1. Historical Comparisons
4→6 Year βeta
7→15 Year βeta
15+ Year βeta

2. The Growth Of $100,000*
The chart below shows the hypothetical growth of $100,000 invested from January 1st, 2006 to December 31, 2015 using data for the mutual funds used in the strategies. The benchmark is the MSCI All Country World Index. The S&P 500, a US only large company stock index is shown for reference.
*Historical returns do not guarantee future results or success. This analysis is for demonstration purposes to show what could have happened. Future results will vary. See Appendix for information on portfolio risks and obtaining a prospectus. Asset Dedication is not affiliated with Dimensional Fund Advisors.

3. Annual Returns 2006 to 2015
The chart below shows the annual returns from January 1st, 2006 to December 31, 2015 using the mutual funds used in each strategy. The benchmark is the MSCI All Country World Index. The S&P 500, a US only large company stock index is shown for reference.
*This analysis is for demonstration purposes to show what could have happened. Future results will vary. Historical returns do not guarantee future results or success. See Appendix for information on portfolio risks and obtaining a prospectus. Asset Dedication is not affiliated with Dimensional Fund Advisors.

4. Worst Case Scenario 1927 to 2015
The chart below shows the back-tested hypothetical returns for $1,000,000 invested over time horizons from 1 to 20 years. The worst case at a given horizon reflects the worst returns for each strategy.
*Historical returns do not guarantee future results or success. This analysis is for demonstration purposes to show what could have happened. Future results will vary. See Appendix for information on portfolio risks and obtaining a prospectus. Asset Dedication is not affiliated with Dimensional Fund Advisors.

5. Appendix RISK DISCLOSURES ANALYSIS METHODOLOGY
This information is intended to provide general information about the Time Targeted Equity Portfolios, and not represent an actual portfolio.
Market risk is the risk that the value of an investment will decrease due to moves in market factors. Securities of small companies are often less liquid than those of large companies. Small company stocks tend to fluctuate relatively more in price than large company stocks. Foreign securities prices are subject to additional risks that may include price declines or fluctuations due to economic and political actions of foreign governments, less regulated and liquid securities markets, and exposure to foreign currency fluctuations against the U.S. dollar.
Prices of fixed income securities tend to move in the opposite direction of interest rates. In general, fixed income securities with longer maturities are more sensitive to price changes. Credit risk is the risk that the issuer of a security may be unable to make interest payments and repay the principal when due. Credit risk is greater for fixed income securities with ratings below investment grade.
Past performance is not a guarantee of future investment results. Investing in securities involves the risk of loss, and there is no assurance that any investment will be profitable.
ANALYSIS METHODOLOGY
Simulated portfolio performance is based on back-tested data, provided for informational purposes only, does not represent actual performance, and should be considered strictly hypothetical. Actual performance may have been materially lower, and future performance may be materially lower. Results also do not reflect trading and market factors that could have impacted a client’s or Asset Dedication’s decision-making process.
No matter how positive historical audits have been over any time period, the potential for loss is always present due to factors which may not be accounted for in the historical audit. The nature of a back-tested audit creates the potential for a financial professional to select superior performance results in order to get the desired audit results.
The holdings based analysis “looks through” the mutual funds and examines the combined underlying securities of the funds in the portfolio, given the weights in the allocation.
Appendix

6. Appendix DATA SOURCES AND DESCRIPTION
MSCI data copyright MSCI, all rights reserved. The MSCI All Country World Index is a free float adjusted market capitalization index comprised of developed and emerging markets countries designed to capture the characteristics of a global equity market portfolio. The MSCI World ex USA Index is a free float adjusted market capitalization index comprised of developed countries designed to capture the characteristics of the developed equity markets globally excluding the United States. The MSCI Emerging Markets Index is a free float adjusted market capitalization index comprised of emerging markets countries designed to capture the characteristics of the emerging equity markets globally. MSCI Value & Growth Indexes categorize value and growth securities using eight historical and forward looking variables. MSCI Small Cap Indexes cover all investable small cap securities with a market capitalization below that of the companies in the MSCI Standard Indexes, targeting approximately 14% of each market’s free-float adjusted market capitalization.
Center for Research in Security Prices (CRSP®) data provided by the Center for Research in Security Prices, University of Chicago. CRSP indices are segmented by deciles 1 thorough 10, with 1 being the largest. Decile breakpoints are based on NYSE market capitalization (plus AMEX equivalents since July 1962 and NASDAQ equivalents since 1973). Value and growth indices are determined by book-to-market ratios where decile breakpoints for value are the three deciles with the highest book-to-market ratios and growth are the three deciles with the lowest book-to-market ratios.
The S&P 500 is a trademark of Standard & Poor's Index Services Group. The S&P 500 Index includes 500 of the top companies in leading industries in the U.S. economy. Focusing on the large-cap segment of the market, the S&P 500 covers approximately 80% of available U.S. market cap.
Russell data copyright © Russell Investment Group, all rights reserved. The Russell ranks US common stocks by market capitalization at each reconstitution period (May 31). The Russell 3000 is the broadest index and is comprised of the 3,000 largest US stocks. The Russell 1000 is considered the large cap index and contains the 1,000 largest US stocks. The Russell 2000 measures the small-cap segment of the US stocks market and is comprised of the US stocks 1,001-3,000 as measured by market capitalization. Russell assigns companies to value and growth style indices based on price-to-book ratios and I/B/E/S forecast medium-term growth.
Dow Jones® data provided by Dow Jones Indexes. The Dow Jones U.S. Select REIT Index is a float adjusted market capitalization index consisting of publicly traded U.S. real estate securities.
Bloomberg indices are trademarks or service marks of Bloomberg Finance, L.P. The Bloomberg Commodity Total Return Index, formerly the DJ-UBS Commodity Index, is a broadly diversified index that tracks the commodities markets through commodity futures contracts.
US bonds, bills, and inflation data © Stocks, Bonds, Bills, and Inflation Yearbook™, Ibbotson Associates, Chicago (annually updated work by Roger G. Ibbotson and Rex A. Sinquefield).
Dimensional Fund Advisors data available at
Appendix

7. Disclosures
Asset Dedication, LLC is a registered investment adviser located in San Francisco, California. Asset Dedication may only transact business in those states in which it is registered, or qualifies for an exemption or exclusion from registration requirements. Asset Dedication’s written disclosure statement discussing Asset Dedication’s business operations, services, and fees is available from Asset Dedication upon written request. Asset Dedication does not make any representations as to the accuracy or completeness of any information prepared by any unaffiliated third-party.
Past performance is not a guarantee of future investment results. Investing in securities involves the risk of loss, and there is no assurance that any investment will be profitable.
Historical performance results for investment indices and categories generally do not reflect the deduction of transaction and custodial charges, nor the impact of taxes; the incurrence of which would have the effect of decreasing performance results.
Asset Dedication and Dimensional Fund Advisors are not affiliated with each other. Dimensional Fund Advisors is an investment advisor registered with the Securities and Exchange Commission. Consider the investment objectives, risks, and charges and expenses of the Dimensional funds carefully before investing. For more complete information about the Dimensional funds, please read the prospectus carefully before investing by calling Dimensional Fund Advisors collect at (310) 395‐8005 or at Dimensional funds are distributed by DFA Securities LLC, an affiliate of Dimensional Fund Advisors, Bee Cave Road, Building One, Austin, TX