAX 23.99% Dreyfus Premier Structured Midcap A (IN:12/18/02) DREYFUS DAGVX 21.60% Dreyfus Premier Strategic Value A DREYFUS PESPX 21.50% Dreyfus MidCap Index DREYFUS DIISX 20.33% Dreyfus Intl Stock Index DREYFUS DSPIX 18.46% Dreyfus Basic S&P 500 Stock Index DREYFUS DREQX 17.62% Dreyfus Growth Opportunity DREYFUS PEOPX 17.31% Dreyfus S&P 500 Index DREYFUS DRELX 16.90% Dreyfus Emerging Leaders DREYFUS DGRIX 16.24% Dreyfus Growth & Income DREYFUS DREVX 15.71% Dreyfus DREYFUS DDSTX 15.64% Dreyfus Disciplined Stock DREYFUS DGAGX 13.55% Dreyfus Appreciation DREYFUS DLGIX 12.32% Dreyfus LifeTime Growth Inv DREYFUS DGIIX 9.79% Dreyfus LifeTime Growth & Income Inv DREYFUS DLIIX 2.97% Dreyfus LifeTime Income Inv DREYFUS DLMBX -0.25% Dreyfus Tax Managed Balanced (IN:10/27/05) *** Section 2: PERFORMANCE OVER PAST 20 TRADING DAYS *** The SCORE Column shows the current rating (0-10) REC values are: "B" (Buy), "H" (Hold), "S" (Sell) A "?" indicates a less accurate Decomposition Funds in the "S" state are prefixed with "***". SYMBOL %GAIN SCORE REC Description ------ ----- ----- --- ----------- DREYFUS DSCVX 13.11% 6.57? H? Dreyfus Small Company Value DREYFUS DISSX 10.02% 7.74? B? Dreyfus Small Cap Stock Index DREYFUS DTGRX 9.58% 8.09 B Dreyfus Premier Technology Growth A DREYFUS PESPX 9.02% 7.70? B? Dreyfus MidCap Index DREYFUS DPSAX 8.63% 10.00 B Dreyfus Premier Structured Midcap A DREYFUS DLIIX 8.52% 6.22? H? Dreyfus LifeTime Income Inv DREYFUS DIISX 8.39% 10.00? B? Dreyfus Intl Stock Index DREYFUS DREQX 7.37% 9.73 B Dreyfus Growth Opportunity DREYFUS DDSTX 6.57% 10.00 B Dreyfus Disciplined Stock DREYFUS DGRIX 6.57% 9.72 B Dreyfus Growth & Income DREYFUS DMCVX 6.53% 5.00? H? Dreyfus Midcap Value DREYFUS DLGIX 6.46% 7.30? B? Dreyfus LifeTime Growth Inv DREYFUS DREVX 6.17% 8.75 B Dreyfus DREYFUS DAGVX 5.95% 9.73 B Dreyfus Premier Strategic Value A DREYFUS DSPIX 5.12% 8.65 B Dreyfus Basic S&P 500 Stock Index DREYFUS PEOPX 5.08% 7.31 B Dreyfus S&P 500 Index DREYFUS DGIIX 4.44% 7.45 B Dreyfus LifeTime Growth & Income Inv DREYFUS DGAGX 3.34% 9.37 B Dreyfus Appreciation DREYFUS DRELX 0.00% 5.00? H? Dreyfus Emerging Leaders DREYFUS DLMBX 0.00% ???? ?? Dreyfus Tax Managed Balanced Report Date: 2/04/12 Data Date: 2/03/12 ******************************************************************************** FUND FAMILY: Fidelity Funds ******************************************************************************** *** Section 1: "Annualized" Percentage Gains *** (based on start date of 8/16/02 or inception date shown) (and ASSUMING fund is held ONLY when the MFTI-A is a buy/hold) SYMBOL %GAIN Description ------ ------- ----------------------------------- FIDELITY FLSAX 40.13% Fidelity Advisor Leveraged Co Stk A FIDELITY FLVCX 39.64% Fidelity Leveraged Company Stock FIDELITY FLATX 38.14% Fidelity Latin America FIDELITY FLTAX 36.38% Fidelity Advisor Latin America A FIDELITY FSESX 35.67% Fidelity Select Energy Service FIDELITY FANAX 34.74% Fidelity Advisor Energy A FIDELITY FSAVX 34.73% Fidelity Select Automotive FIDELITY FEMKX 34.64% Fidelity Emerging Markets FIDELITY FSDPX 33.24% Fidelity Select Materials FIDELITY FNARX 32.59% Fidelity Select Natural Resources FIDELITY FSDCX 32.24% Fidelity Select Communications Equip FIDELITY FDMAX 31.62% Fidelity Advisor Communications Equip A FIDELITY FELAX 31.49% Fidelity Advisor Electronics A FIDELITY FSELX 31.11% Fidelity Select Electronics FIDELITY FSENX 30.59% Fidelity Select Energy FIDELITY FSCHX 30.57% Fidelity Select Chemicals FIDELITY FCLAX 30.31% Fidelity Advisor Indstrials A FIDELITY FDCPX 30.28% Fidelity Select Computers FIDELITY FAMKX 30.00% Fidelity Advisor Emerging Markets A (IN:04/02/04) FIDELITY FSPTX 29.81% Fidelity Select Technology FIDELITY FADTX 29.80% Fidelity Advisor Technology A FIDELITY FSEAX 29.51% Fidelity Southeast Asia FIDELITY FNORX 29.32% Fidelity Nordic FIDELITY FSCGX 28.85% Fidelity Select Industrial Equipment FIDELITY FSNGX 28.18% Fidelity Select Natural Gas FIDELITY FSAIX 27.66% Fidelity Select Air Transportation FIDELITY FSHOX 27.65% Fidelity Select Construction&Housing FIDELITY FCYIX 27.54% Fidelity Select Industrials FIDELITY FOCPX 27.28% Fidelity OTC FIDELITY FEAAX 27.28% Fidelity Advisor Emerging Asia A FIDELITY FICDX 27.07% Fidelity Canada FIDELITY FSRFX 27.04% Fidelity Select Transportation FIDELITY FSLSX 26.50% Fidelity Value Strategies FIDELITY FDFFX 26.49% Fidelity Independence FIDELITY FSCRX 26.29% Fidelity Small Cap Retirement FIDELITY FDEGX 26.12% Fidelity Aggressive Growth FIDELITY FWRLX 26.01% Fidelity Select Wireless FIDELITY FSOAX 25.86% Fidelity Advisor Value Strat A FIDELITY FCPGX 25.67% Fidelity Small Cap Growth (IN:11/10/04) FIDELITY FDGRX 25.60% Fidelity Growth Company FIDELITY FSLCX 25.58% Fidelity Small Cap Stock FIDELITY FCAGX 25.51% Fidelity Advisor Small Cap Growth A (IN:11/10/04) FIDELITY FSEMX 25.45% Fidelity Spartan Extended Mkt Index Inv FIDELITY FSMGX 25.39% Fidelity Mid Cap Growth FIDELITY FARAX 25.24% Fidelity Advisor Dynamic Cap App A FIDELITY FMCSX 24.98% Fidelity Mid-Cap Stock FIDELITY FSDAX 24.88% Fidelity Select Defense & Aerospace FIDELITY FSLBX 24.73% Fidelity Select Brokerage & Investmnt FIDELITY FCPVX 24.60% Fidelity Small Cap Value (IN:11/10/04) FIDELITY FPBFX 24.53% Fidelity Pacific Basin FIDELITY FCVAX 24.45% Fidelity Advisor Small Cap Value A (IN:11/10/04) FIDELITY FLPSX 24.20% Fidelity Low-Priced Stock FIDELITY FISMX 23.87% Fidelity International Small Cap (IN:09/20/02) FIDELITY FBSOX 23.84% Fidelity Select IT Services FIDELITY FHKCX 23.70% Fidelity China Region FIDELITY FAGAX 23.61% Fidelity Advisor Growth Opport A FIDELITY FSCSX 23.60% Fidelity Select Software & Comp FIDELITY FDVLX 23.45% Fidelity Value FIDELITY FHEAX 23.36% Fidelity Advisor Real Estate A FIDELITY FSCOX 23.17% Fidelity International Small Cap Opp (IN:08/09/05) FIDELITY FOPAX 23.14% Fidelity Advisor Intl Sm Cap Opp A (IN:08/09/05) FIDELITY FSMVX 22.97% Fidelity Mid Cap Value FIDELITY FDSCX 22.90% Fidelity Small Cap Independence FIDELITY FAVFX 22.61% Fidelity Advisor Value A (IN:01/06/04) FIDELITY FTVFX 22.56% Fidelity Advisor Value T (IN:01/06/04) FIDELITY EPGAX 22.52% Fidelity Advisor Equity Growth A FIDELITY FRESX 22.24% Fidelity Real Estate Investment FIDELITY FIEUX 22.19% Fidelity Europe FIDELITY FMCDX 22.07% Fidelity Advisor Mid Cap A FIDELITY FSTCX 22.06% Fidelity Select Telecommunications FIDELITY FDLSX 21.91% Fidelity Select Leisure FIDELITY FTQGX 21.90% Fidelity Focused Stock FIDELITY FIGRX 21.77% Fidelity International Discovery FIDELITY FTXMX 21.71% Fidelity Tax-Managed Stock FIDELITY FVDFX 21.71% Fidelity Value Discovery (IN:12/11/02) FIDELITY FGVAX 21.66% Fidelity Advisor Aggressive Gr A FIDELITY FDCAX 21.52% Fidelity Capital Appreciation FIDELITY FLCSX 21.44% Fidelity Large Cap Stock FIDELITY FBMPX 21.44% Fidelity Select Multimedia FIDELITY FALAX 21.41% Fidelity Advisor Large Cap A FIDELITY FDTOX 21.29% Fidelity Advisor Diversified Stock A FIDELITY FAOAX 21.25% Fidelity Advisor Overseas A FIDELITY FTQAX 21.21% Fidelity Advisor Strategic Growth A FIDELITY FEXPX 21.01% Fidelity Export & Multinational FIDELITY FAEAX 20.96% Fidelity Advisor Europe Cap Apprec A FIDELITY FTRNX 20.86% Fidelity Trend FIDELITY FIASX 20.86% Fidelity Advisor Intl Small Cap A (IN:05/28/03) FIDELITY FAMRX 20.84% Fidelity Asset Manager 85% FIDELITY FDSVX 20.82% Fidelity Discovery FIDELITY FBIOX 20.78% Fidelity Select Biotechnology FIDELITY FFTYX 20.75% Fidelity Fifty FIDELITY FSLEX 20.74% Fidelity Select Environmental FIDELITY FDIVX 20.50% Fidelity Diversified International FIDELITY FOSFX 20.50% Fidelity Overseas FIDELITY FNIAX 20.38% Fidelity Advisor New Insights A (IN:08/01/03) FIDELITY FIIAX 20.27% Fidelity Advisor Mid Cap II A (IN:08/13/04) FIDELITY FSAGX 20.26% Fidelity Select Gold FIDELITY FSIIX 20.23% Fidelity Spartan International Index Inv FIDELITY FBTAX 20.19% Fidelity Advisor Biotechnology A FIDELITY FADAX 20.15% Fidelity Advisor Dividend Growth A FIDELITY FDGFX 20.00% Fidelity Dividend Growth FIDELITY FSTMX 19.78% Fidelity Spartan Total Market Index Inv FIDELITY FWWFX 19.78% Fidelity Worldwide FIDELITY FDSSX 19.67% Fidelity Stock Selector FIDELITY FNINX 19.65% Fidelity Select Network & Infrastruct FIDELITY FIVFX 19.51% Fidelity Aggressive Intl FIDELITY FMILX 19.48% Fidelity New Millennium FIDELITY FECAX 19.46% Fidelity Europe Capital Appreciation FIDELITY FSLGX 19.46% Fidelity Large Cap Growth FIDELITY FNCMX 19.31% Fidelity Nasdaq Composite Index (IN:09/26/03) FIDELITY FSCDX 19.22% Fidelity Advisor Small Cap A FIDELITY FCNAX 18.99% Fidelity Advisor Consumer Disc A FIDELITY FSLVX 18.77% Fidelity Large Cap Value FIDELITY FDVAX 18.54% Fidelity Advisor Diversified Intl A FIDELITY FAVAX 18.42% Fidelity Advisor Equity Value A FIDELITY FFIDX 18.39% Fidelity FIDELITY FSHCX 18.36% Fidelity Select Medical Delivery FIDELITY FUSEX 18.23% Fidelity Spartan U.S. Equity Index Inv FIDELITY FAKAX 18.05% Fidelity Advisor Korea A FIDELITY FSRPX 18.02% Fidelity Select Retailing FIDELITY FCNTX 17.89% Fidelity Contrafund FIDELITY FBGRX 17.82% Fidelity Blue Chip Growth FIDELITY FAFDX 17.81% Fidelity Advisor Financial Svc A FIDELITY FCPAX 17.70% Fidelity Advisor Intl Capital App A FIDELITY FUGAX 17.67% Fidelity Advisor Utilities A FIDELITY FSPCX 17.61% Fidelity Select Insurance FIDELITY FMAGX 17.58% Fidelity Magellan FIDELITY FEQIX 17.46% Fidelity Equity-Income FIDELITY FSUTX 17.39% Fidelity Select Utilities Growth FIDELITY FBCVX 17.30% Fidelity Blue Chip Value (IN:06/18/03) FIDELITY FEIAX 17.25% Fidelity Advisor Equity Income A FIDELITY FGRTX 17.15% Fidelity Growth & Income II FIDELITY FVLAX 16.99% Fidelity Advisor Value Leaders A (IN:06/18/03) FIDELITY FSCPX 16.95% Fidelity Select Consumer Industries FIDELITY FGEAX 16.89% Fidelity Advisor Global Cap App A FIDELITY FFYAX 16.70% Fidelity Advisor Fifty A FIDELITY FGIRX 16.59% Fidelity Advisor Growth & Income A FIDELITY FIDSX 16.54% Fidelity Select Financial Services FIDELITY FEQTX 16.38% Fidelity Equity-Income II FIDELITY FFNOX 16.26% Fidelity Four-in-One Index FIDELITY FDEQX 16.18% Fidelity Disciplined Equity FIDELITY FJSCX 16.06% Fidelity Japan Smaller Companies FIDELITY FAIDX 16.01% Fidelity Advisor Intl Discovery A (IN:01/13/05) FIDELITY FDTTX 15.89% Fidelity Advisor Destiny II A FIDELITY FDETX 15.81% Fidelity Destiny II FIDELITY FSDIX 15.79% Fidelity Strategic Dividend & Income (IN:01/06/04) FIDELITY FIUIX 15.76% Fidelity Utilities FIDELITY FASDX 15.73% Fidelity Advisor Strategic Div & Inc A (IN:01/06/04) FIDELITY FJPAX 15.50% Fidelity Advisor Japan A FIDELITY FBALX 15.48% Fidelity Balanced FIDELITY FSPFX 15.29% Fidelity Select Paper & Forest Prod FIDELITY FIVMX 15.19% Fidelity Advisor International Value A (IN:05/23/06) FIDELITY FIVLX 15.16% Fidelity International Value (IN:05/23/06) FIDELITY FJPNX 15.11% Fidelity Japan FIDELITY FDLEX 14.85% Fidelity Exchange FIDELITY FGRIX 14.74% Fidelity Growth & Income FIDELITY FSMEX 14.69% Fidelity Select Medical Equip/Systems FIDELITY FASGX 14.51% Fidelity Asset Manager 70% FIDELITY FTAMX 14.01% Fidelity Advisor Tax Managed A FIDELITY FPHAX 13.75% Fidelity Select Pharmaceuticals FIDELITY FACDX 13.38% Fidelity Advisor Health Care A FIDELITY FSRBX 13.01% Fidelity Select Banking FIDELITY FSMKX 12.92% Fidelity Spartan 500 Index Investor FIDELITY FDFAX 12.69% Fidelity Select Consumer Staples FIDELITY CNGRX 12.62% Fidelity Congress Street FIDELITY FGBLX 12.28% Fidelity Global Balanced tion FIDELITY FPURX 11.30% Fidelity Puritan FIDELITY FSPHX 10.76% Fidelity Select Health Care FIDELITY FABLX 10.25% Fidelity Advisor Balanced A FIDELITY FASMX 9.43% Fidelity Asset Manager 50% FIDELITY FSVLX 8.01% Fidelity Select Home Finance FIDELITY FLOAX 7.25% Fidelity Advisor Asset Manager 70% A FIDELITY FSRRX 6.91% Fidelity Strategic Real Return (IN:09/14/05) FIDELITY FSRAX 6.84% Fidelity Advisor Strategic Real Return A (IN:09/14/05) FIDELITY FRIFX 6.54% Fidelity Real Estate Income FIDELITY FASIX 5.44% Fidelity Asset Manager 20% FIDELITY