Tax Efficient Balanced

Investment Objective
The Sage balanced account seeks to provide current income and capital growth by investing in a combination of fixed income securities and equity exchange-traded funds. Asset class weightings will vary according to the composite chosen by the client and Sage’s current assessment of which asset class offers the greatest return potential.

Instruments
Fixed Income
• U.S. Treasury debt obligations
• Tax-exempt municipal general debt obligations
• Tax-exempt municipal revenue debt obligations
• Taxable municipal general debt obligations

Equity (ticker)
• SPDRS (SPY)
• iShares S&P 500/Citigroup Growth (IVW)
• iShares S&P 500/Citigroup Value (IVE)
• Rydex S&P 500 Equal Weight (RSP)
• MidCap SPDRS (MDY)
• iShares S&P MidCap 400/Citigroup Growth (IJK)
• iShares S&P MidCap 400/Citigroup Value (IJJ)
• iShares S&P SmallCap 600 (IJR)
• Russell SmallCap Growth (IWO)
• iShares S&P SmallCap 600/Citigroup Growth (IJT)
• iShares S&P SmallCap 600/Citigroup Value (IJS)
• iShares MSCI-EAFE (EFA)
• DIAMONDS (DIA)

Benchmark
Lehman Brothers Municipal Blended 1 – 10 year Maturity Index and Standard & Poor 500 Index