As a leading independent investment management firm*, Fisher Investments participates in global equity and fixed income markets. As of March 31, 2008, Fisher Investments managed over $43 billion across two principal business units - Fisher Investments Institutional Group (FIIG) and Fisher Investments Private Client Group (FIPCG). These groups serve a global Fisher Investments client base of diverse investors including corporate, public and multi-employer pension funds, foundations and endowments, insurance companies, healthcare organizations, governments and high net worth individuals. The firm's Investment Policy Committee (IPC) is responsible for all strategic and tactical investment decisions for both business units. Consisting of the most senior investment professionals of Fisher Investments, the IPC offers clients more than 60 years of combined money management experience.

Fisher Investments has made significant contributions to several areas of investment management through its development of capital markets technology. In the early 1980s, Kenneth Fisher pioneered the use of the Price to Sales Ratio. In the mid 1980s, Fisher Investments contributed to the delineation of the small cap value equity asset class and explained its relevance to Fisher Investments clients as well as other investors. A decade later, Fisher Investments contributed to the recognition of distinct investment styles and cycles and conducted proprietary research aimed at identifying the drivers of these cycles. More recently, the firm has made significant forays into the emerging field of behavioral finance by researching its practical application in the portfolio management process.

Throughout its history, Fisher Investments' strategies regarding portfolio management have provided outstanding results to its institutional clients. Fisher Investments Institutional Group focuses on five primary strategies, each well established within its category and boasting a long-term performance history: Global Total Return, Foreign Equity, U.S. Total Return, Small Cap Value, and Mid Cap Value.

*Fisher Investments is wholly owned by Fisher Investments, Inc. (FII). Since inception, FII has been 100% Fisher-family and employee-owned. Ownership is distributed across the firm with the objective of creating long-term enterprise continuity.