Fidelity Institutional Wealth Services TRADE EXECUTION CONFIRMATION
Conf. No: FIn2020n007034 | Date: June 15, 2020
Institutional Client Services | Wealth Management Platform
Defensive Reallocation — COVID-19 Risk Shift
IPS-2020 Implementation: 70/28/2 fi 60/35/5 (DecisionID-2020-044)
Client Household: Alex & Sam Chen Confirmation No.: FIn2020n007034
(HH-CHEN-001)
Advisor: Morgan Park, CFP® Confirmation Date: June 15, 2020
(ADV-PARK-001) | Clearwater
Wealth Partners
Custodian: Fidelity Institutional Wealth Services Settlement Date: June 16, 2020
(CUST-FI-001)
Decision / Ref: DecisionID-2020-044 / Document ID: DOC-TradeConf-2020Q2-001
EventID-2020-01 (COVID-19 risk
reassessment)
Meeting Ref: MtgID-2020Q2-01 Confirmation Strategic Reallocation — IPS
Type: Amendment Implementation
IPS Version: IPS-2020 (60% Equity / 35% Fixed Tax Year: 2020
Income / 5% Cash) — replaces
IPS-2016
TRADE CONTEXT & RATIONALE
Strategic reallocation implementing IPS-2020 amendment (DOC-IPSAmendment-2020-001), approved at the June 2020 meeting
following a COVID-19 risk tolerance review (EventID-2020-01). Alex and Sam expressed heightened 'sleep-at-night' concern
with equity concentration at 70%; household risk tolerance reassessed to moderate with preference for increased stability. New
IPS allocation: 60/35/5. Equity positions reduced via UECIX and IDEIX sells in ACCT-TX01; proceeds redeployed into MUNIX
(tax-efficient in taxable), STBIX (cash buffer increase), and UCBIX (bond core add). Second tranche executed June 22, 2020.
TRADE EXECUTION DETAIL
Trade Actio Gross Comm/ Net Notes / Lot
Account / No. Settle Security CUSIP Quantity Price
Date n Amt Fee Amount Info
Equity
reduction;
IPS-2020
realloc — LT
ACCT-TX01
06/15/202 06/16/20 UECIX 67890A10 $36,400.0 ($36,400. gain
Z23n8472n91 SELL 650 $56.00 $0.00
0 20 US Equity Core Index Fund 0 0 00) Basis: Feb
Joint Taxable Brokerage
2016 + Dec
2018 lots
blended; LT
gain $10,400
Fidelity Institutional Wealth Services | 245 Summer Street, Boston, MA 02210 | fidelityinstitutional.com
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Document Ref: DOC-TradeConf-2020Q2-001 | Household: HH-CHEN-001 | Custodian: CUST-FI-001 | Synthetic demo data only

Fidelity Institutional Wealth Services TRADE EXECUTION CONFIRMATION
Conf. No: FIn2020n007034 | Date: June 15, 2020
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
Intl equity
reduction;
IPS-2020 —
ACCT-TX01 IDEIX
06/15/202 06/16/20 45678A10 $10,800.0 ($10,800. LT gain
Z23n8472n91 SELL Intl Developed Equity Index 400 $27.00 $0.00
0 20 0 0 00) Basis: Feb
Joint Taxable Brokerage Fund
2016 lot; basis
$25.00/sh; LT
gain $800
Muni bond;
defensive
ACCT-TX01 add in
06/15/202 06/16/20 MUNIX 78901A10 $20,800.0 $20,800.0
Z23n8472n91 BUY 2,000 $10.40 $0.00 taxable
0 20 Municipal Bond Fund 0 0 0
Joint Taxable Brokerage account
Basis: New lot
$10.40/sh
Cash/ST
bond; 5%
ACCT-TX01 STBIX
06/22/202 06/23/20 12345A10 $20,200.0 $20,200.0 cash target;
Z23n8472n91 BUY Short-Term Bond / Cash 2,000 $10.10 $0.00
0 20 0 0 0 2nd tranche
Joint Taxable Brokerage Equiv Fund
Basis: New lot
$10.10/sh
Core bond
add; 35%
ACCT-TX01
06/22/202 06/23/20 UCBIX 34567A10 fixed income
Z23n8472n91 BUY 580 $10.80 $6,264.00 $0.00 $6,264.00
0 20 US Core Bond Index Fund 0 target
Joint Taxable Brokerage
Basis: New lot
$10.80/sh
TOTAL
S
Total Purchased: $47,264.00 (cid:127) Total Sold / Redeemed: $47,200.00
SETTLEMENT SUMMARY
Description Amount Settlement Date Direction
Total Purchased (BUY orders) $47,264.00 June 16, 2020 Debit
Total Proceeds (SELL orders) $47,200.00 June 16, 2020 Credit
Net Cash Flow ($64.00) Debit
TAX IMPACT NOTES
ACCT-TX01 UECIX sale: 650 shares × ($56.00 - $40.00) = $10,400 LT gain (Feb 2016 lot and Dec 2018 lot blended;
predominantly LT). IDEIX sale: 400 shares × ($27.00 - $25.00) = $800 LT gain (Feb 2016 lot). Total DecisionID-2020-044 cap
gains: ~$11,200 LT. 2020 net cap gains approximately $12,000 LT including Q4 rebalance. Tax topic reference:
TaxTopicID-2020-01.
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
Fidelity Institutional Wealth Services | 245 Summer Street, Boston, MA 02210 | fidelityinstitutional.com
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Document Ref: DOC-TradeConf-2020Q2-001 | Household: HH-CHEN-001 | Custodian: CUST-FI-001 | Synthetic demo data only

Fidelity Institutional Wealth Services TRADE EXECUTION CONFIRMATION
Conf. No: FIn2020n007034 | Date: June 15, 2020
Institutional Client Services | Wealth Management Platform
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-2020Q2-001 | Household: HH-CHEN-001 | Custodian: CUST-FI-001 | Synthetic demo data only
