University of California Retirement Savings Program On Fidelity Investment Model Portfolios

This plan consists of six well chosen CEFs (closed end funds) for major asset classes.

Investment options of University of California Retirement Savings Program On Fidelity

Total Available Funds: 85

Asset Class

Ticker

Description

US EQUITY
LARGE BLEND	VQNPX	UC BALANCED GROWTH
US EQUITY	VTSMX	UC EQUITY FUND
LARGE GROWTH	VFTNX	VANG FTSE SOC IDX IS
SMALL BLEND	VSCIX	VANG SM CAP IDX INST
LARGE GROWTH	CEYIX	CALVERT EQUITY I
LARGE GROWTH	CISIX	CALVERT SOC INDEX I
LARGE GROWTH	FBGKX	FID BLUE CHIP GR K
LARGE GROWTH	FCNKX	FID CONTRAFUND K
LARGE GROWTH	FEXKX	FID EXPORT & MULTI K
LARGE BLEND	FFDKX	FID FUND K
LARGE GROWTH	FGCKX	FID GROWTH CO K
LARGE GROWTH	FGDKX	FID GROWTH DISC K
LARGE GROWTH	FDFKX	FID INDEPENDENCE K
LARGE GROWTH	FMGKX	FID MAGELLAN K
LARGE GROWTH	FOCKX	FID OTC K
LARGE GROWTH	FSSKX	FID STK SEL ALL CP K
LARGE VALUE	CLVAX	CALV LG CAP CORE I
LARGE GROWTH	FCAKX	FID CAP APPREC K
LARGE BLEND	FDEKX	FID DISCIPLND EQ K
LARGE BLEND	FDGKX	FID DIVIDEND GR K
LARGE BLEND	FGIKX	FID GROWTH & INC K
LARGE BLEND	FVDKX	FID VALUE DISCOV K
LARGE BLEND	FXSIX	SPTN 500 INDEX INST
LARGE BLEND	FSTMX	SPTN TOT MKT IDX INS
LARGE VALUE	FEIKX	FID EQ DIV INCOME K
LARGE VALUE	FEIKX	FID EQUITY INCOME K
Mid-Cap Growth	CCPIX	CALVERT CAP ACC I
Mid-Cap Growth	FAGKX	FID GROWTH STRAT K
Mid-Cap Growth	FKMCX	FID MID CAP STOCK K
MID-CAP BLEND	FLCKX	FID LEVERGD CO STK K
MID-CAP BLEND	FLPKX	FID LOW PRICED STK K
MID-CAP BLEND	FVSKX	FID VALUE STRAT K
MID-CAP BLEND	FSEVX	SPTN EXT MKT IDX ADV
MID-CAP BLEND	FSCKX	SPTN MID CAP IDX ADV
MID-CAP VALUE	FVLKX	FID VALUE K
SMALL BLEND	CSVIX	CALVERT SMALL CAP I
SMALL BLEND	FSSVX	SPTN SM CAP IDX ADV

Others
Retirement Income	VTINX	UC PATHWAY INCOME
ROOT	CASH	DREY TR PRIME CASH I
Aggressive Allocation	FFNOX	FID FOUR IN ONE IDX
Moderate Allocation	CBAIX	CALVERT BALANCED I
Moderate Allocation	FBAKX	FID BALANCED K
Target Date 2000-2010	FFKBX	FID FREEDOM K 2000
Target Date 2000-2010	FFKVX	FID FREEDOM K 2005
Target Date 2000-2010	FFKCX	FID FREEDOM K 2010
Target Date 2011-2015	FKVFX	FID FREEDOM K 2015
Target Date 2016-2020	FFKDX	FID FREEDOM K 2020
Target Date 2021-2025	FKTWX	FID FREEDOM K 2025
Target Date 2026-2030	FFKEX	FID FREEDOM K 2030
Target Date 2031-2035	FKTHX	FID FREEDOM K 2035
Target Date 2036-2040	FFKFX	FID FREEDOM K 2040
Target Date 2041-2045	FFKGX	FID FREEDOM K 2045
Target Date 2046-2050	FFKHX	FID FREEDOM K 2050
Retirement Income	FFKAX	FID FREEDOM K INCOME
Moderate Allocation	FPUKX	FID PURITAN K
Target Date 2011-2015	VTXVX	UC PATHWAY 2015
Target Date 2016-2020	VTWNX	UC PATHWAY 2020
Target Date 2021-2025	VTTVX	UC PATHWAY 2025
Target Date 2026-2030	VTHRX	UC PATHWAY 2030
Target Date 2031-2035	VTTHX	UC PATHWAY 2035
Target Date 2036-2040	VFORX	UC PATHWAY 2040
Target Date 2041-2045	VTIVX	UC PATHWAY 2045
Target Date 2046-2050	VFIFX	UC PATHWAY 2050
Target Date 2051+	VFFVX	UC PATHWAY 2055
Target Date 2051+	VTTSX	UC PATHWAY 2060