FIREX -100.00% Fidelity International Real Estate al Estate> *** Section 2: PERFORMANCE OVER PAST 20 TRADING DAYS *** The SCORE Column shows the current rating (0-10) REC values are: "B" (Buy), "H" (Hold), "S" (Sell) A "?" indicates a less accurate Decomposition Funds in the "S" state are prefixed with "***". SYMBOL %GAIN SCORE REC Description ------ ----- ----- --- ----------- FIDELITY FSELX 17.08% 9.52 B Fidelity Select Electronics FIDELITY FELAX 16.80% 10.00 B Fidelity Advisor Electronics A FIDELITY FBTAX 16.48% 9.70 B Fidelity Advisor Biotechnology A FIDELITY FBIOX 16.35% 9.68 B Fidelity Select Biotechnology FIDELITY FSAVX 14.30% 9.39? B? Fidelity Select Automotive FIDELITY FSLBX 13.88% 9.82 B Fidelity Select Brokerage & Investmnt FIDELITY FAFDX 13.68% 10.00 B Fidelity Advisor Financial Svc A FIDELITY FIDSX 13.59% 10.00 B Fidelity Select Financial Services FIDELITY FDCPX 13.33% 10.00 B Fidelity Select Computers FIDELITY FSCHX 12.78% 9.09 B Fidelity Select Chemicals FIDELITY FSCGX 12.43% 7.92 B Fidelity Select Industrial Equipment FIDELITY FSAIX 12.37% 9.02? B? Fidelity Select Air Transportation FIDELITY FLSAX 12.36% 10.00 B Fidelity Advisor Leveraged Co Stk A FIDELITY FNORX 12.11% 9.76 B Fidelity Nordic FIDELITY FLVCX 12.02% 10.00 B Fidelity Leveraged Company Stock FIDELITY FCPAX 11.57% 9.74 B Fidelity Advisor Intl Capital App A FIDELITY FIREX 11.52% 10.00 B Fidelity International Real Estate al Estate> FIDELITY FOSFX 11.49% 10.00 B Fidelity Overseas FIDELITY FIVFX 11.45% 9.84 B Fidelity Aggressive Intl FIDELITY FADTX 11.43% 8.68 B Fidelity Advisor Technology A FIDELITY FSPTX 11.40% 9.05 B Fidelity Select Technology FIDELITY FHKCX 11.28% 9.56? B? Fidelity China Region FIDELITY FLATX 11.24% 10.00 B Fidelity Latin America FIDELITY FOCPX 11.21% 9.90 B Fidelity OTC FIDELITY FAOAX 11.02% 10.00 B Fidelity Advisor Overseas A FIDELITY FSLCX 10.96% 7.62 B Fidelity Small Cap Stock FIDELITY FECAX 10.92% 10.00 B Fidelity Europe Capital Appreciation FIDELITY FIEUX 10.83% 10.00 B Fidelity Europe FIDELITY FSDPX 10.81% 9.85 B Fidelity Select Materials FIDELITY FDFFX 10.75% 10.00 B Fidelity Independence FIDELITY FAMKX 10.61% 10.00 B Fidelity Advisor Emerging Markets A FIDELITY FAGAX 10.58% 9.27 B Fidelity Advisor Growth Opport A FIDELITY FEMKX 10.52% 9.83 B Fidelity Emerging Markets FIDELITY FAEAX 10.48% 9.68 B Fidelity Advisor Europe Cap Apprec A FIDELITY FSEAX 10.41% 9.89 B Fidelity Southeast Asia FIDELITY FEAAX 10.41% 9.76? B? Fidelity Advisor Emerging Asia A FIDELITY FSLSX 10.38% 9.11 B Fidelity Value Strategies FIDELITY FSOAX 10.36% 8.60 B Fidelity Advisor Value Strat A FIDELITY FISMX 10.34% 10.00? B? Fidelity International Small Cap FIDELITY FSEMX 10.32% 7.45 B Fidelity Spartan Extended Mkt Index Inv FIDELITY FDEGX 10.31% 9.00 B Fidelity Aggressive Growth FIDELITY FSCSX 10.29% 5.37 H Fidelity Select Software & Comp FIDELITY FIASX 10.27% 10.00? B? Fidelity Advisor Intl Small Cap A FIDELITY FSMGX 10.22% 10.00 B Fidelity Mid Cap Growth FIDELITY FSCOX 10.22% 9.44 B Fidelity International Small Cap Opp FIDELITY FCLAX 10.13% 9.45 B Fidelity Advisor Indstrials A FIDELITY FGVAX 10.10% 10.00 B Fidelity Advisor Aggressive Gr A FIDELITY FCYIX 10.08% 10.00 B Fidelity Select Industrials FIDELITY FOPAX 10.06% 10.00 B Fidelity Advisor Intl Sm Cap Opp A FIDELITY FDGRX 9.93% 6.20 H Fidelity Growth Company FIDELITY FSCRX 9.86% 10.00 B Fidelity Small Cap Retirement FIDELITY FSESX 9.84% 10.00 B Fidelity Select Energy Service FIDELITY FDGFX 9.81% 10.00 B Fidelity Dividend Growth FIDELITY FADAX 9.74% 10.00 B Fidelity Advisor Dividend Growth A FIDELITY FSMEX 9.73% 8.64? B? Fidelity Select Medical Equip/Systems FIDELITY FSDCX 9.66% 8.55 B Fidelity Select Communications Equip FIDELITY FDMAX 9.59% 8.28 B Fidelity Advisor Communications Equip A FIDELITY FMCSX 9.46% 8.69 B Fidelity Mid-Cap Stock FIDELITY FCPGX 9.34% 8.18 B Fidelity Small Cap Growth FIDELITY FHEAX 9.34% 9.50 B Fidelity Advisor Real Estate A FIDELITY FDSCX 9.29% 10.00 B Fidelity Small Cap Independence FIDELITY FCPVX 9.28% 10.00 B Fidelity Small Cap Value FIDELITY FRESX 9.28% 10.00 B Fidelity Real Estate Investment FIDELITY FCAGX 9.28% 8.15 B Fidelity Advisor Small Cap Growth A FIDELITY FCVAX 9.16% 10.00 B Fidelity Advisor Small Cap Value A FIDELITY FDCAX 9.15% 9.63 B Fidelity Capital Appreciation FIDELITY FBSOX 9.07% 9.21 B Fidelity Select IT Services FIDELITY FSVLX 8.99% 9.75 B Fidelity Select Home Finance FIDELITY FSRFX 8.93% 9.25? B? Fidelity Select Transportation FIDELITY FDVLX 8.91% 10.00 B Fidelity Value FIDELITY FTVFX 8.90% 9.13 B Fidelity Advisor Value T FIDELITY FNCMX 8.86% 9.00 B Fidelity Nasdaq Composite Index FIDELITY FMCDX 8.84% 8.50 B Fidelity Advisor Mid Cap A FIDELITY FAVFX 8.83% 10.00 B Fidelity Advisor Value A FIDELITY FPBFX 8.75% 9.81 B Fidelity Pacific Basin FIDELITY FGEAX 8.71% 9.42 B Fidelity Advisor Global Cap App A FIDELITY FSCDX 8.64% 5.22 H Fidelity Advisor Small Cap A FIDELITY FBGRX 8.64% 10.00 B Fidelity Blue Chip Growth FIDELITY FSHOX 8.64% 10.00 B Fidelity Select Construction&Housing FIDELITY FIGRX 8.62% 10.00 B Fidelity International Discovery FIDELITY FAIDX 8.59% 10.00 B Fidelity Advisor Intl Discovery A FIDELITY FDIVX 8.56% 10.00 B Fidelity Diversified International FIDELITY FNARX 8.54% 10.00 B Fidelity Select Natural Resources FIDELITY FSIIX 8.52% 8.24 B Fidelity Spartan International Index Inv FIDELITY FSLGX 8.51% 9.78 B Fidelity Large Cap Growth FIDELITY FTRNX 8.44% 9.01 B Fidelity Trend FIDELITY FIIAX 8.37% 8.95 B Fidelity Advisor Mid Cap II A FIDELITY FDSSX 8.33% 10.00 B Fidelity Stock Selector FIDELITY FDVAX 8.26% 10.00 B Fidelity Advisor Diversified Intl A FIDELITY FARAX 8.21% 10.00 B Fidelity Advisor Dynamic Cap App A FIDELITY FSLEX 8.19% 9.33 B Fidelity Select Environmental FIDELITY FLPSX 8.18% 10.00 B Fidelity Low-Priced Stock FIDELITY FTQAX 8.09% 10.00 B Fidelity Advisor Strategic Growth A FIDELITY FSDAX 8.07% 10.00 B Fidelity Select Defense & Aerospace FIDELITY FSPHX 7.58% 8.22? B? Fidelity Select Health Care FIDELITY FDLSX 7.51% 9.29 B Fidelity Select Leisure FIDELITY FAMRX 7.40% 8.86 B Fidelity Asset Manager 85% FIDELITY FACDX 7.39% 9.73 B Fidelity Advisor Health Care A FIDELITY FDETX 7.20% 10.00 B Fidelity Destiny II FIDELITY FDTTX 7.18% 10.00 B Fidelity Advisor Destiny II A FIDELITY FMAGX 7.14% 10.00 B Fidelity Magellan FIDELITY FWWFX 7.08% 10.00 B Fidelity Worldwide FIDELITY FSCPX 7.07% 10.00 B Fidelity Select Consumer Industries FIDELITY FTXMX 7.05% 9.72 B Fidelity Tax-Managed Stock FIDELITY EPGAX 7.00% 9.62 B Fidelity Advisor Equity Growth A FIDELITY FDSVX 6.99% 10.00 B Fidelity Discovery FIDELITY FMILX 6.98% 8.14 B Fidelity New Millennium FIDELITY FCNAX 6.96% 10.00 B Fidelity Advisor Consumer Disc A FIDELITY FSMVX 6.93% 8.98 B Fidelity Mid Cap Value FIDELITY FSAGX 6.92% 5.25 H Fidelity Select Gold FIDELITY FSRPX 6.91% 7.42? B? Fidelity Select Retailing FIDELITY FSENX 6.86% 10.00 B Fidelity Select Energy FIDELITY FANAX 6.81% 10.00 B Fidelity Advisor Energy A FIDELITY FSPCX 6.73% 9.35 B Fidelity Select Insurance FIDELITY FIVLX 6.72% 7.78? B? Fidelity International Value FIDELITY FIVMX 6.71% 9.17? B? Fidelity Advisor International Value A FIDELITY FSRBX 6.63% 9.75 B Fidelity Select Banking FIDELITY FLCSX 6.49% 10.00 B Fidelity Large Cap Stock FIDELITY FALAX 6.42% 10.00 B Fidelity Advisor Large Cap A FIDELITY FASGX 6.21% 7.83 B Fidelity Asset Manager 70% FIDELITY FSTMX 6.09% 7.67 B Fidelity Spartan Total Market Index Inv FIDELITY FSLVX 6.01% 9.75 B Fidelity Large Cap Value FIDELITY FFNOX 5.94% 7.68 B Fidelity Four-in-One Index FIDELITY FDTOX 5.86% 10.00 B Fidelity Advisor Diversified Stock A FIDELITY FTQGX 5.81% 10.00 B Fidelity Focused Stock FIDELITY FCNTX 5.80% 8.68 B Fidelity Contrafund FIDELITY FNIAX 5.74% 9.10 B Fidelity Advisor New Insights A FIDELITY FFTYX 5.70% 10.00 B Fidelity Fifty FIDELITY FWRLX 5.67% 6.95? H? Fidelity Select Wireless FIDELITY FBCVX 5.62% 9.47 B Fidelity Blue Chip Value FIDELITY FBMPX 5.61% 10.00 B Fidelity Select Multimedia FIDELITY FFIDX 5.58% 9.37 B Fidelity FIDELITY FVLAX 5.54% 9.82 B Fidelity Advisor Value Leaders A FIDELITY FVDFX 5.53% 8.75 B Fidelity Value Discovery FIDELITY FAVAX 5.43% 8.69 B Fidelity Advisor Equity Value A FIDELITY FJPNX 5.40% 9.74? B? Fidelity Japan FIDELITY FEXPX 5.37% 10.00 B Fidelity Export & Multinational FIDELITY FGRTX 5.23% 9.39 B Fidelity Growth & Income II FIDELITY FUSEX 5.12% 10.00 B Fidelity Spartan U.S. Equity Index Inv FIDELITY FGRIX 5.05% 10.00 B Fidelity Growth & Income FIDELITY FDEQX 5.05% 10.00 B Fidelity Disciplined Equity FIDELITY FGBLX 5.02% 9.80 B Fidelity Global Balanced tion FIDELITY FGIRX 4.97% 10.00 B Fidelity Advisor Growth & Income A FIDELITY FPURX 4.92% 7.88 B Fidelity Puritan FIDELITY FASMX 4.69% 8.62 B Fidelity Asset Manager 50% FIDELITY FICDX 4.54% 9.08? B? Fidelity Canada FIDELITY FRIFX 4.47% 7.13 B Fidelity Real Estate Income FIDELITY FEQIX 4.43% 10.00 B Fidelity Equity-Income FIDELITY FEIAX 4.42% 9.52 B Fidelity Advisor Equity Income A FIDELITY FSHCX 4.40% 9.08 B Fidelity Select Medical Delivery FIDELITY FBALX 4.35% 9.75 B Fidelity Balanced FIDELITY FABLX 4.25% 7.18 B Fidelity Advisor Balanced A FIDELITY FSDIX 4.22% 10.00 B Fidelity Strategic Dividend & Income FIDELITY FASDX 4.15% 10.00 B Fidelity Advisor Strategic Div & Inc A FIDELITY FEQTX 4.09% 9.48 B Fidelity Equity-Income II FIDELITY FSTCX 3.32% 8.54 B Fidelity Select Telecommunications FIDELITY FSRRX 2.92% 5.11? H? Fidelity Strategic Real Return FIDELITY FSRAX 2.82% 5.11? H? Fidelity Advisor Strategic Real Return A FIDELITY FJSCX 2.80% 9.38? B? Fidelity Japan Smaller Companies FIDELITY FSNGX 2.72% 7.24 B Fidelity Select Natural Gas FIDELITY FPHAX 2.71% 9.08 B Fidelity Select Pharmaceuticals FIDELITY FASIX 2.27% 6.31 H Fidelity Asset Manager 20% FIDELITY FDFAX 1.78% 7.10? B? Fidelity Select Consumer Staples FIDELITY FLTAX 0.00% ???? ?? Fidelity Advisor Latin America A FIDELITY CNGRX 0.00% ???? ?? Fidelity Congress Street FIDELITY FSPFX 0.00% ???? ?? Fidelity Select Paper & Forest Prod FIDELITY FLOAX 0.00% ???? ?? Fidelity Advisor Asset Manager 70% A FIDELITY FAKAX 0.00% ???? ?? Fidelity Advisor Korea A FIDELITY FDLEX 0.00% ???? ?? Fidelity Exchange FIDELITY FFYAX 0.00% ???? ?? Fidelity Advisor Fifty A FIDELITY FNINX 0.00% ???? ?? Fidelity Select Network & Infrastruct FIDELITY FSMKX 0.00% ???? ?? Fidelity Spartan 500 Index Investor FIDELITY FJPAX 0.00% ???? ?? Fidelity Advisor Japan A FIDELITY FTAMX 0.00% ???? ?? Fidelity Advisor Tax Managed A FIDELITY FIUIX -0.59% 5.17? H? Fidelity Utilities FIDELITY FUGAX -0.68% 5.37? H? Fidelity Advisor Utilities A FIDELITY FSUTX -0.76% 5.19? H? Fidelity Select Utilities Growth Report Date: 2/04/12 Data Date: 2/03/12 ******************************************************************************** FUND FAMILY: General Electric Funds ******************************************************************************** *** Section 1: "Annualized" Percentage Gains *** (based on start date of 8/16/02 or inception date shown) (and ASSUMING fund is held ONLY when the MFTI-A is a buy/hold) SYMBOL %GAIN Description ------ ------- ----------------------------------- GEFUNDS GIEIX 22.11% GE Instl International Equity Inv GEFUNDS GSVIX 21.31% GE Instl Small-Cap Equity Inv GEFUNDS EGLBX 21.06% Elfun International Equity GEFUNDS GEICX 20.62% GE International Equity A GEFUNDS GEGEX 18.89% GE Global Equity A GEFUNDS GEIPX 18.41% GE Instl Premier Growth Equity Inv GEFUNDS GIDIX 17.80% GE Instl S&P 500 Index Inv GEFUNDS GUSIX 15.63% GE Instl U.S. Equity Inv GEFUNDS GEIVX 15.19% GE Instl Value Equity Inv GEFUNDS GBSCX 14.91% GE Small-Cap Equity B GEFUNDS GESSX 14.36% GE S&S Program Mutual GEFUNDS GEPBX 13.84% GE Premier Growth Equity B GEFUNDS GEEBX 12.99% GE U.S. Equity B GEFUNDS ELFNX 11.84% Elfun Trusts GEFUNDS ITVBX 11.65% GE Value Equity B GEFUNDS GSIVX 11.53% GE Instl Strategic Investment Inv GEFUNDS GEAAX 11.49% GE Aggressive Allocation GEFUNDS GAGSX 11.29% GE Aggressive Strategy GEFUNDS ELDFX 9.32% Elfun