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Annual Expected Returns in Selected Markets

Submitted by Your Personal CFO - Bourbon Financial Management on December 4th, 2015

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Investing Styles

Submitted by Your Personal CFO - Bourbon Financial Management on December 4th, 2015

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Even Successful Funds had Multiple Periods of Unperformance

Submitted by Your Personal CFO - Bourbon Financial Management on December 4th, 2015

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Equity Benchmark Inefficiencies Provide an Opportunity for Active Investors

Submitted by Your Personal CFO - Bourbon Financial Management on December 4th, 2015

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A Small Portion of Active Funds Survived and Outperformed over 15 years

Submitted by Your Personal CFO - Bourbon Financial Management on December 4th, 2015

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Percentage of Funds Outperforming Their Benchmark After Applying Lower Hypothetical Expense Ratios

Submitted by Your Personal CFO - Bourbon Financial Management on December 4th, 2015

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Percentage of Actively Managed Funds That Have Outperformed Their Benchmarks

Submitted by Your Personal CFO - Bourbon Financial Management on December 4th, 2015

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Quality is the Best Hedge Against Rising Volatility

Submitted by Your Personal CFO - Bourbon Financial Management on November 6th, 2015

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Civilian Unemployment Rate

Submitted by Your Personal CFO - Bourbon Financial Management on November 6th, 2015

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For Four Million Americans, the Recession Isn't Over

Submitted by Your Personal CFO - Bourbon Financial Management on November 6th, 2015

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