Report

Composite: Vanguard Mid-Cap Index Fund & Vanguard Long-Term Treasury Fund
(5YR Performance Analysis)
End Date 3/31/2016

Yearly Returns YTD Year Year Year Year Year

3/31/2016 2015 2014 2013 2012 2011
Composite Gross 3.32% -2.29% 14.47% 24.87% 10.54% 2.82%
Net 3.27% -3.33% 13.46% 23.19% 9.38% 2.19%

S&P500 Gross 6.45% -2.74% 11.92% 18.99% 14.15% 2.04%

US Corp 1-3 Gross 1.36% 0.74% 1.43% 1.87% 3.59% 2.44%

Composite Gross Hi 10.08% -0.17% 15.07% 36.64% 17.32% 10.61%

Composite Gross Low 1.48% -9.34% 12.51% -2.48% -2.56% -0.80%
Composite # Funds 2 2 2 2 2 2

Rolling returns 1 Year 3 Year 5 Year

Composite Gross 0.96% Gross 13.00% Gross 10.40%
Net 6.20% Net 11.74% Net 9.30%
###
S&P500 Benchmark Gross 3.52% 11.30% 9.94%
US Corp 1-3 RF Gross 2.11% 1.80% 2.29%
###
###
Portfolio θ - Gross 7.37% 7.77%
Sharpe Ratio (Return Adjusted) 1.52% 1.04%
Tracking Error θ 8.68% 8.34%
Information Ratio (Risk Adjusted) 19.67% 5.57%
Mean (Average) 8.68% 0.20%
VAR @ 95% Confidence Level -12.59%
VAR @ 99% Confidence Level -17.89%
###
R2 0.31 0.43
Beta 0.28 0.41
Alpha (Excess Return) 1.71% 0.46%
CAPM (Hurdle Rate) 4.99% 5.59%
###
###
Portfolio θ - Net 7.29% 7.61%
Sharpe Ratio (Return Adjusted) 1.36% 0.92%
Tracking Error θ 8.59% 8.36%
Information Ratio (Risk Adjusted) 19.87% 5.56%
Mean (Average) 8.59% -0.30%

Benchmarks
Index θ 7.40% 7.91%
Mean (Average) 5.14% 4.72%
VAR @ 95% Confidence Level -8.30%
VAR @ 99% Confidence Level -13.69%

RF θ 0.75% 0.84%
Mean (Average) 0.83% 1.08%
VAR @ 95% Confidence Level -0.30%
VAR @ 99% Confidence Level -0.87%

Standard deviation (Excel Population equation)

 Summary

Composite: Vanguard Mid-Cap Index Fund & Vanguard Long-Term Treasury

Fund (5 Years Exposure)
End Date 3/31/16

Composite Asset Growth Of $1,000 - 5 Years

2,500

2,000

1,500

1,000

500

-
Dec- Mar- Jun- Sep- Dec- Mar- Jun- Sep- Dec- Mar- Jun- Sep- Dec- Mar- Jun- Sep- Dec- Mar- Jun- Sep- Dec- Mar-
10 11 11 11 11 12 12 12 12 13 13 13 13 14 14 14 14 15 15 15 15 16

Composite Index

Style Composition - 5 Years

100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
Dec- Mar- Jun- Sep- Dec- Mar- Jun- Sep- Dec- Mar- Jun- Sep- Dec- Mar- Jun- Sep- Dec- Mar- Jun- Sep- Dec- Mar-
10 11 11 11 11 12 12 12 12 13 13 13 13 14 14 14 14 15 15 15 15 16

Fund A Fund B

Asset Value changed from 12/31/2005 to 03/31/2016

Cumulative Annualized
Beg Weight End Weight Asset Asset
Beg MV No Exp End MV Include Exp Returns Returns
Fund A-Gross 600,000 60% 789,920 71% 31.65% 3.29%
Fund B-Gross 400,000 40% 367,160 33% -8.21% -0.84%
Subtotal-Gross 1,000,000 100% 1,157,080 104% 15.71% 1.62%

Expense 0 (43,661) -4% -4.37% -0.45%

Total-Net 1,000,000 100% 1,113,419 100% 11.34% 1.17%

Portfolio Contribution Analysis - Single Period Estimate

Asset Return changed from 12/31/2005 to 03/31/2016
(Not Additive) (Additive)** (Additive)***
Annualized Annualized Annualized Annualized
Fund Fund Composite* Composite Composite Composite
Cumulative Cumulative Weighted Weighted Weighted Weighted
Return Return Return Return Return Return
Fund A-Gross 31.65% 3.29% 21.21% 2.20% 2.16% 0.83%
Fund B-Gross -8.21% -0.84% -5.50% -0.56% -0.55% 0.39%
Sum 23.4433% 15.7080% 1.6337% 1.6094% 1.2151%

Subtotal-Gross 15.7080% 15.7080% 1.6226% 1.6094% 1.2151%

Diff: Sum Vs. Subtotal 0.0000% 0.0111% 0.0000% 0.0000%

Expense -4.37% -4.37% -0.45% -0.44% -0.05%

Total-Net 11.34% 11.34% 1.17% 1.17% 1.17%
Fund requires 5 years of returns (quarterly). Ending period must match to instructor request.
Creation Date 12/31/2005
Investment Name Vanguard Mid-Cap Index Fund
Asset Class:
t: Need to add drop
Initial Investment ($) $ 600,000 down
Total Expense (%) 1.16%
Data Frequency Quarter 0.290%
Return Type Net

