Page 1

Asset Class: Target-Date Funds

Q1: March 31, 2014

Trademark Capital 2030 Fund ClassTarget R1 Trademark Capital Retirement 2030 Fund R1 $15,000

$13,394.32

$14,000

Growth of $10,000 Class R1 Shares 05/31/2007 - 3/31/2014 Fund Description $13,000

The Trademark Capital Target Retirement 2030 Fund seeks$12,000 a moderate level of total return and the preservation of purchasing power of accumulated $12,764.04 assets prior to and beyond the target retirement date. The Trademark Capital Target Date Series are collective investment funds (“CIFs”) created by the TOP 10 HOLDINGS $11,000 Hand Composite Employee Benefit Trust and sponsored by Hand Benefits & Trust Company, a BPAS company, that invest in the strategies of Trademark $10,000 VOO 1) Vanguard S&P as 500 ETF 6) Vanguard Small Cap VB Capital which serves the sub-advisor to the CIFs. $9,000

Index Fund 7) Vanguard REIT VNQ asset mix The$8,000 Trademark/Wilshire glide path design adjusts the broadly diversified on a$7,000 quarterly basis, gradually moving toward a more conservative allocation VEA 8) Vanguard FTSE Emerging Markets Fund VWO up to and “through” retirement to life expectancy. This approach takes into account investor behavior VO Barclays International Bond 9) SPDR BWX assumptions both before and after the target Treasury retirement date, which are used to create the slopeBND of the glide path. Emerging CurrencyTarget Date 10) Market EMLC 2010Vectors Trademark Fund R1 Mkts Local Morningstar 2010

2) Cash

2007-05 2007-07 2007-09 2007-11 2008-01 2008-03 2008-05 2008-07 2008-09 2008-11 2009-01 2009-03 2009-05 2009-07 2009-09 2009-11 2010-01 2010-03 2010-05 2010-07 2010-09 2010-11 2011-01 2011-03 2011-05 2011-07 2011-09 2011-11 2012-01 2012-03 2012-05 2012-07 2012-09 2012-11 2013-01 2013-03 2013-05 2013-07 2013-09 2013-11 2014-01 2014-03

Trademark Capital 3) Vanguard FTSE Developed Markets Portfolio Management Team 4) Vanguard Mid Cap Joseph Ezernack, MBA CEO & Chief Investment Officer

5) Vanguard Total Bond Market Index Fund

Don Beasley Managing Director

Allocation

FUND FACTS

100%

Share Class

R1

41023X724 $13,000

Total Expense Ratio* Benchmark Advisor

0.90%$12,000

o

Risk Management Overlay expands in adverse market conditions

l a

2

R

40% $11,000

0.17%$10,000

t i l i t y

M

a

n a

e

m

e

Sharpe Ratio

1.07% 0% $8,000

$7,000TR Morningstar Target Date 2030

Annual Portfolio Turnover

mark Capital 2030 Fund and Classcredentialed R1 of experienced professionals. For h of $10,000 R1 Shares 05/31/2007 - 3/31/2014 overClass two decades, Trademark Capital has been

30

35 35

40

45

n t

0.29

Retirement Age 50

55

60

65

$12,269.26

10.19%

Maturity Age

79%

85 *The fund expense ratio has 10 bps of service fees payable to the plan’s$6,000 service Inception Date 2/1/2011 $5,000 The Capital total expense ratio includes Inc. the fund Trademark Management, is a expense ratio and the weighted 31, providers. 2014 Young Savers Mature Accumulators Near-Retirement Transitioners In-Retirement Harvesters 1 average ETF registered expense. federally investment advisor with a team Fund vs. the S&P 500

Trademark Capital

25

$12,975.53

0.89 g

contracts under positive market conditions

$9,000

0.45% 0.56

Standard DeviationOverlay Risk Management

20%

($10.70 per $1,000 invested)

V

Beta

60%

The asset allocation and glide path strategy is powered by Wilshire Fund Expense RatioAssociates. Investment selection, management and downside protection Weighted AveragebyETF overlay is managed Trademark Capital.

