Stocks and Bonds - Wells Fargo Advisors

Stocks and Bonds

Fall 2020

Robert S. Cheney, Managing Partner, PIM Portfolio Manager

Accura Wealth Advisors

Wells Fargo Advisors Financial Network, LLC

Investments and Insurance Products Are:

? Not Insured by the FDIC or Any Federal Government Agency

? Not a Deposit or Other Obligation of, or Guaranteed by, the Bank or Any

Bank Affiliate

? Subject to Investment Risks, Including Possible Loss of the Principal Amount

Invested

Investing in Stocks and Bonds

?Morningstar 2020. All Rights Reserved.

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Ibbotson? SBBI?

Stocks, Bonds, Bills, and Inflation 1926¨C2019

Past performance is no guarantee of future results. Hypothetical value of $1 invested at the beginning of 1926. Assumes reinvestment of income and no

transaction costs or taxes. This is for illustrative purposes only and not indicative of any investment. An investment cannot be made directly in an index.

?Morningstar 2020. All Rights Reserved.

3

Ibbotson? SBBI?

Stocks, Bonds, Bills, and Inflation 2000¨C2019

Past performance is no guarantee of future results. Hypothetical value of $1 invested at the beginning of 2000. Assumes reinvestment of income and no

transaction costs or taxes. This is for illustrative purposes only and not indicative of any investment. An investment cannot be made directly in an index

?Morningstar 2020. All Rights Reserved.

4

The Past 10 Years

2000-2019

Past performance is no guarantee of future results. Hypothetical value of $1 invested at the beginning of 2010. Assumes reinvestment of income and no

transaction costs or taxes. This is for illustrative purposes only and not indicative of any investment. An investment cannot be made directly in an index.

?Morningstar 2020. All Rights Reserved.

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