Fisher Investments Performance

Fisher Investments was founded in 1979 by Ken Fisher as a sole proprietorship. Since then, the firm's performance has enabled it to expand its services across the US, UK, and Canada. In 1995, Fisher Investments began offering top-down, global, separate account management for high net worth individuals. Fisher Investments' performance in the market reassures investors their portfolios are managed by a leader in the industry.

We believe capital markets are efficient discounters of publicly available information. Therefore, to add value one must either identify information not widely known, or interpret widely known information correctly and differently from other market participants. Fisher Investments' performance is achieved with an active approach to portfolio management. Fisher Investments believes that supply and demand of securities are the sole determinants of securities pricing, and we strive to enhance our portfolio performance by conducting thorough analysis of the both factors in the global stock market. We leverage capital markets technology to discover and process investment opportunities and then to exploit such information to enhance Fisher Investments' performance opportunities while managing risk relative to a global benchmark. Our objective is to beat the benchmark consistently over the long term while controlling risk relative to the benchmark over time.

Fisher Investments' flagship Global Total Return strategy is not limited to any particular size or style, believing performance rotates among styles and the best strategy is one that can dynamically shift to take advantage of opportunities and manage risk. Fisher Investments' performance analysis can be requested by qualified investors at an in person meeting with a Fisher Investments representative. Fisher Investments seeks to attain a high level performance by studying and researching existing data. In compliance with the Global Investment Performance Standards (GIPS®), Fisher Investments' performance data is prepared and independently verified on an annual basis. Qualified investors may request portfolio performance data and analysis at a meeting with a Fisher Investments representative. To arrange an appointment with a Fisher Investments representative, please call us at 1-800-587-5512 for an appointment.

The Global Investment Performance Standards (GIPS) were created by the CFA Institute in 1999 to establish ethical, global and industry-wide standards for communicating investment results to prospective clients. Visit www.gipsstandards.org for more information.