INTERNATIONAL EQUITY
Foreign Large Blend	PIDIX	UC DOM EQ INDEX
INTERNATIONAL EQUITY	VGTSX	UC INTL EQ INDEX
Foreign Large Blend	CWVIX	CALVERT INTL EQ I
Foreign Large Blend	FDIKX	FID DIVERSIFD INTL K
Foreign Large Blend	FIDKX	FID INTL DISCOVERY K
Foreign Large Blend	FOSKX	FID OVERSEAS K
Foreign Large Blend	FSGDX	SPTN GLB XUS IDX ADV
Foreign Large Blend	FSPNX	SPTN INTL INDEX INS

FIXED INCOME
Inflation-Protected Bond	VIPSX	UC TIPS FUND
FIXED INCOME	VBMFX	UC BOND FUND
US TREASURY BONDS	IUTIX	UC SAVINGS FUND
LONG GOVERNMENT	FLBAX	SPTN LT TR IDX ADV
Intermediate Government	FIBAX	SPTN INT TR IDX ADV
SHORT GOVERNMENT	FSBAX	SPTN ST TR IDX ADV
Intermediate-Term Bond	CBDIX	CALVERT BOND I
Intermediate-Term Bond	FXNAX	SPTN US BOND IDX IS

REAL ESTATE
REAL ESTATE	VGSNX	VANG REIT IDX INST
REAL ESTATE	FSRVX	SPTN REAL ES IDX ADV

Emerging Market
DIVERSIFIED EMERGING MKTS	FKEMX	FID EMERGING MKTS K
DIVERSIFIED EMERGING MKTS	FPMAX	SPTN EM MKTS IDX ADV

Investment model portfolios

We provide two types of investment model portfolios for University of California Retirement Savings Program On Fidelity participants. You can customize and follow a model portfolio in your plan account.

Types of portfolio strategies

Strategic asset allocation portfolio: It invests in a diversified portfolio of multiple assets, buy-and-hold without frequently changing the asset allocation weights.
- Suitable: For long-term (more than 15 years, preferably more than 20 years), want to be tax efficient and can withstand interim drawdown or loss as high as 50% or more.
- Pros:
  - Less error-prone
  - Infrequent rebalancing or transactions
  - Tax efficient for taxable brokerage investments
- Cons:
  - Interim loss or drawdown can be substantial
  - Possible low returns for an extended period, such as 10 years or longer
Tactical asset allocation portfolio: it invests in a diversified portfolio of multiple assets, dynamically adjust stock and bond allocations to minimize losses during market stress.
- Suitable: For long-term (more than 10 years or preferably longer) capital. Investors are willing to rebalance as frequent as monthly.
- Pros:
  - Reduce large interim loss or drawdown
  - Less sensitive to investment entry point
  - Likely to improve returns
- Cons
  - Demand more frequent rebalancing or transactions
  - Less tax efficient — more suitable in a tax-deferred account such as 401(k) or IRA
  - Can experience a period of lower returns compared to a broad-based strategic allocation or a buy-and-hold benchmark, especially in some bull markets

These portfolios are proactively monitored and rebalanced on a monthly basis when needed, ensuring it remains in line with its target allocation.

Let us know (Email us) if you need help to create a custom model portfolio for your plan.

Customize a model portfolio now

Example model portfolios

The following provides historical returns for example model portfolios with a moderate risk profile (at most 60% in stocks) and their comparison with benchmark index funds. You can customize these portfolios according to your own risk profile.

