1. Group Project In order to complete the Group Project you will need to spend approximately 15 - 20 hours completing research on top mutual funds. The research should be in depth. You are allowed and encouraged to work in small teams (2 to 4 individuals). The next three pages highlight the type and number of top funds that you should recommend in each fund category. For a further description of each fund category, you may want to review the category descriptions shown on the following link. http://www.wellsfargo.com/investing/mutual_funds/mornin gstar_desc http://www.wellsfargo.com/investing/mutual_funds/mornin gstar_desc http://www.wellsfargo.com/investing/mutual_funds/mornin gstar_desc http://www.wellsfargo.com/investing/mutual_funds/mornin gstar_desc

2. Recommendations 1. Domestic Large Cap Value (3) 2. Domestic Large Cap Blend (3) 3. Domestic Large Cap Growth (3) 4. Domestic Mid Cap Value (3) 5. Domestic Mid Cap Blend (3) 6. Domestic Mid Cap Growth (3) 7. Domestic Small Cap Value (3) 8. Domestic Small Cap Blend (3) 9. Domestic Small Cap Growth (3)

3. Recommendations 10. Specialty-Real Estate (3) 11. International World (3) 12. International + (categories of your choosing) (3) 13. Taxable Bonds (you choose the categories) (3) 14. Municipal Bonds (you choose the categories) (3) 15. Choose any three Categories you are interested in that was not previously researched (3)

4. Considerations Consider the following as you select your top funds: 1. Consider Tax Efficiency 2. Front Load & Back Load fees 3. Holding Period Returns 4. Morningstar Rating 5. Manager Start Date 6. Minimum Investment 7. Sharpe Ratio 8. Standard Deviation 9. Expense Ratio 10. Percent Rank in its Category 11. How does the fund compare to its index