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Appendix – as of 06/30/2008
Investment portfolio as of 06/30/2008
   Financial Guarantors - $734 million of total exposure
      • No wrapped transactions, no direct investments in
        guarantors, no exposure to guarantors in the Ameriprise
        liquidity facilities
      • Investment decisions based on the integrity of the
        underlying cash flows
      • $640 million of enhanced municipal securities
          – Enhanced securities comprise almost 50% of the
            municipal market
      • $94 million of enhanced asset back securities
Appendix – as of 06/30/2008
 Structured asset portfolio - $9.9 billion
    • $6.0 billion RMBS, $2.8 billion CMBS, $1.1 billion ABS
 Residential mortgage backed securities portfolio of $6.0
 billion is 96% AAA-rated
      • Agency mortgage exposure totals $4.3 billion
        – Stable prepayment profile with less negative
          convexity and interest rate sensitivity than the MBS
          index
        – Portfolio has a higher coupon bias which should
          perform well in a rising interest rate environment
    • Prime mortgage exposure totals $599 million
        – $514 million is AAA-rated and $85 million is AA-
          rated
Appendix – as of 06/30/2008
 Residential mortgage backed securities (cont’d)
    • Alt A exposure is $1.1 billion
        – $939 million is AAA-rated, $67 million AA-rated,
          $4 million A-rated, and $70 million BB-rated or below
        – Majority of Alt-A holdings are “super senior” bonds
            » Greater credit enhancement than required to get a
              AAA rating
        – Market value of 78% of book as of 06/30/2008
Appendix – as of 06/30/2008
 Commercial mortgage backed securities portfolio - $2.8 billion
 exposure
    • Entirely AAA-rated
    • Seasoned collateral, predominantly 2005 or earlier vintages
        – Lower delinquency rates than the overall CMBS market
    • Market value of 98% of book as of 6/30/2008
 Asset backed securities portfolio - $1.1 billion exposure
    • 82% AAA-rated
    • $415 million are securitized small business loans backed by
      the full faith and credit of the US government.
    • $411 million - primarily credit cards, automobile loans, and
      student loans, 72% AAA-rated.
Appendix – as of 06/30/2008
  Asset backed securities portfolio (cont’d)
     • $247 million of securities back by subprime residential
       mortgages, less than 1% of the Ameriprise portfolio
         – $174 million are senior AAA-rated tranches, $56
           million are AA-rated, $12 million are BBB-rated, and
           $5 million BB-rated or below
         – High quality exposure - short duration, with limited
           negative convexity
  Commercial real estate - $3.0 billion exposure
     • Average loan to value ratio of 54%
     • Solid weighted average debt service coverage ratio of
       1.82x
     • No delinquencies over the past year and a half
Appendix – as of 06/30/2008
 Corporate credit - $13.8 billion exposure
    • Investment grade portfolio is highly diversified and well
      positioned with a preference toward non-cyclicals and a
      bias toward regulated industries and asset rich-companies
    • High yield portfolio includes $2.2 billion in below investment
      grade securities, comprising 7% of the investment portfolio
        – Highly diversified with a focus on credits that can
          generate free cash flow through economic cycles
    • Homebuilders - $164 million exposure
        – As of 06/30/2008, unrealized losses on homebuilders
          were $34 million

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ameriprise 2Q08_Appendix

  • 1. Appendix – as of 06/30/2008 Investment portfolio as of 06/30/2008 Financial Guarantors - $734 million of total exposure • No wrapped transactions, no direct investments in guarantors, no exposure to guarantors in the Ameriprise liquidity facilities • Investment decisions based on the integrity of the underlying cash flows • $640 million of enhanced municipal securities – Enhanced securities comprise almost 50% of the municipal market • $94 million of enhanced asset back securities
  • 2. Appendix – as of 06/30/2008 Structured asset portfolio - $9.9 billion • $6.0 billion RMBS, $2.8 billion CMBS, $1.1 billion ABS Residential mortgage backed securities portfolio of $6.0 billion is 96% AAA-rated • Agency mortgage exposure totals $4.3 billion – Stable prepayment profile with less negative convexity and interest rate sensitivity than the MBS index – Portfolio has a higher coupon bias which should perform well in a rising interest rate environment • Prime mortgage exposure totals $599 million – $514 million is AAA-rated and $85 million is AA- rated
  • 3. Appendix – as of 06/30/2008 Residential mortgage backed securities (cont’d) • Alt A exposure is $1.1 billion – $939 million is AAA-rated, $67 million AA-rated, $4 million A-rated, and $70 million BB-rated or below – Majority of Alt-A holdings are “super senior” bonds » Greater credit enhancement than required to get a AAA rating – Market value of 78% of book as of 06/30/2008
  • 4. Appendix – as of 06/30/2008 Commercial mortgage backed securities portfolio - $2.8 billion exposure • Entirely AAA-rated • Seasoned collateral, predominantly 2005 or earlier vintages – Lower delinquency rates than the overall CMBS market • Market value of 98% of book as of 6/30/2008 Asset backed securities portfolio - $1.1 billion exposure • 82% AAA-rated • $415 million are securitized small business loans backed by the full faith and credit of the US government. • $411 million - primarily credit cards, automobile loans, and student loans, 72% AAA-rated.
  • 5. Appendix – as of 06/30/2008 Asset backed securities portfolio (cont’d) • $247 million of securities back by subprime residential mortgages, less than 1% of the Ameriprise portfolio – $174 million are senior AAA-rated tranches, $56 million are AA-rated, $12 million are BBB-rated, and $5 million BB-rated or below – High quality exposure - short duration, with limited negative convexity Commercial real estate - $3.0 billion exposure • Average loan to value ratio of 54% • Solid weighted average debt service coverage ratio of 1.82x • No delinquencies over the past year and a half
  • 6. Appendix – as of 06/30/2008 Corporate credit - $13.8 billion exposure • Investment grade portfolio is highly diversified and well positioned with a preference toward non-cyclicals and a bias toward regulated industries and asset rich-companies • High yield portfolio includes $2.2 billion in below investment grade securities, comprising 7% of the investment portfolio – Highly diversified with a focus on credits that can generate free cash flow through economic cycles • Homebuilders - $164 million exposure – As of 06/30/2008, unrealized losses on homebuilders were $34 million