oakwood capital management llc annual return (%) equity returns of developed markets boxed return is...

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OAKWOOD CAPITAL MANAGEMENT LLC Annual Return (%) Equity Returns of Developed Markets Boxed Return is highest return for the year. In US dollars. Source: MSCI developed markets country indices (net dividends) with at least twenty-five years of data. MSCI data copyright MSCI 2013, all rights reserved; see MSCI disclosure page for additional information. Indexes are not available for direct investment. Index performance does not reflect expenses associated with the management of an actual portfolio. Past performance is not a guarantee of future results. Australia Austria Belgium Canada Denmark France Germany Hong Kong Italy Japan Netherlands Norway Singapore Spain Sweden Switzerland United Kingdom United States 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 36.40 9.30 - 17.54 33.64 - 10.82 35.17 5.40 11.19 16.49 - 10.44 6.07 17.62 -9.95 1.68 -1.34 49.46 30.34 16.02 30.86 28.34 - 50.67 76.43 14.52 - 10.95 22.07 0.57 103.9 1 6.33 - 12.23 - 10.65 28.09 -6.28 -4.72 4.51 1.57 0.35 -9.11 - 11.96 -5.65 16.55 56.96 71.52 24.64 36.54 2.17 - 68.41 43.20 9.88 - 36.43 25.90 53.63 17.29 - 10.98 13.77 -1.47 23.51 8.24 25.88 12.03 13.55 67.75 - 14.26 - 16.85 - 10.89 - 14.97 35.33 43.53 9.05 36.66 -2.73 - 66.48 57.49 -0.42 - 10.62 39.55 17.07 24.30 - 13.00 11.08 - 12.15 17.58 -3.04 18.31 28.54 12.80 -6.14 53.74 5.34 - 20.43 - 13.19 54.60 22.20 28.31 17.80 29.57 - 45.51 56.18 20.45 - 12.71 9.09 52.67 43.94 -0.91 16.56 - 28.25 32.81 3.77 18.78 21.79 34.52 8.99 12.06 3.44 - 14.81 - 16.03 49.25 30.82 24.50 38.77 25.59 - 47.56 36.57 30.73 - 16.02 31.27 37.87 36.15 - 13.83 17.83 2.81 20.91 -5.18 14.12 21.20 11.94 41.54 29.27 -4.31 - 22.36 - 21.18 40.22 18.48 9.88 34.48 13.24 - 43.27 31.83 -4.11 - 16.87 21.29 20.60 46.26 -9.36 8.16 - 10.27 35.64 4.66 16.41 13.58 24.57 29.43 20.04 - 15.59 - 22.39 - 33.18 63.80 16.17 9.92 35.99 35.21 - 45.87 25.15 8.44 - 18.08 30.90 28.12 8.39 9.17 49.52 32.29 116.7 0 - 28.90 22.57 33.08 - 23.29 -2.92 59.52 - 14.74 - 18.61 - 17.79 38.10 24.98 8.40 30.35 41.20 - 51.21 60.15 23.23 - 16.02 28.27 11.46 19.42 - 19.19 -1.82 - 22.22 28.53 11.56 1.05 12.59 35.48 52.52 -0.26 -1.33 - 26.59 -7.33 37.83 32.49 1.90 32.49 6.06 - 49.98 26.57 - 15.01 - 23.18 12.48 35.39 1.71 - 36.10 8.92 - 21.45 25.48 21.44 0.69 - 15.50 - 23.67 5.05 61.53 - 28.16 - 29.40 - 10.28 35.91 15.86 25.52 6.24 -4.23 - 29.21 6.25 15.44 - 14.33 8.18 14.19 35.79 -3.19 17.80 2.30 35.28 11.70 27.71 27.51 23.77 23.23 6.88 -4.09 - 22.10 - 20.83 28.09 12.24 13.85 31.38 20.59 - 48.22 42.25 1.74 - 12.12 20.59 42.40 45.53 0.65 - 15.50 - 22.29 42.04 23.57 6.02 28.63 6.24 - 30.06 31.70 -0.89 - 12.22 -7.26 48.11 38.39 24.26 45.12 31.43 - 64.24 87.07 10.95 - 10.01 18.65 33.32 42.26 - 11.66 24.96 6.28 67.97 6.68 6.45 -6.86 - 30.05 - 12.88 99.40 - 27.72 - 23.42 - 11.05 37.60 22.27 14.37 46.71 28.35 - 47.35 73.96 22.14 - 17.92 30.96 13.53 9.76 - 13.85 15.63 - 21.87 29.78 -4.80 29.83 40.05 25.41 49.90 4.83 - 15.86 - 11.36 - 15.29 58.46 28.93 4.41 49.36 23.95 - 40.60 43.48 - 21.95 - 12.28 3.00 48.33 31.79 - 20.99 14.42 - 14.41 36.99 18.34 33.36 37.21 12.92 13.96 79.74 - 21.29 - 27.18 - 30.49 64.53 36.28 10.31 43.39 0.62 - 49.86 64.16 33.75 - 15.98 21.97 6.18 26.21 -6.23 15.77 17.23 45.79 3.54 44.12 2.28 44.25 23.53 -7.02 5.85 - 21.38 - 10.31 34.08 14.96 16.33 27.40 5.29 - 30.49 25.31 11.79 -6.77 20.35 5.95 21.87 10.29 16.02 -3.65 24.44 -1.63 21.27 27.42 22.62 17.80 12.45 - 11.53 - 14.05 - 15.23 32.06 19.57 7.35 30.61 8.36 - 48.34 43.30 8.76 -2.56 15.25 14.61 30.01 -3.15 30.07 6.39 9.15 1.13 37.14 23.24 33.38 30.14 21.92 - 12.84 - 12.39 - 23.09 28.41 10.14 5.14 14.67 5.44 - 37.57 26.25 14.77 1.36 15.33

