
| ASSET | QUARTER | % RETURN | 
|---|---|---|
| SPY    | Q1 2000    | 1.69%    | 
| SPY    | Q2 2000    | -3%    | 
| SPY    | Q3 2000    | -1%    | 
| SPY    | Q4 2000    | -8.8%    | 
| SPY    | Q1 2001    | -11.36%    | 
| SPY    | Q2 2001    | 5.72%    | 
| SPY    | Q3 2001    | -14.63%    | 
| SPY    | Q4 2001    | 10.39%    | 
| SPY    | Q1 2002    | -0.23%    | 
| SPY    | Q2 2002    | -13.06%    | 
| SPY    | Q3 2002    | -17.17%    | 
| SPY    | Q4 2002    | 7.55%    | 
| SPY    | Q1 2003    | -4.24%    | 
| SPY    | Q2 2003    | 14.94%    | 
| SPY    | Q3 2003    | 3.17%    | 
| SPY    | Q4 2003    | 11.54%    | 
| SPY    | Q1 2004    | 1.57%    | 
| SPY    | Q2 2004    | 1.66%    | 
| SPY    | Q3 2004    | -1.77%    | 
| SPY    | Q4 2004    | 8.5%    | 
| SPY    | Q1 2005    | -2.58%    | 
| SPY    | Q2 2005    | 0.87%    | 
| SPY    | Q3 2005    | 3.44%    | 
| SPY    | Q4 2005    | 1.8%    | 
| SPY    | Q1 2006    | 4.19%    |