Ullico | Investment Services at a Glance
Ullico Bulletin

Investment Services at a Glance

     as of September 30, 2016

¹Direct union impact figures provided by a 2014 economic impact study performed by Pinnacle Economics through input-output analysis utilizing IMPLAN modeling software. The study was performed using estimated project costs and union prevailing wage data from state departments of labor as provided by Ullico Investment Advisors, Inc. Jobs, Hours of Work and FTE figures reflect totals over the life of the project. All construction impacts are temporary in nature, and unfold as construction spending unfolds. This is an illustration of the projected economic impact of selected commercial real estate projects. All projections assume the completion of the relevant construction project which can depend on several factors including borrowers meeting all lending obligations. Projections are based on overall project costs which include the participation of Separate Account J.
²Estimated AUM equals $234 million as of 6/30/16 plus net flows and estimated return during 3rd quarter.
³Investment commitments of $652.1 million include $117.6 million in pending acceptances, which represent awards pending completion of the Subscription Agreement.

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