Actual Return Model Return

Net Gross Up
Date Returns (%) Returns (%)
3/31/16 1.190% 1.480%
12/31/15 3.440% 3.730%
9/30/15 -7.450% -7.160%
6/30/15 -1.160% -0.870%
3/31/15 4.280% 4.570%
12/31/14 6.640% 6.930%
9/30/14 -1.140% -0.850%
6/30/14 4.510% 4.800%
3/31/14 3.270% 3.560%
12/31/13 8.620% 8.910%
9/30/13 7.690% 7.980%
6/30/13 2.360% 2.650%
3/31/13 12.900% 13.190%
12/31/12 2.840% 3.130%
9/30/12 5.210% 5.500%
6/30/12 -5.460% -5.170%
3/31/12 13.420% 13.710%
12/31/11 12.130% 12.420%
9/30/11 -19.130% -18.840%
6/30/11 -0.090% 0.200%
3/31/11 8.220% 8.510%
12/31/10 13.590% 13.880%
9/30/10 12.950% 13.240%
6/30/10 -9.880% -9.590%
3/31/10 8.680% 8.970%
12/31/09 6.580% 6.870%
9/30/09 21.640% 21.930%
6/30/09 18.300% 18.590%
3/31/09 -8.380% -8.090%
12/31/08 -25.620% -25.330%
9/30/08 -15.050% -14.760%
6/30/08 3.020% 3.310%
 3/31/08 -10.530% -10.240%
12/31/07 -3.410% -3.120%
9/30/07 -0.910% -0.620%
6/30/07 6.080% 6.370%
3/31/07 4.610% 4.900%
12/31/06 7.400% 7.690%
9/30/06 1.350% 1.640%
6/30/06 -2.890% -2.600%
3/31/06 7.640% 7.930%
Investment Name Vanguard Long-Term Treasury Fund
Asset Class: t: Need to add drop
Initial Investment ($) $ 400,000 down
Total Expense (%) 0.62%
Data Frequency Quarter 0.155%
Return Type Net

