Performance Review: 2009

Net Payout Yields

RETURNS Last Week -0.76% Last Month 0.64% Last 3 Months 12.15% Last 6 Months 31.76% Last 12 Months 35.38% Last 2 Years N/A Last 3 Years N/A Last 5 Years N/A Since Inception 1.26% (Annualized) 0.89%

S&P500 RETURNS Last Week -0.97% Last Month 0.71% Last 3 Months 9.33% Last 6 Months 25.70% Last 12 Months 26.47% Last 2 Years N/A Last 3 Years N/A Last 5 Years N/A Since Inception -8.27% (Annualized) -5.90%

RETURNS VS S&P500 Last Week 0.21% Last Month -0.07% Last 3 Months 2.82% Last 6 Months 6.06% Last 12 Months 8.92% Last 2 Years N/A Last 3 Years N/A Last 5 Years N/A Since Inception 9.53% (Annualized) 6.79%

Growth (Opportunistic)

RETURNS Last Week -1.25% Last Month 3.32% Last 3 Months 8.40% Last 6 Months 32.17% Last 12 Months 73.80% Last 2 Years N/A Last 3 Years N/A Last 5 Years N/A Since Inception 2.93% (Annualized) 1.89%

S&P500 RETURNS Last Week -0.97% Last Month 0.71% Last 3 Months 9.33% Last 6 Months 25.70% Last 12 Months 26.47% Last 2 Years N/A Last 3 Years N/A Last 5 Years N/A Since Inception -13.74% (Annualized) -9.17%

RETURNS VS S&P500 Last Week -0.28% Last Month 2.61% Last 3 Months -0.93% Last 6 Months 6.47% Last 12 Months 47.33% Last 2 Years N/A Last 3 Years N/A Last 5 Years N/A Since Inception 16.67% (Annualized) 11.07%

Hedged Growth

RETURNS Last Week -1.16% Last Month 0.70% Last 3 Months 5.72% Last 6 Months 18.15% Last 12 Months 23.08% Last 2 Years N/A Last 3 Years N/A Last 5 Years N/A Since Inception 23.35% (Annualized) 18.25%

S&P500 RETURNS Last Week -0.97% Last Month 0.71% Last 3 Months 9.33% Last 6 Months 25.70% Last 12 Months 26.47% Last 2 Years N/A Last 3 Years N/A Last 5 Years N/A Since Inception -0.85% (Annualized) -0.68%

RETURNS VS S&P500 Last Week -0.19% Last Month -0.01% Last 3 Months -3.61% Last 6 Months -7.55% Last 12 Months -3.39% Last 2 Years N/A Last 3 Years N/A Last 5 Years N/A Since Inception 24.21% (Annualized) 18.93%