Strategic Asset Allocation Model Portfolio

The following portfolio is based on the MyPlanIQ Strategic Asset Allocation (SAA) strategy.

Name	YTD Return	1Yr AR	3Yr AR	5Yr AR	10Yr AR	15Yr AR	20Yr AR	Common	Inception
University of California Retirement Savings Program On Fidelity Strategic Asset Allocation – Optimal Moderate	NA	-5.53%	2.16%	2.57%	7.20%	5.38%	NA	…	…
VFINX (VANGUARD 500 INDEX FUND INVESTOR SHARES)	NA	7.18%	10.93%	11.18%	13.10%	8.60%	6.45%	…	…
VSMGX (VANGUARD LIFESTRATEGY MODERATE GROWTH FUND INVESTOR SHARES)	NA	-0.24%	4.98%	4.97%	7.82%	5.92%	5.61%	…	…

	Ticker/Portfolio	Last 1 Week	1 Yr	3 Yr	5 Yr	10 Yr	15 Yr	20 Yr	Common	Inception	YTD	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983	1982	1981	1980	1979
Annualized Return (%)	University of… Moderate	1.20	-5.53	2.16	2.57	7.20	5.38	NA	…	…	NA	NA	NA	NA	NA	NA	NA	NA	-5.58	10.62	2.03	-0.54	5.32	10.03	11.73	0.26	14.78	25.28	-26.65	5.57	13.43	5.49	13.33	21.32	-5.82	-2.94	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA
	VFINX (VANGUA…R SHARES)	2.10	7.18	10.93	11.18	13.10	8.60	6.45	…	…	NA	17.72	24.84	26.12	-18.24	28.53	18.74	31.33	-4.55	21.66	11.83	1.23	13.52	32.17	15.82	1.96	14.91	26.52	-37.02	5.39	15.64	4.77	10.74	28.50	-22.17	-12.03	-9.05	21.08	28.62	33.18	22.87	37.45	1.18	10.15	8.24	32.05	-3.33	28.37	14.92	3.97	9.30	22.60	3.67	17.07	19.25	-8.55	27.89	-2.07
	VSMGX (VANGUA…R SHARES)	1.16	-0.24	4.98	4.97	7.82	5.92	5.61	…	…	NA	16.26	10.28	15.51	-16.01	10.08	13.59	19.30	-6.28	14.86	7.09	-2.21	6.38	14.73	9.78	0.12	13.14	20.35	-26.49	7.21	13.30	5.68	11.76	22.40	-10.34	-4.78	1.27	14.09	21.59	17.90	10.77	26.58	2.04	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA
Sharpe Ratio	University of… Moderate	NA	-0.87	0.20	0.25	0.68	NA	NA	…	…	NA	NA	NA	NA	NA	NA	NA	NA	-0.87	1.93	0.22	-0.07	0.98	1.43	1.57	0.02	1.26	1.41	-1.23	0.27	1.35	0.50	1.73	2.42	-0.62	-0.47	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA
	VFINX (VANGUA…R SHARES)	NA	1.89	1.22	0.63	0.75	NA	NA	…	…	1.30	0.80	1.67	1.73	-0.82	2.17	0.53	2.39	-0.35	3.16	0.89	0.08	1.19	2.90	1.25	0.08	0.82	0.97	-0.92	0.14	1.22	0.24	0.88	1.63	-0.90	-0.68	-0.60	0.97	1.23	1.61	1.62	4.31	-0.19	0.90	0.57	1.91	-0.55	1.71	0.59	-0.01	0.30	1.47	-0.26	0.79	0.63	-1.30	1.17	-3.84
	VSMGX (VANGUA…R SHARES)	NA	1.70	1.15	0.38	0.62	NA	NA	…	…	1.08	1.36	0.87	1.45	-1.22	1.32	0.70	2.77	-0.87	3.75	0.83	-0.26	1.01	2.16	1.23	0.01	1.18	1.12	-0.98	0.39	1.34	0.49	1.49	2.09	-0.75	-0.59	-0.24	1.06	1.56	1.56	0.91	4.18	4.60	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA
Standard Deviation(%)	University of… Moderate	NA	7.93	7.22	7.06	9.97	NA	NA	…	…	NA	NA	NA	NA	NA	NA	NA	NA	7.93	5.18	8.14	8.00	5.38	7.00	7.45	13.52	11.66	17.92	22.45	9.56	7.53	6.64	7.18	8.54	11.20	11.24	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA
	VFINX (VANGUA…R SHARES)	NA	12.22	14.87	16.92	18.13	NA	NA	…	…	13.93	18.66	12.67	13.09	24.19	13.11	34.69	12.48	17.11	6.68	13.11	15.51	11.39	11.07	12.74	23.36	18.07	27.22	40.99	16.02	10.04	10.29	11.10	17.04	25.96	21.55	22.20	18.17	20.48	18.21	11.77	7.77	9.92	8.83	9.93	14.69	16.06	13.09	17.07	33.80	16.55	11.67	12.80	13.62	18.09	14.61	16.53	23.80
	VSMGX (VANGUA…R SHARES)	NA	8.47	8.97	10.05	10.33	NA	NA	…	…	10.48	9.89	7.69	8.26	14.34	7.62	19.08	6.43	8.81	3.80	8.31	8.51	6.28	6.80	7.99	14.68	11.10	18.01	27.95	10.37	7.43	6.96	7.25	10.38	15.37	12.42	12.30	10.07	11.65	9.10	7.74	5.41	15.57	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA
Draw Down(%)	University of… Moderate	NA	10.85	10.85	11.75	15.66	NA	NA	…	…	NA	NA	NA	NA	NA	NA	NA	NA	10.85	2.92	7.18	8.92	4.94	7.85	6.02	12.87	8.59	15.66	37.77	6.00	6.72	4.52	7.22	7.13	16.11	17.02	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA
	VFINX (VANGUA…R SHARES)	NA	8.92	18.76	24.59	33.83	NA	NA	…	…	8.92	18.76	8.45	9.97	24.59	5.14	33.83	6.63	19.40	2.60	10.29	12.05	7.30	5.59	9.60	18.71	15.66	27.17	47.73	9.88	7.47	7.01	7.47	13.79	33.02	29.18	16.55	11.81	19.20	10.79	7.45	2.50	8.48	4.84	5.63	5.57	19.19	7.35	7.24	33.08	11.63	7.51	10.58	7.02	13.21	15.61	16.03	2.40
	VSMGX (VANGUA…R SHARES)	NA	6.64	9.62	22.29	22.43	NA	NA	…	…	6.64	9.62	4.17	8.15	21.74	3.53	22.43	3.12	11.47	1.14	6.20	8.34	4.70	5.67	6.27	12.90	8.64	19.61	36.81	6.11	6.13	4.74	5.89	8.91	20.06	17.93	8.77	6.26	11.99	6.02	4.75	1.82	1.89	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA
Yield(%)	University of… Moderate	NA	2.55	1.76	2.17	2.41	NA	NA	…	…	NA	NA	NA	NA	NA	NA	NA	NA	2.54	0.37	2.35	1.82	3.77	2.96	3.04	1.85	2.55	2.78	2.48	4.83	4.07	3.51	3.70	2.80	1.72	1.08	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA
	VFINX (VANGUA…R SHARES)	0.00	1.17	1.57	1.51	2.82	3.95	3.54	…	…	0.27	1.20	1.41	1.69	1.26	1.48	2.12	2.28	1.81	2.00	2.14	1.97	1.96	2.19	2.30	1.92	1.88	2.45	1.88	1.91	1.83	1.79	1.91	1.71	1.28	1.08	0.97	2.11	1.93	2.77	2.64	3.14	3.13	3.83	3.10	5.86	3.71	4.46	4.31	2.79	3.90	4.71	4.49	5.04	5.34	4.64	5.79	0.00
	VSMGX (VANGUA…R SHARES)	0.00	5.47	5.95	4.32	4.60	4.42	4.27	…	…	0.00	5.80	7.43	4.45	2.18	4.11	3.77	2.85	2.41	2.40	2.34	2.10	2.20	2.14	2.47	2.22	2.38	2.79	2.66	3.04	2.89	2.53	3.74	2.48	2.67	2.88	6.36	5.93	7.27	3.78	3.63	3.65	2.91	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA

Data as of 10/31/2018, Common starting date is 12/31/2000

Tactical Asset Allocation Model Portfolio

The following portfolio is based on the MyPlanIQ Tactical Asset Allocation (TAA) strategy.