Diversified GEFUNDS GESBX 9.05% GE Strategic Investment B GEFUNDS GMALX 8.64% GE Moderate Allocation GEFUNDS GMSTX 8.33% GE Moderate Strategy GEFUNDS GCSTX 4.51% GE Conservative Strategy GEFUNDS GECAX 3.26% GE Conservative Allocation *** Section 2: PERFORMANCE OVER PAST 20 TRADING DAYS *** The SCORE Column shows the current rating (0-10) REC values are: "B" (Buy), "H" (Hold), "S" (Sell) A "?" indicates a less accurate Decomposition Funds in the "S" state are prefixed with "***". SYMBOL %GAIN SCORE REC Description ------ ----- ----- --- ----------- GEFUNDS GSVIX 9.45% 7.79 B GE Instl Small-Cap Equity Inv GEFUNDS EGLBX 9.13% 8.82 B Elfun International Equity GEFUNDS GIEIX 9.05% 8.12 B GE Instl International Equity Inv GEFUNDS GEIPX 8.57% 10.00 B GE Instl Premier Growth Equity Inv GEFUNDS ELFNX 7.63% 7.96? B? Elfun Trusts GEFUNDS GESSX 7.09% 8.84 B GE S&S Program Mutual GEFUNDS GUSIX 6.89% 9.26 B GE Instl U.S. Equity Inv GEFUNDS GEIVX 5.83% 7.35 B GE Instl Value Equity Inv GEFUNDS ELDFX 5.45% 8.02 B Elfun Diversified GEFUNDS GSIVX 5.38% 8.37 B GE Instl Strategic Investment Inv GEFUNDS GIDIX 5.08% 6.92 H GE Instl S&P 500 Index Inv GEFUNDS GEAAX 0.00% ???? ?? GE Aggressive Allocation GEFUNDS GAGSX 0.00% ???? ?? GE Aggressive Strategy GEFUNDS GCSTX 0.00% ???? ?? GE Conservative Strategy GEFUNDS GECAX 0.00% ???? ?? GE Conservative Allocation GEFUNDS GMALX 0.00% ???? ?? GE Moderate Allocation GEFUNDS GEICX 0.00% ???? ?? GE International Equity A GEFUNDS GMSTX 0.00% ???? ?? GE Moderate Strategy GEFUNDS GEGEX 0.00% ???? ?? GE Global Equity A GEFUNDS GEPBX 0.00% ???? ?? GE Premier Growth Equity B GEFUNDS GBSCX 0.00% ???? ?? GE Small-Cap Equity B GEFUNDS GEEBX 0.00% ???? ?? GE U.S. Equity B GEFUNDS GESBX 0.00% ???? ?? GE Strategic Investment B GEFUNDS ITVBX 0.00% ???? ?? GE Value Equity B Report Date: 2/04/12 Data Date: 2/03/12 ******************************************************************************** FUND FAMILY: ING Funds ******************************************************************************** *** Section 1: "Annualized" Percentage Gains *** (based on start date of 8/16/02 or inception date shown) (and ASSUMING fund is held ONLY when the MFTI-A is a buy/hold) SYMBOL %GAIN Description ------ ------- ----------------------------------- ING LETRX 33.34% ING Russia A ING NECAX 28.07% ING Emerging Countries A ING NTKLX 27.28% ING International SmallCap A ING LEXMX 27.02% ING Precious Metals A ING NSPAX 26.53% ING Small Cap Opportunities A ING AEGAX 25.82% ING Growth A ING NMCAX 23.61% ING Mid Cap Opportunities A ING IFCAX 22.51% ING Greater China A (IN:12/30/05) ING IDSOX 22.07% ING DIRECT Index Plus Small Cap O ING AISAX 22.02% ING Index Plus Small Cap A ING NLCAX 20.50% ING Large Cap Growth A ING NAWGX 20.28% ING Global Value Choice A ING IPMIX 19.82% ING VP Index Pl Mid Cap I (IN:05/10/06) ING AIMAX 19.74% ING Index Plus Mid Cap A ING IDMOX 19.72% ING DIRECT Index Plus Mid Cap O ING IPSIX 19.64% ING VP Index Pl Small Cap I (IN:05/10/06) ING IDIOX 19.41% ING DIRECT International Growth O ING AESAX 18.60% ING Small Company A ING LEXCX 18.35% ING Corporate Leaders Trust B ING IGLAX 18.14% ING Global Real Estate A ING IAFAX 18.13% ING Foreign A (IN:02/05/04) ING AAGIX 17.42% ING Growth and Income A ING PAVAX 17.41% ING Midcap Value Choice A (IN:02/01/05) ING IDROX 16.97% ING DIRECT Real Estate O (IN:02/02/05) ING IACAX 16.96% ING International Capital Appreciation A (IN:12/30/05) ING AELAX 16.56% ING Index Plus Large Cap A ING IDLOX 16.53% ING DIRECT Index Plus Large Cap O ING NIVAX 16.47% ING International Value A ING IPLIX 16.07% ING VP Index Pl Large Cap I (IN:05/10/06) ING CLARX 16.02% ING Real Estate A (IN:09/23/04) ING IIRAX 15.19% ING International Real Estate A (IN:02/28/06) ING LEXIX 15.10% ING International A ING ATNAX 13.55% ING Global Science and Technology A ING IDTOX 13.44% ING Direct Global Science and Tech O ING IMVAX 13.35% ING Midcap Value A ING IFIAX 13.18% ING Index Plus International Equity A (IN:12/30/05) ING AEIAX 13.10% ING International Growth A ING SAAAX 12.94% ING Smallcap Value Choice A (IN:02/01/05) ING IAGEX 11.73% ING Global Equity Dividend A (IN:08/25/04) ING PMCFX 10.95% ING MagnaCap A ING IVCAX 10.94% ING International Value Choice A (IN:02/01/05) ING ATAAX 10.80% ING Strategic Allocation Growth A ING AGRWX 10.53% ING Growth B ING LIXIX 10.50% ING International I (IN:11/11/04) ING IFFAX 9.12% ING Diversified International A ING NREIX 8.85% ING Disciplined LargeCap A ING IDFOX 8.71% ING DIRECT Financial Services O (IN:02/02/05) ING IFRAX 8.64% ING Fundamental Research A (IN:12/30/05) ING ATCAX 8.27% ING Strategic Allocation Moderate A ING AETAX 7.85% ING Balanced A ING ATLAX 7.12% ING Strategic Allocation Conservative A ING IOLAX 7.11% ING Opportunistic LargeCap A (IN:12/30/05) ING IVSAX 5.34% ING Smallcap Value A (IN:01/22/04) ING IDBAX 5.29% ING DIRECT Balanced O (IN:02/02/05) ING PBTAX 3.00% ING Financial Services A ING IOTAX 2.69% ING 130/30 Fundamental Research A (IN:04/28/06) ING MMGTX 2.20% ING MarketStyle Moderate Growth S2 (IN:05/10/06) ING MSMWX 1.79% ING MarketStyle Moderate S2 (IN:05/10/06) ING IVLAX -2.22% ING Large Cap Value A (IN:11/11/04) *** Section 2: PERFORMANCE OVER PAST 20 TRADING DAYS *** The SCORE Column shows the current rating (0-10) REC values are: "B" (Buy), "H" (Hold), "S" (Sell) A "?" indicates a less accurate Decomposition Funds in the "S" state are prefixed with "***". SYMBOL %GAIN SCORE REC Description ------ ----- ----- --- ----------- ING LETRX 16.82% 9.37? B? ING Russia A ING NECAX 13.56% 10.00 B ING Emerging Countries A ING IFCAX 12.91% 9.57 B ING Greater China A ING NTKLX 11.93% 10.00 B ING International SmallCap A ING IACAX 11.42% 9.42 B ING International Capital Appreciation A ING IPSIX 10.16% 10.00 B ING VP Index Pl Small Cap I ING IAFAX 10.12% 10.00 B ING Foreign A ING AISAX 10.07% 10.00 B ING Index Plus Small Cap A ING IDSOX 10.06% 10.00 B ING DIRECT Index Plus Small Cap O ING IIRAX 9.67% 10.00 B ING International Real Estate A ING NSPAX 9.47% 7.66 B ING Small Cap Opportunities A ING IFFAX 9.45% 9.62 B ING Diversified International A ING AEGAX 9.39% 5.41? H? ING Growth A ING AESAX 9.38% 6.76 H ING Small Company A ING IPMIX 9.31% 9.69 B ING VP Index Pl Mid Cap I ING AIMAX 9.30% 9.78 B ING Index Plus Mid Cap A ING IDMOX 9.28% 9.73 B ING DIRECT Index Plus Mid Cap O ING IGLAX 9.25% 10.00 B ING Global Real Estate A ING CLARX 8.77% 9.53 B ING Real Estate A ING IDROX 8.71% 9.37 B ING DIRECT Real Estate O ING IFIAX 8.39% 8.05 B ING Index Plus International Equity A ING NMCAX 8.33% 6.77 H ING Mid Cap Opportunities A ING IDIOX 8.31% 8.34 B ING DIRECT International Growth O ING NAWGX 8.19% 5.00 H ING Global Value Choice A ING NIVAX 7.45% 7.78 B ING International Value A ING NLCAX 7.22% 10.00 B ING Large Cap Growth A ING PAVAX 7.09% 5.18 H ING Midcap Value Choice A ING IDFOX 6.24% 10.00 B ING DIRECT Financial Services O ING AAGIX 6.24% 9.40 B ING Growth and Income A ING IAGEX 6.02% 9.88 B ING Global Equity Dividend A ING IVCAX 5.84% 6.80 H ING International Value Choice A ING IPLIX 5.55% 10.00 B ING VP Index Pl Large Cap I ING AELAX 5.41% 6.70 H ING Index Plus Large Cap A ING IDLOX 5.39% 6.31 H ING DIRECT Index Plus Large Cap O ING ATLAX 5.32% 9.37? B? ING Strategic Allocation Conservative A ING LEXMX 3.62% 9.30 B ING Precious Metals A ING LEXCX 2.91% 6.82 H ING Corporate Leaders Trust B ING IVSAX 1.40% 5.57? H? ING Smallcap Value A ING IFRAX 1.21% 8.53? B? ING Fundamental Research A ING NREIX 0.00% ???? ?? ING Disciplined LargeCap A ING IOLAX 0.00% ???? ?? ING Opportunistic LargeCap A ING AEIAX 0.00% ???? ?? ING International Growth A ING AETAX 0.00% ???? ?? ING Balanced A ING IDBAX 0.00% ???? ?? ING DIRECT Balanced O ING LEXIX 0.00% ???? ?? ING International A ING IOTAX 0.00% ???? ?? ING 130/30 Fundamental Research A ING ATNAX 0.00% ???? ?? ING Global Science and Technology A ING MSMWX 0.00% ???? ?? ING MarketStyle Moderate S2 ING IVLAX 0.00% ???? ?? ING Large Cap Value A ING SAAAX 0.00% ???? ?? ING Smallcap Value Choice A ING LIXIX 0.00% ???? ?? ING International I ING ATAAX 0.00% ???? ?? ING Strategic Allocation Growth A ING MMGTX 0.00% ???? ?? ING MarketStyle Moderate Growth S2 ING ATCAX 0.00% ???? ?? ING Strategic Allocation Moderate A ING AGRWX 0.00% ???? ?? ING Growth B ING IDTOX 0.00% ???? ?? ING Direct Global Science and Tech O ING PMCFX 0.00% ???? ?? ING MagnaCap A ING IMVAX 0.00% ???? ?? ING Midcap Value A ING PBTAX 0.00% ???? ?? ING Financial Services A Report Date: 2/04/12 Data Date: 2/03/12 ******************************************************************************** FUND FAMILY: Janus Funds ******************************************************************************** *** Section 1: "Annualized" Percentage Gains *** (based on start date of 8/16/02 or inception date shown) (and ASSUMING fund is held ONLY when the MFTI-A is a buy/hold) SYMBOL %GAIN Description ------ ------- ----------------------------------- JANUS JDMAX 31.38% Janus Adviser Mid Cap Growth A (IN:10/01/04) JANUS JAIGX 31.09% Janus Aspen International Grth Instl JANUS JAOSX 28.80% Janus Overseas JANUS JORNX 28.54% Janus Orion JANUS JDNAX 28.25% Janus Adviser Growth and Income A (IN:10/01/04) JANUS JAAGX 26.55% Janus Aspen Mid Cap Growth Instl JANUS JGMAX 26.47% Janus Adviser Small-Mid Growth A (IN:08/04/05) JANUS JAENX 26.41% Janus Enterprise JANUS JGLTX 26.19% Janus Aspen Global Technology Instl JANUS JAGTX 26.11% Janus Global Technology JANUS JSVAX 26.03% Janus Contrarian JANUS JCNAX 26.02% Janus Adviser Contrarian A (IN:08/04/05) JANUS JDIAX 25.68% Janus Adviser International Growth A (IN:10/01/04) JANUS JAVTX 25.67% Janus Venture JANUS JDWAX 23.91% Janus Adviser Worldwide A (IN:10/01/04) JANUS JATTX 23.41% Janus Triton (IN:02/25/05) JANUS JDSAX 23.36% Janus Adviser Small Company Value A (IN:10/01/04) JANUS JAMRX 23.21% Janus Mercury JANUS JACAX 22.46% Janus Aspen Forty Instl JANUS JDCAX 22.12% Janus Adviser Forty A (IN:10/01/04) JANUS JARFX 21.24% Janus Research (IN:02/25/05) JANUS JAVLX 20.47% Janus Twenty JANUS JORAX 20.11% Janus Adviser Orion A (IN:08/04/05) JANUS JAMVX 19.91% Janus Aspen Mid Cap Value Instl (IN:05/01/03) JANUS JDGAX 19.83% Janus Adviser Large Cap Growth A (IN:10/01/04) JANUS JAGRX 19.03% Janus Aspen Large Cap Growth Instl JANUS JANSX 18.97% Janus JANUS JAWWX 18.46% Janus Worldwide JANUS JAWGX 18.37% Janus Aspen Worldwide Growth Instl JANUS JAGIX 18.08% Janus Growth & Income JANUS JDPAX 17.62% Janus Adviser Mid Cap Value A (IN:10/01/04) JANUS JGVAX 17.39% Janus Global Opportunities JANUS JDQAX 17.27% Janus Adviser Fundamental Equity A (IN:10/01/04) JANUS JAEIX 17.12% Janus Fundamental Equity JANUS JEIIX 16.67% Janus Aspen Fundamental Equity Instl JANUS JMCVX 16.58% Janus Mid Cap Value Investor JANUS JAGLX 16.55% Janus Global Life Sciences JANUS JRMSX 15.66% INTECH Risk-Mgd Stock Fund (IN:02/28/03) JANUS JGIIX 15.46% Janus Aspen Growth & Income Instl JANUS JSPGX 14.83% Janus Smart Portfolio Growth (IN:01/09/06) JANUS JRSAX 14.70% Janus Adviser INTECH Risk-Mgd Value A (IN:01/09/06) JANUS JDRAX 14.13% Janus Adviser INTECH Risk-Mgd Growth A (IN:10/01/04) JANUS JDOAX 13.37% Janus Adviser INTECH Risk-Mgd Core A (IN:10/01/04) JANUS JGLIX 12.92% Janus Aspen Global Life Sciences Inst JANUS JSCVX 12.22% Janus Small Cap Value Inv JANUS JSPMX 11.33% Janus Smart Portfolio Moderate (IN:01/09/06) JANUS JABAX 10.22% Janus Balanced JANUS JABLX 10.10% Janus Aspen Balanced Instl JANUS JSPCX 8.01% Janus Smart Portfolio Conservative (IN:01/09/06) JANUS JDBAX 7.37% Janus Adviser Balanced A (IN:10/01/04) *** Section 2: PERFORMANCE OVER PAST 20 TRADING DAYS *** The SCORE Column shows the current rating (0-10) REC values are: "B" (Buy), "H" (Hold), "S" (Sell) A "?" indicates a less accurate Decomposition Funds in the "S" state are prefixed with "***". SYMBOL %GAIN SCORE REC Description ------ ----- ----- --- ----------- JANUS JAOSX 21.83% 6.65? H? Janus Overseas JANUS JDIAX 21.83% 