Fidelity Institutional Wealth Services TRADE EXECUTION CONFIRMATION
Conf. No: FIn2019n011872 | Date: December 11, 2019
Institutional Client Services | Wealth Management Platform
Annual Rebalance & Contribution Deployment — 2019
Strong-Year Equity Trim; Muni and IRA Bond Additions — December 2019
Client Household: Alex & Sam Chen Confirmation No.: FIn2019n011872
(HH-CHEN-001)
Advisor: Morgan Park, CFP® Confirmation Date: December 11, 2019
(ADV-PARK-001) | Clearwater
Wealth Partners
Custodian: Fidelity Institutional Wealth Services Settlement Date: December 12, 2019
(CUST-FI-001)
Decision / Ref: MtgID-2019Q4-01 Document ID: DOC-TradeConf-2019Q4-001
Meeting Ref: MtgID-2019Q4-01 Confirmation Annual Rebalance
Type:
IPS Version: IPS-2016 (70/28/2) — equity above Tax Year: 2019
target post-rally
TRADE CONTEXT & RATIONALE
Year-end rebalance following an exceptionally strong 2019 equity market (S&P; 500 +31.5%). Portfolio equity allocation drifted to
approximately 75%, above the IPS-2016 70% target. Equity positions trimmed in ACCT-TX01 (generating long-term capital gains)
with proceeds redeployed into municipal bonds (tax-efficient taxable account placement). ACCT-IRA1 simultaneous rebalance
adds core bonds funded from IRA equity trim (non-taxable).
TRADE EXECUTION DETAIL
Trade Actio Gross Comm/ Net Notes / Lot
Account / No. Settle Security CUSIP Quantity Price
Date n Amt Fee Amount Info
Equity trim;
drift
correction —
ACCT-TX01
12/11/201 12/12/20 UECIX 67890A10 ($8,550.0 LT gain
Z23n8472n91 SELL 150 $57.00 $8,550.00 $0.00
9 19 US Equity Core Index Fund 0 0) Basis: Feb
Joint Taxable Brokerage
2016 lot; basis
$40.00/sh; LT
gain $2,550
Intl equity
trim; drift
correction —
ACCT-TX01 IDEIX
12/11/201 12/12/20 45678A10 ($6,200.0 LT gain
Z23n8472n91 SELL Intl Developed Equity Index 200 $31.00 $6,200.00 $0.00
9 19 0 0) Basis: Feb
Joint Taxable Brokerage Fund
2016 lot; basis
$25.00/sh; LT
gain $1,200
Fidelity Institutional Wealth Services | 245 Summer Street, Boston, MA 02210 | fidelityinstitutional.com
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Document Ref: DOC-TradeConf-2019Q4-001 | Household: HH-CHEN-001 | Custodian: CUST-FI-001 | Synthetic demo data only

Fidelity Institutional Wealth Services TRADE EXECUTION CONFIRMATION
Conf. No: FIn2019n011872 | Date: December 11, 2019
Institutional Client Services | Wealth Management Platform
Trade Actio Gross Comm/ Net Notes / Lot
Account / No. Settle Security CUSIP Quantity Price
Date n Amt Fee Amount Info
Muni bond
add; taxable
ACCT-TX01
12/11/201 12/12/20 MUNIX 78901A10 $10,250.0 $10,250.0 tax-efficient
Z23n8472n91 BUY 1,000 $10.25 $0.00
9 19 Municipal Bond Fund 0 0 0 placement
Joint Taxable Brokerage
Basis: New lot
$10.25/sh
Equity trim
ACCT-IRA1 in IRA — no
12/11/201 12/12/20 UECIX 67890A10 ($5,700.0
Z23n8472n92 SELL 100 $57.00 $5,700.00 $0.00 tax event
9 19 US Equity Core Index Fund 0 0)
Alex Traditional IRA Basis: IRA; no
cap gain
Core bond
add in
ACCT-IRA1 tax-deferred
12/11/201 12/12/20 UCBIX 34567A10
Z23n8472n92 BUY 543 $10.50 $5,701.50 $0.00 $5,701.50 IRA
9 19 US Core Bond Index Fund 0
Alex Traditional IRA Basis: IRA
new lot
$10.50/sh
TOTAL
S
Total Purchased: $15,951.50 (cid:127) Total Sold / Redeemed: $20,450.00
SETTLEMENT SUMMARY
Description Amount Settlement Date Direction
Total Purchased (BUY orders) $15,951.50 December 12, 2019 Debit
Total Proceeds (SELL orders) $20,450.00 December 12, 2019 Credit
Net Cash Flow $4,498.50 Credit
TAX IMPACT NOTES
ACCT-TX01 UECIX sale: 150 shares × ($57.00 - $40.00) = $2,550 LT gain (Feb 2016 lot; held >36 months). IDEIX sale: 200
shares × ($31.00 - $25.00) = $1,200 LT gain (Feb 2016 lot). Combined 2019 cap gains from rebalance: ~$3,750 LT. Total 2019
net cap gains approximately $7,500 including year-round activity.
IMPORTANT: This Trade Execution Confirmation is a summary of executed orders processed through the Fidelity Institutional platform. All transactions are subject to
the terms and conditions of the applicable account agreement. Prices shown are execution prices; actual settlement may vary for equity securities by T+2. Tax
information is provided for planning reference only; clients should consult their tax advisor. This document is synthetic demo data generated for product demonstration
purposes and does not constitute an actual trade confirmation, investment advice, or tax advice.
Fidelity Institutional Wealth Services | 245 Summer Street, Boston, MA 02210 | fidelityinstitutional.com
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Document Ref: DOC-TradeConf-2019Q4-001 | Household: HH-CHEN-001 | Custodian: CUST-FI-001 | Synthetic demo data only
