10.25.2023 OMA Board Book

Obesity Medicine Association Current Period: 12-31-2022 to 10-06-2023

Index Return Summary

Inception Date 12-31-2009 The market indices provided below include a selection of asset class and style-based comparisons which may be helpful to understanding the performance of your investments relative to a representative benchmark(s). In addition to carefully reviewing the Benchmarks section in the Important Information & Disclosure, you should discuss the indices included in the below analysis, specifically the benchmarks for the asset classes that align with the asset allocation of your portfolio, and throughout this report with your Financial Advisor to understand how the benchmarks compare with your assets and investment strategy.

Current Period

Quarter To Date

Year To Date

Since Inception

Cash And Equivalents

1 Yr.

3 Yr.

5 Yr.

10 Yr.

2022 2021 2020 2019

Bloomberg US Treasury 1-3 Year (Total Return)

1.72% 0.03% 1.72% 2.44% (0.90%)

1.06% 0.80% (3.82%)

(0.60%)

3.16% 3.59% 0.91%

Fixed Income Bloomberg US Corporate Investment Grade (Total Return)

(1.42%) (2.46%) (2.01%)

(1.44%) (1.02%) (0.64%)

(1.42%) (2.46%) (2.01%)

1.36% (5.45%)

0.86% 2.08% (15.76%)

(1.04%) (2.28%)

9.89% 14.54% 3.22% 7.94% 6.83% 1.41%

Bloomberg US Government (Total Return) Bloomberg Municipal Bond (Total Return)

(1.71%)

(5.92%) (0.06%)

0.56% (12.32%)

1.13% (2.43%)

1.04% 2.22% (8.53%)

1.52% 5.21% 7.54% 2.80% 5.28% 7.11% 14.32% 5.81% 6.34% 46.22% 23.15% 9.38%

Bloomberg US Corporate High Yield (Total Return) ICE BofAML All US Convertibles (Total Return) Bloomberg US Aggregate (Total Return) Bloomberg Global Aggregate (Total Return)

4.58% (1.21%) 4.29% (1.43%)

4.58% 6.86% 1.04% 2.80% 4.07% (11.19%) 4.29% 2.64% 2.13% 8.58% 8.59% (18.71%)

(2.36%) (3.21%)

(1.17%) (1.03%)

(2.36%) (3.21%)

(0.73%)

(5.54%)

0.06% 1.01% (13.01%)

(1.54%) (4.71%)

7.51% 8.72% 1.90% 9.20% 6.84% 0.55%

0.99% (7.29%) (1.62%)

(0.58%) (16.25%)

Equity S&P 500 (Total Return) Russell 1000 (Total Return)

13.66% 0.52% 13.66% 17.01% 10.36% 10.24% 11.91% (18.11%) 13.43% 0.37% 13.43% 16.21% 9.56% 9.96% 11.60% (19.13%)

28.71% 18.40% 31.49% 12.41% 26.45% 20.96% 31.43% 12.31% 25.16% 2.80% 26.54% 9.76% 27.60% 38.49% 36.39% 14.58% 20.95% 9.72% 25.34% 11.37% 22.18% 44.92% 36.69% 14.91% 22.58% 17.10% 30.54% 10.92% 14.82% 19.96% 25.52% 9.11% 28.27% 4.63% 22.39% 8.29% 2.83% 34.63% 28.48% 9.62% 11.26% 7.82% 22.01% 4.58% 6.64% 7.97% 17.64% 4.89% 25.66% 20.89% 31.02% 12.10% 18.54% 16.25% 26.60% 7.93% (2.54%) 18.31% 18.42% 2.13%

Russell 1000 Value (Total Return) Russell 1000 Growth (Total Return)

0.26% (1.51%)

0.26% 7.79% 10.07% 5.88% 8.22% (7.54%)

27.54% 2.05% 27.54% 24.39% 8.89% 13.42% 14.64% (29.14%)

Dow Jones Industrial Average (Total Return)

2.48% (0.24%)

2.48% 14.06% 8.53% 7.09% 10.80% (6.86%)

NASDAQ (Total Return)

29.17% 1.62% 29.17% 22.37% 7.21% 12.50% 14.60% (32.54%)

Russell Mid Cap (Total Return) Russell 2000 (Total Return) Russell 2000 Value (Total Return) Russell 2000 Growth (Total Return) MSCI EAFE (USD) (Net Return) MSCI Emerging Markets (Net Return) S&P US Preferred Stock (Total Return)

2.74% (1.13%) 0.29% (2.19%)

2.74% 6.55% 6.79% 6.59% 8.76% (17.32%) 0.29% 1.19% 4.78% 2.73% 6.37% (20.44%)

(3.11%)

(2.60%)

(3.11%)

0.21% 10.43% 2.56% 5.91% (14.48%)

3.38% (1.77%) 5.10% (1.85%) 0.18% (1.61%) 1.73% (3.76%)

3.38% 1.80% (0.84%)

2.24% 6.44% (26.36%)

5.10% 19.24% 4.48% 3.34% 3.64% (14.45%)

0.18% 5.69% (2.88%)

1.15% 1.70% (20.09%) 1.51% 3.71% (18.93%)

1.73% (0.44%)

(2.58%)

Russell 3000 (Total Return)

12.66% 0.24% 12.66% 15.31% 9.27% 9.49% 11.24% (19.21%)

MSCI All Country World (Net Return)

9.62% (0.40%)

9.62% 15.47% 6.46% 6.76% 7.47% (18.36%)

Alternative Investments Bloomberg Commodity Index

(5.43%) (1.80%)

(2.06%) (1.80%)

(5.43%) (1.80%)

(7.72%)

15.14% 5.27% (0.96%)

16.09% 27.11% (3.12%)

7.69% (1.34%) 25.79% 8.24%

Wilshire US Real Estate Securities (Total Return) Cambridge Associates US Private Equity (Deprecated)

3.43% 3.54% 3.15% 6.01% (26.75%)

46.11% (7.95%)

2.49% 0.00% 2.49% 3.60% 15.75% 13.55% 13.43% (2.36%)

39.06% 20.96% 14.02% 14.58%

HFRI Macro

1.61% 0.00% 1.61% 0.25% 7.75% 5.52% 3.48% 8.98% 7.72% 5.38% 6.50% 2.50%

HFRI RV Multi-Strategy

3.03% 0.00% 3.03% 3.36% 4.47% 3.76% 3.76% (0.73%) 4.27% 0.00% 4.27% 6.69% 6.89% 5.03% 4.57% (4.14%)

7.03% 6.69% 5.29% 4.63% 10.16% 11.83% 10.45% 4.59%

HFRI Fund Weighted Composite

Page 17 of 20 Please refer to the Disclosure section at the end of this report for definitions of the terms and calculations used, as well as other important information that you should consider when reviewing this report. TWR and IRR for periods of less than one year are not annualized. Account-Level and Total Portfolio performance are generally presented net of fees . Investment Product and security performance are generally presented net of associated transaction costs, including for securities held within an Investment Product, but gross of account-level fees and expenses. Review the “Performance” section of the Disclosure for a more detailed explanation and information regarding exceptions. Review the "Index Return Summary" to understand the performance of your investments relative to a representative benchmark.Periodic alternative investment valuations are adjusted by subsequent transaction activity and may also be calculated based on estimated returns. The latest valuation date is available in the Disclosure section of this report.