Simfund PRO, 7.0: Distribution Data Enhancements – New Features & Functionality

Simfund 7.0 – New Features & Functionality Look, feel and functionality of Simfund remains exactly the same both in original views & new views Select, Grouping, Column, etc. Large majority of existing Simfund data flows seamlessly into new Views Mstar & Lipper categories, performance, ratings, fees, specialty flags, etc. Combined with new data from Access Data (AD) New AD data stored under Choices -- Distributor & Channel Items Distributor & Channel Assets and Flows (AD) Other distributor and channel data points

Distribution Data Enhancements Simfund PRO, 7.0: Distribution Data Enhancements New Data New Views Intuitive Switching My Funds Analysis Graphs & Reports Slide 3

Simfund PRO, 7.0: New Data Slide 4

What’s New to Simfund 7.0 Clients U.S. Long-Term, Open-End Mutual Funds & ETFs Assets by Business Segment Approx. $10 Trillion Total Industry AUM Enhanced Simfund 7.0 Distribution Coverage Defined Contribution Plans 25% $6+ trillion long-term assets 900 Distributors 9 Distribution Channels Based on data from 140+ fund managers 45 ETF managers Monthly assets & net flows by channel & distributor Intermediary- Sold 50% Other (*including a portion of DC Plan AUM) Direct-Sold 10% ETFs 12% This new data is sourced from SI’s partnership with Access Data, a Broadridge company. Simfund now contains data from Mstar (MS), Lipper (LI), ICI, SI and Access Data (AD) 5

9 Distribution Channels Key Intermediary-Sold Data Characteristics – Comprehensive Scope to Create Your Distribution Road Map 9 Distribution Channels 900 Distributors Wirehouse Independent / Regional RIA Private Bank Trust Companies Bank BD Dual-Registered RIA Retirement Platforms Discount Slide 6 6

Supporting Product Management & Development, Business Strategy & Distribution Teams with Timely Market Intelligence An integrated product + distribution competitive analytics tool Promoting the increasing need for product, strategy & distribution teams to work more closely together Refining the importance of “who to bring what message to” And adding the “where” to the “what” and “how” of competitive analysis Sales Q’s Product Q’s What distribution channels and distributors are growing? How does my existing distribution footprint fit into this reality? Where do we need to strengthen our existing efforts / where do new partnership opportunities exist? What are the key demand features across different channels and distributors? Where might my firm’s existing funds fit best w/in the FA community? Where might my firm’s skill set translate to success with new products? Slide 7 7

Simfund PRO, 7.0: New Views Slide 8

Distributor Analysis & Channel Analysis Views New Views in Simfund 7.0: Distributor Analysis & Channel Analysis Views The 5 Original Views Remain Exactly the Same The Added Data & Features Are Housed in the 2 New Views Slide 9

Distributor Analysis View The same universe of funds as Fund Analysis View, plus a new Easy Select and filters: Distributor Firm Type Distributor Total Assets Distributor Net Flows Share Class Type ETF Active-Passive *My Name (My Fund or My Portfolio) * With My Funds Analysis enabled Bank B-D Clearing Firm Discount Independent Investment Manager Private Bank Retirement Platforms Trust Co Wirehouse Slide 10

Distributor Analysis View New Grouping Items: Distributor Firm Type Distributor Name Distributor Parent Name New Column Items: Distributor Net Flows Distributor Total Assets *My Distributor Net Flows *My Distributor Total Assets * With My Funds Analysis enabled Analyze intermediary-sold mutual fund distribution at specific distributors. Slide 11

Channel Analysis View The same universe of funds as Fund Analysis View, plus a new Easy Select and filters: Detailed Channel Wirehouse RIA Dually Registered RIA Independent/Regional Retirement Platforms Private Bank Bank B-D Discount Trust Co Channel Total Assets Channel Net Flows Share Class Type ETF Active-Passive *My Name (My Fund or My Portfolio) * With My Funds Analysis enabled Slide 12

Channel Analysis View New Grouping Items: Channel Name Channel Type Broker Dealers RIA Bank & Trust Discount Retirement New Column Items: Channel Net Flows Channel Total Assets *My Channel Net Flows *My Channel Total Assets * With My Funds Analysis enabled Analyze intermediary-sold mutual fund distribution across the various distribution channels. Slide 13

