Performance

June 30, 2008

Composite                Q2                6 months       1 Year     Annualized¹  _____________________________________________________        

Value- Taxable       10.67%        9.41%         12.82%    12.76% Accounts         

Balanced Value       7.75%         5.89%           7.71%    10.31%         

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S&P 500                   -2.73%      -11.91%        -13.12%     3.52%         

Performance presented is net of fees

¹ Since Inception (1/01/2005)

(Past performance is not a guarantee of future results)

 

 

 Performance

 

Composite Definitions

Performance Disclosures