Name	YTD Return	1Yr AR	3Yr AR	5Yr AR	10Yr AR	15Yr AR	20Yr AR	Common	Inception
University of California Retirement Savings Program On Fidelity Tactical Asset Allocation Moderate	NA	-16.28%	-0.39%	0.35%	5.40%	6.69%	NA	…	…
VFINX (VANGUARD 500 INDEX FUND INVESTOR SHARES)	NA	7.18%	10.93%	11.18%	13.10%	8.60%	6.45%	…	…
VSMGX (VANGUARD LIFESTRATEGY MODERATE GROWTH FUND INVESTOR SHARES)	NA	-0.24%	4.98%	4.97%	7.82%	5.92%	5.61%	…	…

	Ticker/Portfolio	Last 1 Week	1 Yr	3 Yr	5 Yr	10 Yr	15 Yr	20 Yr	Common	Inception	YTD	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983	1982	1981	1980	1979
Annualized Return (%)	University of… Moderate	0.20	-16.28	-0.39	0.35	5.40	6.69	NA	…	…	NA	NA	NA	NA	NA	NA	NA	NA	-18.90	15.85	2.60	-4.48	3.38	13.26	7.61	5.92	11.85	16.51	-0.38	6.44	20.65	4.39	12.90	17.62	5.84	2.18	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA
	VFINX (VANGUA…R SHARES)	2.10	7.18	10.93	11.18	13.10	8.60	6.45	…	…	NA	17.72	24.84	26.12	-18.24	28.53	18.74	31.33	-4.55	21.66	11.83	1.23	13.52	32.17	15.82	1.96	14.91	26.52	-37.02	5.39	15.64	4.77	10.74	28.50	-22.17	-12.03	-9.05	21.08	28.62	33.18	22.87	37.45	1.18	10.15	8.24	32.05	-3.33	28.37	14.92	3.97	9.30	22.60	3.67	17.07	19.25	-8.55	27.89	-2.07
	VSMGX (VANGUA…R SHARES)	1.16	-0.24	4.98	4.97	7.82	5.92	5.61	…	…	NA	16.26	10.28	15.51	-16.01	10.08	13.59	19.30	-6.28	14.86	7.09	-2.21	6.38	14.73	9.78	0.12	13.14	20.35	-26.49	7.21	13.30	5.68	11.76	22.40	-10.34	-4.78	1.27	14.09	21.59	17.90	10.77	26.58	2.04	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA
Sharpe Ratio	University of… Moderate	NA	-1.20	-0.18	-0.15	0.48	NA	NA	…	…	NA	NA	NA	NA	NA	NA	NA	NA	-1.20	2.90	0.38	-0.71	0.52	2.01	1.54	0.59	0.93	1.44	-0.18	0.33	2.23	0.33	1.58	2.86	0.99	-0.02	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA
	VFINX (VANGUA…R SHARES)	NA	1.89	1.22	0.63	0.75	NA	NA	…	…	1.30	0.80	1.67	1.73	-0.82	2.17	0.53	2.39	-0.35	3.16	0.89	0.08	1.19	2.90	1.25	0.08	0.82	0.97	-0.92	0.14	1.22	0.24	0.88	1.63	-0.90	-0.68	-0.60	0.97	1.23	1.61	1.62	4.31	-0.19	0.90	0.57	1.91	-0.55	1.71	0.59	-0.01	0.30	1.47	-0.26	0.79	0.63	-1.30	1.17	-3.84
	VSMGX (VANGUA…R SHARES)	NA	1.70	1.15	0.38	0.62	NA	NA	…	…	1.08	1.36	0.87	1.45	-1.22	1.32	0.70	2.77	-0.87	3.75	0.83	-0.26	1.01	2.16	1.23	0.01	1.18	1.12	-0.98	0.39	1.34	0.49	1.49	2.09	-0.75	-0.59	-0.24	1.06	1.56	1.56	0.91	4.18	4.60	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA
Standard Deviation(%)	University of… Moderate	NA	16.83	10.84	9.33	9.44	NA	NA	…	…	NA	NA	NA	NA	NA	NA	NA	NA	16.83	5.25	6.34	6.35	6.51	6.57	4.91	9.97	12.65	11.39	7.15	10.21	7.79	6.77	7.57	5.91	4.80	5.56	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA