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Page 1: OAKWOOD CAPITAL MANAGEMENT LLC Annual Return (%) Equity Returns of Developed Markets Boxed Return is highest return for the year. In US dollars. Source:

OAKWOOD CAPITAL MANAGEMENT LLC

Annual Return (%)Equity Returns of Developed MarketsBoxed Return is highest return for the year.

In US dollars. Source: MSCI developed markets country indices (net dividends) with at least twenty-five years of data. MSCI data copyright MSCI 2013, all rights reserved; see MSCI disclosure page for additional information. Indexes are not available for direct investment. Index performance does not reflect expenses associated with the management of an actual portfolio. Past performance is not a guarantee of future results.

Australia

Austria

Belgium

Canada

Denmark

France

Germany

Hong Kong

Italy

Japan

Netherlands

Norway

Singapore

Spain

Sweden

Switzerland

United Kingdom

United States

1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

36.40 9.30 -17.54 33.64 -10.82 35.17 5.40 11.19 16.49 -10.44 6.07 17.62 -9.95 1.68 -1.34 49.46 30.34 16.02 30.86 28.34 -50.67 76.43 14.52 -10.95 22.07

0.57 103.91 6.33 -12.23 -10.65 28.09 -6.28 -4.72 4.51 1.57 0.35 -9.11 -11.96 -5.65 16.55 56.96 71.52 24.64 36.54 2.17 -68.41 43.20 9.88 -36.43 25.90

53.63 17.29 -10.98 13.77 -1.47 23.51 8.24 25.88 12.03 13.55 67.75 -14.26 -16.85 -10.89 -14.97 35.33 43.53 9.05 36.66 -2.73 -66.48 57.49 -0.42 -10.62 39.55

17.07 24.30 -13.00 11.08 -12.15 17.58 -3.04 18.31 28.54 12.80 -6.14 53.74 5.34 -20.43 -13.19 54.60 22.20 28.31 17.80 29.57 -45.51 56.18 20.45 -12.71 9.09

