The Morgan Stanley US Small Cap Value Instl. Fund was added to the Diversified Small Co. Stock Option this month. This new fund has a strong track record and should provide more value exposure to this option. The assets have been reallocated in the option as follows:
| Allocation | ||
| Diversified Small Co. Stock Option Managers | Before | Current |
| Century Small Cap Value Instl. (csmcx) | 15% | 15% |
| Royce Opportunity (rypnx) | 15% | 15% |
| Dimensional US Micro Cap Portfolio (dfscx) | 15% | 15% |
| Third Avenue Small Cap Value (tascx) | 15% | 15% |
| Legg Mason Opportunity (lmofx) | 10% | 10% |
| Morgan Stanley US Small Cap Value Instl. (mpscx) | 0% | 10% |
| BGI Small Company Index | 30% | 20% |