	VFINX (VANGUA…R SHARES)	NA	12.22	14.87	16.92	18.13	NA	NA	…	…	13.93	18.66	12.67	13.09	24.19	13.11	34.69	12.48	17.11	6.68	13.11	15.51	11.39	11.07	12.74	23.36	18.07	27.22	40.99	16.02	10.04	10.29	11.10	17.04	25.96	21.55	22.20	18.17	20.48	18.21	11.77	7.77	9.92	8.83	9.93	14.69	16.06	13.09	17.07	33.80	16.55	11.67	12.80	13.62	18.09	14.61	16.53	23.80
	VSMGX (VANGUA…R SHARES)	NA	8.47	8.97	10.05	10.33	NA	NA	…	…	10.48	9.89	7.69	8.26	14.34	7.62	19.08	6.43	8.81	3.80	8.31	8.51	6.28	6.80	7.99	14.68	11.10	18.01	27.95	10.37	7.43	6.96	7.25	10.38	15.37	12.42	12.30	10.07	11.65	9.10	7.74	5.41	15.57	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA
Draw Down(%)	University of… Moderate	NA	24.81	24.81	24.81	24.81	NA	NA	…	…	NA	NA	NA	NA	NA	NA	NA	NA	24.81	3.04	7.14	9.09	7.01	5.92	2.78	8.49	8.81	5.21	8.55	7.54	6.02	4.86	9.45	3.52	3.07	6.10	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA
	VFINX (VANGUA…R SHARES)	NA	8.92	18.76	24.59	33.83	NA	NA	…	…	8.92	18.76	8.45	9.97	24.59	5.14	33.83	6.63	19.40	2.60	10.29	12.05	7.30	5.59	9.60	18.71	15.66	27.17	47.73	9.88	7.47	7.01	7.47	13.79	33.02	29.18	16.55	11.81	19.20	10.79	7.45	2.50	8.48	4.84	5.63	5.57	19.19	7.35	7.24	33.08	11.63	7.51	10.58	7.02	13.21	15.61	16.03	2.40
	VSMGX (VANGUA…R SHARES)	NA	6.64	9.62	22.29	22.43	NA	NA	…	…	6.64	9.62	4.17	8.15	21.74	3.53	22.43	3.12	11.47	1.14	6.20	8.34	4.70	5.67	6.27	12.90	8.64	19.61	36.81	6.11	6.13	4.74	5.89	8.91	20.06	17.93	8.77	6.26	11.99	6.02	4.75	1.82	1.89	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA
Yield(%)	University of… Moderate	NA	1.55	1.32	1.71	2.75	NA	NA	…	…	NA	NA	NA	NA	NA	NA	NA	NA	1.54	0.14	2.10	2.10	2.65	4.08	3.53	2.87	3.36	4.97	4.45	3.53	5.85	3.38	3.86	4.67	3.60	2.71	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA
	VFINX (VANGUA…R SHARES)	0.00	1.17	1.57	1.51	2.82	3.95	3.54	…	…	0.27	1.20	1.41	1.69	1.26	1.48	2.12	2.28	1.81	2.00	2.14	1.97	1.96	2.19	2.30	1.92	1.88	2.45	1.88	1.91	1.83	1.79	1.91	1.71	1.28	1.08	0.97	2.11	1.93	2.77	2.64	3.14	3.13	3.83	3.10	5.86	3.71	4.46	4.31	2.79	3.90	4.71	4.49	5.04	5.34	4.64	5.79	0.00
	VSMGX (VANGUA…R SHARES)	0.00	5.47	5.95	4.32	4.60	4.42	4.27	…	…	0.00	5.80	7.43	4.45	2.18	4.11	3.77	2.85	2.41	2.40	2.34	2.10	2.20	2.14	2.47	2.22	2.38	2.79	2.66	3.04	2.89	2.53	3.74	2.48	2.67	2.88	6.36	5.93	7.27	3.78	3.63	3.65	2.91	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA

Data as of 10/31/2018, Common starting date is 12/31/2000

Asset Allocation Composite Model Portfolio

The following model portfolio is based on the MyPlanIQ Asset Allocation Composite (AAC) strategy.

