Passive

Global Frontier Beta

Non-US and rest-of-world beta exposure across developed market bonds, equities, commodities, and gold.

Current Allocation

IGOV

VEA

GSG

GLD

WIP

ETF	Ticker	Weight	Role
iShares Intl Treasury Bond	IGOV	36.7%	International government bonds
Vanguard FTSE Developed Markets	VEA	19.4%	Developed international equities
iShares S&P GSCI Commodity	GSG	19.3%	Broad commodities
SPDR Gold Shares	GLD	19.0%	Gold — debasement hedge
SPDR Intl Govt Infl-Protected	WIP	5.6%	International inflation-linked bonds
Total		100.0%

Allocations shown are model portfolio targets as of the most recent rebalance date. Actual implementation may vary. This is not investment advice. Past performance is not indicative of future results.

Allocations shown are model portfolio targets as of the most recent rebalance date. Actual implementation may vary. This is not investment advice.