Simfund PRO, 7.0: Intuitive Switching Slide 14

Distributor Analysis View Intuitive Switching Simfund 7.0 will automatically change the data items between the new views Distributor Analysis View Channel Analysis View Distributor Name Channel Name Distributor Total Assets Channel Total Assets Distributor Net Flows Channel Net Flows My Distributor Total Assets My Channel Total Assets My Distributor Net Flows My Channel Net Flows Distributor Parent Name Distributor Firm Type Channel Type Slide 15

Simfund, PRO 7.0: My Funds Analysis Slide 16

Distributor Analysis View My Funds Analysis Distributor Analysis View Channel Analysis View Grouping Column Select/Filter My Fund Name My Portfolio Name My Manager Name My Manager Full Name My Manager Parent Name My Distributor Total Assets My Distributor Net Flows My Fund Number My CUSIP Number My NASDAQ Ticker Symbol My Portfolio Number My Manager Code My Channel Total Assets My Channel Net Flows Analyze intermediary-sold mutual fund distribution for your funds or company’s share. Analyze specific distributors or across the various distribution channels. Slide 17

My Funds Analysis Grouping Items: Column Items: Row Filter: Sample Query 1: Analyze My Funds % of Competitor within Morningstar Category by Distributor based on Aug ‘12 assets Grouping Items: Mstar Category Name Distributor Name Column Items: SUM (Distributor Total Assets) SUM (My Distributor Total Assets) MY% (My Distributor Total Assets) Row Filter: Rank (numeric – 1 to N) from 1 to 10 the SUM (Distributor Total Assets) Quick Tip: Since a “My” data item is NOT included the peer group, use My Distributor Total Assets and MY% of My Distributor Total Assets to calculate Market Share for My Fund Company. Analyze your assets vs. Competitors side by side for a Distributor. Slide 18

My Funds Analysis Sample Query 2: Market Share for My Portfolios within Morningstar Category at Distributor based on Aug ‘12 assets Grouping Items: MStar Category Name Distributor Name My Portfolio Name Column Items: SUM (Distributor Total Assets) Share (Distributor Total Assets) Quick Tip: Since My Portfolio Name is included the peer group, use Share% of Distributor Assets to calculate Market Share for My Fund Company Slide 19

Simfund PRO, 7.0: Graphs & Reports Slide 20

Graphs Distributor Analysis: Channel Analysis: Slide 21 Distributor Assets: Pie My Distributor Assets: Pie Risk/Ret by MS Ctg, Dist Assets: Bubble Risk/Ret by MS Ctg,MyDist Assets: Bubble Risk/Ret by LI Cl, Dist Assets: Bubble Risk/Ret by LI Cl,MyDist Assets: Bubble My Distributor Assets: Bar Distributor Assets: Bar Distributor Assets: Line My Distributor Assets: Line Distributor Assets vs. Market Share My Distributor Flows: Bar Distributor Flows: Bar Distributor Flows: Line My Distributor Flows: Line Risk/Ret by MS Ctg, Dist Flows: Bubble Risk/Ret by MS Ctg, MyDist Flows: Bubble Risk/Ret by LI Cl, Dist Flows: Bubble Risk/Ret by LI Cl, MyDist Flows: Bubble Channel Analysis: Channel Assets: Pie My Channel Assets: Pie Risk/Ret by MS Ctg, Chan Assets: Bubble Risk/Ret by MS Ctg,MyChan Assets: Bubble Risk/Ret by LI Cl, Chan Assets: Bubble Risk/Ret by LI Cl,MyChan Assets: Bubble My Channel Assets: Bar Channel Assets: Bar Channel Assets: Line My Channel Assets: Line Channel Assets vs. Market Share My Channel Flows: Bar Channel Flows: Bar Channel Flows: Line My Channel Flows: Line Risk/Ret by MS Ctg, Chan Flows: Bubble Risk/Ret by MS Ctg, MyChan Flows: Bubble Risk/Ret by LI Cl, Chan Flows: Bubble Risk/Ret by LI Cl, MyChan Flows: Bubble Slide 21