Disclaimer

Symmetry Partners, LLC, is an investment advisory firm registered with the Securities and Exchange Commission. The firm only transacts business in states where it is properly registered, or excluded or exempted from registration requirements. Past performance is not indicative of future results. Therefore, different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Symmetry Partners LLC), or any non-investment related content, made reference to directly or indirectly on this website will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained on this website serves as the receipt of, or as a substitute for, personalized investment advice from Symmetry Partners LLC or your advisor. Please remember to contact your advisor, if there are any changes in your personal/financial situation or investment objectives for the purpose of reviewing/evaluating/revising our previous recommendations and/or services. Symmetry Partners LLC is neither a law firm nor a certified public accounting firm and no portion of the website content should be construed as legal or accounting advice. Information throughout our site and materials, whether stock quotes, charts, articles, or any other statements regarding market or client performance or other financial information is obtained from sources which we, and our suppliers believe reliable, but we do not warrant or guarantee the timeliness or accuracy of this information. Neither we or our information providers shall be liable for any errors or inaccuracies, regardless of cause, or the lack of timeliness of, or for any delay or interruption in the transmission thereof to the user.

Asset Class Periodic Table Disclosure
Past performance is no guarantee of future results. Investors cannot invest directly in an index. Indexes have no fees. Historical performance results for investment indexes generally do not reflect the deduction of transaction and/or custodial charges or the deduction of an investment management fee, the incurrence of which would have the effect of decreasing historical performance results. Actual performance for client accounts may differ materially from the index portfolios. DFA creates mutual funds that attempt to capture the asset classes that these indexes track. The Symmetry Portfolio strategy is to encompass the distinct assets classes by constructing portfolios utilizing the applicable DFA mutual funds. As with any investment strategy, there is a potential for profit as well as the possibility of loss.

All Index information provided by Dimensional Fund Advisors except for 1-3 and 3-5-Yr Global Bonds, created with Zephyr StyleADVISOR. Data is from sources believed to be reliable but cannot be guaranteed or warranted. CRSP is the Center for Research in Security Prices located at the University of Chicago.
US Large = SP 500 Index: Index of 500 large-cap companies traded on major US exchanges, as provided by DFA from Standard & Poor’s Index Services Group.
US Large Value = F/F US Large Value Index: Provided by Fama/French from CRSP securities data. Simulated strategy of upper-half market cap, upper 30% book-to-market NYSE (plus AMEX equivalents since July 1962 and NASDAQ equivalents since 1973), excluding utilities.
US Small = CRSP 9-10 Index: Deciles 9-10 NYSE (plus AMEX equivalents since July 1962 and NASDAQ equivalents since 1973). Provided by CRSP.
US Small Value = F/F US Small Value Index: Provided by Fama/French from CRSP securities data. Simulated strategy of lower-half market cap, upper 30% book-to-market NYSE (plus AMEX equivalents since July 1962 and NASDAQ equivalents since 1973), excluding utilities.
REIT = DJ US Select REIT Index: Measures U.S. publicly traded Real Estate Investment Trusts. Dow Jones US Select REIT Index provided by Dow Jones Indexes.
Int’l Large Value = F/F Int’l Value Index: Provided by Fama/French from MSCI securities data. Simulated strategy of MSCI EAFE countries in the upper 30% book-to-market range.
Int’l Small = DFA Int’l Small Cap Simulated Index: 1970-June 1981: 50% UK Small Cap Index and 50% Japan Small Cap Index. July 1981-present: Simulated by DFA from StyleResearch securities data. Includes securities of MSCI EAFE countries in the 10%-1% of ME range; market cap weighted; each country is capped at 50%; rebalanced semi-annually. Int’l Small Value = DFA Int’l Small Value Simulated Index: Simulated by Dimensional from StyleResearch securities data. Includes securities of MSCI EAFE countries in the top 30% of book-to-market in the 10%-1% ME range: market cap weighted; each country is capped at 50%; rebalanced semi-annually.
Emerging Markets = MSCI Emerging Markets Index: Gross dividends reinvested (in US dollars). A free float-adjusted market cap index that is designed to measure equity market performance in the global emerging markets.
Emerging Markets Value = F/F Emerging Value Index: Provided by Fama/French from IFC securities data. Simulated strategy of International Finance Corp. investable universe countries in the upper 30% book-to-market range; companies weighted by float-adjusted market cap; countries weighted by country float adjusted market cap; rebalanced monthly. Emerging Markets Small = F/F Emerging Small Cap Index: Provided by Fama/French from IFC securities data. Simulated strategy using International Finance Corp. investable universe countries. Companies in the bottom 30% of aggregate market cap; companies weighted by float-adjusted market cap; countries weighted by country float-adjusted market cap; rebalanced monthly.
1 Year Treas = ML 1-Yr T-Note Index: Merrill Lynch One-Year US Treasury Note Index provided by DFA.
1-3 Yr Global Bonds = Citigroup WGBI Hedged Index 1-3 Yrs: Citigroup World Government Bond Currency-Hedged Index provided by Zephyr StyleADVISOR.
5 Year Treas = 5-Yr T-Note Index: Ibbotson Intermediate Five Year Treasury notes provided by DFA.
3-5 Yr Bonds = Citigroup WGBI Hedged Index 3-5 Yrs: Citigroup World Government Bond Currency-Hedged Index provided by Zephyr StyleADVISOR.

