Brinson Fachler Model Wilcox Fund, October Returns Portfolio Benchmark Portfolio Benchmark Performance Attribution Security Weight Weight Return Return Sector Selection Interaction Communication Service 0.0% 1.9% 0.0% 2.3% Consumer Discretionary 16.6% 14.6% 1.6% 3.7% Consumer Staples 5.5% 3.8% 1.8% 2.9% Energy 1.4% 1.9% 14.3% 7.0% Financials 16.0% 16.2% 8.9% 6.5% Health Care 8.3% 9.8% 3.2% 1.7% Industrials 4.2% 18.9% 4.1% 7.9% Sector Allocation Effect (We-wo) (Ros-R) * Selection Effect (WB) (wo) (Rps - Roo) Interaction Effect RBs) (wy-wo)=(Rm-R) Information Technology 22.8% 14.3% 3.0% 7.4% Materials 5.1% 6.1% 16.0% 7.8% Real Estate 9.0% 9.6% 8.0% 6.5% We = WB Portfolio weight Utilities 7.5% 3.0% 3.5% 3.3% Cash 3.7% 0.0% 0.0% 0.0% RB 4.92% 5.77% Total = RBS = Res = = Benchmark weight. Return for Benchmark Sector Return for Benchmark (overall return) Return for Portfolio Sector