Actual Return Model Return

Net Gross Up
Date Returns (%) Returns (%)
3/31/16 8.330% 8.485%
12/31/15 -1.590% -1.435%
9/30/15 5.470% 5.625%
6/30/15 -8.670% -8.515%
3/31/15 3.980% 4.135%
12/31/14 8.550% 8.705%
9/30/14 2.790% 2.945%
6/30/14 4.460% 4.615%
3/31/14 7.590% 7.745%
12/31/13 -3.520% -3.365%
9/30/13 -2.310% -2.155%
6/30/13 -5.750% -5.595%
3/31/13 -2.000% -1.845%
12/31/12 -1.070% -0.915%
9/30/12 0.110% 0.265%
6/30/12 10.900% 11.055%
3/31/12 -5.700% -5.545%
12/31/11 1.530% 1.685%
9/30/11 24.760% 24.915%
6/30/11 3.330% 3.485%
3/31/11 -1.120% -0.965%
12/31/10 -8.210% -8.055%
9/30/10 4.980% 5.135%
6/30/10 12.140% 12.295%
3/31/10 0.930% 1.085%
12/31/09 -5.230% -5.075%
9/30/09 4.560% 4.715%
6/30/09 -6.850% -6.695%
3/31/09 -4.590% -4.435%
12/31/08 17.620% 17.775%
9/30/08 2.430% 2.585%
6/30/08 -2.170% -2.015%
 3/31/08 4.090% 4.245%
12/31/07 5.590% 5.745%
9/30/07 4.670% 4.825%
6/30/07 -1.930% -1.775%
3/31/07 0.940% 1.095%
12/31/06 0.540% 0.695%
9/30/06 6.320% 6.475%
6/30/06 -1.250% -1.095%
3/31/06 -3.450% -3.295%
Idenifier Index RF
S&P500 BofA Merrill Lynch US Corp 1-3yr Total Return Index Value
Frequency: Monthly Frequency: Monthly
observation_date SP500 observation_date BAMLCC1A013YTRIV
2006-05-01 1270.09 2006-05-01 1144.96
2006-06-01 1270.20 2006-06-01 1147.29
2006-07-01 1276.66 2006-07-01 1156.68
2006-08-01 1303.82 2006-08-01 1165.89
2006-09-01 1335.85 2006-09-01 1172.59
2006-10-01 1377.94 2006-10-01 1178.06
2006-11-01 1400.63 2006-11-01 1185.02
2006-12-01 1418.30 2006-12-01 1186.37
2007-01-01 1438.24 2007-01-01 1189.54
2007-02-01 1406.82 2007-02-01 1200.01
2007-03-01 1420.86 2007-03-01 1204.99
2007-04-01 1482.37 2007-04-01 1209.83
2007-05-01 1530.62 2007-05-01 1208.85
2007-06-01 1503.35 2007-06-01 1213.78
2007-07-01 1455.27 2007-07-01 1221.21
2007-08-01 1473.99 2007-08-01 1226.62
2007-09-01 1526.75 2007-09-01 1233.95
2007-10-01 1549.38 2007-10-01 1240.02
2007-11-01 1481.14 2007-11-01 1251.71
2007-12-01 1468.36 2007-12-01 1253.63
2008-01-01 1378.55 2008-01-01 1275.13
2008-02-01 1330.63 2008-02-01 1286.04
2008-03-01 1322.70 2008-03-01 1274.44
2008-04-01 1385.59 2008-04-01 1273.49
2008-05-01 1400.38 2008-05-01 1275.65
2008-06-01 1280.00 2008-06-01 1276.62
2008-07-01 1267.38 2008-07-01 1276.72
2008-08-01 1282.83 2008-08-01 1284.04
2008-09-01 1166.36 2008-09-01 1223.09
2008-10-01 968.75 2008-10-01 1183.42
2008-11-01 896.24 2008-11-01 1198.37
2008-12-01 903.25 2008-12-01 1220.08
2009-01-01 825.88 2009-01-01 1242.28
2009-02-01 735.09 2009-02-01 1232.35
2009-03-01 797.87 2009-03-01 1231.95
2009-04-01 872.81 2009-04-01 1269.50
2009-05-01 919.14 2009-05-01 1306.97
2009-06-01 919.32 2009-06-01 1324.53
2009-07-01 987.48 2009-07-01 1344.80
2009-08-01 1020.62 2009-08-01 1362.88
2009-09-01 1057.08 2009-09-01 1376.66
2009-10-01 1036.19 2009-10-01 1389.73
2009-11-01 1095.63 2009-11-01 1401.57
2009-12-01 1115.10 2009-12-01 1399.31
2010-01-01 1073.87 2010-01-01 1416.14
2010-02-01 1104.49 2010-02-01 1420.97
2010-03-01 1169.43 2010-03-01 1425.21
2010-04-01 1186.69 2010-04-01 1432.09
2010-05-01 1089.41 2010-05-01 1426.19
2010-06-01 1030.71 2010-06-01 1434.12
2010-07-01 1101.60 2010-07-01 1448.15
2010-08-01 1049.33 2010-08-01 1455.12
2010-09-01 1141.20 2010-09-01 1463.59
2010-10-01 1183.26 2010-10-01 1470.76
2010-11-01 1180.55 2010-11-01 1468.00
2010-12-01 1257.64 2010-12-01 1467.33
2011-01-01 1286.12 2011-01-01 1473.29
2011-02-01 1327.22 2011-02-01 1476.12
2011-03-01 1325.83 2011-03-01 1477.46
2011-04-01 1363.61 2011-04-01 1487.28
