
| ASSET | MONTH | % RETURN | 
|---|---|---|
| SPY    | January 2003    | -3.14%    | 
| SPY    | February 2003    | -1.44%    | 
| SPY    | March 2003    | -0.21%    | 
| SPY    | April 2003    | 7.81%    | 
| SPY    | May 2003    | 5.47%    | 
| SPY    | June 2003    | 0.46%    | 
| SPY    | July 2003    | 2.2%    | 
| SPY    | August 2003    | 2.27%    | 
| SPY    | September 2003    | -1.29%    | 
| SPY    | October 2003    | 5.05%    | 
| SPY    | November 2003    | 0.66%    | 
| SPY    | December 2003    | 4.56%    |