52.67 43.94 -0.91 16.56 -28.25 32.81 3.77 18.78 21.79 34.52 8.99 12.06 3.44 -14.81 -16.03 49.25 30.82 24.50 38.77 25.59 -47.56 36.57 30.73 -16.02 31.27

37.87 36.15 -13.83 17.83 2.81 20.91 -5.18 14.12 21.20 11.94 41.54 29.27 -4.31 -22.36 -21.18 40.22 18.48 9.88 34.48 13.24 -43.27 31.83 -4.11 -16.87 21.29

20.60 46.26 -9.36 8.16 -10.27 35.64 4.66 16.41 13.58 24.57 29.43 20.04 -15.59 -22.39 -33.18 63.80 16.17 9.92 35.99 35.21 -45.87 25.15 8.44 -18.08 30.90

28.12 8.39 9.17 49.52 32.29 116.70 -28.90 22.57 33.08 -23.29 -2.92 59.52 -14.74 -18.61 -17.79 38.10 24.98 8.40 30.35 41.20 -51.21 60.15 23.23 -16.02 28.27

11.46 19.42 -19.19 -1.82 -22.22 28.53 11.56 1.05 12.59 35.48 52.52 -0.26 -1.33 -26.59 -7.33 37.83 32.49 1.90 32.49 6.06 -49.98 26.57 -15.01 -23.18 12.48

35.39 1.71 -36.10 8.92 -21.45 25.48 21.44 0.69 -15.50 -23.67 5.05 61.53 -28.16 -29.40 -10.28 35.91 15.86 25.52 6.24 -4.23 -29.21 6.25 15.44 -14.33 8.18

14.19 35.79 -3.19 17.80 2.30 35.28 11.70 27.71 27.51 23.77 23.23 6.88 -4.09 -22.10 -20.83 28.09 12.24 13.85 31.38 20.59 -48.22 42.25 1.74 -12.12 20.59

42.40 45.53 0.65 -15.50 -22.29 42.04 23.57 6.02 28.63 6.24 -30.06 31.70 -0.89 -12.22 -7.26 48.11 38.39 24.26 45.12 31.43 -64.24 87.07 10.95 -10.01 18.65

33.32 42.26 -11.66 24.96 6.28 67.97 6.68 6.45 -6.86 -30.05 -12.88 99.40 -27.72 -23.42 -11.05 37.60 22.27 14.37 46.71 28.35 -47.35 73.96 22.14 -17.92 30.96

13.53 9.76 -13.85 15.63 -21.87 29.78 -4.80 29.83 40.05 25.41 49.90 4.83 -15.86 -11.36 -15.29 58.46 28.93 4.41 49.36 23.95 -40.60 43.48 -21.95 -12.28 3.00

48.33 31.79 -20.99 14.42 -14.41 36.99 18.34 33.36 37.21 12.92 13.96 79.74 -21.29 -27.18 -30.49 64.53 36.28 10.31 43.39 0.62 -49.86 64.16 33.75 -15.98 21.97

6.18 26.21 -6.23 15.77 17.23 45.79 3.54 44.12 2.28 44.25 23.53 -7.02 5.85 -21.38 -10.31 34.08 14.96 16.33 27.40 5.29 -30.49 25.31 11.79 -6.77 20.35

5.95 21.87 10.29 16.02 -3.65 24.44 -1.63 21.27 27.42 22.62 17.80 12.45 -11.53 -14.05 -15.23 32.06 19.57 7.35 30.61 8.36 -48.34 43.30 8.76 -2.56 15.25

14.61 30.01 -3.15 30.07 6.39 9.15 1.13 37.14 23.24 33.38 30.14 21.92 -12.84 -12.39 -23.09 28.41 10.14 5.14 14.67 5.44 -37.57 26.25 14.77 1.36 15.33