Performance results assume the reinvestment of dividends, ordinary income and capital gains and bi-annual rebalancing. The performance of the strategy reflects, and is net of, the effect of annual investment management fee of 1%, billed monthly. Monthly fee deduction is a requirement of our software used for determining historical performance. Actual advisory fees are deducted quarterly. Depending on the size of your assets under management, your investment management fee may be less. Mutual fund fees and expenses have been deducted from the simulated index data. Although index mutual funds minimize tax liabilities from short and long term capital gains, any resulting tax liability is not deducted from performance results. Performance results do not reflect transaction fees and other expenses charged by broker-dealers. This is due to the model portfolios not representing actual trading. S&P 500 data provided as a reference point only and is not intended as a benchmark. The S&P 500 also serves as an indication of market conditions over the course of the period which performance results are displayed. The volatility of the S&P 500 Index is different from that of the model portfolios. This difference in volatility varies increasing across the model portfolios as the amount of fixed income in the “WP” portfolios increases. The S&P 500 index only contains equity positions.
The performance information presented in the chart or table represents backtested performance based on combined simulated index data and live (or actual) mutual fund results from Jan 1, 1991 to period ending date shown using the strategy of buying, holding and bi-annual rebalancing globally diversified portfolios of index funds. Backtested performance is hypothetical (it does not reflect trading in actual accounts) and is provided for informational purposes to indicate historical performance had the index portfolios been available over the relevant period. WorthPointe did not offer the index portfolios until June 2007. Prior to 2007, WorthPointe did not manage client assets. Client portfolios are monitored and rebalanced, taking into consideration risk exposure consistency, transaction costs, and tax ramifications to maintain target asset allocations as shown in the model portfolios.