Glossary of terms

The Barclays Capital 10-Year U.S. Treasury Index is an unmanaged index of U.S. Treasury bonds with 10 years' maturity.

The Barclays Capital Aggregate Bond Index is an unmanaged index used as a general measure of U.S. fixed-income securities.

The Barclays Capital Global Aggregate Bond Index ex-U.S. (unhedged) is an unmanaged index used as a broad measure of the investment-grade bond index, excluding U.S. securities.

The Dow Jones Industrial Average Index (DJIA) is an unmanaged index composed of 30 blue-chip stocks whose one binding similarity is their hugeness - each has sales per year that exceed $7 billion. The DJIA has been price-weighted since its inception on May 26, 1896, reflects large-cap companies representative of U.S. industry, and historically has moved in tandem with other major market indexes such as the S&P 500.

The Goldman Sachs Commodity Index is a composite index of commodity sector returns that represents a broadly diversified, unleveraged, long-only position in commodity futures.

The JPMorgan Global High Yield Index is an unmanaged index that is designed to mirror the investable universe of the U.S. dollar global high-yield corporate debt market, including domestic (U.S.) and international (non-U.S.) issues. International issues are composed of both developed and emerging markets.

The JPMorgan Emerging Markets Global Diversified Index is composed of U.S. dollar-denominated Brady bonds, eurobonds, traded loans, and local market debt instruments issued by sovereign and quasi-sovereign entities.

The Morgan Stanley Capital International (MSCI) EAFE Index is an unmanaged list of equity securities from Europe and Australasia, with all values expressed in U.S. dollars.

The Morgan Stanley Capital International (MSCI) Emerging Markets Index is a free-float-adjusted market-capitalization-weighted index that is designed to measure equity market performance in the global emerging markets.

The Morgan Stanley Capital International (MSCI) Europe Index is an unmanaged list of equity securities originating in any of 15 European countries, with all values expressed in U.S. dollars.

The Morgan Stanley Capital International (MSCI) World Index is an unmanaged list of securities from developed and emerging markets, with all values expressed in U.S. dollars.

The Nasdaq Composite Index is a widely recognized, market-capitalization-weighted index that is designed to represent the performance of Nasdaq securities and includes over 3,000 stocks.

The Russell 2000 Index is an unmanaged list of common stocks that is frequently used as a general performance measure of U.S. stocks of small and/or midsize companies.

The S&P 500 Index is an unmanaged list of common stocks that is frequently used as a general measure of U.S. stock market performance.

The Tokyo Stock Exchange Index (TOPIX) is a market-capitalization-weighted index of over 1,100 stocks traded on the Japanese market.