2011-05-01 1345.20 2011-05-01 1493.40
2011-06-01 1320.64 2011-06-01 1492.93
2011-07-01 1292.28 2011-07-01 1499.12
2011-08-01 1218.89 2011-08-01 1492.94
2011-09-01 1131.42 2011-09-01 1484.28
2011-10-01 1253.30 2011-10-01 1495.72
2011-11-01 1246.96 2011-11-01 1489.08
2011-12-01 1257.60 2011-12-01 1493.22
2012-01-01 1312.41 2012-01-01 1509.26
2012-02-01 1365.68 2012-02-01 1516.38
2012-03-01 1408.47 2012-03-01 1520.84
2012-04-01 1397.91 2012-04-01 1523.97
2012-05-01 1310.33 2012-05-01 1521.29
2012-06-01 1362.16 2012-06-01 1526.32
2012-07-01 1379.32 2012-07-01 1538.02
2012-08-01 1406.58 2012-08-01 1544.06
2012-09-01 1440.67 2012-09-01 1551.17
2012-10-01 1412.16 2012-10-01 1555.82
2012-11-01 1416.18 2012-11-01 1557.16
2012-12-01 1426.19 2012-12-01 1560.20
2013-01-01 1498.11 2013-01-01 1563.37
2013-02-01 1514.68 2013-02-01 1566.85
2013-03-01 1569.19 2013-03-01 1568.84
2013-04-01 1597.57 2013-04-01 1573.65
2013-05-01 1630.74 2013-05-01 1571.75
2013-06-01 1606.28 2013-06-01 1565.29
2013-07-01 1685.73 2013-07-01 1571.84
2013-08-01 1632.97 2013-08-01 1571.72
2013-09-01 1681.55 2013-09-01 1578.47
2013-10-01 1756.54 2013-10-01 1584.62
2013-11-01 1805.81 2013-11-01 1588.38
2013-12-01 1848.36 2013-12-01 1587.92
2014-01-01 1782.59 2014-01-01 1592.63
2014-02-01 1859.45 2014-02-01 1596.87
2014-03-01 1872.34 2014-03-01 1596.41
2014-04-01 1883.95 2014-04-01 1600.30
2014-05-01 1923.57 2014-05-01 1606.11
2014-06-01 1960.23 2014-06-01 1606.90
2014-07-01 1930.67 2014-07-01 1605.46
2014-08-01 2003.37 2014-08-01 1608.89
2014-09-01 1972.29 2014-09-01 1607.17
2014-10-01 2018.05 2014-10-01 1610.58
2014-11-01 2067.56 2014-11-01 1613.03
2014-12-01 2058.90 2014-12-01 1606.76
2015-01-01 1994.99 2015-01-01 1615.40
2015-02-01 2104.50 2015-02-01 1616.93
2015-03-01 2067.89 2015-03-01 1620.15
2015-04-01 2085.51 2015-04-01 1622.84
2015-05-01 2107.39 2015-05-01 1624.64
2015-06-01 2063.11 2015-06-01 1622.19
2015-07-01 2103.84 2015-07-01 1623.19
2015-08-01 1972.18 2015-08-01 1620.61
2015-09-01 1920.03 2015-09-01 1625.10
2015-10-01 2079.36 2015-10-01 1628.25
2015-11-01 2080.41 2015-11-01 1627.09
2015-12-01 2043.94 2015-12-01 1623.03
2016-01-01 1940.24 2016-01-01 1627.41
2016-02-01 1932.23 2016-02-01 1628.97
2016-03-01 2059.74 2016-03-01 1642.75
2016-04-01 2065.30 2016-04-01 1649.52
2016-05-01 #N/A 2016-05-01 #N/A
Information extracted from "Index" Tab Information extracted from "Input_MF" Tab
Fund A Gr
Date Year Index 0 Fund A Gr Fund A Net Value
3/31/06 0.0793 0.0764 1.08
4/30/06 1270.09 1144.96 #N/A #N/A 1.08
5/31/06 1270.20 1147.29 #N/A #N/A 1.08
6/30/06 1276.66 1156.68 -0.026 -0.0289 1.05
7/31/06 1303.82 1165.89 #N/A #N/A 1.05
8/31/06 1335.85 1172.59 #N/A #N/A 1.05
9/30/06 1377.94 1178.06 0.0164 0.0135 1.07
10/31/06 1400.63 1185.02 #N/A #N/A 1.07
11/30/06 1418.30 1186.37 #N/A #N/A 1.07
12/31/06 2006 1438.24 1189.54 0.0769 0.074 1.15
1/31/07 1406.82 1200.01 #N/A #N/A 1.15
2/28/07 1420.86 1204.99 #N/A #N/A 1.15
3/31/07 1482.37 1209.83 0.049 0.0461 1.21
4/30/07 1530.62 1208.85 #N/A #N/A 1.21
5/31/07 1503.35 1213.78 #N/A #N/A 1.21
6/30/07 1455.27 1221.21 0.0637 0.0608 1.28
7/31/07 1473.99 1226.62 #N/A #N/A 1.28
8/31/07 1526.75 1233.95 #N/A #N/A 1.28
9/30/07 1549.38 1240.02 -0.0062 -0.0091 1.28
10/31/07 1481.14 1251.71 #N/A #N/A 1.28
11/30/07 1468.36 1253.63 #N/A #N/A 1.28
12/31/07 2007 1378.55 1275.13 -0.0312 -0.0341 1.24
1/31/08 1330.63 1286.04 #N/A #N/A 1.24
2/29/08 1322.70 1274.44 #N/A #N/A 1.24
3/31/08 1385.59 1273.49 -0.1024 -0.1053 1.11