Risk Management Overlay

Fixed Income

FUND DATA1

Alpha

80% $14,000

Investment Approach CUSIP

Equity

70

75

80

Age

2007-05 2007-07 2007-09 2007-11 2008-01 2008-03 2008-05 2008-07 2008-09 2008-11 2009-01 2009-03 2009-05 2009-07 2009-09 2009-11 2010-01 2010-03 2010-05 2010-07 2010-09 2010-11 2011-01 2011-03 2011-05 2011-07 2011-09 2011-11 2012-01 2012-03 2012-05 2012-07 2012-09 2012-11 2013-01 2013-03 2013-05 2013-07 2013-09 2013-11 2014-01 2014-03

arch

Glide Path Powered By:

(34 and younger)

(35-49)

(50-65)

(65+)

The Risk Management Overlay, can reduce exposure to the “equity” glide path during

2020 Trademark Fundthe R1 level of the Morningstar Target Date Overlay 2020TRAILING periods of elevated market risk. While Risk Management is lower RETURNS steadfast in holding true to its core principles: TOP 10 HOLDINGS for younger investors, the pre-determined maximum levels of protection increase up to and putting client’s interest first and delivering VOO uard S&P 500 ETF 6) Vanguard Small Cap VB QTD Y Q1: March 31, 2014 goal-oriented solutions. The Trademark Capital “through” retirement. 7) Vanguard REIT Index Fund VNQ investment philosophy centers on the idea of At age 65, the target retirement date, the maximum equity exposure is 55%. At age 85, the target maturity date, the maximum equity VEA Fund uard FTSE Developed Markets 8) Vanguard FTSE Emerging Markets VWO2030 Fund Class R1 Trademark Capital 1.56% 1. Trademark Capital exposure is 15%, which represents the lowest allocation to equities along the glide path. 2030 Fund Class R1 “winning by not losing.”

ss

BND

9) SPDR Barclays International Treasury Bond

FUND FACTS Glide Path Consultant R1

Wilshire Associates 41023X724

BWX

Growth of $10,000 - 3/31/2014 Morningstar Target Date 2030 TR EMLC Class R1 Shares 05/31/2007

10) Market Vectors Emerging Mkts Local Currency

FUND DATA

Alpha Beta

Founded in 1972, Wilshire Associates (“Wilshire®”), 0.90% R2 a leading global independent investment consulting Average ETF 0.17% Standard Deviation and services firm, has more than four decades of Sharpe Ratio ense Ratio* ($10.70 per $1,000 invested) 1.07% experience providing risk analytics, investment Annual Portfolio Turnover rk Morningstar Target Date 2030 TR consulting, and investment solutions to institutional pense ratio has 10 bps of service fees payable to the plan’s service Inception Date e total expense ratio includes the fund expense ratio andWilshire the weighted serves in excess of 500 investors worldwide. xpense. organizations in 20 countries representing assets totaling approximately US $7 trillion.*

ense Ratio

Trustee

Hand Benefits & Trust Company Hand Benefits & Trust Company (HB&T), a BPAS company, is a state-chartered trust company serving the retirement industry since 1963. HB&T, headquartered in Houston, is regulated by the Texas Department of Banking and is one of the country’s largest full service trust companies dedicated to retirement plans.

*Assets are as of December 31, 2011, based on data published in the December 24, 2012 issue of Pensions and Investments.

1 $14,000

$13,000

0.45%

2)$11,000 Cash

0.89

TOP 10 HOLDINGS

1)$12,000 Vanguard S&P 500 0.56 ETF

$8,000

$5,000

1

Fund vs. the S&P 500

8) Vanguard FTSE Emerging Markets Fund0.00%

VNQ 12/31/2007 12/3

$12,063.69

9) SPDR Barclays International Treasury Bond

Growth of $10,000

BND

$10,514

10) Market Vectors Emerging Mkts Local Currency

Morningstar Target Date 2030 TR 1 0.00% FUND DATA $9,812 TRAILING RETURNS (%) - CLASS R1 SHARES Growth of $10,000 R1 Alpha

FUND FACTS

Share Class CUSIP

VEA

VO

4) Vanguard Mid Cap 79% 5) $7,000 Vanguard Total2/1/2011 Bond Market Index Fund $6,000

$12,882.23

6) Vanguard Small Cap

Trademark Capital 2030 Fund Class R1

0.29

$9,000

QTD

Trademark Capital 2030 Fund Class R1

1.56%

YTD

1 Year

3 Year

5 Year

1.56%

8.98%

4.26%

9.69%

41023X724

Fund Expense Ratio 0.90% 1.43% Fund 1.43% Morningstar Target Date2030 2030 TR Trademark R1 Weighted Average ETF

Total Expense Ratio*

0.17%

Beta

Inception to Date 3.71%

2 RMorningstar 12.11% 7.99% Target 15.85% Date 20302.78%

Standard Deviation

Sharpe Ratio 1.07% ($10.70 per $1,000 invested) 12/31/2007 12/31/2008 12/31/2009 12/31/2010

