Asset Class-based Factors

An investment product's FACTOR FINGERPRINT™ rating is a measure of the product's exposure to four key indices representing the major asset classes:

• Stocks (SPY)
• Bonds (20% SPY, 80% TLT)
• Real Estate / Commodities / Alt (GLD)
• Small Market Cap over Large Market Cap / "Size" (IWM - IWB)

Asset class-based factors exhibit statistically independent price movements and provide for true diversification.