4/30/08 1400.38 1275.65 #N/A #N/A 1.11
5/31/08 1280.00 1276.62 #N/A #N/A 1.11
6/30/08 1267.38 1276.72 0.0331 0.0302 1.15
7/31/08 1282.83 1284.04 #N/A #N/A 1.15
8/31/08 1166.36 1223.09 #N/A #N/A 1.15
9/30/08 968.75 1183.42 -0.1476 -0.1505 0.98
10/31/08 896.24 1198.37 #N/A #N/A 0.98
11/30/08 903.25 1220.08 #N/A #N/A 0.98
12/31/08 2008 825.88 1242.28 -0.2533 -0.2562 0.73
1/31/09 735.09 1232.35 #N/A #N/A 0.73
2/28/09 797.87 1231.95 #N/A #N/A 0.73
3/31/09 872.81 1269.50 -0.0809 -0.0838 0.67
4/30/09 919.14 1306.97 #N/A #N/A 0.67
5/31/09 919.32 1324.53 #N/A #N/A 0.67
6/30/09 987.48 1344.80 0.1859 0.183 0.80
7/31/09 1020.62 1362.88 #N/A #N/A 0.80
8/31/09 1057.08 1376.66 #N/A #N/A 0.80
 9/30/09 1036.19 1389.73 0.2193 0.2164 0.97
10/31/09 1095.63 1401.57 #N/A #N/A 0.97
11/30/09 1115.10 1399.31 #N/A #N/A 0.97
12/31/09 2009 1073.87 1416.14 0.0687 0.0658 1.04
1/31/10 1104.49 1420.97 #N/A #N/A 1.04
2/28/10 1169.43 1425.21 #N/A #N/A 1.04
3/31/10 1186.69 1432.09 0.0897 0.0868 1.13
4/30/10 1089.41 1426.19 #N/A #N/A 1.13
5/31/10 1030.71 1434.12 #N/A #N/A 1.13
6/30/10 1101.60 1448.15 -0.0959 -0.0988 1.02
7/31/10 1049.33 1455.12 #N/A #N/A 1.02
8/31/10 1141.20 1463.59 #N/A #N/A 1.02
9/30/10 1183.26 1470.76 0.1324 0.1295 1.16
10/31/10 1180.55 1468.00 #N/A #N/A 1.16
11/30/10 1257.64 1467.33 #N/A #N/A 1.16
12/31/10 2010 1286.12 1473.29 0.1388 0.1359 1.32
1/31/11 1327.22 1476.12 #N/A #N/A 1.32
2/28/11 1325.83 1477.46 #N/A #N/A 1.32
3/31/11 1363.61 1487.28 0.0851 0.0822 1.43
4/30/11 1345.20 1493.40 #N/A #N/A 1.43
5/31/11 1320.64 1492.93 #N/A #N/A 1.43
6/30/11 1292.28 1499.12 0.002 -0.0009 1.43
7/31/11 1218.89 1492.94 #N/A #N/A 1.43
8/31/11 1131.42 1484.28 #N/A #N/A 1.43
9/30/11 1253.30 1495.72 -0.1884 -0.1913 1.16
10/31/11 1246.96 1489.08 #N/A #N/A 1.16
11/30/11 1257.60 1493.22 #N/A #N/A 1.16
12/31/11 2011 1312.41 1509.26 0.1242 0.1213 1.31
1/31/12 1365.68 1516.38 #N/A #N/A 1.31
2/29/12 1408.47 1520.84 #N/A #N/A 1.31
3/31/12 1397.91 1523.97 0.1371 0.1342 1.49
4/30/12 1310.33 1521.29 #N/A #N/A 1.49
5/31/12 1362.16 1526.32 #N/A #N/A 1.49
6/30/12 1379.32 1538.02 -0.0517 -0.0546 1.41
7/31/12 1406.58 1544.06 #N/A #N/A 1.41
8/31/12 1440.67 1551.17 #N/A #N/A 1.41
9/30/12 1412.16 1555.82 0.055 0.0521 1.49
10/31/12 1416.18 1557.16 #N/A #N/A 1.49
11/30/12 1426.19 1560.20 #N/A #N/A 1.49
12/31/12 2012 1498.11 1563.37 0.0313 0.0284 1.53
1/31/13 1514.68 1566.85 #N/A #N/A 1.53
2/28/13 1569.19 1568.84 #N/A #N/A 1.53
3/31/13 1597.57 1573.65 0.1319 0.129 1.73
4/30/13 1630.74 1571.75 #N/A #N/A 1.73
5/31/13 1606.28 1565.29 #N/A #N/A 1.73
 6/30/13 1685.73 1571.84 0.0265 0.0236 1.78
7/31/13 1632.97 1571.72 #N/A #N/A 1.78
8/31/13 1681.55 1578.47 #N/A #N/A 1.78
9/30/13 1756.54 1584.62 0.0798 0.0769 1.92
10/31/13 1805.81 1588.38 #N/A #N/A 1.92
11/30/13 1848.36 1587.92 #N/A #N/A 1.92
12/31/13 2013 1782.59 1592.63 0.0891 0.0862 2.09
1/31/14 1859.45 1596.87 #N/A #N/A 2.09
2/28/14 1872.34 1596.41 #N/A #N/A 2.09
3/31/14 1883.95 1600.30 0.0356 0.0327 2.17
4/30/14 1923.57 1606.11 #N/A #N/A 2.17
5/31/14 1960.23 1606.90 #N/A #N/A 2.17
6/30/14 1930.67 1605.46 0.048 0.0451 2.27
7/31/14 2003.37 1608.89 #N/A #N/A 2.27
8/31/14 1972.29 1607.17 #N/A #N/A 2.27
9/30/14 2018.05 1610.58 -0.0085 -0.0114 2.25
10/31/14 2067.56 1613.03 #N/A #N/A 2.25
11/30/14 2058.90 1606.76 #N/A #N/A 2.25
12/31/14 2014 1994.99 1615.40 0.0693 0.0664 2.41
1/31/15 2104.50 1616.93 #N/A #N/A 2.41
2/28/15 2067.89 1620.15 #N/A #N/A 2.41
3/31/15 2085.51 1622.84 0.0457 0.0428 2.52
4/30/15 2107.39 1624.64 #N/A #N/A 2.52
