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Comparison of historical horizon returns as of December 31, 2021

Submitted by Your Personal CFO - Bourbon Financial Management on March 6th, 2023

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Portfolio risk/return profile 25 years ended 9/30/21

Submitted by Your Personal CFO - Bourbon Financial Management on March 6th, 2023

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Russell 2000 index vs. the S&P 500 index trailing P/E ratios, 1/31/98-5/31/22 (%)

Submitted by Your Personal CFO - Bourbon Financial Management on March 6th, 2023

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S&P 500 down years (1977-2022)

Submitted by Your Personal CFO - Bourbon Financial Management on March 6th, 2023

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STOXX Europe 600 avec et sans dividendes et performances annunalisées du STOXX 600

Submitted by Your Personal CFO - Bourbon Financial Management on March 6th, 2023

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Fréquence de surperformance des actions à fort rendement vs. S&P 500

Submitted by Your Personal CFO - Bourbon Financial Management on March 6th, 2023

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S&P 500 real total return (annual) since 1900

Submitted by Your Personal CFO - Bourbon Financial Management on March 6th, 2023

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Commodities on course for best year since 1946

Submitted by Your Personal CFO - Bourbon Financial Management on March 6th, 2023

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World government bond GDP-weighted return index (YoY%) since 1915

Submitted by Your Personal CFO - Bourbon Financial Management on March 6th, 2023

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Worst starts since 1927

Submitted by Your Personal CFO - Bourbon Financial Management on March 6th, 2023

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