7 Twelve A MultiAsset Portfolio designed by Craig

7 Twelve ® A Multi-Asset Portfolio designed by Craig L. Israelsen, Ph. D. 7 Twelve® is a registered trademark belonging to Craig L. Israelsen Dr. Israelsen is not affiliated with LPL Financial www. 7 Twelve. Portfolio. com

7 Twelve ® 7 Core Asset Classes Twelve Actual Holdings US Stock Non-US Stock Real Estate Resources US Bonds www. 7 Twelve. Portfolio. com Non-US Bonds Cash

7 Twelve ® 7 Core Asset Classes Twelve Actual Holdings US Stock Non-US Stock Real Estate Resources US Bonds www. 7 Twelve. Portfolio. com Non-US Bonds Cash

7 Twelve ® Eight Equity and Diversifying Holdings The “Growth Engines” of the Portfolio US Stock Non-US Stock Real Estate Resources US Bonds www. 7 Twelve. Portfolio. com Non-US Bonds Cash

7 Twelve ® Four Fixed Income Holdings The “Risk Reducers” of the Portfolio US Stock Non-US Stock Real Estate Resources US Bonds www. 7 Twelve. Portfolio. com Non-US Bonds Cash

7 Twelve ® Mutual Fund and ETF Disclosures Investing in mutual funds involves risk, including possible loss of principal. An investment in Exchange Traded Funds (ETF), structured as a mutual fund or unit investment trust, involves the risk of losing money and should be considered as part of an overall program, not a complete investment program. An investment in ETFs involves additional risks such as not diversified, price volatility, competitive industry pressure, international political and economic developments, possible trading halts, and index tracking error. Investors should consider the investment objectives, risks, charges and expenses of the investment company carefully before investing. The prospectus and, if available, the summary prospectus contain this and other important information about the investment company. You can obtain a prospectus and summary prospectus from your financial representative. Read carefully before investing. www. 7 Twelve. Portfolio. com

7 Twelve Eight Equity and Diversifying Holdings Four Fixed Income Holdings 65% of Overall Portfolio Allocation US Stock Non-US Stock Real Estate Resources ® 35% of Overall Portfolio Allocation US Bonds www. 7 Twelve. Portfolio. com Non-US Bonds Cash

7 Twelve ® All 12 holdings equally weighted and re-balanced periodically. www. 7 Twelve. Portfolio. com

7 Twelve ® Asset Type Disclosures The prices of small and mid-cap stocks are generally more volatile than large cap stocks. International and emerging market investing involves special risks such as currency fluctuation and political instability and may not be suitable for all investors. Investing in real estate securities involves special risks including market risk, company risk, real estate investing risk, real estate securities risk, interest rate risk, small-cap risk, credit risk, income volatility risk, prepayment risk, extension risk and foreign investment risks, and may not be suitable for all investors. Natural resources and commodities often exhibit fast price swings that will result in significant volatility in an investor’s holdings. Bonds are subject to market and interest rate risk if sold prior to maturity. Bond values will decline as interest rates rise and bonds are subject to availability and change in price. Treasury inflation-protected securities (TIPS) help eliminate inflation risk to your portfolio as the principal is adjusted semiannually for inflation based on the Consumer Price Index – while providing a real rate of return guaranteed by the U. S. Government. www. 7 Twelve. Portfolio. com

7 Twelve ® Diversified Performance: 10 -Year Period from 2004 -2013 60% S&P 500 Index Total Return (TR) 40% Barclay’s U. S. Aggregate Bond Index TR 7 Twelve® Portfolio Large US Stock Mid US Stock Small US Stock 8, 3% 8, 3% 40% 60% US Stock US Bonds Non-US Stock 8, 3% Emerging markets stock Real Estate Resources 8, 3% 8, 3% Commodities US Bonds TIPS Non-US Bonds Cash 10 -Year Annualized Return = 6. 79% 1 See slide note 1 for performance calculations. Past performance is no guarantee of future results. Unmanaged index returns do not reflect fees, expenses, or sale charges. Index performance is not indicative of the performance of any investment. 10 -Year Annualized Return = 7. 84% See slide note 2 for performance calculations. Past performance is no guarantee of future results. Returns do not reflect an advisory fee. www. 7 Twelve. Portfolio. com 2

7 Twelve Growth of $10, 000 ® 10 -Year Period from 2004 -2013 See slide note 1 for performance calculations. Past performance is no guarantee of future results. Unmanaged index returns do not reflect fees, expenses, or sale charges. Index performance is not indicative of the performance of any investment. See slide note 2 for performance calculations. Past performance is no guarantee of future results. Returns do not reflect an advisory fee. 7 Twelve 60% US Stock 40% US Bonds, $21, 266 2 $19, 298 1 www. 7 Twelve. Portfolio. com

The Architect of 7 Twelve ® Craig L. Israelsen, Ph. D. Dr. Israelsen holds a Ph. D. in Family Resource Management from Brigham Young University. He received a B. S. in Agribusiness and a M. S. in Agricultural Economics from Utah State University. He taught at Brigham Young University for 9 years and at the University of Missouri-Columbia for 14 years. He now teaches as an Executive-in-Residence at Utah Valley University in the Personal Financial Planning Program in the Woodbury School of Business. Primary among his research interests is the analysis of mutual funds and the design of investment portfolios. He writes monthly for Financial Planning Magazine and is a regular contributor to the Journal of Indexes and Horsesmouth. com. His research has also been published in the Journal of Financial Planning, Journal of Asset Management (U. K. ), Journal of Performance Measurement, Asia Financial Planning Journal (Singapore), Journal of Family and Economic Issues, and Financial Counseling and Planning. His research has been cited in the Christian Science Monitor, Wall Street Journal, Newsweek, Forbes, Smart Money Magazine, Kiplinger Retirement Report, Advisor Perspectives, Dow Jones Market Watch, Family Circle Magazine, and Bottom Line Personal. Dr. Israelsen is also the developer of the 7 Twelve Portfolio (www. 7 Twelve. Portfolio. com) and the author of three books. His most recent book is titled “ 7 Twelve: A Diversified Investment Portfolio with a Plan” (John Wiley & Sons, 2010). He is married to Tamara Trimble. They have seven children (Sara, Andrew, Heidi, Mark, Nathan, Emma, Jared). Hobbies include running, biking, swimming, woodworking, and family vacations. He has competed in the Boston Marathon 5 times, but has never won. For more information about the 7 Twelve Portfolio visit www. 7 Twelve. Portfolio. com Available from Amazon. com www. 7 Twelve. Portfolio. com