Page 31 - Mumme Booklet

DRAFT

OUR APPROACH TO ASSET ALLOCATION

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WHAT'S THE RIGHT PORTFOLIO FOR YOU?

Very At the Northwestern Mutual Wealth
Aggressive Aggressive Management Company, we believe that

Moderately Balanced return and risk are linked over the long-
Conservative term. Generally stated, seeking higher
Conservative rates of return requires additional risk.
For that reason, risk should be managed
through a consistent and ongoing process
by investment professionals.

To determine the right investment

portfolio for you, we consider:
Return Less than optimal 1. The amount of time before you'll use
your investments.
Risk 2. Your comfort level with risk and
fluctuations in value of your investments.
Large Cap Int'l Developed Mkts Commodities 3. Where you're most likely to get the
Mid Cap Int'l Emerging Mkts Fixed Income best possible return for the level of risk
(w/Cash Alternatives*) you're taking.
Small Cap Real Estate
Even the savviest investors cannot
Optimizing your portfolio requires consistently predict investment markets.
a) determining an asset class mix, and But that doesn't mean extensive
b) selecting investments. experience, ongoing research, and a
Get either of these wrong and your portfolio will consistent investment process can't
underperform for the amount of risk you're taking. improve the likelihood that you will achieve
your long-term goals.

IT'S NOT ENOUGH TO BE DIVERSIFIED. WE CAN HELP.

The investment professionals at Northwestern Mutual assess the full range of available investment
opportunities and combine them into portfolios specifically designed for investors to best meet their long-term
goals. Ongoing monitoring of the markets and underlying investments also permits for mid-course
adjustments as events unfold.

* All Signature Portfolios model asset allocations contain a 2% allocation to Cash Alternatives, which is represented in the Fixed
Income component of the pie chart.
There is no guarantee that any of the portfolios or models in a product will meet their stated goals or investment objectives.
Investments are subject to market risk and loss of principal. The investment return and principal value of an investment will fluctuate,
and when redeemed, may be worth more or less than their original cost. The portfolios represented on the Risk and Return
Relationship graph are not based on the actual investment experience or portfolio results of any client. No investment strategy can
guarantee a profit or protect against loss. As with any type of portfolio structuring, however, attempting to reduce risk and increase
return could at certain times unintentionally reduce returns.
61-1319 (0911) (REV 0919)

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This plan is not complete without the Assumptions and Disclosures pages appearing at the end.
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