5/31/15 2063.11 1622.19 #N/A #N/A 2.52
6/30/15 2103.84 1623.19 -0.0087 -0.0116 2.50
7/31/15 1972.18 1620.61 #N/A #N/A 2.50
8/31/15 1920.03 1625.10 #N/A #N/A 2.50
9/30/15 2079.36 1628.25 -0.0716 -0.0745 2.32
10/31/15 2080.41 1627.09 #N/A #N/A 2.32
11/30/15 2043.94 1623.03 #N/A #N/A 2.32
12/31/15 2015 1940.24 1627.41 0.0373 0.0344 2.40
1/31/16 1932.23 1628.97 #N/A #N/A 2.40
2/29/16 2059.74 1642.75 #N/A #N/A 2.40
3/31/16 2065.30 1649.52 0.0148 0.0119 2.44
4/30/16 2016 #N/A #N/A #N/A #N/A 2.44
12/29/99 0.00 0.00 #N/A #N/A 2.44
12/29/99 0.00 0.00 #N/A #N/A 2.44
12/29/99 0.00 0.00 #N/A #N/A 2.44
12/29/99 0.00 0.00 #N/A #N/A 2.44
12/29/99 0.00 0.00 #N/A #N/A 2.44
12/29/99 0.00 0.00 #N/A #N/A 2.44
12/29/99 0.00 0.00 #N/A #N/A 2.44
12/29/99 0.00 0.00 #N/A #N/A 2.44
12/29/99 0.00 0.00 #N/A #N/A 2.44
12/29/99 0.00 0.00 #N/A #N/A 2.44
12/29/99 0.00 0.00 #N/A #N/A 2.44
12/29/99 0.00 0.00 #N/A #N/A 2.44
om "Input_MF" Tab MVAGr MVANet
Fund A Net Fund B Gr Fund B Net
Value 600,000 600,000 Fund B Gr Fund B Net Value Value
1.08 647,580 645,840 -0.0345 -0.03295 0.97 0.97
1.08 647,580 645,840 #N/A #N/A 1.00 1.00
1.08 647,580 645,840 #N/A #N/A 1.00 1.00
1.05 630,743 627,175 -0.0125 -0.01095 0.99 0.99
1.05 630,743 627,175 #N/A #N/A 1.00 1.00
1.05 630,743 627,175 #N/A #N/A 1.00 1.00
1.06 641,087 635,642 0.0632 0.06475 1.06 1.06
1.06 641,087 635,642 #N/A #N/A 1.00 1.00
1.06 641,087 635,642 #N/A #N/A 1.00 1.00
1.14 690,387 682,680 0.0054 0.00695 1.01 1.01
1.14 690,387 682,680 #N/A #N/A 1.00 1.00
1.14 690,387 682,680 #N/A #N/A 1.00 1.00
1.19 724,216 714,151 0.0094 0.01095 1.01 1.01
1.19 724,216 714,151 #N/A #N/A 1.00 1.00
1.19 724,216 714,151 #N/A #N/A 1.00 1.00
1.26 770,348 757,572 -0.0193 -0.01775 0.98 0.98
1.26 770,348 757,572 #N/A #N/A 1.00 1.00
1.26 770,348 757,572 #N/A #N/A 1.00 1.00
1.25 765,572 750,678 0.0467 0.04825 1.05 1.05
1.25 765,572 750,678 #N/A #N/A 1.00 1.00
1.25 765,572 750,678 #N/A #N/A 1.00 1.00
1.21 741,686 725,080 0.0559 0.05745 1.06 1.06
1.21 741,686 725,080 #N/A #N/A 1.00 1.00
1.21 741,686 725,080 #N/A #N/A 1.00 1.00
1.08 665,738 648,729 0.0409 0.04245 1.04 1.04
1.08 665,738 648,729 #N/A #N/A 1.00 1.00
1.08 665,738 648,729 #N/A #N/A 1.00 1.00
1.11 687,773 668,320 -0.0217 -0.02015 0.98 0.98
1.11 687,773 668,320 #N/A #N/A 1.00 1.00
1.11 687,773 668,320 #N/A #N/A 1.00 1.00
0.95 586,258 567,738 0.0243 0.02585 1.02 1.03
0.95 586,258 567,738 #N/A #N/A 1.00 1.00
0.95 586,258 567,738 #N/A #N/A 1.00 1.00
0.70 437,759 422,284 0.1762 0.17775 1.18 1.18
0.70 437,759 422,284 #N/A #N/A 1.00 1.00
0.70 437,759 422,284 #N/A #N/A 1.00 1.00
0.64 402,344 386,896 -0.0459 -0.04435 0.95 0.96
0.64 402,344 386,896 #N/A #N/A 1.00 1.00
0.64 402,344 386,896 #N/A #N/A 1.00 1.00
0.76 477,140 457,698 -0.0685 -0.06695 0.93 0.93
0.76 477,140 457,698 #N/A #N/A 1.00 1.00
0.76 477,140 457,698 #N/A #N/A 1.00 1.00
0.93 581,777 556,744 0.0456 0.04715 1.05 1.05
0.93 581,777 556,744 #N/A #N/A 1.00 1.00
0.93 581,777 556,744 #N/A #N/A 1.00 1.00
0.99 621,745 593,378 -0.0523 -0.05075 0.95 0.95
0.99 621,745 593,378 #N/A #N/A 1.00 1.00
0.99 621,745 593,378 #N/A #N/A 1.00 1.00
1.07 677,515 644,883 0.0093 0.01085 1.01 1.01
1.07 677,515 644,883 #N/A #N/A 1.00 1.00
1.07 677,515 644,883 #N/A #N/A 1.00 1.00
0.97 612,542 581,169 0.1214 0.12295 1.12 1.12
0.97 612,542 581,169 #N/A #N/A 1.00 1.00
0.97 612,542 581,169 #N/A #N/A 1.00 1.00
1.09 693,642 656,430 0.0498 0.05135 1.05 1.05
1.09 693,642 656,430 #N/A #N/A 1.00 1.00
1.09 693,642 656,430 #N/A #N/A 1.00 1.00
