| 0 | Hypothetical Performance (1970–2014) | Conservative portfolio | Moderate portfolio |
|---|---|---|---|
| 1 | Growth of $10,000 | $389,519 | $676,126 |
| 2 | Annualized return | 8.1% | 9.4% |
| 3 | Annualized volatility (standard deviation) | 9.1% | 15.6% |
| 4 | Maximum loss | -14.0% | -32.3% |
Disclosure Title
Source
Disclosure
Morningstar Direct Calculated using daily returns from January 1, 1970 – December 31, 2016.
Indexes used include: Stocks, S&P 500 Index; Bonds, IA SBBI US IT Govt; Cash, IA SBBI US 30 Day TBill. The example is hypothetical and provided for illustrative purposes only. It is not intended to represent a specific investment product. Dividends and interest are assumed to have been reinvested, and excludes taxes and fees. If fees and taxes had been considered, performance would have been substantially lower. Indices are unmanaged, do not incur fees and expenses and cannot be invested in directly. Past performance is no guarantee of future results.