| Table 1. Model Shadow Stock Portfolio: Annual Performance Since Inception | |||||||||||||||||
| Avg Annual Ret Since Inception* (%) |
YTD Ret* (%) |
Annual Rate of Return (%) | |||||||||||||||
| 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | |||
| Shadow Stock Portfolio | 17.6% | (3.1%) | (1.8%) | 29.4% | 17.9% | 43.7% | 73.1% | 10.8% | 21.4% | (7.7%) | (0.0%) | (8.9%) | 44.3% | 22.3% | 20.7% | 2.0% | 32.3% |
| S&P 500 (VFINX) | 9.6% | (9.1%) | 5.4% | 15.6% | 4.8% | 10.8% | 28.5% | (22.1%) | (12.0%) | (9.1%) | 21.1% | 28.6% | 33.2% | 22.9% | 37.4% | 1.2% | 9.9% |
| Vanguard Small Cap (NAESX) | 10.1% | (8.7%) | 1.2% | 15.6% | 7.4% | 19.9% | 45.6% | (20.0%) | 3.1% | (2.7%) | 23.1% | (2.6%) | 24.6% | 18.1% | 28.7% | (0.5%) | 18.7% |
| DFA US Micro Cap (DFSC) | 12.4% | (10.5%) | (5.2%) | 16.2% | 4.9% | 18.4% | 60.7% | (13.3%) | 22.8% | (3.6%) | 29.8% | (7.3%) | 22.8% | 17.6% | 34.5% | 3.1% | 21.0% |
| *Data as of 2/29/2008. | |||||||||||||||||