Name	YTD Return	1Yr AR	3Yr AR	5Yr AR	10Yr AR	15Yr AR	20Yr AR	Common	Inception
University of California Retirement Savings Program On Fidelity Asset Allocation Composite Moderate	NA	7.24%	8.50%	7.47%	8.43%	9.22%	NA	…	…
VFINX (VANGUARD 500 INDEX FUND INVESTOR SHARES)	NA	19.49%	15.94%	14.26%	10.78%	9.30%	7.62%	…	…
VSMGX (VANGUARD LIFESTRATEGY MODERATE GROWTH FUND INVESTOR SHARES)	NA	7.52%	7.89%	7.19%	6.09%	6.53%	6.39%	…	…

	Ticker/Portfolio	Last 1 Week	1 Yr	3 Yr	5 Yr	10 Yr	15 Yr	20 Yr	Common	Inception	YTD	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983	1982	1981	1980	1979
Annualized Return (%)	University of… Moderate	0.44	7.24	8.50	7.47	8.43	9.22	NA	…	…	NA	NA	NA	NA	NA	NA	NA	NA	-2.21	16.66	3.86	0.65	6.95	11.56	12.54	0.43	18.21	9.90	5.58	5.85	15.52	8.44	10.45	21.57	0.49	1.45	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA
	VFINX (VANGUA…R SHARES)	0.98	19.49	15.94	14.26	10.78	9.30	7.62	…	…	NA	17.72	24.84	26.12	-18.24	28.53	18.74	31.33	-4.55	21.66	11.83	1.23	13.52	32.17	15.82	1.96	14.91	26.52	-37.02	5.39	15.64	4.77	10.74	28.50	-22.17	-12.03	-9.05	21.08	28.62	33.18	22.87	37.45	1.18	10.15	8.24	32.05	-3.33	28.37	14.92	3.97	9.30	22.60	3.67	17.07	19.25	-8.55	27.89	-2.07
	VSMGX (VANGUA…R SHARES)	0.29	7.52	7.89	7.19	6.09	6.53	6.39	…	…	NA	16.26	10.28	15.51	-16.01	10.08	13.59	19.30	-6.28	14.86	7.09	-2.21	6.38	14.73	9.78	0.12	13.14	20.35	-26.49	7.21	13.30	5.68	11.76	22.40	-10.34	-4.78	1.27	14.09	21.59	17.90	10.77	26.58	2.04	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA
Sharpe Ratio	University of… Moderate	NA	-0.25	0.77	0.71	0.83	NA	NA	…	…	NA	NA	NA	NA	NA	NA	NA	NA	-0.40	3.35	0.45	0.08	1.09	1.68	1.73	0.03	1.56	0.79	0.56	0.29	1.62	1.03	1.54	3.59	-0.20	-0.35	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA
	VFINX (VANGUA…R SHARES)	NA	1.89	1.22	0.63	0.75	NA	NA	…	…	1.30	0.80	1.67	1.73	-0.82	2.17	0.53	2.39	-0.35	3.16	0.89	0.08	1.19	2.90	1.25	0.08	0.82	0.97	-0.92	0.14	1.22	0.24	0.88	1.63	-0.90	-0.68	-0.60	0.97	1.23	1.61	1.62	4.31	-0.19	0.90	0.57	1.91	-0.55	1.71	0.59	-0.01	0.30	1.47	-0.26	0.79	0.63	-1.30	1.17	-3.84
	VSMGX (VANGUA…R SHARES)	NA	1.70	1.15	0.38	0.62	NA	NA	…	…	1.08	1.36	0.87	1.45	-1.22	1.32	0.70	2.77	-0.87	3.75	0.83	-0.26	1.01	2.16	1.23	0.01	1.18	1.12	-0.98	0.39	1.34	0.49	1.49	2.09	-0.75	-0.59	-0.24	1.06	1.56	1.56	0.91	4.18	4.60	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA
Standard Deviation(%)	University of… Moderate	NA	8.00	7.19	7.14	9.11	NA	NA	…	…	NA	NA	NA	NA	NA	NA	NA	NA	8.26	4.79	8.09	7.94	6.35	6.85	7.23	13.85	11.63	12.34	8.27	9.91	7.57	6.10	6.18	5.81	3.03	2.48	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA
	VFINX (VANGUA…R SHARES)	NA	12.22	14.87	16.92	18.13	NA	NA	…	…	13.93	18.66	12.67	13.09	24.19	13.11	34.69	12.48	17.11	6.68	13.11	15.51	11.39	11.07	12.74	23.36	18.07	27.22	40.99	16.02	10.04	10.29	11.10	17.04	25.96	21.55	22.20	18.17	20.48	18.21	11.77	7.77	9.92	8.83	9.93	14.69	16.06	13.09	17.07	33.80	16.55	11.67	12.80	13.62	18.09	14.61	16.53	23.80
	VSMGX (VANGUA…R SHARES)	NA	8.47	8.97	10.05	10.33	NA	NA	…	…	10.48	9.89	7.69	8.26	14.34	7.62	19.08	6.43	8.81	3.80	8.31	8.51	6.28	6.80	7.99	14.68	11.10	18.01	27.95	10.37	7.43	6.96	7.25	10.38	15.37	12.42	12.30	10.07	11.65	9.10	7.74	5.41	15.57	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA
Draw Down(%)	University of… Moderate	NA	7.61	7.61	10.81	12.39	NA	NA	…	…	NA	NA	NA	NA	NA	NA	NA	NA	7.61	1.82	6.57	8.52	5.04	7.13	6.06	12.39	8.65	11.89	5.93	6.50	7.40	3.93	5.77	2.98	2.53	3.77	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA
	VFINX (VANGUA…R SHARES)	NA	8.92	18.76	24.59	33.83	NA	NA	…	…	8.92	18.76	8.45	9.97	24.59	5.14	33.83	6.63	19.40	2.60	10.29	12.05	7.30	5.59	9.60	18.71	15.66	27.17	47.73	9.88	7.47	7.01	7.47	13.79	33.02	29.18	16.55	11.81	19.20	10.79	7.45	2.50	8.48	4.84	5.63	5.57	19.19	7.35	7.24	33.08	11.63	7.51	10.58	7.02	13.21	15.61	16.03	2.40
	VSMGX (VANGUA…R SHARES)	NA	6.64	9.62	22.29	22.43	NA	NA	…	…	6.64	9.62	4.17	8.15	21.74	3.53	22.43	3.12	11.47	1.14	6.20	8.34	4.70	5.67	6.27	12.90	8.64	19.61	36.81	6.11	6.13	4.74	5.89	8.91	20.06	17.93	8.77	6.26	11.99	6.02	4.75	1.82	1.89	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA
Yield(%)	University of… Moderate	NA	3.54	3.01	3.42	3.36	NA	NA	…	…	NA	NA	NA	NA	NA	NA	NA	NA	1.90	3.56	2.71	3.10	3.79	4.34	3.00	3.49	2.68	5.06	5.03	4.92	5.56	3.70	3.74	3.15	1.81	2.27	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA
	VFINX (VANGUA…R SHARES)	0.00	1.17	1.57	1.51	2.82	3.95	3.54	…	…	0.27	1.20	1.41	1.69	1.26	1.48	2.12	2.28	1.81	2.00	2.14	1.97	1.96	2.19	2.30	1.92	1.88	2.45	1.88	1.91	1.83	1.79	1.91	1.71	1.28	1.08	0.97	2.11	1.93	2.77	2.64	3.14	3.13	3.83	3.10	5.86	3.71	4.46	4.31	2.79	3.90	4.71	4.49	5.04	5.34	4.64	5.79	0.00
	VSMGX (VANGUA…R SHARES)	0.00	5.47	5.95	4.32	4.60	4.42	4.27	…	…	0.00	5.80	7.43	4.45	2.18	4.11	3.77	2.85	2.41	2.40	2.34	2.10	2.20	2.14	2.47	2.22	2.38	2.79	2.66	3.04	2.89	2.53	3.74	2.48	2.67	2.88	6.36	5.93	7.27	3.78	3.63	3.65	2.91	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA

Data as of 08/31/2018, Common starting date is 12/31/2000

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