$10,514 $8,400 $10,901 *The fund expense ratio has 10of bps of service fees payable to the plan’s service$9,962 Growth $10,000 Inception Date providers. The total expense ratio includes the fund0.00% expense ratio -35.69% and the weighted28.65% 13.42% Morningstar Target Date 2030 TR average ETF expense. $9,812

$6,310

$8,118

$9,207

$10,595

BWX

$8

EMLC

-35

$6

0.45%

0.56

10.19%

12/31/2011 12/31/2012 12/31/2013

0.00% -20.11% 9.43% -3.01% Annual Portfolio Turnover Trademark Capital 2030 Fund Class R1 Benchmark Morningstar Target Date 2030 TR18.60%

VWO -20

0.89

CALENDAR YEAR RESULTS ($) 5/31/07 - 12/31/13

Growth of $10,000

1.

CALENDAR YEAR RESU VB

VOO

7) Vanguard REIT Index Fund

10.19% 3)$10,000 Vanguard FTSE Developed Markets

1.43%

2007-05 2007-07 2007-09 2007-11 2008-01 2008-03 2008-05 2008-07 2008-09 2008-11 2009-01 2009-03 2009-05 2009-07 2009-09 2009-11 2010-01 2010-03 2010-05 2010-07 2010-09 2010-11 2011-01 2011-03 2011-05 2011-07 2011-09 2011-11 2012-01 2012-03 2012-05 2012-07 2012-09 2012-11 2013-01 2013-03 2013-05 2013-07 2013-09 2013-11 2014-01 2014-03

VO

uard Mid Cap

uard Total Bond Market Index Fund

0.29

7.47%

11.15%

79%

$11,412

$12,684

2/1/2011

-2.28%

13.36%

16.62%

$8,997

$10,199

$11,893

1

Fund vs. the S&P 500

Illustrates a $10,000 investment made on 5/31/2007 with no additional deposits. Performance prior to February 1, 2011 is back-tested while performance after February 1, 2011 is based on actual results. Hypothetical, back-tested performance information for the Fund is for illustrative purposes only and does not represent actual Fund performance. Hypothetical, back-tested performance has inherent limitations and is not indicative of future results. No representation is being made that the Fund will achieve performance similar to that shown. The hypothetical performance does not reflect brokerage fees but is net of stated Fund expenses.

Trademark Capital 2030 Fund Cl

Morningstar Target Date 20


0 invested)

1.07%

0.29

et Date 2030 TR

Annual Portfolio Turnover

e to the plan’s service ratio and the weighted

Inception Date

79% 2/1/2011

FundRetirement vs. the S&P 500 Trademark Capital Target 2030 Fund R1 1

TRAILING RETURNS (%) - CLASS R1 SHARES 1 Year

3 Year

1.56%

8.98%

4.26%

9.69%

Inception to Date 3.71%

1.43%

12.11%

7.99%

15.85%

2.78%

QTD

YTD

Trademark Capital 2030 Fund Class R1

1.56%

Morningstar Target Date 2030 TR

1.43%

5 Year

Past Performance is no guarantee of future results and the actual performance of the benchmark and the Fund($) may be lower or higher than the hypothetical past performance shown above. Fund returns are CALENDAR YEAR RESULTS 5/31/07 - 12/31/13 calculated net of fees. Fund returns are compared to the Morningstar Target Date 2030. Performance prior to February 1, 2011 is back-tested while performance after February 1, 2011 is based on actual results. 12/31/2008 12/31/2009 12/31/2010 Date prior to actual inception is representative of the manager’s performance of a like12/31/2007 strategy. Inception date used in the hypothetical return is12/31/2011 May 31, 2007.12/31/2012 12/31/2013

Trademark Capital Target Retirement 2030

Trademark Capital 2030 Fund Class R1

Target and Actual Allocation

Growth of $10,000

0.00%

-20.11%

18.60%

9.43%

-3.01%

7.47%

11.15%

$10,514

$8,400

$9,962

$10,901

$10,595

$11,412

$12,684

$9,812

$6,310

$8,118 Real

$9,207

$8,997

$10,199

$11,893

3/31/2014 Target Allocation 0.00% -35.69% 28.65% 13.42%

3/31/2014 Actual Allocation 13.36% 16.62%

-2.28%

Morningstar Target Date 2030 TR

The actual allocation of the fund may differ from the target Growth of $10,000 allocation depending on the current position of the Risk Management Overlay. The Risk Management Overlay can reduce exposure to the “equity” portion of the glide path when our model indicates periods of elevated market risk. The Risk Management Overlay provides higher levels of capital protection up to and “through” retirement for the near-dated Funds [2010, 2020 and 2030], while allowing for a higher standard deviation (i.e. up/down volatility) in the longer-dated Funds [2040 & 2050].

