Balanced Index

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	YTD
2019	4.01%	1.27%	0.94%	1.35%	-1.80%	2.81%	0.29%	-0.61%	0.44%	0.76%	0.91%	1.30%	12.18%
2020	0.04%	-3.90%	-9.49%	5.99%	2.46%	1.55%	2.82%	2.41%	-1.71%	-1.01%	6.33%	2.50%	7.14%
2021	0.21%	1.50%	1.51%	2.08%	0.88%	0.60%	0.37%	1.18%	-1.74%	2.88%	-1.93%	2.04%	9.90%
2022	-3.03%	-1.52%	0.09%	-4.33%	-0.23%	-5.61%	2.93%	-2.14%	-5.45%	2.70%	3.63%	-2.33%	-14.74%
2023	4.43%	-1.93%	0.40%	0.78%	-1.19%	2.32%	1.64%^§	-1.39%^†	-	-	-	-	5.00%*

^†Estimated performance for August 2023 calculated with reported data from 121 funds.
^§Estimated performance for July 2023 calculated with reported data from 124 funds.
^*All estimates and 2023 YTD amounts are calculated with reported data as of Sep-29-2023 21:00 US CST.

About the Balanced Index

This strategy typically combines net long equity exposure with net long fixed income exposure. The goal is to limit the volatility of the overall combined portfolio by taking advantage of the diversification benefits that accrue when combining asset classes with low cross-correlations. Percentage net long exposures to equities and fixed income can vary widely above and below 50% to each.

The Barclay Balanced (Stocks & Bonds) Index is recalculated and updated real-time on this page as soon as the monthly returns for the underlying funds are recorded. Only funds that provide us with net returns are included in the index calculation. The number of funds that are currently included in the calculations for the most recent months can be found in the footnotes above. Please note that the calculation for the number of funds is time-stamped and that the number of funds will continue to increase until all funds categorized within the sector have reported monthly returns.

About the Balanced Index

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