6.72? H? Janus Adviser International Growth A JANUS JAIGX 20.94% 10.00 B Janus Aspen International Grth Instl JANUS JORNX 13.14% 10.00 B Janus Orion JANUS JORAX 13.14% 10.00 B Janus Adviser Orion A JANUS JGLTX 11.11% 9.45 B Janus Aspen Global Technology Instl JANUS JAGTX 11.05% 9.59 B Janus Global Technology JANUS JAVTX 10.61% 6.25? H? Janus Venture JANUS JAWGX 10.19% 10.00 B Janus Aspen Worldwide Growth Instl JANUS JAWWX 10.16% 10.00 B Janus Worldwide JANUS JDWAX 10.12% 10.00 B Janus Adviser Worldwide A JANUS JARFX 9.72% 10.00 B Janus Research JANUS JATTX 9.47% 8.56 B Janus Triton JANUS JGMAX 9.42% 8.52 B Janus Adviser Small-Mid Growth A JANUS JAAGX 9.08% 10.00 B Janus Aspen Mid Cap Growth Instl JANUS JAENX 9.06% 10.00 B Janus Enterprise JANUS JDMAX 9.03% 10.00 B Janus Adviser Mid Cap Growth A JANUS JAVLX 8.99% 5.88? H? Janus Twenty JANUS JDCAX 8.45% 10.00 B Janus Adviser Forty A JANUS JAGLX 8.24% 9.22 B Janus Global Life Sciences JANUS JACAX 7.90% 10.00 B Janus Aspen Forty Instl JANUS JAGIX 7.76% 10.00 B Janus Growth & Income JANUS JDNAX 7.76% 10.00 B Janus Adviser Growth and Income A JANUS JAGRX 7.67% 10.00 B Janus Aspen Large Cap Growth Instl JANUS JAMRX 7.63% 10.00 B Janus Mercury JANUS JANSX 7.57% 10.00 B Janus JANUS JDGAX 7.57% 10.00 B Janus Adviser Large Cap Growth A JANUS JSPGX 7.33% 8.60 B Janus Smart Portfolio Growth JANUS JSVAX 7.02% 10.00 B Janus Contrarian JANUS JCNAX 6.95% 10.00 B Janus Adviser Contrarian A JANUS JAMVX 6.47% 10.00 B Janus Aspen Mid Cap Value Instl JANUS JDPAX 6.39% 9.80 B Janus Adviser Mid Cap Value A JANUS JMCVX 6.39% 9.66 B Janus Mid Cap Value Investor JANUS JSCVX 5.87% 9.00 B Janus Small Cap Value Inv JANUS JDSAX 5.83% 9.01 B Janus Adviser Small Company Value A JANUS JDRAX 5.81% 9.39 B Janus Adviser INTECH Risk-Mgd Growth A JANUS JSPMX 5.56% 8.27 B Janus Smart Portfolio Moderate JANUS JABLX 5.47% 9.62 B Janus Aspen Balanced Instl JANUS JABAX 5.38% 5.96 H Janus Balanced JANUS JDBAX 5.38% 9.20 B Janus Adviser Balanced A JANUS JDOAX 4.91% 9.62 B Janus Adviser INTECH Risk-Mgd Core A JANUS JRMSX 4.91% 8.65 B INTECH Risk-Mgd Stock Fund JANUS JSPCX 3.88% 7.63? B? Janus Smart Portfolio Conservative JANUS JRSAX 3.65% 10.00 B Janus Adviser INTECH Risk-Mgd Value A JANUS JGVAX 3.06% 6.62? H? Janus Global Opportunities JANUS JEIIX 0.00% ???? ?? Janus Aspen Fundamental Equity Instl JANUS JAEIX 0.00% ???? ?? Janus Fundamental Equity JANUS JGIIX 0.00% ???? ?? Janus Aspen Growth & Income Instl JANUS JDQAX 0.00% ???? ?? Janus Adviser Fundamental Equity A JANUS JGLIX 0.00% ???? ?? Janus Aspen Global Life Sciences Inst Report Date: 2/04/12 Data Date: 2/03/12 ******************************************************************************** FUND FAMILY: Morgan Stanley Funds ******************************************************************************** *** Section 1: "Annualized" Percentage Gains *** (based on start date of 8/16/02 or inception date shown) (and ASSUMING fund is held ONLY when the MFTI-A is a buy/hold) SYMBOL %GAIN Description ------ ------- ----------------------------------- MSDW MMKBX 28.72% Morgan Stanley Inst Emerging Mkts B MSDW MPEGX 28.22% Morgan Stanley Inst Mid Cap Growth MSDW CPOBX 27.76% Morgan Stanley Cap Opportunities B MSDW DGRBX 26.30% Morgan Stanley Developing Gr Secs B MSDW SMPBX 25.88% Morgan Stanley Special Growth B MSDW TGRBX 25.37% Morgan Stanley Pacific Growth B MSDW MSSMX 24.31% Morgan Stanley Inst Small Co Gr B MSDW MAEBX 24.01% Morgan Stanley Inst Focus Equity B MSDW IFOBX 23.66% Morgan Stanley Technology B MSDW MSEGX 23.05% Morgan Stanley Inst U.S. Lrg Cap Grwth B MSDW MPMIX 22.07% Morgan Stanley Inst US Md Cp Value Inv MSDW IERBX 21.79% Morgan Stanley Inst Intl Real Estate B MSDW AMOBX 21.14% Morgan Stanley Focus Growth B MSDW VADBX 20.50% Morgan Stanley Equally-Wtd S&P 500 B MSDW MPSCX 20.46% Morgan Stanley Inst US Sm Cp Value Inst MSDW INLBX 20.15% Morgan Stanley International B MSDW GADBX 19.41% Morgan Stanley Global Advantage B MSDW MSIBX 18.79% Morgan Stanley Inst Act Intl Alloc B MSDW EUGBX 18.78% Morgan Stanley European Equity B MSDW SPIBX 18.38% Morgan Stanley S&P 500 Index B MSDW VLUBX 17.54% Morgan Stanley Value B MSDW JBJBX 17.09% Morgan Stanley Sm-Md Spec Val B (IN:08/30/02) MSDW IVABX 16.53% Morgan Stanley Inst Lrg Cap Rel Val B MSDW MPVLX 16.22% Morgan Stanley Inst Value MSDW MDFBX 15.61% Morgan Stanley Mid Cap Value B MSDW MUSDX 14.97% Morgan Stanley Inst US Real Estate B MSDW NREBX 14.67% Morgan Stanley Natural Resource Dev B MSDW MSISX 14.28% Morgan Stanley Inst Intl Small Cap A MSDW GLBBX 14.05% Morgan Stanley Global Div Gr Secs B MSDW SVFBX 13.28% Morgan Stanley Special Value B MSDW MNWBX 13.18% Morgan Stanley Inst Intl Growth Equity B (IN:12/27/05) MSDW MPBAX 13.09% Morgan Stanley Inst Balanced MSDW NSQBX 12.63% Morgan Stanley Nasdaq 100 Index B MSDW UTLBX 12.35% Morgan Stanley Utilities B MSDW IVQBX 12.17% Morgan Stanley Intl Value Equity B MSDW MIQBX 11.19% Morgan Stanley Inst International EqB MSDW FVFBX 10.85% Morgan Stanley Fundamental Value B (IN:02/07/03) MSDW MIGEX 10.63% Morgan Stanley Inst Global Value Eq B MSDW MSFBX 10.57% Morgan Stanley Inst Glb Franchise B MSDW BGRBX 10.45% Morgan Stanley Balanced B MSDW TMIBX 10.14% Morgan Stanley Total Market Index B MSDW MIMBX 9.83% Morgan Stanley Inst Intl Magnum B MSDW REFBX 9.81% Morgan Stanley Real Estate B MSDW SRTBX 9.57% Morgan Stanley Strategist B MSDW MAFBX 7.48% Morgan Stanley Multi-Asset B MSDW JPNBX 7.27% Morgan Stanley Japan B MSDW HCRBX 3.64% Morgan Stanley Health Sciences B MSDW DIVBX 2.96% Morgan Stanley Dividend Growth Secs B MSDW ISMBX 2.15% Morgan Stanley Intl Small Cap B MSDW ALRBX 1.97% Morgan Stanley Allocator B (IN:04/08/03) MSDW MYCBX 1.97% Morgan Stanley Inst Sys Act LgCp Cr B (IN:04/28/06) MSDW MYWBX 1.95% Morgan Stanley Inst Sys Act SmCp Gr B (IN:04/28/06) MSDW MYSBX 0.78% Morgan Stanley Inst Sys Act SmCp Cr B (IN:04/28/06) MSDW MYMBX -0.73% Morgan Stanley Inst Sys Act SmCp Vl B (IN:04/28/06) MSDW FSVBX -0.81% Morgan Stanley Financial Services B MSDW MQUIX -2.80% Morgan Stanley Inst Equities Plus I (IN:04/26/06) *** Section 2: PERFORMANCE OVER PAST 20 TRADING DAYS *** The SCORE Column shows the current rating (0-10) REC values are: "B" (Buy), "H" (Hold), "S" (Sell) A "?" indicates a less accurate Decomposition Funds in the "S" state are prefixed with "***". SYMBOL %GAIN SCORE REC Description ------ ----- ----- --- ----------- MSDW IERBX 12.07% 9.24 B Morgan Stanley Inst Intl Real Estate B MSDW MSISX 11.57% 10.00 B Morgan Stanley Inst Intl Small Cap A MSDW IFOBX 11.55% 10.00 B Morgan Stanley Technology B MSDW MSSMX 11.49% 8.22 B Morgan Stanley Inst Small Co Gr B MSDW MMKBX 10.74% 8.32 B Morgan Stanley Inst Emerging Mkts B MSDW MPEGX 10.49% 6.57 H Morgan Stanley Inst Mid Cap Growth MSDW DGRBX 10.33% 5.35? H? Morgan Stanley Developing Gr Secs B MSDW CPOBX 9.82% 9.20 B Morgan Stanley Cap Opportunities B MSDW MUSDX 9.46% 9.37 B Morgan Stanley Inst US Real Estate B MSDW MSEGX 9.35% 8.76 B Morgan Stanley Inst U.S. Lrg Cap Grwth B MSDW EUGBX 9.29% 8.23 B Morgan Stanley European Equity B MSDW AMOBX 9.02% 8.25 B Morgan Stanley Focus Growth B MSDW MAEBX 8.91% 8.90 B Morgan Stanley Inst Focus Equity B MSDW TGRBX 8.77% 10.00 B Morgan Stanley Pacific Growth B MSDW IVQBX 7.95% 9.76 B Morgan Stanley Intl Value Equity B MSDW MIQBX 7.88% 7.95 B Morgan Stanley Inst International EqB MSDW MSIBX 7.36% 8.87 B Morgan Stanley Inst Act Intl Alloc B MSDW INLBX 7.34% 10.00 B Morgan Stanley International B MSDW VADBX 6.98% 10.00 B Morgan Stanley Equally-Wtd S&P 500 B MSDW SRTBX 5.73% 5.17? H? Morgan Stanley Strategist B MSDW SPIBX 5.02% 10.00 B Morgan Stanley S&P 500 Index B MSDW MSFBX 4.12% 8.19? B? Morgan Stanley Inst Glb Franchise B MSDW MPBAX 3.99% 9.38 B Morgan Stanley Inst Balanced MSDW UTLBX 2.64% 6.38? H? Morgan Stanley Utilities B MSDW FSVBX 0.00% ???? ?? Morgan Stanley Financial Services B MSDW MNWBX 0.00% ???? ?? Morgan Stanley Inst Intl Growth Equity B MSDW BGRBX 0.00% ???? ?? Morgan Stanley Balanced B MSDW ALRBX 0.00% ???? ?? Morgan Stanley Allocator B MSDW MPMIX 0.00% ???? ?? Morgan Stanley Inst US Md Cp Value Inv MSDW IVABX 0.00% ???? ?? Morgan Stanley Inst Lrg Cap Rel Val B MSDW MIMBX 0.00% ???? ?? Morgan Stanley Inst Intl Magnum B MSDW GADBX 0.00% 6.82? H? Morgan Stanley Global Advantage B MSDW MYCBX 0.00% ???? ?? Morgan Stanley Inst Sys Act LgCp Cr B MSDW DIVBX 0.00% ???? ?? Morgan Stanley Dividend Growth Secs B MSDW MYSBX 0.00% ???? ?? Morgan Stanley Inst Sys Act SmCp Cr B MSDW HCRBX 0.00% ???? ?? Morgan Stanley Health Sciences B MSDW MQUIX 0.00% ???? ?? Morgan Stanley Inst Equities Plus I MSDW MDFBX 0.00% ???? ?? Morgan Stanley Mid Cap Value B MSDW MYMBX 0.00% ???? ?? Morgan Stanley Inst Sys Act SmCp Vl B MSDW MPSCX 0.00% ???? ?? Morgan Stanley Inst US Sm Cp Value Inst MSDW GLBBX 0.00% ???? ?? Morgan Stanley Global Div Gr Secs B MSDW MPVLX 0.00% ???? ?? Morgan Stanley Inst Value MSDW MIGEX 0.00% ???? ?? Morgan Stanley Inst Global Value Eq B MSDW MYWBX 0.00% ???? ?? Morgan Stanley Inst Sys Act SmCp Gr B MSDW JBJBX 0.00% ???? ?? Morgan Stanley Sm-Md Spec Val B MSDW ISMBX 0.00% ???? ?? Morgan Stanley Intl Small Cap B MSDW MAFBX 0.00% ???? ?? Morgan Stanley Multi-Asset B MSDW REFBX 0.00% 10.00 B Morgan Stanley Real Estate B MSDW NSQBX 0.00% ???? ?? Morgan Stanley Nasdaq 100 Index B MSDW JPNBX 0.00% ???? ?? Morgan Stanley Japan B MSDW NREBX 0.00% ???? ?? Morgan Stanley Natural Resource Dev B MSDW VLUBX 0.00% 7.20? B? Morgan Stanley Value B MSDW SVFBX 0.00% ???? ?? Morgan Stanley Special Value B MSDW SMPBX 0.00% 10.00 B Morgan Stanley Special Growth B MSDW TMIBX 0.00% ???? ?? Morgan Stanley Total Market Index B MSDW FVFBX 0.00% ???? ?? Morgan Stanley Fundamental Value B Report Date: 2/04/12 Data Date: 2/03/12 ******************************************************************************** FUND FAMILY: Oppenheimer Funds ******************************************************************************** *** Section 1: "Annualized" Percentage Gains *** (based on start date of 8/16/02 or inception date shown) (and ASSUMING fund is held ONLY when the MFTI-A is a buy/hold) SYMBOL %GAIN Description ------ ------- ----------------------------------- OPPEN OSMBX 31.92% Oppenheimer International Small Co B OPPEN ODVBX 31.26% Oppenheimer Developing Markets B OPPEN OGMBX 28.01% Oppenheimer Gold & Special Minerals B OPPEN OGGIX 27.13% Oppenheimer Global Opportunities B OPPEN IGRWX 26.94% Oppenheimer International Growth B OPPEN OEGBX 25.82% Oppenheimer Emerging Growth B OPPEN ODIBX 24.52% Oppenheimer Discovery B OPPEN OPMBX 23.38% Oppenheimer Main St Small Cap B OPPEN QSCBX 21.57% Oppenheimer Small & Mid Cap Value B OPPEN OGLBX 21.01% Oppenheimer Global B OPPEN OREBX 20.62% Oppenheimer Real Estate B (IN:10/09/03) OPPEN OTGBX 19.01% Oppenheimer Capital Appreciation B OPPEN CGRBX 18.75% Oppenheimer Value B OPPEN OIDBX 18.64% Oppenheimer International Diversified B (IN:10/07/05) OPPEN QIVBX 18.24% Oppenheimer Quest International Value B OPPEN OMOBX 17.72% Oppenheimer Main St Opportunity B OPPEN OETBX 17.38% Oppenheimer Emerging Technologies B OPPEN OSVBX 17.34% Oppenheimer Select Value B (IN:03/05/04) OPPEN OBAIX 17.13% Oppenheimer Port Series Agg Inv B (IN:04/06/05) OPPEN OMSBX 16.14% Oppenheimer Main Street B OPPEN OEQBX 14.34% Oppenheimer Equity B OPPEN QGRBX 13.88% Oppenheimer Quest Balanced B OPPEN OENBX 13.78% Oppenheimer Enterprise B OPPEN OAABX 12.83% Oppenheimer Port Series Active Alloc B (IN:04/05/05) OPPEN OMDBX 12.77% Oppenheimer MidCap B OPPEN OBMIX 9.92% Oppenheimer Port Series Moderate Inv B (IN:04/05/05) OPPEN OASBX 9.36% Oppenheimer Balanced B OPPEN OPEBX 9.25% Oppenheimer Capital Income B OPPEN OPSBX 9.20% Oppenheimer Growth B OPPEN QCVBX 8.13% Oppenheimer Quest Capital Value B OPPEN OBCIX 6.74% Oppenheimer Port Series Conserv Inv B (IN:04/05/05) OPPEN QFVBX 6.49% Oppenheimer Quest Value B OPPEN OIVBX 6.11% Oppenheimer International Value B (IN:05/07/04) OPPEN QOPBX 5.37% Oppenheimer Quest Opportunity Value