John Bonnell

Assistant Vice President, Mutual Fund Portfolio

John is currently the Portfolio Manager responsible for the Tax-Exempt Long Term, California, and Virginia Bond funds, and the USAA Growth & Tax Strategy Fund.� John originally began work at USAA in 1987 and in IMCO in 1989. Prior to returning to IMCO in 2006, John worked for Oppenheimer Funds as a vice president and portfolio manager (May 2004 - July 2006) and Strong Capital Management as a portfolio manager (May 1999 - May 2004). He holds the Chartered Financial Analyst (CFA) designation (1994) and is a member of the CFA institute, the CFA Society of San Antonio, and the National Federation of Municipal Analysts. Education: B.B.A., University of Texas at San Antonio (1987); M.B.A., St. Mary's University (1991).