/Capital Market Assumptions

Capital Market Assumptions

Edit return, risk, and yield assumptions for each asset class

Tax rates applied: Federal income 35.0%, Cap gains 15.0%, Effective blended 18.0%
Asset ClassIndexExp. ReturnStd DevYieldTotal YieldTurnoverTaxable YieldInterest YieldST Gains
Equity
U.S. Large Cap
S&P 500
%
%
%
%
%
%
%
%
U.S. Mid Cap
S&P MidCap 400
%
%
%
%
%
%
%
%
U.S. Small Cap
S&P 600 Small Cap
%
%
%
%
%
%
%
%
Developed Intl - Large Cap
MSCI EAFE
%
%
%
%
%
%
%
%
Emerging Markets
MSCI Emerging Markets
%
%
%
%
%
%
%
%
Fixed Income
Taxable Fixed Income
Bloomberg US Intermediate Govt
%
%
%
%
%
%
%
%
Tax Exempt Fixed Income
Bloomberg Municipal Bond
%
%
%
%
%
%
%
%
High Yield
Merrill Lynch High Yield Master II
%
%
%
%
%
%
%
%
EM Fixed Income
Bloomberg Global Aggregate Ex USD
%
%
%
%
%
%
%
%
Alternatives
L/S Hedge
HFRI Equity Hedge Index
%
%
%
%
%
%
%
%
Absolute Return
HFRX Global Hedge Fund Index
%
%
%
%
%
%
%
%
Private Equity
Blend - Balanced Products
%
%
%
%
%
%
%
%
Commodities
S&P GSCI
%
%
%
%
%
%
%
%
Cash
Cash
BofAML US Treasury Bill 3 Mon
%
%
%
%
%
%
%
%

Portfolio Impact

Balanced Growth — based on current weights

Expected Return
5.09%
Portfolio Risk
4.83%

Quick estimate from these assumptions · excludes cross-asset correlation

Sharpe Ratio
0.54
After-Tax Return
4.18%