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The Royce Global Value Fund was terminated and removed from the International Stock Option on 9/12/13 due to the performance of this fund detracting from overall performance in this option. The new target allocation is 40% BlackRock ACWI Ex-US IMI Index, 12% Templeton Instl. Foreign Equity, 12% Thornburg Intl. Value, 12% Marsico Intl. Opportunities, 10% American Century Intl. Growth, 8% Dimensional Emerging Markets Value,  and 8% TCW International Small Cap. The assets from this fund were moved to the BlackRock ACWI Ex-US IMI Index until the Board finds a replacement fund.

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