B OPPEN QRABX 5.32% Oppenheimer Real Asset B OPPEN OBPPX 3.86% Oppenheimer Principal Prot Main St B (IN:07/22/03) OPPEN OBDGX 2.41% Oppenheimer Dividend Growth B (IN:05/04/05) OPPEN OBPRX 2.37% Oppenheimer Principal Prot Main St III B (IN:10/08/04) OPPEN OBPMX 1.26% Oppenheimer Principal Prot Main St II B (IN:03/03/04) *** Section 2: PERFORMANCE OVER PAST 20 TRADING DAYS *** The SCORE Column shows the current rating (0-10) REC values are: "B" (Buy), "H" (Hold), "S" (Sell) A "?" indicates a less accurate Decomposition Funds in the "S" state are prefixed with "***". SYMBOL %GAIN SCORE REC Description ------ ----- ----- --- ----------- OPPEN OGGIX 13.27% 9.52 B Oppenheimer Global Opportunities B OPPEN ODVBX 11.39% 10.00 B Oppenheimer Developing Markets B OPPEN OPMBX 10.31% 10.00 B Oppenheimer Main St Small Cap B OPPEN ODIBX 9.46% 5.44? H? Oppenheimer Discovery B OPPEN OREBX 8.74% 9.60 B Oppenheimer Real Estate B OPPEN IGRWX 8.71% 9.55 B Oppenheimer International Growth B OPPEN QIVBX 8.48% 8.26 B Oppenheimer Quest International Value B OPPEN OIDBX 8.47% 9.49 B Oppenheimer International Diversified B OPPEN OSMBX 8.07% 8.72? B? Oppenheimer International Small Co B OPPEN OGLBX 7.80% 10.00 B Oppenheimer Global B OPPEN OBAIX 7.62% 10.00 B Oppenheimer Port Series Agg Inv B OPPEN OEGBX 7.61% 8.96 B Oppenheimer Emerging Growth B OPPEN OGMBX 7.32% 5.00? H? Oppenheimer Gold & Special Minerals B OPPEN OTGBX 6.38% 9.10 B Oppenheimer Capital Appreciation B OPPEN OSVBX 6.19% 10.00 B Oppenheimer Select Value B OPPEN OEQBX 5.87% 9.58 B Oppenheimer Equity B OPPEN OAABX 5.55% 9.42 B Oppenheimer Port Series Active Alloc B OPPEN QSCBX 5.55% 10.00 B Oppenheimer Small & Mid Cap Value B OPPEN QGRBX 5.36% 7.51 B Oppenheimer Quest Balanced B OPPEN CGRBX 5.34% 10.00 B Oppenheimer Value B OPPEN OMOBX 4.95% 7.21 B Oppenheimer Main St Opportunity B OPPEN OMSBX 4.94% 9.87 B Oppenheimer Main Street B OPPEN OBMIX 4.44% 8.57 B Oppenheimer Port Series Moderate Inv B OPPEN OBCIX 3.03% 8.99? B? Oppenheimer Port Series Conserv Inv B OPPEN OPEBX 2.38% 5.84? H? Oppenheimer Capital Income B OPPEN OBPRX 1.25% 8.04? B? Oppenheimer Principal Prot Main St III B OPPEN QOPBX 0.87% 3.60? S? *** Oppenheimer Quest Opportunity Value B OPPEN QRABX 0.59% 4.53? S? *** Oppenheimer Real Asset B OPPEN OPSBX 0.00% ???? ?? Oppenheimer Growth B OPPEN OBPMX 0.00% ???? ?? Oppenheimer Principal Prot Main St II B OPPEN OBDGX 0.00% ???? ?? Oppenheimer Dividend Growth B OPPEN QCVBX 0.00% ???? ?? Oppenheimer Quest Capital Value B OPPEN OMDBX 0.00% ???? ?? Oppenheimer MidCap B OPPEN OBPPX 0.00% ???? ?? Oppenheimer Principal Prot Main St B OPPEN OETBX 0.00% ???? ?? Oppenheimer Emerging Technologies B OPPEN OIVBX 0.00% ???? ?? Oppenheimer International Value B OPPEN OENBX 0.00% ???? ?? Oppenheimer Enterprise B OPPEN QFVBX 0.00% ???? ?? Oppenheimer Quest Value B OPPEN OASBX 0.00% ???? ?? Oppenheimer Balanced B Report Date: 2/04/12 Data Date: 2/03/12 ******************************************************************************** FUND FAMILY: ProFunds ******************************************************************************** *** Section 1: "Annualized" Percentage Gains *** (based on start date of 8/16/02 or inception date shown) (and ASSUMING fund is held ONLY when the MFTI-A is a buy/hold) SYMBOL %GAIN Description ------ ------- ----------------------------------- PROFUNDS WCPIX 58.79% Profunds UltraSector Mobile Telecomm Inv PROFUNDS UAPIX 55.53% ProFunds UltraSmall Cap Inv PROFUNDS INPIX 54.46% ProFunds Internet UltraSector Inv PROFUNDS UMPIX 51.36% ProFunds UltraMid Cap Inv PROFUNDS UOPIX 49.60% ProFunds UltraOTC Inv PROFUNDS BMPIX 47.56% ProFunds Basic Materials UltraSector Inv PROFUNDS ENPIX 41.35% Profunds UltraSector Oil & Gas Inv PROFUNDS UUPIX 40.91% ProFunds UltraEmerging Markets Inv (IN:04/25/06) PROFUNDS ULPIX 36.90% ProFunds UltraBull Inv PROFUNDS TEPIX 35.45% ProFunds Technology UltraSector Inv PROFUNDS SMPIX 35.14% ProFunds Semiconductor UltraSector Inv PROFUNDS UDPIX 35.04% ProFunds Ultra Dow 30 Inv PROFUNDS IDPIX 33.68% ProFunds Industrial Ultra Sector Inv (IN:02/05/04) PROFUNDS PMPIX 30.92% ProFunds Precious Metals UltraSector Inv PROFUNDS REPIX 29.24% ProFunds Real Estate UltraSector Inv PROFUNDS UNPIX 27.72% ProFunds Ultra International Inv (IN:04/25/06) PROFUNDS SVPIX 26.49% ProFunds Small Cap Value Inv PROFUNDS SLPIX 26.29% ProFunds Small Cap Inv **BEAR** UKPIX 26.26% ProFunds UltraShort Japan Inv (IN:03/29/06) PROFUNDS FNPIX 26.07% Profunds UltraSector Financials Inv PROFUNDS SGPIX 24.64% ProFunds Small Cap Growth Inv PROFUNDS MDPIX 24.42% ProFunds Mid Cap Inv PROFUNDS CYPIX 24.04% ProFunds Consumer Services Ultra Sec Inv (IN:02/05/04) PROFUNDS MLPIX 23.83% ProFunds Mid Cap Value Inv PROFUNDS MGPIX 23.14% ProFunds Mid Cap Growth Inv PROFUNDS OTPIX 22.79% ProFunds OTC Inv PROFUNDS BIPIX 22.64% ProFunds Biotechnology UltraSector Inv PROFUNDS UEPIX 21.15% ProFunds Europe 30 Inv PROFUNDS BKPIX 21.00% ProFunds Banks UltraSector Inv PROFUNDS UTPIX 20.15% ProFunds Utilities UltraSector Inv PROFUNDS UJPIX 19.43% ProFunds UltraJapan Inv PROFUNDS LVPIX 18.33% ProFunds Large Cap Value Inv (IN:10/11/02) PROFUNDS BLPIX 18.20% ProFunds Bull Inv PROFUNDS CNPIX 17.99% ProFunds Consumer Goods UltraSector Inv (IN:02/05/04) PROFUNDS TCPIX 16.33% ProFunds Telecom UltraSector Inv PROFUNDS HCPIX 15.37% Profunds UltraSector Health Care Inv PROFUNDS LGPIX 15.13% ProFunds Large Cap Growth Inv (IN:10/11/02) **BEAR** UXPIX 14.35% ProFunds UltraShort Intl Inv (IN:04/25/06) **BEAR** URPIX 14.18% ProFunds UltraBear Inv **BEAR** UCPIX 12.63% ProFunds UltraShort Small-Cap Inv (IN:02/05/04) **BEAR** UIPIX 12.16% ProFunds UltraShort Mid-Cap Inv (IN:02/05/04) **BEAR** USPIX 11.47% ProFunds UltraShort OTC Inv **BEAR** UWPIX 9.39% ProFunds UltraShort Dow 30 Inv (IN:08/10/04) **BEAR** SHPIX 9.00% ProFunds Short Small Cap Inv **BEAR** BRPIX 8.71% ProFunds Bear Inv **BEAR** SRPIX 8.20% ProFunds Short Real Estate Inv (IN:09/14/05) **BEAR** UVPIX 8.08% ProFunds UltraShort Emkt Inv (IN:04/25/06) **BEAR** SOPIX 7.53% ProFunds Short OTC Inv PROFUNDS PHPIX 7.40% ProFunds Pharmaceuticals UltraSector Inv **BEAR** SNPIX 4.18% ProFunds Short Oil & Gas Inv (IN:09/14/05) **BEAR** SPPIX 0.08% Profunds Short Precious Metals Inv (IN:01/09/06) *** Section 2: PERFORMANCE OVER PAST 20 TRADING DAYS *** The SCORE Column shows the current rating (0-10) REC values are: "B" (Buy), "H" (Hold), "S" (Sell) A "?" indicates a less accurate Decomposition Funds in the "S" state are prefixed with "***". SYMBOL %GAIN SCORE REC Description ------ ----- ----- --- ----------- PROFUNDS UUPIX 23.75% 9.65 B ProFunds UltraEmerging Markets Inv PROFUNDS UAPIX 21.68% 9.26 B ProFunds UltraSmall Cap Inv PROFUNDS BIPIX 21.14% 8.60 B ProFunds Biotechnology UltraSector Inv PROFUNDS UMPIX 18.47% 9.25 B ProFunds UltraMid Cap Inv PROFUNDS UNPIX 17.54% 10.00 B ProFunds Ultra International Inv PROFUNDS SMPIX 16.07% 9.88 B ProFunds Semiconductor UltraSector Inv PROFUNDS UOPIX 15.75% 9.58 B ProFunds UltraOTC Inv PROFUNDS BMPIX 15.66% 9.07 B ProFunds Basic Materials UltraSector Inv PROFUNDS BKPIX 13.67% 9.62 B ProFunds Banks UltraSector Inv PROFUNDS REPIX 13.51% 9.19 B ProFunds Real Estate UltraSector Inv PROFUNDS FNPIX 13.42% 9.47 B Profunds UltraSector Financials Inv PROFUNDS TEPIX 12.74% 9.74 B ProFunds Technology UltraSector Inv PROFUNDS WCPIX 12.72% 8.60? B? Profunds UltraSector Mobile Telecomm Inv PROFUNDS IDPIX 12.63% 9.18 B ProFunds Industrial Ultra Sector Inv PROFUNDS INPIX 12.47% 8.34? B? ProFunds Internet UltraSector Inv PROFUNDS SVPIX 10.70% 8.81 B ProFunds Small Cap Value Inv PROFUNDS SLPIX 10.33% 9.65 B ProFunds Small Cap Inv PROFUNDS UJPIX 10.12% 8.44? B? ProFunds UltraJapan Inv PROFUNDS ULPIX 10.12% 8.97 B ProFunds UltraBull Inv PROFUNDS MGPIX 9.29% 9.42 B ProFunds Mid Cap Growth Inv PROFUNDS SGPIX 9.01% 9.66 B ProFunds Small Cap Growth Inv PROFUNDS PMPIX 8.99% 5.24 H ProFunds Precious Metals UltraSector Inv PROFUNDS MDPIX 8.86% 10.00 B ProFunds Mid Cap Inv PROFUNDS CYPIX 8.49% 10.00 B ProFunds Consumer Services Ultra Sec Inv PROFUNDS MLPIX 8.40% 9.00 B ProFunds Mid Cap Value Inv PROFUNDS OTPIX 7.54% 8.99 B ProFunds OTC Inv PROFUNDS UDPIX 7.36% 9.81 B ProFunds Ultra Dow 30 Inv PROFUNDS UEPIX 6.55% 10.00 B ProFunds Europe 30 Inv PROFUNDS HCPIX 6.24% 8.93 B Profunds UltraSector Health Care Inv PROFUNDS LVPIX 5.43% 9.42 B ProFunds Large Cap Value Inv PROFUNDS BLPIX 4.97% 9.55 B ProFunds Bull Inv PROFUNDS LGPIX 4.57% 9.60 B ProFunds Large Cap Growth Inv PROFUNDS ENPIX 3.37% 9.92 B Profunds UltraSector Oil & Gas Inv PROFUNDS CNPIX 3.12% 9.53 B ProFunds Consumer Goods UltraSector Inv PROFUNDS TCPIX 1.41% 6.60? H? ProFunds Telecom UltraSector Inv PROFUNDS PHPIX -1.05% 6.59 H ProFunds Pharmaceuticals UltraSector Inv PROFUNDS UTPIX -1.52% 5.45 H ProFunds Utilities UltraSector Inv **BEAR** SNPIX -2.72% *BEAR* S *** ProFunds Short Oil & Gas Inv **BEAR** BRPIX -5.06% *BEAR* S *** ProFunds Bear Inv **BEAR** SPPIX -6.31% *BEAR* S *** Profunds Short Precious Metals Inv **BEAR** UWPIX -7.38% *BEAR* S *** ProFunds UltraShort Dow 30 Inv **BEAR** SOPIX -7.53% *BEAR* S *** ProFunds Short OTC Inv **BEAR** SRPIX -8.58% *BEAR* S *** ProFunds Short Real Estate Inv **BEAR** SHPIX -9.81% *BEAR* S *** ProFunds Short Small Cap Inv **BEAR** URPIX -10.08% *BEAR* S *** ProFunds UltraBear Inv **BEAR** UKPIX -10.23% *BEAR* S *** ProFunds UltraShort Japan Inv **BEAR** USPIX -14.20% *BEAR* S *** ProFunds UltraShort OTC Inv **BEAR** UXPIX -15.88% *BEAR* S *** ProFunds UltraShort Intl Inv **BEAR** UIPIX -16.25% *BEAR* S *** ProFunds UltraShort Mid-Cap Inv **BEAR** UCPIX -18.94% *BEAR* S *** ProFunds UltraShort Small-Cap Inv **BEAR** UVPIX -20.32% *BEAR* S *** ProFunds UltraShort Emkt Inv Report Date: 2/04/12 Data Date: 2/03/12 ******************************************************************************** FUND FAMILY: Putnam Funds ******************************************************************************** *** Section 1: "Annualized" Percentage Gains *** (based on start date of 8/16/02 or inception date shown) (and ASSUMING fund is held ONLY when the MFTI-A is a buy/hold) SYMBOL %GAIN Description ------ ------- ----------------------------------- PUTNAM PVNBX 29.39% Putnam International Capital Opp B PUTNAM PINWX 22.30% Putnam International New Opport B PUTNAM POPBX 22.29% Putnam Capital Opportunities B PUTNAM PNRBX 21.99% Putnam Global Natural Resources B PUTNAM PVTBX 21.75% Putnam Vista B PUTNAM PEQBX 21.54% Putnam Global Equity B PUTNAM PNOBX 21.38% Putnam New Opportunities B PUTNAM PNSBX 20.57% Putnam Small Cap Growth B (IN:06/25/04) PUTNAM PVOBX 20.51% Putnam Voyager B PUTNAM PMVBX 20.49% Putnam Mid Cap Value B PUTNAM PNVBX 19.75% Putnam Investors B PUTNAM PRFBX 19.59% Putnam Research B PUTNAM PEUBX 19.26% Putnam Europe Equity B PUTNAM PGNBX 19.09% Putnam International Growth & Inc B PUTNAM PSLBX 18.68% Putnam Small Cap Value B PUTNAM PAEBX 18.11% Putnam Asset Allocation: Growth B PUTNAM POGBX 18.02% Putnam Growth Opportunities B PUTNAM PEQNX 17.38% Putnam Equity Income B PUTNAM POVBX 17.36% Putnam International Equity B PUTNAM PGIBX 15.48% Putnam Fund for Growth & Income B PUTNAM PUTBX 13.66% Putnam Utilities Growth & Income B PUTNAM POTBX 13.32% Putnam OTC Emerging Growth B PUTNAM PABBX 13.05% Putnam Asset Allocation: Balanced B PUTNAM PVYBX 11.63% Putnam Discovery Growth B PUTNAM PGEBX 10.04% George Putnam Fund of Boston B PUTNAM PBTSX 9.96% Putnam Tax Smart Equity B PUTNAM PCABX 9.79% Putnam Capital Appreciation B PUTNAM PGIIX 8.36% Putnam Classic Equity B PUTNAM PBNVX 8.03% Putnam New Value B PUTNAM PACBX 6.96% Putnam Asset Allocation: Conserv B PUTNAM PHSBX 4.16% Putnam Health Sciences B *** Section 2: PERFORMANCE OVER PAST 20 TRADING DAYS *** The SCORE Column shows the current rating (0-10) REC values are: "B" (Buy), "H" (Hold), "S" (Sell) A "?" indicates a less accurate Decomposition Funds in the "S" state are prefixed with "***". SYMBOL %GAIN SCORE REC Description ------ ----- ----- --- ----------- PUTNAM PVNBX 12.44% 10.00 B Putnam International Capital Opp B PUTNAM PNSBX 11.25% 10.00 B Putnam Small Cap Growth B PUTNAM PVOBX 11.17% 10.00 B Putnam Voyager B PUTNAM POPBX 10.85% 10.00 B Putnam Capital Opportunities B PUTNAM PINWX 10.39% 7.31 B Putnam International New Opport B PUTNAM PEUBX 10.34% 7.97 B Putnam Europe Equity B PUTNAM PSLBX 10.13% 7.90 B Putnam Small Cap Value B PUTNAM POVBX 10.05% 6.86 H Putnam International Equity B PUTNAM PNOBX 9.64% 10.00 B Putnam New Opportunities B PUTNAM PGNBX 9.06% 6.87 H Putnam International Growth & Inc B PUTNAM POGBX 8.81% 10.00 B Putnam Growth Opportunities B PUTNAM PNRBX 8.03% 8.58 B Putnam Global Natural Resources B PUTNAM PEQBX 7.74% 8.10 B Putnam Global Equity B PUTNAM PMVBX 7.47% 8.13 B Putnam Mid Cap Value B PUTNAM PAEBX 6.66% 10.00 B Putnam Asset Allocation: Growth B PUTNAM PGIBX 6.40% 10.00 B Putnam Fund for Growth & Income B PUTNAM PEQNX 6.34% 9.76 B Putnam Equity Income B PUTNAM PHSBX 5.98% 5.45? H? Putnam Health Sciences B PUTNAM PNVBX 5.78% 10.00 B Putnam Investors B PUTNAM PRFBX 5.61% 10.00 B Putnam Research B PUTNAM PABBX 5.22% 8.99 B Putnam Asset Allocation: Balanced B PUTNAM PGEBX 3.49% 8.95 B George Putnam Fund of Boston B PUTNAM PACBX 3.18% 6.46 H Putnam Asset Allocation: Conserv B PUTNAM PUTBX 1.10% 5.83? H? Putnam Utilities Growth & Income B PUTNAM PBTSX 0.00% ???? ?? Putnam Tax Smart Equity B PUTNAM PCABX 0.00% ???? ?? Putnam Capital Appreciation B PUTNAM POTBX 0.00% ???? ?? Putnam OTC Emerging Growth B PUTNAM PGIIX 0.00% ???? ?? Putnam Classic Equity B PUTNAM PVTBX 0.00% ???? ?? Putnam Vista B PUTNAM PBNVX 0.00% ???? ?? Putnam New Value B PUTNAM PVYBX 0.00% ???? ?? Putnam Discovery Growth B Report Date: 2/04/12 Data Date: 2/03/12 ******************************************************************************** FUND FAMILY: Rydex Funds ******************************************************************************** *** Section 1: "Annualized" Percentage Gains *** (based on start date of 8/16/02 or inception date shown) (and ASSUMING fund is held ONLY when the MFTI-A is a buy/hold) SYMBOL %GAIN Description ------ ------- ----------------------------------- RYDEX RYRUX 116.90% Rydex Dynamic Russell 2000 A (IN:06/01/06) RYDEX RYLVX 51.61% Rydex Large-Cap Value A (IN:06/21/05) RYDEX RYVYX 48.98% Rydex Dynamic OTC H RYDEX RYMKX 41.73% Rydex Russell 2000 Advantage H RYDEX RYTNX 37.20% Rydex Dynamic S&P 500 H RYDEX RYMDX 36.34% Rydex Mid-Cap Advantage H RYDEX RYVIX 36.17% Rydex Energy Services Inv RYDEX RYBIX 32.44% Rydex Basic Materials Inv RYDEX RYLDX 30.52% Rydex Dynamic Dow A (IN:06/21/05) RYDEX RYIIX 30.43% Rydex Internet Inv RYDEX RYEIX 29.93% Rydex Energy Inv RYDEX RYNVX 27.12% Rydex Nova Inv RYDEX RYPMX 26.91% Rydex Precious Metals Inv RYDEX RYLIX 26.04% Rydex Leisure Inv RYDEX RYTIX 25.74% Rydex Technology Inv RYDEX RYSIX 25.55% Rydex Electronics Inv RYDEX RYWAX 25.53% Rydex Small Cap Growth H (IN:05/14/04) RYDEX RYOCX 24.64% Rydex OTC Inv RYDEX RYAVX 24.35% Rydex Mid Cap Value H (IN:03/15/04) RYDEX RYAZX 24.29% Rydex Small Cap Value H (IN:04/22/04) RYDEX RYBHX 24.18% Rydex Mid Cap Growth H (IN:07/01/04) RYDEX RYPIX 23.15% Rydex Transportation Inv RYDEX RYRRX 23.07% Rydex Russell 2000 A (IN:06/01/06) RYDEX RYEUX 22.04% Rydex Europe Advantage H RYDEX RYOIX 21.66% Rydex Biotechnology Inv RYDEX RYRIX 21.36% Rydex Retailing Inv RYDEX RYMIX 21.26% Rydex Telecommunications Inv RYDEX RYSRX 20.83% Rydex Sector Rotation H RYDEX RYFIX 18.71% Rydex Financial Services Inv RYDEX RYAWX 18.59% Rydex Large Cap Growth H (IN:06/18/04) RYDEX RYHRX 17.99% Rydex Real Estate H (IN:03/15/04) RYDEX RYSPX 16.37% Rydex S&P 500 H (IN:06/01/06) RYDEX RYKIX 15.20% Rydex Banking Inv **BEAR** RYTPX 14.67% Rydex Inverse Dynamic S&P 500 H RYDEX RYHIX 14.46% Rydex Health Care Inv **BEAR** RYIDX 13.40% Rydex Inverse Dynamic Dow A (IN:06/21/05) RYDEX RYUIX 12.88% Rydex Utilities Inv **BEAR** RYIUX 12.81% Rydex Inverse Dynamic Russell 2000 A (IN:06/01/06) RYDEX RYCIX 11.70% Rydex Consumer Products Inv RYDEX RYGGX 11.29% Rydex Essential PORT Aggressive A (IN:07/03/06) RYDEX RYQMX 11.16% Rydex Multi-Cap Core Equity H (IN:11/04/02) **BEAR** RYVTX 10.60% Rydex Inverse Dynamic OTC A (IN:06/21/05) **BEAR** RYMHX 9.53% Rydex Inverse Mid Cap H (IN:06/16/04) **BEAR** RYSHX 9.21% Rydex Inverse Russell 2000 H (IN:05/14/04) RYDEX RYMEX 9.01% Rydex Commodities A (IN:05/25/05) RYDEX RYMOX 8.98% Rydex Essential PORT Moderate A (IN:07/03/06) **BEAR** RYURX 8.49% Rydex Inverse S&P 500 Inv **BEAR** RYAIX 8.38% Rydex Inverse OTC Inv RYDEX RYEEX 6.28% Rydex Essential PORT Conservative C (IN:07/03/06) RYDEX RYAJX -5.97% Rydex Japan Advantage A (IN:06/21/05) *** Section 2: PERFORMANCE OVER PAST 20 TRADING DAYS *** The SCORE Column shows the current rating (0-10) REC values are: "B" (Buy), "H" (Hold), "S" (Sell) A "?" indicates a less accurate Decomposition Funds in the "S" state are prefixed with "***". SYMBOL %GAIN SCORE REC Description ------ ----- ----- --- ----------- RYDEX RYRUX 21.62% 10.00 B Rydex Dynamic Russell 2000 A RYDEX RYOIX 16.71% 9.56 B Rydex Biotechnology Inv RYDEX RYMKX 15.99% 10.00 B Rydex Russell 2000 Advantage H RYDEX RYVYX 15.81% 8.75 B Rydex Dynamic OTC H RYDEX RYAZX 14.17% 9.64 B Rydex Small Cap Value H RYDEX RYMDX 13.66% 10.00 B Rydex Mid-Cap Advantage H RYDEX RYSIX 13.29% 10.00 B Rydex Electronics Inv RYDEX RYEUX 12.26% 9.56 B Rydex Europe Advantage H RYDEX RYBIX 10.70% 8.95 B Rydex Basic Materials Inv RYDEX RYPIX 10.59% 10.00 B Rydex Transportation Inv RYDEX RYRRX 10.45% 9.87 B Rydex Russell 2000 A RYDEX RYAVX 10.31% 9.37 B Rydex Mid Cap Value H RYDEX RYFIX 10.30% 10.00 B Rydex Financial Services Inv RYDEX RYTNX 10.24% 10.00 B Rydex Dynamic S&P 500 H RYDEX RYIIX 10.13% 9.67 B Rydex Internet Inv RYDEX RYBHX 9.96% 7.99 B Rydex Mid Cap Growth H RYDEX RYLVX 9.96% 10.00 B Rydex Large-Cap Value A RYDEX RYTIX 9.94% 9.63 B Rydex Technology Inv RYDEX RYWAX 9.73% 8.31 B Rydex Small Cap Growth H RYDEX RYHRX 9.33% 9.02 B Rydex Real Estate H RYDEX RYKIX 8.74% 9.87 B Rydex Banking Inv RYDEX RYPMX 8.50% 7.18 B Rydex Precious Metals Inv RYDEX RYNVX 7.68% 10.00 B Rydex Nova Inv RYDEX RYOCX 7.65% 9.69 B Rydex OTC Inv RYDEX RYVIX 7.55% 9.08 B Rydex Energy Services Inv RYDEX RYAWX 7.23% 9.84 B Rydex Large Cap Growth H RYDEX RYLDX 6.98% 10.00 B Rydex Dynamic Dow A RYDEX RYHIX 6.78% 10.00 B Rydex Health Care Inv RYDEX RYRIX 6.06% 8.94 B Rydex Retailing Inv RYDEX RYMIX 5.74% 9.09? B? Rydex Telecommunications Inv RYDEX RYLIX 5.58% 8.30 B Rydex Leisure Inv RYDEX RYGGX 5.03% 8.36 B Rydex Essential PORT Aggressive A RYDEX RYSPX 5.00% 10.00 B Rydex S&P 500 H RYDEX RYEIX 4.07% 10.00 B Rydex Energy Inv RYDEX RYMOX 3.88% 8.25 B Rydex Essential PORT Moderate A RYDEX RYSRX 3.05% 7.74 B Rydex Sector Rotation H RYDEX RYEEX 2.64% 6.78 H Rydex Essential PORT Conservative C RYDEX RYCIX 1.91% 7.12? B? Rydex Consumer Products Inv RYDEX RYMEX 0.36% 5.00? H? Rydex Commodities A RYDEX RYQMX 0.00% ???? ?? Rydex Multi-Cap Core Equity H RYDEX RYAJX 0.00% ???? ?? Rydex Japan Advantage A RYDEX RYUIX -0.62% 5.17? H? Rydex Utilities Inv **BEAR** RYURX -5.05% *BEAR* S *** Rydex Inverse S&P 500 Inv **BEAR** RYAIX -7.30% *BEAR* S *** Rydex Inverse OTC Inv **BEAR** RYIDX -7.51% *BEAR* S *** Rydex Inverse Dynamic Dow A **BEAR** RYMHX -8.55% *BEAR* S *** Rydex Inverse Mid Cap H **BEAR** RYTPX -9.76% *BEAR* S *** Rydex Inverse Dynamic S&P 500 H **BEAR** RYSHX -9.87% *BEAR* S *** Rydex Inverse Russell 2000 H **BEAR** RYVTX -14.21% *BEAR* S *** Rydex Inverse Dynamic OTC A **BEAR** RYIUX -18.98% *BEAR* S *** Rydex Inverse Dynamic Russell 2000 A Report Date: 2/04/12 Data Date: 2/03/12 ******************************************************************************** FUND FAMILY: T. Rowe Price Funds ******************************************************************************** *** Section 1: "Annualized" Percentage Gains *** (based on start date of 8/16/02 or inception date shown) (and ASSUMING fund is held ONLY when the MFTI-A is a buy/hold) SYMBOL %GAIN Description ------ ------- ----------------------------------- TROWE PRLAX 39.69% T. Rowe Price Latin America TROWE TREMX 39.51% T. Rowe Price Em Eur & Mediterranean TROWE PRMSX 34.34% T. Rowe Price Emerging Markets Stock TROWE IEMFX 32.50% T. Rowe Price Instl Emerging Mkts Eq (IN:12/26/02) TROWE PRMTX 31.30% T. Rowe Price Media & Telecom TROWE PRASX 30.27% T. Rowe Price New Asia TROWE PRGTX 30.18% T. Rowe Price Global Technology TROWE PRSCX 27.55% T. Rowe Price Science & Tech TROWE PRNEX 27.47% T. Rowe Price New Era TROWE PRDSX 27.03% T. Rowe Price Diversified Sm Cap Grth TROWE PRIDX 26.72% T. Rowe Price International Discovery TROWE PRNHX 26.35% T. Rowe Price New Horizons TROWE PEXMX 26.08% T. Rowe Price Extended Eq Mrkt Index TROWE PREFX 23.69% T. Rowe Price Tax-Efficient Multi Gr TROWE PRSVX 23.07% T. Rowe Price Small-Cap Value TROWE PRGSX 22.99% T. Rowe Price Global Stock TROWE PMEGX 22.79% T. Rowe Price Instl Mid-Cap Equity Gr TROWE PSILX 22.76% T. Rowe Price Spectrum International TROWE PRFEX 22.11% T. Rowe Price Instl Foreign Equity TROWE RPMGX 22.07% T. Rowe Price Mid-Cap Growth TROWE PRDMX 22.04% T. Rowe Price Diversified Mid Cap Grth (IN:01/20/04) TROWE PRSGX 21.68% T. Rowe Price Spectrum Growth TROWE OTCFX 21.55% T. Rowe Price Small-Cap Stock TROWE TRLGX 21.54% T. Rowe Price Instl Large Cap Growth TROWE TRIGX 21.48% T. Rowe Price Intl Gr & Inc TROWE TRSSX 21.44% T. Rowe Price Instl Small-Cap Stock TROWE TRREX 21.43% T. Rowe Price Real Estate TROWE TRVLX 20.98% T. Rowe Price Value TROWE TRGSX 20.95% T. Rowe Price Instl Global Equity (IN:07/03/06) TROWE PRITX 20.74% T. Rowe Price International Stock TROWE TRBCX 20.72% T. Rowe Price Blue Chip Growth TROWE PIEQX 20.70% T. Rowe Price International Eq Index TROWE PRGFX 20.14% T. Rowe Price Growth Stock TROWE POMIX 19.93% T. Rowe Price Total Equity Market Idx TROWE PRHSX 19.75% T. Rowe Price Health Sciences TROWE TRMCX 19.36% T. Rowe Price Mid-Cap Value TROWE PRCOX 19.17% T. Rowe Price Capital Opportunity TROWE PRWAX 19.11% T. Rowe Price New America Growth TROWE TILCX 19.01% T. Rowe Price Instl Large Cap Value TROWE PREIX 18.40% T. Rowe Price Equity Index 500 TROWE PRFDX 17.36% T. Rowe Price Equity Income TROWE PRESX 17.36% T. Rowe Price European Stock TROWE TRSGX 17.23% T. Rowe Price Personal Strat Growth TROWE TPLGX 17.04% T. Rowe Price Instl Large Cap Core (IN:10/29/03) TROWE PRDGX 16.46% T. Rowe Price Dividend Growth TROWE PRJPX 16.36% T. Rowe Price Japan TROWE PRGIX 15.86% T. Rowe Price Growth & Income TROWE PRDTX 15.54% T. Rowe Price Developing Tech TROWE PRISX 14.62% T. Rowe Price Financial Services TROWE PRWCX 13.58% T. Rowe Price Capital Appreciation TROWE TRPBX 13.50% T. Rowe Price Personal Strat Balanced TROWE PTEGX 12.17% T. Rowe Price Tax-Efficient Growth TROWE RPBAX 11.76% T. Rowe Price Balanced TROWE PRSIX 9.80% T. Rowe Price Personal Strat Income TROWE PRTEX 5.40% T. Rowe Price Tax-Efficient Balanced *** Section 2: PERFORMANCE OVER PAST 20 TRADING DAYS *** The SCORE Column shows the current rating (0-10) REC values are: "B" (Buy), "H" (Hold), "S" (Sell) A "?" indicates a less accurate Decomposition Funds in the "S" state are prefixed with "***". SYMBOL %GAIN SCORE REC Description ------ ----- ----- --- ----------- TROWE TREMX 17.01% 9.56 B T. Rowe Price Em Eur & Mediterranean TROWE PRLAX 14.94% 6.33 H T. Rowe Price Latin America TROWE PRGTX 13.64% 7.96 B T. Rowe Price Global Technology TROWE PRSCX 13.34% 9.50 B T. Rowe Price Science & Tech TROWE IEMFX 11.40% 9.25 B T. Rowe Price Instl Emerging Mkts Eq TROWE PRMSX 11.30% 9.38 B T. Rowe Price Emerging Markets Stock TROWE PRHSX 11.27% 9.39 B T. Rowe Price Health Sciences TROWE PRDSX 10.93% 9.47 B T. Rowe Price Diversified Sm Cap Grth TROWE PRNHX 10.88% 6.32? H? T. Rowe Price New Horizons TROWE PRFEX 10.42% 9.67 B T. Rowe Price Instl Foreign Equity TROWE PEXMX 10.39% 8.62 B T. Rowe Price Extended Eq Mrkt Index TROWE PRITX 10.38% 9.32 B T. Rowe Price International Stock