Key Considerations

A one-step, broadly diversified, ‘managed for you’ solution that adjusts to an investors age, as well as, changes in the financial markets. A winning combination - Combining Wilshire’s glide path expertise with a proprietary downside protection strategy that has been used in client accounts since 1991. A balanced approach - The management style not only balances risk with return, but also seeks to improve performance per unit of risk over traditional “diversified” portfolios. A great value - The underlying securities are exchangetraded funds (ETFs) resulting in significant cost savings.

Other Bonds 16%

Other Bonds 18%

Int'l Stocks 20% Cash & TIPS 17%

Q1: March 31, 2014

US Stocks 41%

US Stocks 42%

Trademark Capital 2030 Fund Class R1 Growth of $10,000 Class R1 Shares 05/31/2007 - 3/31/2014 TOP 10 HOLDINGS VOO

1) Vanguard S&P 500 ETF 2) Cash

VEA

3) Vanguard FTSE Developed Markets

VO

4) Vanguard Mid Cap

BND

5) Vanguard Total Bond Market Index Fund

Trademark Capital Target Retirement Fund

Before 1949

2010

1950-1959

2020

1960-1969

2030

1970-1979 After 1980

2040 2050

Int'l Stocks 19%

Cash & TIPS 18%

6) Vanguard Small Cap

VNQ

8) Vanguard FTSE Emerging Markets Fund

VWO

9) SPDR Barclays International Treasury Bond 10) Market Vectors Emerging Mkts Local Currency

R1 41023X724

Alpha

0.90%

R2

Weighted Average ETF

0.17%

Standard Deviation

Benchmark

($10.70 per $1,000 invested)

1.07%

Morningstar Target Date 2030 TR

*The fund expense ratio has 10 bps of service fees payable to the plan’s service providers. The total expense ratio includes the fund expense ratio and the weighted average ETF expense.

IMPORTANT RISK CONSIDERATIONS

The Trademark Capital Target Retirement Funds are Collective Investment Funds (CIFs) sponsored by Hand Benefit & Trust Company. The CIFs are not mutual funds and shares are not deposits of Hand Benefits & Trust, a BPAS company, or Trademark Capital Management, and are not insured by the Federal Deposit Insurance Corporation or any other agency. The CIFs are securities which have not been registered under the Securities Act of 1933 and are exempt from investment company registration under the Investment Act of 1940. As defined in the Declaration of Trust and Participation Agreement documents, the Funds are available for investment by eligible qualified retirement plan trusts only. Principal invested is not guaranteed at any time, including at or after the fund’s specific target retirement date. Participants and beneficiaries may experience losses near, at or after the target date and there is no guarantee that the investment will provide adequate retirement income. The participants and beneficiaries on whose behalf assets are invested in a QDIA have the right to direct the investment to any other investment alternative under the plan, subject to any fees or limitation that may apply to such transfer under the plan. Principal Risks - Any of the principal risks summarized below may adversely affect the Fund’s net asset value, performance and ability to meet its investment objective. Active Management: The investment is actively managed and subject to the risk that the advisor’s usage of investment techniques and risk analyses to make investment decisions fails to perform as expected, which may cause the portfolio to lose value or underperform investments with similar objectives and strategies or the market in general. Target Date: Targetdate funds, also known as lifecycle funds, shift their asset allocation to become increasingly conservative as the target retirement year approaches. Still, investment in target date funds may lose value near, at, or after the target retirement date, and there is no guarantee they will provide adequate income at retirement. Underlying Fund/Fund of Funds: A portfolio’s risks are closely associated with the risks of the securities and other investments held by the underlying or subsidiary funds, and the ability of the portfolio to meet its investment objective likewise depends on the ability of the underlying funds to meet their objectives. Investment in other funds may subject the portfolio to higher costs than owning the underlying securities directly because of their management fees. ETF: Investments in exchange-traded funds generally reflect the risks of owning the underlying securities they are designed to track, although they may be subject to greater liquidity risk and higher costs than owning the underlying securities directly because of their management fees. Shares of ETFs are subject to market trading risk, potentially trading at a premium or discount to net asset value. Suitability: Investors are expected to select investments whose investment strategies are consistent with their financial goals and risk tolerance. The target-date fund should be selected based on factors in addition to age or retirement date, including investment objectives, time horizon, risk tolerance and fees and the stated asset allocation may be subject to change. It is possible to lose money by investment in the fund including at and after the target date. The glide path methodology assumes at the target retirement age the participant or beneficiary withdraws 5% of the account value per year. The Trademark Capital Target Retirement Funds performance prior to February 1, 2011 represents hypothetical back-tested results for the funds while performance after February 1, 2011 is based on actual results. The performance results reflect the reinvestment of dividends and other account earnings, and the maximum Fund investment management fee that would have been charged by Trademark had Trademark managed the Fund during the corresponding