1.24 789,920 745,639 -0.0821 -0.08055 0.92 0.92
1.24 789,920 745,639 #N/A #N/A 1.00 1.00
1.24 789,920 745,639 #N/A #N/A 1.00 1.00
1.34 857,142 806,930 -0.0112 -0.00965 0.99 0.99
1.34 857,142 806,930 #N/A #N/A 1.00 1.00
1.34 857,142 806,930 #N/A #N/A 1.00 1.00
1.34 858,856 806,204 0.0333 0.03485 1.03 1.03
1.34 858,856 806,204 #N/A #N/A 1.00 1.00
1.34 858,856 806,204 #N/A #N/A 1.00 1.00
1.09 697,048 651,977 0.2476 0.24915 1.25 1.25
1.09 697,048 651,977 #N/A #N/A 1.00 1.00
1.09 697,048 651,977 #N/A #N/A 1.00 1.00
1.22 783,621 731,062 0.0153 0.01685 1.02 1.02
1.22 783,621 731,062 #N/A #N/A 1.00 1.00
1.22 783,621 731,062 #N/A #N/A 1.00 1.00
1.38 891,055 829,171 -0.057 -0.05545 0.94 0.94
1.38 891,055 829,171 #N/A #N/A 1.00 1.00
1.38 891,055 829,171 #N/A #N/A 1.00 1.00
1.31 844,988 783,898 0.109 0.11055 1.11 1.11
1.31 844,988 783,898 #N/A #N/A 1.00 1.00
1.31 844,988 783,898 #N/A #N/A 1.00 1.00
1.37 891,462 824,739 0.0011 0.00265 1.00 1.00
1.37 891,462 824,739 #N/A #N/A 1.00 1.00
1.37 891,462 824,739 #N/A #N/A 1.00 1.00
1.41 919,365 848,162 -0.0107 -0.00915 0.99 0.99
1.41 919,365 848,162 #N/A #N/A 1.00 1.00
1.41 919,365 848,162 #N/A #N/A 1.00 1.00
1.60 1,040,629 957,574 -0.02 -0.01845 0.98 0.98
1.60 1,040,629 957,574 #N/A #N/A 1.00 1.00
1.60 1,040,629 957,574 #N/A #N/A 1.00 1.00
1.63 1,068,206 980,173 -0.0575 -0.05595 0.94 0.94
1.63 1,068,206 980,173 #N/A #N/A 1.00 1.00
1.63 1,068,206 980,173 #N/A #N/A 1.00 1.00
1.76 1,153,449 1,055,548 -0.0231 -0.02155 0.98 0.98
1.76 1,153,449 1,055,548 #N/A #N/A 1.00 1.00
1.76 1,153,449 1,055,548 #N/A #N/A 1.00 1.00
1.91 1,256,221 1,146,537 -0.0352 -0.03365 0.96 0.97
1.91 1,256,221 1,146,537 #N/A #N/A 1.00 1.00
1.91 1,256,221 1,146,537 #N/A #N/A 1.00 1.00
1.97 1,300,942 1,184,028 0.0759 0.07745 1.08 1.08
1.97 1,300,942 1,184,028 #N/A #N/A 1.00 1.00
1.97 1,300,942 1,184,028 #N/A #N/A 1.00 1.00
2.06 1,363,388 1,237,428 0.0446 0.04615 1.04 1.05
2.06 1,363,388 1,237,428 #N/A #N/A 1.00 1.00
2.06 1,363,388 1,237,428 #N/A #N/A 1.00 1.00
2.04 1,351,799 1,223,321 0.0279 0.02945 1.03 1.03
2.04 1,351,799 1,223,321 #N/A #N/A 1.00 1.00
2.04 1,351,799 1,223,321 #N/A #N/A 1.00 1.00
2.17 1,445,479 1,304,550 0.0855 0.08705 1.09 1.09
2.17 1,445,479 1,304,550 #N/A #N/A 1.00 1.00
2.17 1,445,479 1,304,550 #N/A #N/A 1.00 1.00
2.27 1,511,537 1,360,385 0.0398 0.04135 1.04 1.04
2.27 1,511,537 1,360,385 #N/A #N/A 1.00 1.00
2.27 1,511,537 1,360,385 #N/A #N/A 1.00 1.00
2.24 1,498,387 1,344,604 -0.0867 -0.08515 0.91 0.91
2.24 1,498,387 1,344,604 #N/A #N/A 1.00 1.00
2.24 1,498,387 1,344,604 #N/A #N/A 1.00 1.00
2.07 1,391,102 1,244,431 0.0547 0.05625 1.05 1.06
2.07 1,391,102 1,244,431 #N/A #N/A 1.00 1.00
2.07 1,391,102 1,244,431 #N/A #N/A 1.00 1.00
2.15 1,442,990 1,287,240 -0.0159 -0.01435 0.98 0.99
2.15 1,442,990 1,287,240 #N/A #N/A 1.00 1.00
2.15 1,442,990 1,287,240 #N/A #N/A 1.00 1.00
2.17 1,464,346 1,302,558 0.0833 0.08485 1.08 1.08
2.17 1,464,346 1,302,558 #N/A #N/A 1.00 1.00
2.17 1,464,346 1,302,558 #N/A #N/A 1.00 1.00
2.17 1,464,346 1,302,558 #N/A #N/A 1.00 1.00
2.17 1,464,346 1,302,558 #N/A #N/A 1.00 1.00
2.17 1,464,346 1,302,558 #N/A #N/A 1.00 1.00
2.17 1,464,346 1,302,558 #N/A #N/A 1.00 1.00
2.17 1,464,346 1,302,558 #N/A #N/A 1.00 1.00
2.17 1,464,346 1,302,558 #N/A #N/A 1.00 1.00
2.17 1,464,346 1,302,558 #N/A #N/A 1.00 1.00
2.17 1,464,346 1,302,558 #N/A #N/A 1.00 1.00
2.17 1,464,346 1,302,558 #N/A #N/A 1.00 1.00
2.17 1,464,346 1,302,558 #N/A #N/A 1.00 1.00
2.17 1,464,346 1,302,558 #N/A #N/A 1.00 1.00
MVBGr MVBNet TMVGr TMVNet