Symmetry Model Disclosure
With respect to the Symmetry models referenced herein, Symmetry Partners is an Investment Advisory firm registered with the SEC. Symmetry charges an investment management fee for its services. All Symmetry Partners’ fees can be found in the ADV Part II located in Legal Disclosure and Privacy Policy section of this website. See menu at bottom of your screen to access the link. As with any investment philosophy, there is a possibility of profitability as well as loss. Diversification seeks to improve performance by spreading your investment dollars into various asset classes to add balance to your portfolio. Using this methodology, however, does not guarantee a profit or protection from loss in a declining market. Symmetry does not guarantee performance for any investment recommendation. As with any investment strategy there is a possibility of profitability as well as loss. Rebalancing assets can have tax consequences. If you sell assets in a taxable account you may have to pay tax on any gain resulting from the sale. Please consult your tax advisor. Symmetry follows a passive investment strategy that involves limited ongoing buying and selling actions. Passive investors will purchase investments with the intention of long-term appreciation and limited maintenance. Passively managed portfolios are designed to closely track their respective benchmark index rather than seek out performance. As a result, the portfolio may hold securities regardless of the current or projected performance of a specific security or a particular industry or market sector. Maintaining investments in securities regardless of market conditions or the performance of individual securities could cause the portfolio to lose value if the market as a whole falls. Higher potential return generally involves greater risk, short term volatility is not uncommon when investing in various types of funds including but not limited to: sector, emerging markets, small and mid-cap funds. International investing involves special risks such as currency fluctuation, lower liquidity, political and economic uncertainties, and differences in accounting standards. Risks of foreign investing are generally intensified for investments in emerging markets. Risks for emerging markets include risks relating to the relatively smaller size and lesser liquidity of these markets, high inflation rates and adverse political developments. Risks for investing in international equity include foreign currency risk, as well as, fluctuation due to economic or political actions of foreign governments and/or less regulated or liquid markets. Risks for smaller companies include business risks, significant stock price fluctuation and illiquidity. Investing in real estate entails certain risks, including changes in: the economy, supply and demand, laws, tenant turnover, interest rates (including periods of high interest rates), availability of mortgage funds, operating expenses and cost of insurance. Some real estate investments offer limited liquidity options. Investing in higher-yielding, lower-rated bonds has a greater risk of price fluctuation and loss of principal income than U.S. government securities, such as U.S. Treasury bonds and bills. Treasuries and government securities are guaranteed by the government for repayment of principal and interest if held to maturity. Investors should carefully assess the risks associated with an investment in the fund. Investing in commodities is often through futures trading, where the risk of loss in these contracts can be substantial. You and your advisor should carefully consider whether such trading is suitable depending on your financial situation. The high degree of leverage that is often obtainable in commodity trading can work against you as well as for you. The use of leverage can lead to large losses as well as gains. In some cases, managed commodity accounts are subject to substantial charges for management and advisory fees.