TROWE PRIDX 10.26% 8.28 B T. Rowe Price International Discovery TROWE PRDMX 10.05% 10.00 B T. Rowe Price Diversified Mid Cap Grth TROWE PRGSX 9.99% 8.88 B T. Rowe Price Global Stock TROWE TRSSX 9.91% 6.33? H? T. Rowe Price Instl Small-Cap Stock TROWE TRGSX 9.85% 9.12 B T. Rowe Price Instl Global Equity TROWE OTCFX 9.79% 8.79? B? T. Rowe Price Small-Cap Stock TROWE PRESX 9.62% 8.38 B T. Rowe Price European Stock TROWE PSILX 9.54% 8.86 B T. Rowe Price Spectrum International TROWE PRISX 9.33% 10.00 B T. Rowe Price Financial Services TROWE PRSVX 9.25% 9.66 B T. Rowe Price Small-Cap Value TROWE TRREX 9.15% 10.00 B T. Rowe Price Real Estate TROWE PRASX 9.05% 5.23? H? T. Rowe Price New Asia TROWE PIEQX 8.64% 8.25 B T. Rowe Price International Eq Index TROWE TRLGX 8.58% 9.69 B T. Rowe Price Instl Large Cap Growth TROWE TRIGX 8.38% 8.04 B T. Rowe Price Intl Gr & Inc TROWE PMEGX 8.12% 6.90 H T. Rowe Price Instl Mid-Cap Equity Gr TROWE PREFX 8.02% 10.00 B T. Rowe Price Tax-Efficient Multi Gr TROWE PRSGX 7.93% 9.02 B T. Rowe Price Spectrum Growth TROWE PRGFX 7.93% 9.39 B T. Rowe Price Growth Stock TROWE RPMGX 7.89% 5.28? H? T. Rowe Price Mid-Cap Growth TROWE TRMCX 7.77% 9.09? B? T. Rowe Price Mid-Cap Value TROWE PRMTX 7.48% 5.13? H? T. Rowe Price Media & Telecom TROWE TPLGX 7.36% 10.00 B T. Rowe Price Instl Large Cap Core TROWE TRBCX 7.35% 10.00 B T. Rowe Price Blue Chip Growth TROWE PRNEX 7.20% 5.79? H? T. Rowe Price New Era TROWE PRWAX 7.18% 9.43 B T. Rowe Price New America Growth TROWE TRSGX 6.95% 10.00 B T. Rowe Price Personal Strat Growth TROWE TRVLX 6.59% 10.00 B T. Rowe Price Value TROWE POMIX 6.01% 8.73 B T. Rowe Price Total Equity Market Idx TROWE TRPBX 5.79% 10.00 B T. Rowe Price Personal Strat Balanced TROWE PRCOX 5.77% 10.00 B T. Rowe Price Capital Opportunity TROWE TILCX 5.60% 7.56 B T. Rowe Price Instl Large Cap Value TROWE PRGIX 5.48% 10.00 B T. Rowe Price Growth & Income TROWE PRFDX 5.45% 10.00 B T. Rowe Price Equity Income TROWE RPBAX 5.11% 8.54 B T. Rowe Price Balanced TROWE PREIX 5.10% 9.35 B T. Rowe Price Equity Index 500 TROWE PRDGX 4.95% 8.58 B T. Rowe Price Dividend Growth TROWE PRJPX 4.76% 9.00? B? T. Rowe Price Japan TROWE PRWCX 4.60% 10.00 B T. Rowe Price Capital Appreciation TROWE PRSIX 4.53% 8.80 B T. Rowe Price Personal Strat Income TROWE PRDTX 0.00% ???? ?? T. Rowe Price Developing Tech TROWE PRTEX 0.00% ???? ?? T. Rowe Price Tax-Efficient Balanced TROWE PTEGX 0.00% ???? ?? T. Rowe Price Tax-Efficient Growth Report Date: 2/04/12 Data Date: 2/03/12 ******************************************************************************** FUND FAMILY: SunAmerica Funds ******************************************************************************** *** Section 1: "Annualized" Percentage Gains *** (based on start date of 8/16/02 or inception date shown) (and ASSUMING fund is held ONLY when the MFTI-A is a buy/hold) SYMBOL %GAIN Description ------ ------- ----------------------------------- SUNAMER STNAX 27.66% SunAmerica Focused Technology A SUNAMER SSAAX 23.26% SunAmerica Focused Multi-Cap Gr A SUNAMER SIEAX 21.71% SunAmerica International Equity A SUNAMER NSKAX 20.94% SunAmerica Focused Small-Cap Growth A SUNAMER SSSAX 20.59% SunAmerica Focused Small-Cap Value A SUNAMER SSFAX 19.28% SunAmerica Focused Large Cap Gr A SUNAMER SFVAX 17.53% SunAmerica Focused Multi-Cap Value A SUNAMER FDSAX 15.79% SunAmerica Focused Dividend Strat A SUNAMER SEGAX 15.70% SunAmerica New Century A SUNAMER TXMAX 15.46% SunAmerica Tax Managed Equity A SUNAMER FOGAX 14.98% SunAmerica Focused Growth & Inc A SUNAMER SGWAX 14.45% SunAmerica Growth Opportunities A SUNAMER SVLAX 12.20% SunAmerica Blue Chip Growth A SUNAMER SEIAX 12.11% SunAmerica Growth & Income A SUNAMER FESAX 11.67% SunAmerica Focused Equity Strategy A (IN:10/15/03) SUNAMER SSVAX 10.42% SunAmerica Value A SUNAMER SSLAX 9.23% SunAmerica Focused Large Cap Value A SUNAMER FASAX 9.16% SunAmerica Focused Multi-Asset Strat A (IN:07/24/03) SUNAMER SFINX 7.70% SunAmerica Focused Intl Equity A SUNAMER SBAAX 7.06% SunAmerica Balanced Assets A SUNAMER FBAAX 6.86% SunAmerica Focused Balanced Strategy A (IN:10/15/03) SUNAMER SBHAX 6.33% SunAmerica Biotech/Health A SUNAMER FFEAX 2.07% SunAmerica Focused Fxd Inc Eq Strat A (IN:04/16/04) *** Section 2: PERFORMANCE OVER PAST 20 TRADING DAYS *** The SCORE Column shows the current rating (0-10) REC values are: "B" (Buy), "H" (Hold), "S" (Sell) A "?" indicates a less accurate Decomposition Funds in the "S" state are prefixed with "***". SYMBOL %GAIN SCORE REC Description ------ ----- ----- --- ----------- SUNAMER SGWAX 14.21% 9.88 B SunAmerica Growth Opportunities A SUNAMER STNAX 13.44% 9.59 B SunAmerica Focused Technology A SUNAMER SIEAX 10.85% 9.44 B SunAmerica International Equity A SUNAMER NSKAX 10.12% 6.73? H? SunAmerica Focused Small-Cap Growth A SUNAMER SSSAX 9.12% 9.72? B? SunAmerica Focused Small-Cap Value A SUNAMER SSAAX 8.60% 10.00 B SunAmerica Focused Multi-Cap Gr A SUNAMER SSFAX 8.02% 10.00 B SunAmerica Focused Large Cap Gr A SUNAMER FOGAX 5.82% 9.75 B SunAmerica Focused Growth & Inc A SUNAMER SSVAX 4.85% 10.00 B SunAmerica Value A SUNAMER SFVAX 4.49% 9.67 B SunAmerica Focused Multi-Cap Value A SUNAMER FDSAX 3.41% 8.97 B SunAmerica Focused Dividend Strat A SUNAMER FBAAX 3.38% 8.98 B SunAmerica Focused Balanced Strategy A SUNAMER SEIAX 2.20% 9.73? B? SunAmerica Growth & Income A SUNAMER FASAX 1.84% 5.00? H? SunAmerica Focused Multi-Asset Strat A SUNAMER SBAAX 0.00% ???? ?? SunAmerica Balanced Assets A SUNAMER FFEAX 0.00% ???? ?? SunAmerica Focused Fxd Inc Eq Strat A SUNAMER SVLAX 0.00% ???? ?? SunAmerica Blue Chip Growth A SUNAMER SFINX 0.00% ???? ?? SunAmerica Focused Intl Equity A SUNAMER SEGAX 0.00% ???? ?? SunAmerica New Century A SUNAMER SBHAX 0.00% ???? ?? SunAmerica Biotech/Health A SUNAMER TXMAX 0.00% ???? ?? SunAmerica Tax Managed Equity A SUNAMER SSLAX 0.00% ???? ?? SunAmerica Focused Large Cap Value A SUNAMER FESAX 0.00% ???? ?? SunAmerica Focused Equity Strategy A Report Date: 2/04/12 Data Date: 2/03/12 ******************************************************************************** FUND FAMILY: USAA Funds ******************************************************************************** *** Section 1: "Annualized" Percentage Gains *** (based on start date of 8/16/02 or inception date shown) (and ASSUMING fund is held ONLY when the MFTI-A is a buy/hold) SYMBOL %GAIN Description ------ ------- ----------------------------------- USAA USEMX 31.34% USAA Emerging Markets USAA USAGX 26.99% USAA Precious Metals and Minerals USAA USSCX 24.82% USAA Science & Technology USAA USMIX 24.52% USAA Extended Market Index USAA USNQX 23.84% USAA Nasdaq-100 Index USAA USCGX 21.67% USAA Capital Growth USAA USCAX 21.05% USAA Small Cap Stock USAA USAUX 19.38% USAA Aggressive Growth USAA USAAX 18.95% USAA Growth USAA USSPX 18.36% USAA S&P 500 Index Member USAA UVALX 18.10% USAA Value USAA USIFX 17.49% USAA International USAA USAWX 17.31% USAA World Growth USAA USGRX 16.17% USAA Growth & Income USAA UFSGX 15.61% USAA First Start Growth USAA USISX 13.92% USAA Income Stock USAA USCRX 11.14% USAA Cornerstone Strategy USAA USBSX 11.13% USAA Balanced Strategy USAA USBLX 6.53% USAA Growth and Tax Strategy *** Section 2: PERFORMANCE OVER PAST 20 TRADING DAYS *** The SCORE Column shows the current rating (0-10) REC values are: "B" (Buy), "H" (Hold), "S" (Sell) A "?" indicates a less accurate Decomposition Funds in the "S" state are prefixed with "***". SYMBOL %GAIN SCORE REC Description ------ ----- ----- --- ----------- USAA USEMX 13.36% 10.00 B USAA Emerging Markets USAA USMIX 10.27% 9.45? B? USAA Extended Market Index USAA USCAX 9.11% 8.94 B USAA Small Cap Stock USAA USIFX 9.09% 9.37 B USAA International USAA USAWX 8.23% 10.00 B USAA World Growth USAA USNQX 7.72% 9.37? B? USAA Nasdaq-100 Index USAA USAUX 7.63% 10.00 B USAA Aggressive Growth USAA USSCX 7.41% 9.65 B USAA Science & Technology USAA USAAX 7.07% 10.00 B USAA Growth USAA USAGX 7.04% 5.58? H? USAA Precious Metals and Minerals USAA USGRX 7.01% 10.00 B USAA Growth & Income USAA USCGX 6.61% 8.43 B USAA Capital Growth USAA UVALX 5.48% 9.15 B USAA Value USAA UFSGX 5.44% 8.32 B USAA First Start Growth USAA USSPX 5.11% 9.64 B USAA S&P 500 Index Member USAA USISX 4.34% 9.60 B USAA Income Stock USAA USCRX 4.22% 8.00? B? USAA Cornerstone Strategy USAA USBLX 3.70% 7.20 B USAA Growth and Tax Strategy USAA USBSX 3.56% 7.35 B USAA Balanced Strategy Report Date: 2/04/12 Data Date: 2/03/12 ******************************************************************************** FUND FAMILY: Vanguard Funds ******************************************************************************** *** Section 1: "Annualized" Percentage Gains *** (based on start date of 8/16/02 or inception date shown) (and ASSUMING fund is held ONLY when the MFTI-A is a buy/hold) SYMBOL %GAIN Description ------ ------- ----------------------------------- VANGUARD VEIEX 34.55% Vanguard Emerging Mkts Stock Idx VANGUARD VGPMX 30.86% Vanguard Precious Metals and Mining VANGUARD VISGX 30.50% Vanguard Small Cap Growth Index VANGUARD VENAX 29.46% Vanguard Energy Index Adm (IN:09/29/04) VANGUARD NAESX 28.69% Vanguard Small Cap Index VANGUARD VMIAX 28.00% Vanguard Materials Index Adm (IN:01/30/04) VANGUARD VTMSX 27.60% Vanguard Tax-Managed Small Cap Ret VANGUARD VEXMX 27.04% Vanguard Extended Market Idx VANGUARD VIEIX 27.00% Vanguard Extended Market Index Instl. VANGUARD VGENX 26.40% Vanguard Energy VANGUARD VISVX 25.55% Vanguard Small Cap Value Index VANGUARD VIMSX 25.09% Vanguard Mid Capitalization Index VANGUARD VMGIX 25.07% Vanguard Mid-Cap Growth Index Inv (IN:08/24/06) VANGUARD VEXPX 24.47% Vanguard Explorer VANGUARD VHCOX 24.23% Vanguard Capital Opportunity VANGUARD VINAX 23.82% Vanguard Industrials Index Adm (IN:09/29/04) VANGUARD VCVLX 23.54% Vanguard Capital Value VANGUARD VMGRX 23.16% Vanguard Mid Cap Growth VANGUARD VSTCX 23.05% Vanguard Strategic Small-Cap Equity (IN:04/20/06) VANGUARD VHGEX 22.73% Vanguard Global Equity VANGUARD VSEQX 22.61% Vanguard Strategic Equity VANGUARD VINEX 22.57% Vanguard International Explorer VANGUARD VGTSX 22.33% Vanguard Total Intl Stock Index VANGUARD VCDAX 21.50% Vanguard Consumer Discretionary Idx Adm (IN:01/30/04) VANGUARD VMVIX 21.50% Vanguard Mid-Cap Value Index Inv (IN:08/24/06) VANGUARD VGEQX 21.10% Vanguard Growth Equity VANGUARD VTRIX 20.86% Vanguard International Value VANGUARD VMRGX 20.66% Vanguard Morgan Growth VANGUARD VEURX 20.51% Vanguard European Stock Index VANGUARD VTMGX 20.45% Vanguard Tax-Managed Intl VANGUARD VIDMX 20.36% Vanguard Inst Developed Markets Index VANGUARD VDMIX 20.35% Vanguard Developed Markets Index VANGUARD VWIGX 20.23% Vanguard International Growth VANGUARD VITNX 20.20% Vanguard Inst Total Stock Mkt Idx Ins VANGUARD VTSMX 20.04% Vanguard Total Stock Mkt Idx VANGUARD VPMCX 19.91% Vanguard PRIMECAP VANGUARD VGSIX 19.67% Vanguard REIT Index VANGUARD VASVX 19.04% Vanguard Selected Value VANGUARD VIVAX 18.96% Vanguard Value Index VANGUARD VITAX 18.93% Vanguard Information Technology Idx Adm (IN:01/30/04) VANGUARD VIGRX 18.88% Vanguard Growth Index VANGUARD VWUSX 18.87% Vanguard U.S. Growth VANGUARD VFTSX 18.77% Vanguard FTSE Social Index Inv VANGUARD VPACX 18.40% Vanguard Pacific Stock Index VANGUARD VINIX 18.38% Vanguard Institutional Index VANGUARD VFINX 18.36% Vanguard 500 Index VANGUARD VMCAX 18.35% Vanguard Tax-Managed Capital App VANGUARD VWNDX 18.04% Vanguard Windsor VANGUARD VDEQX 17.30% Vanguard Diversified Equity Inv (IN:06/10/05) VANGUARD VASGX 17.12% Vanguard LifeStrategy Growth VANGUARD VPCCX 16.96% Vanguard PRIMECAP Core (IN:12/09/04) VANGUARD VTGIX 16.80% Vanguard Tax-Managed Grth & Inc VANGUARD VQNPX 16.64% Vanguard Growth & Income VANGUARD VUVLX 16.39% Vanguard U.S. Value VANGUARD VWNFX 16.25% Vanguard Windsor II VANGUARD VLACX 15.95% Vanguard Large Cap Index (IN:01/30/04) VANGUARD VAAPX 15.85% Vanguard Asset Allocation VANGUARD VSLIX 15.82% Vanguard Structured Large-Cap Eq I (IN:05/16/06) VANGUARD VDIGX 15.65% Vanguard Dividend Growth VANGUARD VSLPX 15.57% Vanguard Structured Large-Cap Eq I Plus (IN:05/16/06) VANGUARD VFAIX 14.96% Vanguard Financials Index Adm (IN:01/30/04) VANGUARD VEIPX 14.00% Vanguard Equity-Income VANGUARD VDAIX 13.93% Vanguard Dividend Appreciation Idx Inv (IN:04/27/06) VANGUARD VSMGX 12.86% Vanguard LifeStrategy Moderate Growth VANGUARD VGSTX 12.35% Vanguard STAR VANGUARD VTCAX 12.16% Vanguard Telecom Services Index Adm (IN:09/29/04) VANGUARD VBINX 11.71% Vanguard Balanced Index VANGUARD VWELX 10.99% Vanguard Wellington VANGUARD VUIAX 10.00% Vanguard Utilities Index Adm (IN:01/30/04) VANGUARD VCSAX 9.27% Vanguard Consumer Staples Index Adm (IN:01/30/04) VANGUARD VTMFX 9.16% Vanguard Tax-Managed Balanced VANGUARD VGHCX 9.10% Vanguard Health Care VANGUARD VHCIX 9.02% Vanguard Health Care Index Adm (IN:01/30/04) VANGUARD VSCGX 8.88% Vanguard LifeStrategy Conserv Growth VANGUARD VWINX 5.42% Vanguard Wellesley Income VANGUARD VASIX 4.65% Vanguard LifeStrategy Income *** Section 2: PERFORMANCE OVER PAST 20 TRADING DAYS *** The SCORE Column shows the current rating (0-10) REC values are: "B" (Buy), "H" (Hold), "S" (Sell) A "?" indicates a less accurate Decomposition Funds in the "S" state are prefixed with "***". SYMBOL %GAIN SCORE REC Description ------ ----- ----- --- ----------- VANGUARD VEIEX 13.00% 10.00 B Vanguard Emerging Mkts Stock Idx VANGUARD VCVLX 12.00% 9.11 B Vanguard Capital Value VANGUARD VINEX 11.78% 10.00 B Vanguard International Explorer VANGUARD VGPMX 11.22% 5.14 H Vanguard Precious Metals and Mining VANGUARD VISGX 10.75% 9.71 B Vanguard Small Cap Growth Index VANGUARD VMIAX 10.64% 9.12 B Vanguard Materials Index Adm VANGUARD VWIGX 10.34% 8.55 B Vanguard International Growth VANGUARD VIEIX 10.33% 10.00 B Vanguard Extended Market Index Instl. VANGUARD VEXMX 10.30% 9.72 B Vanguard Extended Market Idx VANGUARD NAESX 10.12% 10.00 B Vanguard Small Cap Index VANGUARD VEXPX 10.06% 10.00 B Vanguard Explorer VANGUARD VTMSX 10.04% 8.85 B Vanguard Tax-Managed Small Cap Ret VANGUARD VSTCX 9.99% 8.55 B Vanguard Strategic Small-Cap Equity VANGUARD VSEQX 9.65% 7.75 B Vanguard Strategic Equity VANGUARD VGTSX 9.52% 9.84 B Vanguard Total Intl Stock Index VANGUARD VISVX 9.46% 10.00 B Vanguard Small Cap Value Index VANGUARD VTRIX 9.35% 7.69 B Vanguard International Value VANGUARD VEURX 9.34% 7.72 B Vanguard European Stock Index VANGUARD VFAIX 9.11% 9.69 B Vanguard Financials Index Adm VANGUARD VGSIX 9.08% 9.16 B Vanguard REIT Index VANGUARD VMGIX 9.06% 9.69 B Vanguard Mid-Cap Growth Index Inv VANGUARD VMGRX 9.01% 6.98 H Vanguard Mid Cap Growth VANGUARD VWUSX 9.00% 10.00 B Vanguard U.S. Growth VANGUARD VITAX 8.81% 9.08 B Vanguard Information Technology Idx Adm VANGUARD VIDMX 8.47% 8.32? B? Vanguard Inst Developed Markets Index VANGUARD VINAX 8.44% 8.82 B Vanguard Industrials Index Adm VANGUARD VDMIX 8.40% 8.42? B? Vanguard Developed Markets Index VANGUARD VTMGX 8.40% 9.81 B Vanguard Tax-Managed Intl VANGUARD VHGEX 8.32% 9.85 B Vanguard Global Equity VANGUARD VMRGX 8.29% 10.00 B Vanguard Morgan Growth VANGUARD VIMSX 8.24% 10.00 B Vanguard Mid Capitalization Index VANGUARD VMVIX 7.45% 10.00 B Vanguard Mid-Cap Value Index Inv VANGUARD VDEQX 7.43% 8.45 B Vanguard Diversified Equity Inv VANGUARD VWNDX 7.42% 10.00 B Vanguard Windsor VANGUARD VHCOX 7.30% 6.84 H Vanguard Capital Opportunity VANGUARD VGEQX 7.28% 8.21 B Vanguard Growth Equity VANGUARD VCDAX 6.93% 9.12 B Vanguard Consumer Discretionary Idx Adm VANGUARD VPACX 6.85% 9.13 B Vanguard Pacific Stock Index VANGUARD VIGRX 6.85% 10.00 B Vanguard Growth Index VANGUARD VPMCX 6.37% 6.69 H Vanguard PRIMECAP VANGUARD VFTSX 6.34% 8.75 B Vanguard FTSE Social Index Inv VANGUARD VTSMX 6.12% 10.00 B Vanguard Total Stock Mkt Idx VANGUARD VITNX 6.10% 9.32 B Vanguard Inst Total Stock Mkt Idx Ins VANGUARD VASGX 5.90% 9.08 B Vanguard LifeStrategy Growth VANGUARD VPCCX 5.70% 7.01 B Vanguard PRIMECAP Core VANGUARD VLACX 5.59% 10.00 B Vanguard Large Cap Index VANGUARD VGSTX 5.39% 7.94 B Vanguard STAR VANGUARD VINIX 5.13% 10.00 B Vanguard Institutional Index VANGUARD VASVX 5.12% 7.83 B Vanguard Selected Value VANGUARD VFINX 5.11% 10.00 B Vanguard 500 Index VANGUARD VQNPX 4.94% 7.29 B Vanguard Growth & Income VANGUARD VWNFX 4.84% 8.61 B Vanguard Windsor II VANGUARD VHCIX 4.79% 10.00 B Vanguard Health Care Index Adm VANGUARD VSLPX 4.71% 7.42 B Vanguard Structured Large-Cap Eq I Plus VANGUARD VUVLX 4.71% 7.93 B Vanguard U.S. Value VANGUARD VSLIX 4.70% 7.10 B Vanguard Structured Large-Cap Eq I VANGUARD VSMGX 4.60% 7.25 B Vanguard LifeStrategy Moderate Growth VANGUARD VIVAX 4.32% 10.00 B Vanguard Value Index VANGUARD VGENX 4.15% 5.60 H Vanguard Energy VANGUARD VAAPX 3.97% 7.33 B Vanguard Asset Allocation VANGUARD VBINX 3.95% 9.13 B Vanguard Balanced Index VANGUARD VTMFX 3.71% 7.49 B Vanguard Tax-Managed Balanced VANGUARD VWELX 3.59% 7.71 B Vanguard Wellington VANGUARD VDIGX 3.47% 8.98 B Vanguard Dividend Growth VANGUARD VDAIX 3.44% 9.42 B Vanguard Dividend Appreciation Idx Inv VANGUARD VSCGX 3.38% 7.88 B Vanguard LifeStrategy Conserv Growth VANGUARD VTCAX 3.23% 5.54? H? Vanguard Telecom Services Index Adm VANGUARD VEIPX 2.70% 8.15 B Vanguard Equity-Income VANGUARD VGHCX 2.63% 5.98? H? Vanguard Health Care VANGUARD VENAX 2.40% 8.90 B Vanguard Energy Index Adm VANGUARD VWINX 2.09% 6.68 H Vanguard Wellesley Income VANGUARD VASIX 2.05% 6.58? H? Vanguard LifeStrategy Income VANGUARD VCSAX 0.95% 5.33? H? Vanguard Consumer Staples Index Adm VANGUARD VMCAX 0.00% ???? ?? Vanguard Tax-Managed Capital App VANGUARD VTGIX 0.00% ???? ?? Vanguard Tax-Managed Grth & Inc VANGUARD VUIAX -0.93% 5.24 H Vanguard Utilities Index Adm Report Date: 2/04/12 Data Date: 2/03/12 ******************************************************************************** FUND FAMILY: Van Kampen Funds ******************************************************************************** *** Section 1: "Annualized" Percentage Gains *** (based on start date of 8/16/02 or inception date shown) (and ASSUMING fund is held ONLY when the MFTI-A is a buy/hold) SYMBOL %GAIN Description ------ ------- ----------------------------------- VANKAMP MSRBX 27.70% Van Kampen Emerging Markets B VANKAMP VBSCX 23.20% Van Kampen Small Cap Growth B VANKAMP VGRBX 23.05% Van Kampen Mid Cap Growth B VANKAMP MGAVX 22.67% Van Kampen American Value B VANKAMP VTFBX 21.54% Van Kampen Technology B VANKAMP ACPBX 20.94% Van Kampen Pace B VANKAMP VSMBX 19.62% Van Kampen Small Cap Value B VANKAMP MSGBX 18.88% Van Kampen Global Equity Alloc B VANKAMP ACEOX 18.79% Van Kampen Enterprise B VANKAMP VVOBX 17.87% Van Kampen Value Opportunities B VANKAMP VKIBX 17.81% Van Kampen International Advantage B VANKAMP ACSWX 17.80% Van Kampen Comstock B VANKAMP ACEHX 17.31% Van Kampen Exchange VANKAMP VEGBX 17.07% Van Kampen Equity Growth B VANKAMP VIFBX 16.58% Van Kampen International Growth B (IN:12/19/05) VANKAMP ACGJX 16.26% Van Kampen Growth and Income B VANKAMP ACRBX 15.45% Van Kampen Real Estate Secs B VANKAMP VLFBX 14.22% Van Kampen Leaders B (IN:02/27/06) VANKAMP VAFBX 13.50% Van Kampen American Franchise B (IN:06/23/05) VANKAMP VAGBX 12.82% Van Kampen Aggressive Growth B VANKAMP MGEBX 12.53% Van Kampen Global Value Equity B VANKAMP VKUBX 12.15% Van Kampen Utility B VANKAMP ACEQX 12.05% Van Kampen Equity and Income B VANKAMP VBSGX 9.89% Van Kampen Select Growth B VANKAMP VGFBX 8.98% Van Kampen Global Franchise B VANKAMP VEPBX 8.93% Van Kampen Equity Premium Income B (IN:06/26/06) VANKAMP ACEMX -4.20% Van Kampen Strategic Growth B *** Section 2: PERFORMANCE OVER PAST 20 TRADING DAYS *** The SCORE Column shows the current rating (0-10) REC values are: "B" (Buy), "H" (Hold), "S" (Sell) A "?" indicates a less accurate Decomposition Funds in the "S" state are prefixed with "***". SYMBOL %GAIN SCORE REC Description ------ ----- ----- --- ----------- VANKAMP VSMBX 14.23% 9.87? B? Van Kampen Small Cap Value B VANKAMP ACEMX 12.94% 10.00 B Van Kampen Strategic Growth B VANKAMP VBSCX 10.92% 7.11? B? Van Kampen Small Cap Growth B VANKAMP VAFBX 8.14% 9.77 B Van Kampen American Franchise B VANKAMP VGRBX 8.02% 9.54? B? Van Kampen Mid Cap Growth B VANKAMP MGAVX 7.58% 10.00 B Van Kampen American Value B VANKAMP VVOBX 6.09% 8.50 B Van Kampen Value Opportunities B VANKAMP ACSWX 5.70% 9.88 B Van Kampen Comstock B VANKAMP VLFBX 5.06% 9.64 B Van Kampen Leaders B VANKAMP ACEHX 4.14% 3.08? S? *** Van Kampen Exchange VANKAMP ACGJX 3.72% 10.00 B Van Kampen Growth and Income B VANKAMP ACEQX 3.62% 9.81 B Van Kampen Equity and Income B VANKAMP VIFBX 0.00% ???? ?? Van Kampen International Growth B VANKAMP MSRBX 0.00% ???? ?? Van Kampen Emerging Markets B VANKAMP VAGBX 0.00% ???? ?? Van Kampen Aggressive Growth B VANKAMP ACEOX 0.00% ???? ?? Van Kampen Enterprise B VANKAMP VEGBX 0.00% ???? ?? Van Kampen Equity Growth B VANKAMP ACPBX 0.00% ???? ?? Van Kampen Pace B VANKAMP VEPBX 0.00% ???? ?? Van Kampen Equity Premium Income B VANKAMP ACRBX 0.00% ???? ?? Van Kampen Real Estate Secs B VANKAMP MGEBX 0.00% ???? ?? Van Kampen Global Value Equity B VANKAMP VKIBX 0.00% ???? ?? Van Kampen International Advantage B VANKAMP VGFBX 0.00% ???? ?? Van Kampen Global Franchise B VANKAMP VTFBX 0.00% ???? ?? Van Kampen Technology B VANKAMP MSGBX 0.00% ???? ?? Van Kampen Global Equity Alloc B VANKAMP VKUBX 0.00% ???? ?? Van Kampen Utility B VANKAMP VBSGX 0.00% ???? ?? Van Kampen Select Growth B Report Date: 2/04/12 Data Date: 2/03/12 ******************************************************************************** FUND FAMILY: Miscellaneous Funds #1 ******************************************************************************** *** Section 1: "Annualized" Percentage Gains *** (based on start date of 8/16/02 or inception date shown) (and ASSUMING fund is held ONLY when the MFTI-A is a buy/hold) SYMBOL %GAIN Description ------ ------- ----------------------------------- MISC01 DISVX 24.61% DFA Intl. Small Cap Value MISC01 CVGRX 23.50% Calamos Growth A MISC01 ICSCX 21.48% ICM Small Company Portfolio MISC01 BRWIX 20.51% Brandywine Mid-Cap Growth Fund MISC01 HACAX 19.75% Harbor Capital Appreciation Fund Instl. MISC01 NYVTX 19.58% Davis New York Venture Fund A MISC01 AEPGX 19.30% American Funds EuroPacific Gr A MISC01 DODGX 19.11% Dodge & Cox Stock MISC01 DFREX 18.89% DFA Real Estate Securities MISC01 VINIX 18.38% Vanguard Institutional Index MISC01 MDFBX 15.61% Morgan Stanley Mid Cap Value B MISC01 DODBX 13.27% Dodge & Cox Balanced Fund MISC01 MCGFX 13.08% Aston/Montag & Caldwell Growth N MISC01 FPURX 11.30% Fidelity Puritan MISC01 PIMCX 11.14% Pioneer Small Cap Value A *** Section 2: PERFORMANCE OVER PAST 20 TRADING DAYS *** The SCORE Column shows the current rating (0-10) REC values are: "B" (Buy), "H" (Hold), "S" (Sell) A "?" indicates a less accurate Decomposition Funds in the "S" state are prefixed with "***". SYMBOL %GAIN SCORE REC Description ------ ----- ----- --- ----------- MISC01 DISVX 12.49% 9.87 B DFA Intl. Small Cap Value MISC01 ICSCX 10.39% 8.36? B? ICM Small Company Portfolio MISC01 CVGRX 9.03% 9.67 B Calamos Growth A MISC01 BRWIX 9.02% 9.40 B Brandywine Mid-Cap Growth Fund MISC01 AEPGX 8.98% 8.26 B American Funds EuroPacific Gr A MISC01 DFREX 8.95% 9.88 B DFA Real Estate Securities MISC01 HACAX 8.40% 9.71 B Harbor Capital Appreciation Fund Instl. MISC01 DODGX 6.81% 7.20 B Dodge & Cox Stock MISC01 DODBX 5.79% 9.82 B Dodge & Cox Balanced Fund MISC01 NYVTX 5.73% 10.00 B Davis New York Venture Fund A MISC01 VINIX 5.13% 10.00 B Vanguard Institutional Index MISC01 FPURX 4.92% 7.88 B Fidelity Puritan MISC01 MCGFX 3.10% 3.39? S? *** Aston/Montag & Caldwell Growth N MISC01 MDFBX 0.00% ???? ?? Morgan Stanley Mid Cap Value B MISC01 PIMCX 0.00% ???? ?? Pioneer Small Cap Value A *** Average Mutual Fund "Score": 8.21 ******************************************************************************** * End of M U T U A L F U N D R E P O R T ********************************************************************************