BRI Long/Short Equity Index up +0.95% in July and 8.04% YTD

For more information about BRI Partners, please visit www.brindexsolutions.com

About BRI Partners, LLC

BRI Partners, LLC, was originally founded in 2001 as a hedge fund seeding company. After divesting of the hedge fund companies in its portfolio in 2013 the original BRI Partners ended its seeding business.  In 2016 the company was reformed, re-establishing itself as a creator and licensor of investible beta hedge fund indexes. BRI also specializes in research focused on quantifying, analyzing and demystifying the risk and alpha in alternative strategies.  BRI strives to be intellectually honest, transparent and focused on quality. BRI is committed to acting with equanimity and engaging in collaborative, open-minded relationships with our clients and our partners to create true value for all. All investing involves risk including the possible loss of principal. The BRIndex’s achievement of its objectives is not guaranteed. The Index’s strategies for managing volatility entail their own unique risks and it may not be suitable for some investors due to their financial circumstances and risk tolerance. Futures can be volatile and may cause the Index’s performance to be volatile. A fluctuation in an individual holding could have a relatively large impact because the Index is not diversified. The Index is not actively managed and so will not otherwise take defensive positions in declining markets unless such positions are reflected in the Index’s Methodology statement.

About Wilshire Associates Incorporated 

Wilshire Associates, a leading global financial services firm, provides consulting services, analytics solutions and customized investment solutions to plan sponsors, investment managers and financial intermediaries. Its business units include, Wilshire Analytics, Wilshire Consulting, Wilshire Funds Management and Wilshire Private Markets. Based in Santa Monica, California, Wilshire provides services to clients in more than 20 countries representing more than 500 organizations with assets totaling approximately US$7 trillion. * With ten offices worldwide, Wilshire Associates and its affiliates are dedicated to providing clients with the highest quality counsel, products and services. The BRINDEXES℠ (“Indexes”) are based on a methodology designed by BRI Partners, LLC. Wilshire Associates Incorporated (“Wilshire”) calculates and distributes the Indexes based on the BRI’s methodology. Wilshire makes no representations about the intended purpose of or the methodology used to construct the Indexes. Wilshire makes no representations regarding the advisability of investing in products based on the Indexes.  The Index is not sponsored, endorsed, sold or promoted by Wilshire. Wilshire® and Wilshire 5000® are registered service marks of Wilshire Associates Incorporated. Wilshire 5000 Total Market Index℠ and Powered by Wilshire℠ are service marks of Wilshire Associates Incorporated.* Client assets are as represented by Pensions and Investments (P&I), detailed in P&I’s “Largest Retirement Funds” and P&I’s “Largest Money Managers (U.S. institutional tax-exempt assets)” as of 9/30/15 and 12/31/15, and published 2/8/16 and 5/30/16, respectively). For more information about Wilshire Associates, please visit www.wilshire.com