The document shows the monthly and annualized performance of various investment strategies managed by Brinker Capital over different time periods. It includes conservative to aggressive taxable and qualified mutual fund portfolios as well as specialized strategies and major market indices for comparison. Brinker Capital provides customized asset allocation programs using mutual funds selected from different fund families to meet investor needs and risk tolerances.

1. Destinations
Monthly
Performance
May YTD 1 Year 3 Year 5 Year 7 Year 10 Year
Since
Inception
5 Year
Std Dev
Conservative Taxable 1.29% 3.97% 6.82% 5.16% 7.17% 3.50% 5.09% 6.29% (01-95) 4.87%
Conservative Qualified 1.26% 3.26% 6.43% 4.88% 7.79% 3.20% 5.04% 6.10% (06-95) 4.96%
Moderately Conservative
Taxable
1.46% 3.86% 8.64% 6.16% 8.56% 3.74% 5.60% 6.70% (02-95) 6.24%
Moderately Conservative
Qualified
1.42% 3.24% 8.30% 5.85% 9.02% 3.47% 5.55% 6.77% (02-95) 6.43%
Moderate Taxable 1.69% 3.47% 12.01% 7.60% 11.12% 3.77% 6.27% 7.49% (03-95) 9.18%
Moderate Qualified 1.63% 3.09% 11.82% 7.45% 11.55% 3.85% 6.39% 7.75% (01-95) 9.39%
Moderately Aggressive
Taxable
1.86% 3.32% 13.55% 8.43% 12.35% 3.80% 6.60% 7.45% (04-95) 10.61%
Moderately Aggressive
Qualified
1.80% 3.10% 13.47% 8.31% 12.62% 3.89% 6.73% 7.69% (01-95) 10.78%
Aggressive Taxable 2.01% 3.07% 14.97% 9.25% 13.61% 3.76% 6.88% 7.24% (07-95) 12.09%
Aggressive Qualified 1.97% 2.98% 15.00% 9.18% 13.71% 3.84% 6.97% 7.97% (01-95) 12.21%
Aggressive Equity Taxable 2.38% 2.85% 17.73% 10.81% 15.62% 3.74% 7.23% 6.44% (01-97) 14.26%
Aggressive Equity Qualified 2.38% 2.85% 17.73% 10.81% 15.61% 3.81% 7.29% 6.47% (01-97) 14.26%
Specialized Strategies
Conservative Government
Focused
0.53% 1.42% 0.68% 0.90% 1.54% n/a n/a 1.86% (11-08) 1.42%
Defensive Taxable 0.84% 3.12% 3.29% 3.36% n/a n/a n/a 3.61% (10-09) n/a
Defensive Qualified 0.81% 2.67% 3.11% 3.08% n/a n/a n/a 4.15% (10-09) n/a
Balanced Income Taxable 1.65% 5.58% 10.05% 8.12% 11.41% 3.75% n/a 5.07% (08-06) 6.86%
Balanced Income Qualified 1.60% 5.35% 10.05% 8.00% 11.87% 3.74% n/a 6.10% (07-04) 6.93%
Major Market Indices
S&P 500 2.35% 4.97% 20.45% 15.15% 18.40% 5.59% 7.77% 13.30%
MSCI All Country World
Index ex USA
2.05% 4.10% 15.03% 5.11% 10.97% 1.60% 8.27% 16.75%
Barclays US Aggregate 1.14% 3.87% 2.71% 3.55% 4.96% 5.29% 4.99% 2.82%
Lipper Intermediate
Municipal
0.99% 4.35% 2.50% 4.29% 4.69% 4.30% 4.06% 3.64%
HFRX Global Hedge Fund 0.45% 0.83% 2.92% 0.67% 2.79% -1.34% 1.11% 4.12%
DJUBSCommodityIndex -2.87% 6.45% 2.50% -6.97% 1.47% -2.96% 0.39% 14.92%
FTSE/EPRA NAREIT
Global Real Estate
3.24% 10.70% 9.82% 8.78% 17.10% 0.71% 9.21% 16.53%
Red Rocks Listed
Private Equity
1.38% 1.47% 20.65% 10.49% 20.82% -0.45% 9.65% 19.99%
Full composite returns are available upon request. Returns shown above are based on actual market values and are weighted accordingly. Returns are calculated gross (before the deduction) of
advisory fees payable to Brinker Capital and any other expenses for service not covered by the advisory fee which would reducethe return. For returns net of advisory fees, see the Brinker Capital
Net Composite. Advisory fees are described in Brinker Capital’s Form ADV, Part 2A. Returns for periods exceeding one year are annualized. None of the portfolios comprising the returns are non-fee
paying. All return calculations are in U.S. Dollars. Past performance is no guarantee of future results.
An index is unmanaged and an investor cannot invest directly in an index. The net effect of the deduction
of Brinker Capital’s fees on annualized performance, including the compounded effect over time, is
determined by the relative size of the fee and the account’s investment performance. The chart to the
right depicts the effect of a 1% management fee on the growth of one dollar over a ten year period at
10% (9% after fees), 5% (4% after fees) and 3% (2% after fees) assumed rates of return.
Month Ending May 2014
A comprehensive
Mutual Fund
Program
The Destinations investment
management program provides
mutual fund asset allocation
strategiesspecificallydesignedto
meet client’s needs. The client’s
assets will be diversified across
an appropriate mix of mutual
fundsthatinvestindifferentasset
classes and sub-asset classes,
based on his or her investment
objectives. Brinker Capital’s
Investment Management Group
identifies specific funds from
the universe of fund families to
find those best suited to manage
the client’s assets. Each fund is
monitored and evaluated on an
ongoing basis.
Year 1 2 3 4 5 6 7 8 9 10
10% 1.10 1.21 1.33 1.46 1.61 1.77 1.95 2.14 2.36 2.59
9% 1.09 1.19 1.30 1.41 1.54 1.68 1.83 1.99 2.17 2.37
5% 1.05 1.10 1.16 1.22 1.28 1.34 1.41 1.48 1.55 1.63
4% 1.04 1.08 1.12 1.17 1.22 1.27 1.32 1.37 1.42 1.48
3% 1.03 1.06 1.09 1.13 1.16 1.19 1.23 1.27 1.30 1.34
2% 1.02 1.04 1.06 1.08 1.10 1.13 1.15 1.17 1.20 1.22
BrinkerCapital.com 800.333.4573 1055 Westlakes Drive / Suite 250 / Berwyn, PA 19312
For Financial Advisor use only in a one-on-one presentation with a sophisticated investor.
Not for distribution with the public.
Brinker Capital, Inc., a registered investment advisor.
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