INVESTMENT CHARACTERISTICS. The investment characteristics of the Asset Allocation Fund will depend upon subadviser asset allocation, which is intended to maximize risk-adjusted returns.
INVESTMENT CHARACTERISTICS. The Fund may have investment characteristics which differ from the general market, as measured by the Standard & Poor's 500 Index. For the total Fund, these would include, but are not limited to: CHARACTERISTIC RELATIVE TO S&P 500 INDEX Beta Similar Capitalization Somewhat Lower Dividend Yield Similar Hist. 5 year EPS Growth Similar Price to Earnings Ratio Similar Standard Deviation Similar
INVESTMENT CHARACTERISTICS. The name and contents of a particular product under the terms and conditions concerning Trust service will be set forth in each of the relevant product prospectus, Letter of Intent and Confirmation Letter in details. The Customer (beneficiary) hereby agrees that the Bank may conduct the following actions:
INVESTMENT CHARACTERISTICS. The Fund may have investment characteristics which differ from the general market, as measured by the Standard & Poor's 500 Index. For the total Fund, these would include, but are not limited to: CHARACTERISTIC RELATIVE TO S&P 500 INDEX Beta Similar Capitalization Somewhat Lower Dividend Yield Similar Hist. 5 year EPS Growth Similar Price to Earnings Ratio Similar Standard Deviation Similar SCHEDULE B VANTAGEPOINT INVESTMENT ADVISERS, LLC GROWTH & INCOME FUND INVESTMENT GUIDELINES FOR WELLINGTON MANAGEMENT COMPANY, LLP DECEMBER 1, 1999 These Investment Guidelines refer to the portion of the Vantagepoint Growth & Income Fund managed by WELLINGTON MANAGEMENT COMPANY, LLP. Investment Guidelines for the Fund are an integral part of these guidelines. The WELLINGTON MANAGEMENT - VALUE/YIELD PRODUCT reflects the portfolio management approach of seeking financially sound companies that are temporarily out of favor and targeting those that offer above-average potential total returns and sell at below-average price-to-earnings multiples. Investment decisions are based primarily on detailed, in-house fundamental research and security valuations (as measured by a security's relative return/appreciation potential). The portfolio is managed through a team approach and is invested in a diversified basket of 70-90 securities, with the exposure to a single stock limited to 7 percent at market. Portfolio weights may vary from S&P 500 weights subject to a maximum industry exposure of 25 percent. The Adviser must comply with the Fund Investment Guidelines (see Schedule A) except where noted in the sections that follow: I. ELIGIBLE INVESTMENTS and II. PROHIBITED PRACTICES AND SECURITIES.
INVESTMENT CHARACTERISTICS. The Fund may have investment characteristics which differ from the general market, as measured by the Standard & Poor's 500 Index.. Because of the broad mandate given to the subadvisers in the Aggressive Opportunities Fund, investment characteristics may be expected to vary widely. For the total Fund, these would include, but are not limited to: CHARACTERISTIC RELATIVE TO S&P 500 INDEX Beta Higher Capitalization Lower Dividend Yield Lower Hist. 5 year EPS Growth Higher Price to Earnings Ratio Higher Standard Deviation Higher SCHEDULE B VANTAGEPOINT INVESTMENT ADVISERS, LLC AGGRESSIVE OPPORTUNITIES FUND INVESTMENT GUIDELINES FOR MFS INSTITUTIONAL ADVISORS, INC. MARCH 1, 1999 MFS Institutional Advisors, Inc. invests primarily in securities of rapidly growing companies that have the potential to become leaders in emerging industries. Selected companies are expected to experience earnings growth over time well in excess of the growth rate of the overall economy and the rate of inflation. The portfolio tends to remain fully invested at all times.
INVESTMENT CHARACTERISTICS. The Equity Income Fund may have investment characteristics which differ from the general market, as measured by the Standard & Poor's 500 Index. For the total Fund, these would include, but are not limited to: CHARACTERISTIC RELATIVE TO S&P 500 INDEX Beta Lower Capitalization Somewhat Lower Dividend Yield Higher Hist. 5 year EPS Growth Lower Price to Earnings Ratio Lower Standard Deviation Lower
INVESTMENT CHARACTERISTICS. The Fund may have investment characteristics which differ from the general international equity market as measured by the MSCI EAFE index. Because of the broad mandate given subadvisers in the International Fund, investment characteristics may be expected to vary widely. However, the beta of the Fund may be higher than the MSCI EAFE Index. SCHEDULE B VANTAGEPOINT INVESTMENT ADVISERS, LLC INTERNATIONAL FUND INVESTMENT GUIDELINES FOR ROWE XXXCX-XXXXXXX XXXERNATIONAL, INC. MARCX 0, 0000 Xxxx Xxxcx-Xxxxxxx Xxxernational Inc. uses fundamental research to select companies with above average growth potential at a reasonable price. Country exposures are based on a global economic outlook and the relative attractiveness of opportunities within individual countries. The management team then constructs a diversified portfolio using a combination of these top-down and bottom-up approaches. The portfolio tends to remain fully invested.
INVESTMENT CHARACTERISTICS. The Fund may have investment characteristics which differ from the general market, as measured by the Standard & Poor's 500 Index.. Because of the broad mandate given to the subadvisers in the Aggressive Opportunities Fund, investment characteristics may be expected to vary widely. For the total Fund, these would include, but are not limited to:
INVESTMENT CHARACTERISTICS. The investment characteristics of the Asset Allocation Fund will depend upon subadviser asset allocation, which is intended to maximize risk-adjusted returns. 23 20 SCHEDULE B VANTAGEPOINT INVESTMENT ADVISERS, LLC ASSET ALLOCATION FUND INVESTMENT GUIDELINES FOR PAYDXX & XYGEL INVESTMENT COUNSEL MARCH 1, 1999 Paydxx & Xygel Investment Counsel manages the cash portfolio of the Asset Allocation Fund, which is used by the tactically allocating subadvisers for outright cash allocations and for cash that underlies futures positions. Paydxx & Xygel seeks to generate a high level of current income while providing preservation of capital and liquidity.
INVESTMENT CHARACTERISTICS. The Fund may have investment characteristics which differ from the general market, as measured by the Standard & Poor's 500 Index. For the total Fund, these would include, but are not limited to: CHARACTERISTIC RELATIVE TO S&P 500 INDEX Beta Similar Capitalization Somewhat Lower Dividend Yield Similar Hist. 5 year EPS Growth Similar Price to Earnings Ratio Similar Standard Deviation Similar SCHEDULE B VANTAGEPOINT INVESTMENT ADVISERS, LLC GROWTH & INCOME FUND INVESTMENT GUIDELINES FOR CAPITAL GUARDIAN TRUST COMPANY MARCH 1, 1999 Capital Guardian Trust Company seeks to achieve long-term growth of capital and income. Capital Guardian's investment approach is a blend of value and growth, offering the opportunity for superior returns primarily through stock selection, including special situations.
