High Income Strategy

(20% Equity / 70% Fixed Income / 10% Alternative Investments)

This strategy focuses on obtaining a high income stream from a diversified selection of income-producing investments. This portfolio seeks high income while maintaining liquidity, and may be suitable for investors with a time horizon of three to five years.

Asset allocations current as of June 30, 2008, and are subject to change without notice and may include the addition, removal or substitution of one or more asset classes. High-yield (below investment grade) bonds are not suitable for all investors. When appropriate, these bonds should only comprise a modest portion of your portfolio. International investing also involves special risks, including fluctuations, different financial accounting standards, and possible political and economic volatility.

Specific sector investing such as real estate can be subject to different and greater risks than more diversified investments. Declines in the value of real estate, economic conditions, property taxes, tax laws and interest rates all present potential risks to real estate investments. There is an inverse relationship between interest rate movements and fixed income prices. Generally, when interest rates rise, fixed income prices fall and when interest rates fall, fixed income prices generally rise. Investing involves risk and investors may incur a profit or a loss.