Exchange-traded funds tend to distribute fewer capital gains than traditional open-end mutual funds due to the in-kind redemption process, which allows the ETF to swap out low cost-basis securities. Be advised that this process defers taxes, but does not eliminate them. Investors will owe capital gains taxes on gains made in their own ETF shares. The goal of the Symmetry Global Market Rebalancing Process is to decrease capital gains taxes at the portfolio level by keeping the portfolio allocation connected to global market weights. The investor’s own equity allocation is expected to move in line with the movement of global markets, (with some differences related to the investor’s overweights to value and small stocks). At the time of the investor’s rebalance, the portfolio will be rebalanced to an updated target that reflects current market weights to the United States, international developed markets and emerging markets. The goal is to reduce the portfolio level turnover required by rebalancing in comparison with a rebalance to a static allocation that is not tied to equity market movement.

ETFs do not sell individual shares directly to investors and only issue their shares in large blocks. Exchange traded funds are subject to risks similar to those of stocks. Investment returns will fluctuate and are subject to market volatility, so that an investor’s shares, when redeemed or sold, may be worth more or less than their original cost. ETF shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Brokerage commissions will reduce returns. Investing in commodities is often through futures trading, where the risk of loss in these contracts can be substantial. You and your advisor should carefully consider whether such trading is suitable depending on your financial situation. The high degree of leverage that is often obtainable in commodity trading can work against you as well as for you. The use of leverage can lead to large losses as well as gains. In some cases, managed commodity accounts are subject to substantial charges for management and advisory fees.

An investor should consider investment objectives, risks, charges and expenses before investing. To obtain a prospectus, which contains this and other information, please visit the following websites: www.vanguard.com, www.spdrs.com and www.ishares.com. Please read the prospectus carefully before investing.

Prospectuses may be obtained from your advisor or from Dimensional Fund Advisors:www.dfaus.com. For the most recent month end performance information, please call Dimensional Fund Advisors at 310-395-8005. Please read the prospectus carefully before investing or sending money.

Index Definitions
Investors cannot invest directly in an index. Indexes have no fees. Historical performance results for investment indexes generally do not reflect the deduction of transaction and/or custodial charges or the deduction of an investment management fee; the incurrence of which would have the effect of decreasing historical performance results. Actual performance for client accounts may differ materially from the indexes shown. All data provided by Dimensional Fund Advisors. Data is from sources believed to be reliable but cannot be guaranteed or warranted.

S&P 500 Index: Index of 500 large-cap companies traded on major U.S. exchanges, as provided by DFA from Standard & Poor’s Index Services Group. CRSP 6-10 Index: Deciles 6-10 from the Center for Research in Security Prices at the University of Chicago. NYSE (plus AMEX equivalents since July 1962 and NASDAQ equivalents since 1973). F/F U.S. Large Value Index: Provided by Fama/French from CRSP securities data. Simulated strategy of the upper-half market cap, upper 30% book-to-market NYSE (plus AMEX equivalents since July 1962 and NASDAQ equivalents since 1973), excluding utilities. F/F U.S. Large Growth Index: Provided by Fama/French from CRSP securities data. Simulated strategy of the upper-half market cap, lower 30% book-to-market NYSE (plus AMEX equivalents since July 1962 and NASDAQ equivalents since 1973), excluding utilities. F/F U.S. Small Value Index: Provided by Fama/French from CRSP securities data. Simulated strategy of the lower-half market cap, upper 30% book-to-market NYSE (plus AMEX equivalents since July 1962 and NASDAQ equivalents since 1973), excluding utilities. F/F/U.S. Small Growth Index: Provided by Fama/French from CRSP securities data. Simulated strategy of the lower-half market cap, lower 30%book-to-marketNYSE (plus AMEX equivalents since July 1962 and NASDAQ equivalents since 1973), excluding utilities.