400,000 400,000 1,000,000 1,000,000

386,200 386,820 1,033,780 1,032,660
400,000 400,000 1,047,580 1,045,840
400,000 400,000 1,047,580 1,045,840
395,000 395,620 1,025,743 1,022,795
400,000 400,000 1,030,743 1,027,175
400,000 400,000 1,030,743 1,027,175
425,280 425,900 1,066,367 1,061,542
400,000 400,000 1,041,087 1,035,642
400,000 400,000 1,041,087 1,035,642
402,160 402,780 1,092,547 1,085,460
400,000 400,000 1,090,387 1,082,680
400,000 400,000 1,090,387 1,082,680
403,760 404,380 1,127,976 1,118,531
400,000 400,000 1,124,216 1,114,151
400,000 400,000 1,124,216 1,114,151
392,280 392,900 1,162,628 1,150,472
400,000 400,000 1,170,348 1,157,572
400,000 400,000 1,170,348 1,157,572
418,680 419,300 1,184,252 1,169,978
400,000 400,000 1,165,572 1,150,678
400,000 400,000 1,165,572 1,150,678
422,360 422,980 1,164,046 1,148,060
400,000 400,000 1,141,686 1,125,080
400,000 400,000 1,141,686 1,125,080
416,360 416,980 1,082,098 1,065,709
400,000 400,000 1,065,738 1,048,729
400,000 400,000 1,065,738 1,048,729
391,320 391,940 1,079,093 1,060,260
400,000 400,000 1,087,773 1,068,320
400,000 400,000 1,087,773 1,068,320
409,720 410,340 995,978 978,078
400,000 400,000 986,258 967,738
400,000 400,000 986,258 967,738
470,480 471,100 908,239 893,384
400,000 400,000 837,759 822,284
400,000 400,000 837,759 822,284
381,640 382,260 783,984 769,156
400,000 400,000 802,344 786,896
400,000 400,000 802,344 786,896
372,600 373,220 849,740 830,918
400,000 400,000 877,140 857,698
400,000 400,000 877,140 857,698
418,240 418,860 1,000,017 975,604
400,000 400,000 981,777 956,744
400,000 400,000 981,777 956,744
379,080 379,700 1,000,825 973,078
400,000 400,000 1,021,745 993,378
400,000 400,000 1,021,745 993,378
403,720 404,340 1,081,235 1,049,223
400,000 400,000 1,077,515 1,044,883
400,000 400,000 1,077,515 1,044,883
448,560 449,180 1,061,102 1,030,349
400,000 400,000 1,012,542 981,169
400,000 400,000 1,012,542 981,169
419,920 420,540 1,113,562 1,076,970
400,000 400,000 1,093,642 1,056,430
400,000 400,000 1,093,642 1,056,430
367,160 367,780 1,157,080 1,113,419
400,000 400,000 1,189,920 1,145,639
400,000 400,000 1,189,920 1,145,639
395,520 396,140 1,252,662 1,203,070
400,000 400,000 1,257,142 1,206,930
400,000 400,000 1,257,142 1,206,930
413,320 413,940 1,272,176 1,220,144
400,000 400,000 1,258,856 1,206,204
400,000 400,000 1,258,856 1,206,204
499,040 499,660 1,196,088 1,151,637
400,000 400,000 1,097,048 1,051,977
400,000 400,000 1,097,048 1,051,977
406,120 406,740 1,189,741 1,137,802
400,000 400,000 1,183,621 1,131,062
400,000 400,000 1,183,621 1,131,062
377,200 377,820 1,268,255 1,206,991
400,000 400,000 1,291,055 1,229,171
400,000 400,000 1,291,055 1,229,171
443,600 444,220 1,288,588 1,228,118
400,000 400,000 1,244,988 1,183,898
400,000 400,000 1,244,988 1,183,898
400,440 401,060 1,291,902 1,225,799
400,000 400,000 1,291,462 1,224,739
400,000 400,000 1,291,462 1,224,739
395,720 396,340 1,315,085 1,244,502
400,000 400,000 1,319,365 1,248,162
400,000 400,000 1,319,365 1,248,162
392,000 392,620 1,432,629 1,350,194
400,000 400,000 1,440,629 1,357,574
400,000 400,000 1,440,629 1,357,574
377,000 377,620 1,445,206 1,357,793
400,000 400,000 1,468,206 1,380,173
400,000 400,000 1,468,206 1,380,173
390,760 391,380 1,544,209 1,446,928
400,000 400,000 1,553,449 1,455,548
400,000 400,000 1,553,449 1,455,548
385,920 386,540 1,642,141 1,533,077
400,000 400,000 1,656,221 1,546,537
400,000 400,000 1,656,221 1,546,537
430,360 430,980 1,731,302 1,615,008
400,000 400,000 1,700,942 1,584,028
400,000 400,000 1,700,942 1,584,028
417,840 418,460 1,781,228 1,655,888
400,000 400,000 1,763,388 1,637,428
400,000 400,000 1,763,388 1,637,428
411,160 411,780 1,762,959 1,635,101
400,000 400,000 1,751,799 1,623,321
400,000 400,000 1,751,799 1,623,321
434,200 434,820 1,879,679 1,739,370
400,000 400,000 1,845,479 1,704,550
400,000 400,000 1,845,479 1,704,550
415,920 416,540 1,927,457 1,776,925
400,000 400,000 1,911,537 1,760,385
400,000 400,000 1,911,537 1,760,385
365,320 365,940 1,863,707 1,710,544
400,000 400,000 1,898,387 1,744,604
400,000 400,000 1,898,387 1,744,604
421,880 422,500 1,812,982 1,666,931
400,000 400,000 1,791,102 1,644,431
400,000 400,000 1,791,102 1,644,431
393,640 394,260 1,836,630 1,681,500
400,000 400,000 1,842,990 1,687,240
400,000 400,000 1,842,990 1,687,240
433,320 433,940 1,897,666 1,736,498
400,000 400,000 1,864,346 1,702,558
400,000 400,000 1,864,346 1,702,558
400,000 400,000 1,864,346 1,702,558
400,000 400,000 1,864,346 1,702,558
400,000 400,000 1,864,346 1,702,558
400,000 400,000 1,864,346 1,702,558
400,000 400,000 1,864,346 1,702,558
400,000 400,000 1,864,346 1,702,558
400,000 400,000 1,864,346 1,702,558
400,000 400,000 1,864,346 1,702,558
400,000 400,000 1,864,346 1,702,558
400,000 400,000 1,864,346 1,702,558
400,000 400,000 1,864,346 1,702,558