The Asset Allocation Composite seeks to achieve long-term growth for clients. Ancora will allocate client assets using exchange traded funds and, in certain instances, mutual funds, including the Ancora Family of Mutual Funds. Examples of the types of funds in which Ancora may invest include: (i) exchange-traded funds that reflect certain market or market capitalization averages, (ii) exchange-traded funds that utilize underlying basket of securities in certain industries, (iii) exchange traded funds that invest in specific countries or regions of the world, and (iv) mutual funds, including the Ancora Family of Mutual Funds. Ancora will use these vehicles to take advantage of perceived short and long-term trends and mis-pricing in certain industries and countries in a cost-effective and efficient manner. The composite utilizes a blended benchmark of 35% Russell 3000, 15% EAFE and 50% Barclay Aggregate Bond Index. Prior to July 1, 2006, Ancora used the S&P 500 as the composite benchmark, but all benchmark data currently in the presentation reflects the blended 50%, 35%, 15%.