Message From The President

  David P. Marks, CFA
  President - MEMBERS Capital Advisors
  Chief Investment Officer - CUNA Mutual Group



  
  Dear Investor,

  Thank you for your interest in MEMBERS Capital Advisors (MCA). MCA is fully dedicated
  to providing best in class investment options to our clients. Each offering provides investment
  opportunities across a broad range of asset classes as well as different asset allocations for
  investors with varying degrees of risk tolerance. 

  MCA manages the general account assets of CUNA Mutual Insurance Society which back our
  insurance products including our life and long-term care insurance, along with our fixed and
  indexed annuities.

  The strength of our investment team, both in number and experience, is the backbone of our
  ability to manage through market cycles.  

  For our clients, we appreciate the confidence you have placed in us as managers of your
  assets. For those who are assessing our capabilities, I invite you to challenge us with your
  questions. I am confident we are positioned to deliver the investment expertise and results
  you would expect from a growing, high caliber investment management firm.
  
  Sincerely,
 

  David Marks, President
  MEMBERS Capital Advisors