0.45%

Beta

Fund Expense Ratio

Total Expense Ratio*

BWX EMLC

FUND DATA1

Share Class CUSIP

VB

7) Vanguard REIT Index Fund

FUND FACTS

Year of Birth

Real Assets 4%

Assets 5%

0.56 0.89 10.19%

Sharpe Ratio

0.29

Annual Portfolio Turnover

79%

Inception Date

2/1/2011 1

Fund vs. the S&P 500

TRAILIN

time period plus estimated corresponding Fund expenses (estimated at 0.90% annually), and any separate fees assessed directly by each security (mutual funds, exchange-traded funds, etc.) that comprised the portfolio. Therefore all results are net of fees. As market conditions fluctuate, the investment return and principal value of any investment will change. Diversification may not protect against market risks. There are risks involved with investing, including possible loss of principal. Different types of investments and/or investment strategies involve varying levels of risk, and there can be no assurance that any specific investment or investment strategy Trademark Capital 2030 Fund Class (including the investments purchased and/or investment strategies devised or undertaken by Trademark) will be profitable.

Q R1

1

Past performance may not be indicative of future results. Therefore, no current or prospective client shouldTarget assume Date that future Morningstar 2030 TR performance will be profitable, equal the performance results reflected, or equal the corresponding historical benchmark index. The historical performance results for the benchmark does not reflect the deduction of transaction and custodial charges, or the deduction of an investment management fee, the incurrence of which would have the effect of decreasing indicated historical performance results. Benchmarks are unmanaged and one cannot invest directly in a benchmark. The historical performance results for the benchmark is provided exclusively for comparison purposes only, so as to provide general comparative information to assist an individual client or prospective client in determining whether Trademark Funds meets, or continues to meet, his/her investment objective(s). Please Also Note: (1) performance results do not reflect the impact of taxes; (2) It should not be assumed that account holdings will correspond directly to any benchmark index; and, (3) comparative indices may be more or less volatile than the Trademark Funds. Trademark Capital 2030 Fund Class R1

1

CALENDAR

The performance results (5/31/07-12/31/10) reflect hypothetical, back-tested results, that were achieved by means of the retroactive of $10,000 application of a back-tested portfolio and, as such, the corresponding results have inherent limitations, including:Growth (1) Fund results do not reflect the results of actual trading using client assets, but were achieved by means of the retroactive application of each of the Targetperformance Date 2030 TR referenced portfolios, certain aspects of which may have been designed with the benefit ofMorningstar hindsight; (2) back-tested may not reflect the impact that any material market or economic factors might have had on the adviser’s use of the hypothetical portfolio if the portfolio had been used during the period to actually mange client assets; and, (3) Trademark’s clients may Growth of have $10,000 experienced investment results during the corresponding time periods that were materially different from those portrayed in the portfolio. Hypothetical performance results have been compiled solely by Trademark, are unaudited, and have not been independently verified. Trademark maintains all information supporting the performance results in accordance with regulatory requirements. Information pertaining to Trademark’s advisory operations, services, and fees is set forth in Trademark’s current disclosure statement, a copy of which is available from Trademark upon request. Performance results have been compiled solely by Trademark, are unaudited, and have not been independently verified. Trademark maintains all information supporting the performance results in accordance with regulatory requirements. Benchmark performance reflects results as reported directly by each respective index and/or obtained by Trademark from other reliable sources, and have not been independently verified by Trademark.

For more information, contact your financial advisor or call Trademark Capital at 1-800-808-8960 www.TrademarkCapital.com

Glide Path Powered By:

12/3

0

$1

0

$9


Tctr 2030 r1  
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