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Predictive History
LONG TOTAL QUARTERLY RETURN
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Quarters
Tranche1
Tranche2
Tranche3
SP500
Long Average
1996 Q1
2.41%
0.40%
2.81%
5.37%
1.88%
1996 Q2
3.05%
9.19%
5.82%
4.49%
6.02%
1996 Q3
9.96%
7.46%
5.92%
3.09%
7.78%
1996 Q4
18.65%
12.24%
8.64%
8.34%
13.18%
1997 Q1
3.20%
0.16%
-3.68%
2.68%
-0.10%
1997 Q2
23.69%
18.20%
27.60%
17.46%
23.16%
1997 Q3
23.08%
24.59%
24.51%
7.49%
24.06%
1997 Q4
-1.58%
-7.28%
0.60%
2.87%
-2.75%
1998 Q1
16.92%
18.02%
19.80%
13.95%
18.24%
1998 Q2
3.13%
4.42%
2.66%
3.30%
3.40%
1998 Q3
-11.16%
-5.12%
-10.17%
-9.95%
-8.82%
1998 Q4
8.03%
14.56%
14.72%
21.30%
12.44%
1999 Q1
9.78%
-6.06%
3.50%
4.98%
2.41%
1999 Q2
18.58%
21.29%
17.93%
7.05%
19.27%
1999 Q3
6.13%
9.49%
1.17%
-6.24%
5.60%
1999 Q4
58.32%
59.42%
55.53%
14.88%
57.76%
2000 Q1
44.45%
44.76%
31.91%
2.29%
40.37%
2000 Q2
-3.44%
-0.34%
-10.09%
-2.66%
-4.62%
2000 Q3
3.09%
3.71%
11.89%
-0.97%
6.23%
2000 Q4
3.10%
2.14%
-14.29%
-7.82%
-3.02%
2001 Q1
-1.13%
-2.51%
-0.97%
-11.86%
-1.54%
2001 Q2
10.61%
11.72%
8.67%
5.85%
10.33%
2001 Q3
-16.92%
-8.13%
-13.22%
-14.68%
-12.76%
2001 Q4
11.04%
13.78%
18.68%
10.69%
14.50%
2002 Q1
10.80%
14.35%
15.71%
0.28%
13.62%
2002 Q2
2.37%
0.41%
5.09%
-13.40%
2.62%
2002 Q3
-8.85%
-11.33%
-15.05%
-17.28%
-11.74%
2002 Q4
3.14%
5.77%
5.44%
15.21%
4.78%
2003 Q1
2.86%
5.00%
-2.91%
-3.15%
1.65%
2003 Q2
17.78%
19.62%
16.24%
15.39%
17.88%
2003 Q3
13.43%
8.88%
12.98%
2.65%
11.77%
2003 Q4
10.91%
12.35%
19.82%
12.18%
14.36%
2004 Q1
2.90%
-1.46%
3.79%
1.69%
1.74%
2004 Q2
7.07%
-2.65%
2.67%
1.72%
2.36%
2004 Q3
12.60%
9.62%
8.70%
-1.87%
10.30%
2004 Q4
10.63%
10.34%
11.05%
9.23%
10.67%
2005 Q1
11.48%
12.64%
12.41%
-2.15%
12.18%
2005 Q2
6.92%
10.59%
10.86%
1.37%
9.46%
2005 Q3
23.21%
27.59%
24.44%
3.60%
25.08%
2005 Q4
-2.08%
-1.30%
-2.42%
2.10%
-1.93%
2006 Q1
12.19%
13.15%
12.04%
4.21%
12.46%
2006 Q2
-4.27%
-0.25%
-0.76%
-1.44%
-1.76%
2006 Q3
-2.08%
-4.99%
-0.93%
5.67%
-2.67%
2006 Q4
11.96%
11.53%
13.15%
6.70%
12.22%
2007 Q1
4.57%
8.01%
6.91%
0.64%
6.50%
2007 Q2
10.43%
12.02%
12.71%
6.28%
11.72%
2007 Q3
6.41%
1.49%
5.43%
2.03%
4.44%
2007 Q4
3.49%
-0.13%
2.02%
-3.33%
1.79%
2008 Q1
-2.54%
-2.12%
-2.54%
-9.44%
-2.40%
2008 Q2
26.80%
34.75%
29.28%
-2.73%
30.27%
2008 Q3
-33.24%
-28.57%
-26.86%
-8.37%
-29.55%
2008 Q4
-24.31%
-17.89%
-22.71%
-21.95%
-21.64%
2009 Q1
-11.76%
-12.24%
-10.87%
-11.01%
-11.62%
2009 Q2
21.40%
9.27%
9.27%
15.93%
13.31%
2009 Q3
40.84%
33.14%
40.58%
15.60%
38.19%
2009 Q4
3.15%
0.18%
-0.10%
6.04%
1.10%
2010 Q1
11.59%
11.92%
9.60%
5.38%
11.07%
2010 Q2
-15.16%
-16.94%
-12.67%
-11.42%
-14.92%
2010 Q3
9.70%
13.13%
6.47%
11.30%
9.75%
2010 Q4
12.90%
15.86%
9.45%
10.74%
12.74%
2011 Q1
15.38%
12.49%
11.94%
5.92%
13.26%
2011 Q2
-3.64%
-4.83%
-3.04%
0.10%
-3.84%
2011 Q3
-21.75%
-24.23%
-15.50%
-13.87%
-20.47%
2011 Q4
8.26%
21.03%
13.10%
11.81%
14.13%
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