GIPS Reports

Wespath Benefits and Investments (“Wespath”) is a general agency of The United Methodist Church, a 501(c)(3) tax-exempt organization. Wespath administers benefit plans and together with its subsidiaries, UMC Benefit Board, Inc. (“UMCBB”) and Wespath Institutional Investments, LLC (“WII”) invests (or provides back-office services for) assets on behalf of benefit plan participants and beneficiaries, plan sponsors and other institutions controlled by, affiliated with or related to The United Methodist Church (the “Church”). For GIPS compliance purposes, the Firm referenced herein is defined to include Wespath, UMCBB and WII (“Firm”). Wespath claims compliance with the Global Investment Performance Standards (GIPS®). GIPS is a registered trademark of CFA Institute. CFA Institute does not endorse or promote this organization, nor does it warrant the accuracy or quality of the content contained herein.

¹ Please refer to the Investment Funds Description – I Series for more information about each Fund. The GIPS Reports are provided for informational purposes only and are not an offer to purchase securities. The investment funds are neither insured nor guaranteed by the government.

² The Composites GIPS report reflects the historical performance record of composites employed by: (a) WII through funds called the I Series funds available as of January 1, 2019; and (2) UMCBB, an affiliated entity, through funds called the P Series funds and available to certain Institutional Investors (as defined below) prior to January 1, 2019. The composites include the applicable P Series fund before January 1, 2019. After January 1, 2019 the composites include both the applicable P Series fund and I Series fund (asset weighted). The composites for the applicable P Series fund and I Series fund have substantially similar investment objectives and investment strategies and are referred to collectively as “the Composites.” The P Series funds are not available to Institutional Investors other than in exceptional circumstances agreed to by the P Series funds adviser.